Exchange Bank (Buffalo, NY)

Episode Information

Episode UID
2514599490659
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
251459949 hash
Start Date
November 9, 1854
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
bb44e4b3cf192f41

Response Measures

None

Events (1)
1. November 9, 1854 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank stopped payment/failed (reported as has stopped or has stopped payment)
Newspaper Excerpt
This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped.
Source
newspapers

Newspaper Articles (16)
1. November 10, 1854 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, November 10, 1854

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COTTI IVINTITI [Reported expressly for the Daily Journal.] NEW YORK, Nov. 9, P. M. Elections thus far stand Seymour, 76,806; Clark, 64,702; Uliman, 60,661; Bronson, 13,389. For Mayor of New York City, Wood, 16,176; Barker, 15,143; Hunt, 12,809; Herrick, 4,785. A few more wards to hear from, which will not change the result for Mayor much. BUFFALO, Nov. 9. This is a blue day in monetary affairs.The Exchange Bank of Rob't Codd has failed. = CLEVELAND, Nov. 9. Canal Bank failed; paying bill holders but not depositors, effects assigned to W. J. Gordon, and J. R Hewitt who are paying specie at counter, Cashier says all bill-hola ders will be paid. Other Cleveland Banks are receiving Canal Bills on deposit at par. Canal Bank is bared upon independent State Stock pledged for circulation. . CHICAGO, Nov. 9. The Congressional delegation election consists of the election of Washburn, Norton, Knox, Williams and Yates, Whigs; Woodworth, K. N., Trimble, Anti-Nebraska Democrat. NEW BEDFORD, Nov. 8 / Liberty Hall nearly destroyed by fire this morning. Lower floor occupied by stores.The goods were mostly saved. Halifax, Nov. 9 The America has arrived with Liverpool dates to 28th. Flour-western 42s; Ohio 44s. Cornyellow and white 32s 6d. MANCHESTER,-Breadstfs slightly declined; lard moderate demand, prices favoring buyers; beef unchanged, pork dull.Bacon advanced 1s; rice advanced 1s, good REOOR demand. LONDON MONEY MARKET.-Transactions in American securities small; U. S. stocks unchanged; rates of interest lower. Consols closed at 94f. Bullion in the bank of England increased Β£500,000. Sebastopol was being bombarded, not taken. Austria and Russia were on the point of war. Mr Soule has been prohibited entering France. NEW YORK, Nov. 9. A Star of the West, in passing Sandy Hook, T gave a signal that the Yankee Blade was wrecked. No lives lost. A NEW YORK, Nov. 9. P. M. Flour declined 12c; good Ohio 8 50a6 24; T southern, sales 1,700 bbls at 6 85a9 25. Genesee wheat $2 20; southern red $1 80al 60. Corn adqanced, sales 7,500 bush. Pork deAS clined 12c; sales 2000 bols; coffee firm, 800 bags sold. Molasses scare; sales 225 bbls.Whisky firm. Galena lead 6 30 Stocks are unchanged. Money steady. Reading stock 704, Cleve land & Toledo 58, Erie 40f, N.Y. Central 843. NN CINCINNATI, Nov. 9, P. M. River stationary, weather clear and pleasant. Fiour in fine den and 7, 80@7, 90 Oats advanced to 42 Whisky 28. PAGER Cheese 10c. Previsions dull, and pricos nominal. Sales of Wisconsin potatoes at $1 20. Cloverseed $7. McMilikin & Co., private bankers, closed to day. There has been no run on other houses and depositers are concentrating on four or five leading esy tablishments. The Trust Co. Bank was crowded all day with depositors. Money matters improving. 1 Eastern exchange filf prem. Gold retails at 5 prem. Amount of money embezzled by Bodley now stated at $10,000. ILLINOIS ELECTION. VINCENNES, Nov. 9. Jas. Allen, Dem., supposed to be elected

2. November 10, 1854 Washington Sentinel Washington, DC
Article from Washington Sentinel, November 10, 1854

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Tight Times at Buffalo. NEW YORK; Nov. 9.-Through dispatches received by private parties in this city, I learn that this has been a blue day in monetary circles at Buffalo. The Exchange Bank of Robert Code has stopped payment. The suspension of at least one large house on the dock must follow.

