The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-10-20
BANK STATISTICS.

4 IfRncSSe.-lhe renOftS OF Inc Union Bank and
| the Planters Bank of Tennessee, on the lS of Oct
show an aggregate business TO the amount OF eleven
and half millions. Their specie FIVE hundred and
twenty thousand dollars.-What would become of
the business of Tennessee if il was reduced TO this
specie standard! And 10 this the loco fuco pro-
jeclors Van Buren, and Calhoun, are seeking to
level all the business of the country.
Tirginia-A statement of all the banks in Vrg
MA 10 the LIST of September, has been made, showing
an increase of discounts since the first of January Of
Isl ls9 307, while the circulation has decreased 81,
23l ,0lS and their specie $40, 1853
lhSachn@tS-Seven of the eight banks in Salem
Mass, have declared half yearly dividends of from
2 to3 l-2 per cent.
Maine-Counerfeit S. bills of the York Bank
Saco, are in crcuation-paper thin and rough
NeD York.-The Manhattan Bank, New York
refuses specie on 800 bills, but pays onc-to"rh
specie, and the balance in bills of other banks on
sma Her notes
Resumption of Specie Paymcnts-I affords us pc.
culiar satisfaction to announce, and we do so by
authority-that the Mechanics and Farmers Bank
of this city, has this day RESI- MED THE PAY
MENT OF IT'S BILLS IN SPEClE-A@any
! ErcRiRg Jonrpat.
We understand that the circulation of the above
Bank is something like 100000. II is said the
the other Banks at Albany declined coming into
the same arrangement at present.-N Y Journai Of
| Conn.
| Mehigon.-A nest of emissions of that conSum-
mate impostor, Joe Smith, of the Golden Mormon
Bible, have been broken up at Lenamah, Michigan,
attempting TO pass the humbug Anli-Bank OF kirt-
! land notes.
Pennsylvania PHILADELPHIA Banls-The follow
ing estimate of the Philadelphia banks, to the Isl
inst appears in Bickners Reporter, and it is stated
| as derived from competent authority. The dis.
counts since the 18th of May have been reduced
| $6,SO0,0O0. They have reduced their circulation
81, 100000, while their deposiles have decreased
! 100000
Providence, Mrehants' Bank-Yesterday, the
! Bank Commissioners withdrew their complaint
1 al
| Court. We hear that the Commissioners are salts
! fed that the Directors of this Bank will keen their
circulation within due bounds The following cx-
| hbit made TO the Bank Commissioners on the llth
instant shows conclusvely that the institution is in
perfectly sound and hourShing situation, and with
out doubt will be prepared to resume specie pay
ments as early as any other bank in the State and,
we venture to say, that the Rhode Island banks will
be as well prepared as any other of the banks in New
England for the redemption of their bills.
| Merchants Bank liabilities, including circulation
as per return, S392o vs. 20
Assets. .......... ...'.'' 'N'9sl %
Balance over and above all liabilities, S5l7s35 Al
1lrculatlon, '....... 49, S39uIS w
Spccie,...... .......,....2s 119 81
STATE OF THE U. S BANK-Thc United States Ga
zete of Monday, says A friend who has had access
| to the October statement Of the Bank Of the United
States transmitted to Harrisburg, has favored US with
the following particulars The notes OF the new bank
out except the post a, long dates issued to md
viduas during the late troubles amount to s6Ol 4O3 80
The notes OF the late bank out, ,l75s6l %
Total ............... b,'H'-pi =, :,
The speciesalnounts TO ......;;'' 3olo2'o %
| The comparison Of these items with the corresPon.
ding particulars Of some other banks as recently pup
lishcd, shows the following results
Circulation. Specie
The RAM NJ tho I, & GIT 264 A 30l6 $50 90
| The 95 banks OF the state 49, "a m
Of New York l5,o39,7l4 90 2,73l43s Oo
| The two Virginia banks ,o NJ
and branches ...... 5,OOs, 692 81 s51 663 81