Article Text
s10d 25 2,000 do As was expected a receiver has been named for the Commercial Bank of Buffalo. Mr. Stephen G. Aution of that city, has received the appointment. The Farmers and Mechanics' Bank of Rochester has had its notes protested for non-payment at its agency. It is one of the Free Banks. and had OH like 1st December last a circulation of $38,900. Its securities with the Comptroller are$20,000 Bouds and Mortgages 5,000 Illinois Improvement Souds 11.000 Illinois and Michigan Canal do 10,000 Michigan University do Total $45,000 Those Banks marked thus pay specie. The average circulation of the specie-paying Banks compared with the coin on band. is 4 1-5 dollars for one. O: the non-speciepaying Banks the average is 71-10 for one. So that the latter class of Banks keep out a circulation nearly twice as great as the former-this being in fact a premium on suspension. The greatest comparative circulation of the paying Banks is that of the State Bank at Merris, which is 12 for 1. Of the suspended Banks the New Hope and Delaware Bridge Company has the greatest circulation. being 36 for 1. The question of resumption was made the special order of the day in the Legislature for to-day.The West Jersey people seem to be strougly opposed to an immediate resumption. but they do not wish it delayed a moment beyond the time fixed by Pennsylvmmia and Maryland. The quotation in London for United States Bank Stock was £1. REAL ESTATE-By Wilkins & Rollins-The farm and plantation with the building. thereou, on Staten Island, IN Southfield, Richmond county, containing 147 acres, $8,755.
