Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-08-22
COMPENDIUM OF THE BANKS AND MO.
MED INSTITUTIONS

ter il appears thatathe number of Banks now exist
ing in the city OF New York is fifteen; that their
collective capital amounts to eighteen millions three
hundred aud thirty Thousand dollars, divided into
irec hund cd aud sevcnty-sx thousand nine hundred
shares; ans that during the past year the total
OF their dividends amounted To ORG million thirty-
niue thousand two hundred dollars. And since one
bank with capital of i've hundred thousa nd dollars
made no dividend. the result aforementioned accrued
capital of seventeen millions three hundred aud
thirty thousand dollars constituting an interest of
about two dollars aud eighty cents. In this statement
tho capital employed In New York by the Bank of
the United States rs taken at three millions of dollars
The Insurance Companies in the city of New
York are ten IN number, possessing capital amount
ing to four millions hundred thousand dollars.
Five OF these, whose capitals amount 60 two millions
of dollars, have made dividend during the year
The residue of these companies have shared divi-
dcnds to the of three hundred and one thou
sand five hundred dollars being AT the rate of four
dollars and eighty three cents upon avery hun
drcd dollars stock. The dividends of ono of these
companies (thc Americana have amounted since its
establishment in 1915, TO two hundred and fifty nnc
rar cent
ance Companies. whose capitals amount to ten mil
lions one hundred thousand dollars. hundred
andtwonty -ninc thousand shares Eighteen of these
nave divided four hundred n sixty seven thousand
dollars, capital uf seven millions, being at the
rate of SIX dollars and s'Xysevcu cents per
Twelve other companies enuncrated-such as
the Lombard association, the Tontinc Coffee House
&c. Their capital is two millions two hundred and
seventy three thousand seven hundred and fifty do.
Distributes thirty tpur thousand eight hun
dred and fifty shares. Six Of these companies, whose
capital amounts 10 million one hundred aud
twenty three thousand seven hundred and fifty dol
lars have yielded in dividends one hundred and three
thousand three hundred and twenty three dollars.
The others have been unproductiye.
Tecdpitujdiion.
New York City, total Bank Stock . St833oOoo
Productive do i7330,O00
Interest on 60 50 s.
Insurance stock, A1OO 600
Productive do SlGO, 900
Interest on do, sl4 So
Fire Insurance stock, 1OOoOO 900
Productive do 1000 600
Interest on do . Sc CT
PHLApELPHIA.
Philadelphia has thirteen Banks including that of
Camden. Their capital amounts to eleven millions
OF dollars, divided into hundred and forty eight
thousand seven hundred and seventy shares ON
which, for the year S28 the dividends amounting TO
six hundred and fiity-seven thousand seven hundred
and eighty seven dollars. Capital of the u. States
Bank employed in Philadelphia amounts to two mil
lions of dollars. Mr.. GirarJ's Bank i also n rood
aud useful institution.
The capital in this city of nine Marine Insurance
Companies amounts to three millions two hundred
aud eighty thousand dollars, divided into one hun.
dTed ana one thousand seven hundred and fifty shares
One Of these, whose capital is immense, this wear
yielded no dividend. Tie others have divided two
dollars.
The capital OF three Fire Insurance Companies in
Philadelphia amounts to one million four hundred
thousand dollars. divided into fourteen thousand
ShdIeS, WHICH TINS year yielded dividends
10 eighty three thousand dollars.
Bank Stock, '.'D'0'.'' siife7 soo
Insurance, Marns, $3.50 COO
Do' rHe' 100000
e There sixteen Banks in Boston, containing can.
itai to the amount of fifteen millions and fifty thous
aud dollars, divided into hundHed and sixty. eight
thousand two hundred shares. 1t is estimated that
the Bank of the United States in this city EMPLOYS
about two millions five hundred thousand dollars
vI1 ndS mn ha,E eLo
amounted to eight hundred and fifty three thousand
six hundred and twenty five dollars.
Three Marine Insurance Companies employ cap
ital OF nine hundred thousand dollars, which is dis
trbuted into fifteen thousand shares upon which di
yidends were received this year amounting to forty
five thousand dollars
There also in Boston fifteen associations which
take both fire and marine risks. Their capital a
mounts to four million six hundred thousand dollars
distributed into seventy two thousand shares and upon
these their dividends for the present year amounted
60 three hundred and ninety eight thousand nine
Hundred dollars
Recapitulation
Three Marine Insurance Companies. 900 600
Fifteen Companies both Fire and Murine, 5000 OoO
From a statement in relation to Banks, published
Intthe U. 5 Telegraph, it appears that there are
nine Banks in the City of New York, which accor-
ding to their own reports Of FEBRUARY and March
1925 have together issued notes to the amount of
S3O85,8Ol, payable on demand in SPECIE and that the
VI SPcCIe il inc banks Tor the redemption
thereof only 829 being 81 in paper for one
OF species one ofhe Banks has SIS of notes in circu
lation to 81 specie in Bank
Tia Banks of the State, out of tho city, ore six,
with notes issued to the amount of l,178 O23, pay
able demand with specie in the Banks for the re-
dempton thereof to the amount of sl23 10, in the
proportion of $50 13 Of To in specie for the
redemption thereof
The Bank of the United States and Branches.
p in number have issued notes TO the amount of
s24 1919 and have specie in the Banks TO the A.
mount Of Sj8i582l being SO I-2 of paper to 81 of
specie.
FOREIGN MINISTER'S.
The following article on diplomatic employrncnfs
s from the pea Of one familiar with the subject and
capable Of Instructing those who Ike ourselyes arc