3. November 10, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, November 10, 1854

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COMMERCIAL EMBARRASSMENTS IN BUFFALO-BANK FAILURE. BUFFALO, Thursday, Nov. 9, 1854. This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must take place.

4. November 10, 1854 The New York Herald New York, NY
Article from The New York Herald, November 10, 1854

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Bank Suspension. THE CINOINNATI FAILURES, &C. CINCINNATI, Nov. 9, 1854. Messrs. Ellis & Sturgis and T. S. Goodinan & Co. have made assignments. There has been no run on the other bankers this morning: but large numbers of people are assembled around the doors of the suspended parties. Mr. Bodley, clerk in the banking house of S. W. Torrey & Co., has absconded with $1,500 or more. Theamount is not yet ascertained, and may prove much larger than is stated. McMackin & Co., private bankers, closed their doors to-day. There has been no run on other houses, and the deposites are now concentrating in favor of four or five leading establishments. The Trust Company Bank has been crowded all day with depositors. Money matters are beginning 10 improve. Eastern ex. change ranges from a half to one and a half per cent premium. Gold is retailing at five per cent premium. The amount of money embezzled by Rodley, the clerk of W. Torrey & Co., is. now stated to be ten thousand dollars. BANK TROUBLES IN CLEVELAND. CLEVELAND, Nov. 9, 1854. The Canal Bank of this city has failed. It is paying its bill holders, but not depositors. The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett, who are still paying at the bank counter specie for the bills, as presented. The cashier says that holders of the bills will be paid in full. All the other Cleveland banks are receiving the bills of the Canal Bank on deposit at par. The Canal is an independent bank, and State stock is pledged for its circulation. COMMERCIAL EMBARRASSMENTS IN BUFFALO. BUFFALO, Nov. 9, 1854. This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must take place. FAILURE IN PITTSBURG. PITTSBURG, Nov. 9, 1854. A large banker of this city failed to-day, and there is a complete panic in the money market. From New Orleans. THE WEATHER IN NEW ORLEANS-COMMERCIAL AF FAIRS. NEW ORLEANS, Nov. 8-Noon. The weather here is fine and cool, but no actual frost has yet occurred. Our cotton market displays considerable activity, the sales this morning reaching 5,000 bales at previous rates. The stock of pork in this market is nearly exhausted, and prices have consequently advanced $2 per barrelβ€” the quotation now being $16 for mess. Corn has declined to 80c. per bushel. The steamship Cahawba leaves here to-morrow for New York, via Havana.

5. November 11, 1854 The Daily Union Washington, DC
Article from The Daily Union, November 11, 1854

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Bank Panice and Troubles in the West. CISCINNATI, Nov. 9. -Messrs. McMackin & Co., private bankers, closed their doors to-day. There has been LO run on other houses, and the deposites are now concentrating in four or five leading establishments. The Trust Company Bank has been crowded all day with depositors, and money matters are improving. Eastern exchange ranged to-day from 1/2 to 11/2 premium. Gold is retailing at 5 per cent. premium. The amount of money embezzled by Mr. Bodley is now stated to be only $10,000. Messrs. Ellis & Sturgis, and T.S. Goodman & Co., have made assignments. There is a run on other bankers this morning, but a large number of people assembled around the doors of the suspended parties. Mr. Bodley, & clerk in the banking-house of S. W. Morrey Co., is said to have absconded with $1,500 or more. The amount is not yet known and may be much larger. CLEVELAND, Nov. The Canal Bank of this city has failed. It is paying its bill-holders but not depositors. [SECOND DESPATCH.] The affairs of the bank have been assigned to W. J. Gordon and J. L. Hewett, who are still paying at the bank specie for the bills as presented. The cashier says that holders of bills will be paid in full. All the other Cleveland banks are receiving the bills of the Canal Bank on deposite at par. The Canal is an independent bank, and State stock is pledged for its redemption. BUFFALO, Nov. 9. -This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must soon take place, PITTSBURG, Nov. -Hugh King, banker, failed to-day, and there is quite a panic in the money market.

