Indiana American. [volume] (Brookville, Ind.) 1833-1861, 1857-10-23

Banksz Banksfi
Blessed be the man that first invented
banksl They are great institutions
They enable capitalists TO realize from 10
to 30 per cent on their money, while poor
folks can only realize six, except in times
like these when they can realize from FIVE
70 q hundred, OVER THE LEFT. But says
the friend Of banks, "weIl regulated banks
are useful.-so, we add would be well
regulated whirlwind take the twists out
Of it. and regulate" its speed TO about
five miles an hour, and il would not only
be harmless but very pleasant but II
would no longer be whirlwind, that is
all. Take away from banks the power to
shave--the right TO take all the interest It
wants--the right tissue notes, and the
right to break with those notes in the
hands Of poor people, and it would no
longer be a bank.
Some Of our readers want us to give a
tlist Of bad banks That would require
about twice as large sheet as ours, devo-
ted to banks alone. The New York
banks are all suspended. The following
are considered too bad 10 take, all others
are current:
Niagm River bank. ronawanda.
Agricultural bank. Herkimer County,
Dairymans bank, Newport
Holllster bank. Buffalo.
Ontario bank. Utica.
o. Lee 4 Co.'S bank, Bufaio.
Bank Of Orleans. Albion.
Reciprocity bank, Buualo.
sackeu's Harbor bank, Bunaio.
Yates County bank, Penn Van.
Tompkin's County bank, Ithsca.
Hugucnot bank, New Paitz,
| Medina bank, Medina.
Troy City bank Troy.
| Central bank OF New York, Of Utica.
Hamilton Exchange bank. Greene.
The following Illinois banks have in
creased their securities. and are current:
Agricultural bank; Alton bank; Bloomington
bank; Central (PeorlA) bank City (of Ottawa
bank; Chicago bank; Citizen 5 bank; Eixin bank;
Rdgar County bank; Farmers and Traders bank;
Frontier bank; Galena bank; Gravy lille hank; In.
ternational bank; Lafayette bank: Marion bank ;
Mclean County bank; Merchants snd sI,rover.
bank, National bank: Northern Illinois bank: Ma.
piervilie bank; Prairie Sta te bank; Bank OF Peru.
pike County bank; Quincy bank; Railroad bank;
Southern (erayviile) bank; State tshawneetown)
bank; +. I. Tinkham & Co.'S bank; Warren Coun-
ty bank.
The Ohio State Banks except the fol-
lowing, are current now, but may not be
by the time our paper reaches its readers.
Dayton Bank.
sandusky City do.
Clinton do. Columbus. ll..
Miami Valley do.
City do. Columbus.
Franklin do. Columbus.
The Kentucky Banks are yet current
The following Free Banks in Indiana
have increased their securities and are re-
garded safe. There is surplus Of securi-
ties, over issues of 1l4,999: -
Bank Of Goshen sA
:" Gosport.
a Mt. Vernon. ..i - 'He.
/ .. Indiana. ffu =. t.
| III % Paoli.
I" Rockville.
| % Salem, New Albany.
l. 81" salem, Salem.
Bloomington Bank. if
Cambridge City do. a,4 -f.i.1.s I'D.
Canal do IS. si Haa 81
Crescent City do ~.
Exchange do
Farmers do westneld.
Indiana do
Indiana Farmsrs' do at ~
Kentucky Stock do
Lagrange do
| Parke County do
Prairie City DO 'st
Salem do Goshen.
Southern do OF Indiana.
Tht following banks are closing, but
their securities are good, amounting to
1866 above issues: t'''
Central Bank.
Brookville do
Bank Of the Capitol. aa
+" OF Elkhart. fa aHl.
!" OF Monticello.
OF Syracuse.
Hoosier do
Indiaha Stock do
Huntington coanty do
Indiana Reserve do fs sa
Fayette County do
Merchants. q Mechanics do
The Tippecanoe Bank is under protest.
The Branch Of the new State Bank at
Jacksonville is under protest. Others