6. November 15, 1854 The Weekly Portage Sentinel Ravenna, OH
Article from The Weekly Portage Sentinel, November 15, 1854

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The Bank Failures. Failures are the order of the day. A commercial crisis has come, which threatens to overthrow the would be "money Kings" of the country, and exhibit their affairs in a true but not very enviable light. Storms are said to purify the atmosphere, and it is to be hoped that the financiel storm now upon us will clear away the rubbish and show business men where and how they stand. The heavy failures which have recently occurred, have caused a feeling of insecurity throughout the whole country, and the people very justly begin to make an examination of their financial concerns. A month or two ago every day brought us news of Bank failures from New York, Michigan, Indiana, Kentucky and other States around us, 80 that some began to congratulate themselves, that our home institutions were better than foreign, (this may be the case; they are all bad enough;) but the recent news from Cincinnati, Dayton, Circleville, Columbus and Cleveland, is beginning to shake the confidence of the people in every thing, like banking institutions anywhere. First came the failure of Ellis & Sturges; about the same time, word was received that the Circleville Bank had 'gone by the board.' The next day the Miami Valley Bank "suspended payment." The day after, the Clin. ton bank of Columbus was said to be in a fainting condition, and last, but not least the Canal Bank at Cleveland has "given up the ghost" and robbed its depositors and time draft holders of one hundred and eighty thousand dollars! Beautiful institutions truly. If a poor man were to steal $35 to get food for his family, he would be deemed a felon and sent to the Penitentiary; but a Bank may receive thousands on deposite just on the eve of failure, suspend payment, defraud its credit. ors, out of their money and its directors and officers go unpunished! These are the same privileged institutions which are exempted from the payment of taxes, and as a consequenee are licensed to defraud and wrong the laboring classes without hinderance or restraint. The circulation of some of these Banks however, is secured by State or United States Stocks. Where this is the case the bill holders are secure. But the depositors of money with them, are without security and as a consequence lose the whole amount of their deposites. Below, we append a list of the only Banks in Ohio whose circulation is secured by State or United Statas Stocks deposited with the officers of State: Bank of Geauga; Canal Bank of Cleveland; City Bank of Cleveland; City Bank of Columbus; City Bank of Cincinnati; Commercial Bank of Cincinnati; Franklin Bank of Zanesville; Mahoning County Bank, Youngstown; Sandusky City Bank; Seneca County Bank, Tiffin; Western Reserve Bank, Warren; Bank of Commerce, Cleveland; Bank of Marion; Champaign County Bank, Urbana; Franklin Bank of Portage Co., Franklin; Forest City Bank, Cleveland; Iron Bank of Ironton; Merchants' Bank of Massillon; Miami Valley Bank of Dayton; Pickaway County Bank, Circleville; Springfield Bank; Stark County Bank, Canton; Union Bank, Sandusky City. 05 P. S. Since writing the above, news has reached us of the failure of the City Bank of Columbus, Farmers Joint Stock Bank, Buffalo; Wondbury Bank, Connecticut and Exchange Bank, Buffalo. So they go. We are a fast people.

7. November 16, 1854 The National Era Washington, DC
Article from The National Era, November 16, 1854

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Commercial Embarrassments in Buffalo. Buffalo, Nov. 9.-This is a blue day in our commercial circles. The Exchange Bank of Robert Codd has stopped, and we learn from private sources that the suspension of at least one large house on the dock must take place.

8. November 17, 1854 Plymouth Advertiser Plymouth, OH
Article from Plymouth Advertiser, November 17, 1854

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# Monstary. The Cincinnati Gazette of Tuesday says: The Exchange Bank of Buffalo, Farmers' Bank of Chicago, and Woodbury Bank of Ct., have been discredited. The Urbana and Champaigne County Insurance Co., at Urbana, closed on Friday. Gold is selling here at five per cent. premium. The notes of the Bank of Kanawha sold to-day at 25 per cent discount. Bank of Circleville at 50; Kentucky Trust Co. at 70, and Newport Safety Fund at 80. There few sellers of Circleville, however. There is a good deal of confidence in the Bank. The notes of the Clinton Bank of Columbus were again refused, to-day. Indiana Stock notes are selling at 25 to 30c discount, but a list of 50 of them will be better in a few days. The notes of the Clinton Bank of Columbus, will be taken hereafter by the Trust Company. Thompson's Reporter says-The Woodbury Bank, Connecticut, was thrown out by the New York Banks od Thursday. The house of P. S. Marsh, of Buffalo, reported suspended, is still paying a large amount of acceptances, on property which has come forward, and all bonafide creditors will be fully paid, Over $20,000 worth of paper was paid on presentation on Saturday, and $15,000 to-day. The Farmers' Joint Stock Bank is not redeemed at its agency here, and Bank shut, Tuesday. There was much excitement, but the impression was that the notes would be redeemed fully. Merchants' and Mechanic's Bank of Chicago, is closed. The Napierville Bank and Bank of Elgin are refused in that city. The City Bank of Chicago closed Nev. 14. The private banking house of Geo. Milne & Co., Cincinnati, stopped payment; Tuesday Merchants' Bank of LaFayette, Indiana, Trans-Allegheny Bank, Va., and the Farmers' Bank, Half-Moon, N. Y., all broke. The Dayton papers contradict the report that the Miami Bank of Dayton, has failed. The Mechanic's and Traders' Bank of Cincinnati failed, Weduesday morning. It being a branch of the State Bank, the notes will not be sacrificed. A crowd of persons incensed by the failure of the Champaign Insurance Co., mobbed the house of the President, Mr. John H. James, in Urbana, on Tuesday night. Mr. J. was largely concerned in the Merchants' and Traders' Bank, Cincinnati. From the Sandusky Register of Thursday, we clip the following: CINCINNATI, Nov. 14. The closing of the Meachants' & Traders' Bank has increased the excitement already prevailing, and financial matters are now worse than ever. Confidence is decidedly weak; but we are happy to state we have no mercantile failures to report. Gold is 8 per cent premium, and there is a large amount of money olering outside, in small parcels, by those who are afraid to hold it. More relief is experienced in this way, than when the funds are in the hands of the brokers. The principal banking houses having failed, we are now near the end of our difficulties. It is hoped the three heavy bankers that remain, are above suspicion, and these, with the Trust Co., are receiving all the business, and the deposites are very heavy. All that is required to make money easier is confidence. In the general markets, very little business is being transacted. The notes of the Mechanics' and Traders' Bank are received on deposit, the other branches of the State Bank being bound for their redemption. On Tuesday, the Sheriff of Cuyahoga Co., forced the vault of the Canal Bank of Cleveland, to sceure the special deposits. Dr. H. A. Ackley, one of the Trustees of the Lunatic Asylum at Newburgh, placed in the Canal Bank some $9,000 of the State Funds, as a special deposit, to be checked out as the wants of the institution might require. When the Bank failed, he called to remove the moneys, but was told by the Cashier that the amount was included in the general assignment. The upshot of the matter was, an attachment was issued, and, upon the Bank's refusing to deliver up the deposits, the vault was forced, and contents taken possession of by the Sheriff. A compromise was effected, afterwards the Bank protesting against the whole proceedings. The Free Banks of Indiana are rapidly redeeming their circulation. From Monday morning to Wednesday night, last, $76,000 of their notes were returned to the Auditor's omce and cancelled--the parties receiving back an equal amount of the Stock Securities. The circulation is now reduced to $5,000,000, and is being redeemed at the rate of $50,000 every day. # A SAD SIGHT. A London paper states that since the battle of Alma, the different military depots of London, in Pall Mall, Charing Cross, Picadilly and Knightsbridge have been thronged with old men, women and chtldren, seeking

9. November 18, 1854 Monongalia Mirror Morgantown, WV
Article from Monongalia Mirror, November 18, 1854

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Money Matters. The times are sadiy out of joint just now, 50 far as the Banks and money dealers out West are concerned. For the information and protection of our readers we have gathered up all the items of special interest on this subject that have reached us. They are as follows :The City Bank of Columbus, Thos. Moodie President, closed its doors on Friday last. The circulation is secured by State stocks, and there should be no loss. The notes of the Clinton Bank of Columbus are not received at Cincinnati, but the bank has not closed its doors. This bank was under the old system, and its charter has expired. The Circleville Bank is closed, but its notes are at par at home and 95 cents at Columbus. In Cincinnati there was an extensive run on the private banks. John S. Dye has closed. McMicken & Co. failed on Saturday. Ellis & Sturges, Smead & Co., and probably others, have issued cards, giving assurances that their assets are ample, and that a few stays will be sufficient to reduce them to money, when every dollar of their indebtedness will be discharged. Gold is selling at Cincinnati at five per cent premium! The Canal Bank at Cleveland made an assignment of its assets to Gordon & Hewett, who, it is said, are paying out specie for its bills. The other Cleveland banks take them as usual on deposit. The Exchange bank of Robert Codd, at Buffalo, has stopped payment. Others are expected to go by the board. Hugh D. King, a banker in Pittsburg, has failed. There is considerable of a panic in the money market of that city. The circulation of the Independent banks of Ohio is secured by State Stocks, and is worth dollar for dollar. The following is a list of them : Bank of Geauga Canal Bank of Cleveland City Bank of Cleveland City Bank of Columbus ; City Bank of Cincinnati; Commercial Bank of Cincinnati; Franklin Bank of Zanesville Mahoning county Bank, Youngstown Sandusky city Bank; Seneca county Bank, Tiffin ; Western Reserve Bank, Warren Bank of Commerce, Cleveland; Bank of Marions Champaign county Bank, Urbana; Franklin Bank of Portage co., Franklin Forest city Bank, Cleveland; Iron Bank of Ironton; Merchant's Bank of Massilon Miami Valley Bank, Dayton; Pickaway county Bank, Circleville Springfield Bank; Stark county Bank, Canton; Union Bank, Sandusky city. Though the notes of the several Branches of the State Bank of Ohio are not thus secured, their circulation may be considered as entirely safe.-IVheeling Gaz.

10. November 22, 1854 Grand River Times Eastmanville, Grand Haven, MI
Article from Grand River Times, November 22, 1854

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Loss OF THE STEAMER YANKEE BLADE.-The steamer Yankee Blade left San Francisco, Sept. 30, with 800 passengers and $153,000 in specie. Oct. 1, at 31 o'clock, P. M., whilst encompassed in a dense fog, she ran upon a reef of rocks, off Point Arguilla, and in less than twenty-five minutes sank in water below the promenade deck. The boats were immediately manned and all the passengers taken from the wreck, but one of the boats unfortunately stranding about thirty lives were lost. The next morning the steamer Goliath made her appearance and succeeded in picking up the survivors yet on the sea, amounting to six hundred, and landed them at San Diego, whither she was bound. Five hundred and thirty-six were left there until a vessel could be sent to bear them on their homeware journey. On her return the remaining part of the passengers and crew left were taken on board and landed at San Francisco. WRECK OF THE STEAMSHIP NEW ERA-TERRIBLE LOSS OF LIFE.-The packet ship New Era, of Bath, Maine, on her passage from Bremen to New York, with over two hundred and sixty passengers on board, in a dense fog, on Sunday night, went ashore off Deal, on the Jersey shore, and will probably prove a total wreck. The latest n'elligence received, states that the ship was breaking up, and more than one half of the passengers had been drowned in between the decks and overboard, and many were yet clinging to the wreck with but little prospect of being saved; the sea constantly breaking over the wreck and running so high that even a life boat could not out ride the waves. The passengers were all Dutch or German. BROKEN BANKS.-The following is a list of banks which have recently burst up, and are today rejected by our brokers. Each day adds new ones to the list. Where it will end cannot be determined. There is now but one safe rule and that is to take as little paper money as possible, unless you know that the bills are secured by safe stocks, and keep no others on hand.This is a necessary finale to such an increase of banks as we have had for the last few years.-So great an expansion of the currency was sure to bring a crash, and notwithstanding the repeated warnings, the banks have continued to increase in an unprecedented ratio. Here is the list: Maine-Bank of Hollowell, Shipbuilder's Bank. Indiana-All free banks. Ohio-All banks except State Bank and branches. Connecticut-Woodbury bank, Middletown bank. New York-Lewis County bank, Exchange bank of Buffalo, City bank of Buffalo. Kentucky-All banks. Illinois-Phoenix bank, Farmers bank, Merchants and Mechanies' bank, City bank, of Chicago; Elgin bank, Ottawa bank, Dupage bank, Bellvidere bank, Rock Island, Naperville bank, of Rockford. LATER.--We learn to-night, that the State banks and branches of Ohio and Indiana are refused by the brokers of this city. If this is generally done, the effect will be far reaching, and it would not surprise us to see a very general suspension by the banks of the country. Stand from under those that can. [Grand Rapids Enquirer.

11. November 24, 1854 The Kalida Venture Kalida, OH
Article from The Kalida Venture, November 24, 1854

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bas Latest Banks Failed. The Bank of Circleville, Ohio, is said to have failed-also The Farmers' Bank, of Chicago, Ill. The Exchange Bank, Buffalo, N. Y. The Canal Bank, Cleveland, Ohio. The City Bank of Columbus, Ohio, suspended this morning. The Woodbury Bank, Woodbury, Con nec:icut, thrown out at the Suffolk Bank Seven more Indiana Banks under protest, viz: Wayne Bank, Logansport; State Stock Bank of Indiana, Peru; Upper Wabash Bank, Wabash; Perry county Bank, Cannelton; Steuben county Bank, Angola; Traders Bank, Terre Haute; Great Western Bank, Terre Haute, Look out for more soor!-Dye's Bank Mirror, Nov. 15th, 1854.

12. November 28, 1854 Spirit of the Times Portsmouth, Ironton, OH
Article from Spirit of the Times, November 28, 1854

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FAILURES! Aside from bank suspensions, we hear of several bankers and] merchants. &c. of some importance. He'are,a few of them : McMicken & Co., private bankers, Cincinnati. Exchange Bank of Robert Codd, Biffalo. Hugh D. King, banker, Pittsburgh. Ellis & Sturges, bankers, Cincinnati. do. T. S Goodman & Co., do. Smead, Collard s Hughes, do. John R. Morton & Co., A. Wilkins & Co., Pittsburgh.

13. November 29, 1854 The Weekly Portage Sentinel Ravenna, OH
Article from The Weekly Portage Sentinel, November 29, 1854

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# Broken Banks. The following is a list of Banks, that have suspended within a few months past. For the benefit of our readers, we shall keep it standing, and make weekly additions thereto, of such failures as come within our knowledge: Patchin Bank, Buffalo. Farmers' and Merchants' Bank, Oswego. Farmers' Bank of Canadaigua. Drovers' Bank, Ogdensburg. Bank of Carthage. Farmers' and Merchants' Bank, Maryland, Massillon Bank, Ohio. Farmers' and Merchants' Bank, Memphis. Ohio Savings Institute, Tiffin Cochituate Bank, Boston. Bank of West Killingly, Connecticut. Eighth Avenue Bank, New York. Bank of Ellsworth, Maine. Elkhart County Bank Indiana. Bank of Northern Indiana. Bank of Washlenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Newport Safety Fund Bank Kentucky. Kentucky Trust Company. Bank of Kanawha, Virginia, Arlington Bank, Washington, D. C. Farmers' and M. Bank, Washington, D. C. Bank of Connersville, Indiana. Bank of Hallowell, Maine. The Shipbuilders' Bank, Maine. Lewis County Bank, New York. Akron Branch, Akron. Merchants and Traders Branch, Cin. Exchange Bank, Buffalo. Farmers' Joint Stock Bank, Buffalo. Woodbury Bank, Connecticut. Circleville Bank, Circleville. The City Bank, Columbus, Miami Valley Bank, Dayton, and the CanalBank of Cleveland have suspended payment so far as depositors and time draft holders are concerned, but the bill holders are secured by State and United States Stocks.

14. December 6, 1854 The Cadiz Democratic Sentinel Cadiz, OH
Article from The Cadiz Democratic Sentinel, December 6, 1854

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suspended within a few months past. For the benefit of our readers, in these times of bank suspensions, we shall keep it standing, and make weekly additions thereto: Lewis County Bank, of New York. Carthage Bank, do Milrose Bank, do Drovers' Bank, do Bank of Carmel, do Ogdensburg, do Exchange Bank Buffalo, do Patchin Bank, Buffalo, do Eighth Avenue Bank, do Bank of West Killingly, Connecticut. Bank of Ellsworth, Maine. Bank of Circleville, Ohio. Clinton Bank of Columbus, Ohio. Canal Bank of Cleveland, do. Miami Bank, Dayton, do. Woodbury Bank, Connecticut. Shipbuilders' Bank, Maine. Merchants' and Mechanics's Bank, Chicago. Union Bank, Chicago, Ill. Knickerbocker Bank, do Farmers' Joint Stock Bank, Buffalo, N. Y. Farmers' and Mechanics' Bank, Oswego. Farmers' Bank of Canandaigua. Farmers' and Merchants' Bank, Maryland. Merchants' Bank of Macon, Georgia. Milford Bank, Deleware. Merchants' Bank Burlington, Vermont. River Bank Connecticut. Cumberland Bank, Maine. Kentucky Trust Company Bank, Covington. Newport Safety Fund, Covington, Ky. Commercial Bank, Paducah, Kentucky. Trans Allegheny Bank, Virginia. Kanawha Bank, Va. Massillon Bank, Ohio. Ohio Savings Institute, Tiffin. Cochitute Bank, Boston. Elkhart county Bank, Indiana. Bank of Northern Indiana. Bank of Washtenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Arlington Bank, Washington, D. C. Bank of Connersville, Indiana. Bank of Hallowell, Maine. Akron Branch, Ohio. Merchants and Trader's Branch, Cin., O. City Bank, Columbus, Ohio. Commercial Branch, Toledo, Ohio. Ashtabula Branch, Ohio. Napersville Bank, Illinois. Merchants Bank, Bridgeton. Government Stock Bank, Ann Harbor, Mich. Cuyahoga Falls Branch Bank, O. Licking Branch Bank, Ohio. PhΕ“nix Bank, Chicago, Illinois. Du Page county Bank, Illinois. Bank of Ottawa, Illinois. State Stock Bank, Peru, Indiana. Stock Bank, Lafayette, Ind. Bank of Elkhart, " Plymouth Bank, " Fayette county Bank, " Delaware county Bank, " Logansport Insurance Company, Indiana. Indiana Stock Bank, Laport. Savings Bank, Cincinnati. Scituate Bank, Rhode Island. Wollborough Bank, New Hampshire. Bennington Bank, Vermont. Mousum River Bank, Maine. Bank of Ellsworth, " Bank of Milford, Delaware.

15. December 6, 1854 The Weekly Portage Sentinel Ravenna, OH
Article from The Weekly Portage Sentinel, December 6, 1854

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FLOUR * Π²Ρ‹. Ex. $10,00, com. 8,00@9,50 1,85@1,90 WHEAT if Bush. 80@ RYE if Bush. 75@ CORN if Bush. 40@ OATS P Bush. 1.25@ FLAX SEED P Bush. 3,25@3,00 TIMOTHY SEED P Bush. - 5,00@5,50 CLOVER SEED if Bush. 1,00@1,25 BEANS, white, P Bush. 1,00@1,25 POTATOES P Bush. 50@ 75 ONIONS P Bush. - 18@ BUTTER t 1b $ to - 8@ CHEESE if lb 10@ LARD P tb 12@ EGGS P Doz. 2,00@ SALT P Bbl. 3,00@4,00 COAL, stone, if Ton & 1,25@1,75 WOOD P Cord 1 9,00@10,00 HAY * Ton Broken Banks. The following is a list of Banks, that have suspended within a few months past. For the benefit of our readers, we shall keep it standing, and make weekly additions thereto, of such failures as come a ithin our knowledge: Patchin Bank, Buffalo. Farmers' and Merchants' Bank, Oswego. Farmers' Bank of Canadaigua. Drovers' Bank, Ogdensburg. Bank of Carthage. Farmers' and Merchants' Bank, Meryland, Massillon Bank, Ohio. Farmers' and Merchants' Bank, Memphis. Ohio Savings Institute, Tiffin Cochituate Bank, Boston. Bank of West Killingly, Connecticut. Eighth Avcnue Bank, New York. Bank of Ellsworth, Maine. Elkhart County Bank Indiana. Bank of Northern Indiana. Bank of Washlenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Newport Safety Fund Bank Kentucky. Kentucky Trust Company. Bank of Kanawha, Virginia, Arlington Bank, Washington, D. C. Farmers' and M. Bank, Washington, D.C. Bank of Connersville, Indiana. Bank of Hallowell, Maine. The Shipbuilders' Bank, Maine. Lewis County Bank, New York. Akron Branch, Akron. Merchants and Traders Branch, Cin. Exchange Bank, Buffalo. Farmers' Joint Stock Bank, Buffalo. Woodbury Bank, Connecticut. Circleville Bank, Circleville. Commercial Bank, Toledo. Merchants Bank, Bridgton. Government Stock Bank, Ann Arbor, Michigan, The City Bank, Columbus, Miami Valley Bank, Dayton, and the CanalBank of Cleveland have suspended payment so far as depositors and time draft holders are concerned, but the bill holders are secured by State and United States Stocks.

16. December 13, 1854 The Weekly Portage Sentinel Ravenna, OH
Article from The Weekly Portage Sentinel, December 13, 1854

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UR P Bbl. Ex. $10,00, com. 8,00@9,50 1,85@1,90 HEAT P Bush. 80@ E P Bush. 75@ RN P Bush. 40@ TS P Bush. 1.25@ 1X SEED P Bush. 3,25@3,00 ")THY SEED if Bush. 5,00@5,50 OVER SEED P Bush. 1,00@1,25 ANS, white, P Bush. 1,00@1,25 TATOES P Bush. 50@ 75 IONS P Bush. - 18@ TTER P lb 8@ EESE P It, 10@ RD P tb 12@ GS P Doz. 2,00@ LT P Bbl. 3,00@4,00 L, stone, P Ton 1,25@1,75 OD P Cord 9,00@ 10,00 Y P Ton Broken Banks. The following is a list of Banks, that e suspended within a faw months past. the benefit of our readers, we shall P it standing, and make weekly addiis thereto, of such failures as come ithpur knowledge: Patchin Bank, Buffalo. l'armers' and Merchants' Bank, Oswego. "armers' Bank of Canadaigua. Drovers' Bank, Ogdensburg. Bank of Carthage. 'armers' and Merchants' Bank, Maryland, Massillon Bank, Ohio. 'armers' and Merchants' Bank, Memphis. Ohio Savings Institute, Tiffin Cochituate Bank, Boston. Bank of West Killingly, Connecticut. Cighth Avenue Bank, New York. Bank of Ellsworth, Maine. Clkhart County Bank Indiana. Bank of Northern Indiana. Bank of Washlenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Newport Safety Fund Bank Kentucky. Kentucky Trust Company. Bank of Kanawha, Virginia, Arlington Bank, Washington, D. C. Farmers' and M. Bank, Washington, D.C. tank of Connersville, Indiana. Bank of Hallowell, Maine. The Shipbuilders' Bank, Maine. Lewis County Bank, New York. Akron Branch, Akron. Merchants and Traders Branch, Cin. Exchange Bank, Buffalo. Farmers' Joint Stock Bank, Buffalo. Woodbury Bank, Connecticut. Circleville Bank, Circleville. Commercial Bank, Toledo. Merchants Bank, Bridgton. Government Stock Bank, Ann Arbor, ichigan, The City Bank, Columbus, Miami Valley nk, Dayton, and the CanalBank of Clevend have suspended payment so far as desitors and time draft holders are concerned, it the bill holders are secured by State and nited States Stocks.