Bank of Hallowell (Hallowell, ME)

Episode Information

Episode UID
9169676090684
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
916967609 hash
Start Date
December 23, 1856
Location
Hallowell, Maine (44.286, -69.791)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b595f3027448c3c4

Response Measures

None

Description

Initially placed under injunction in Dec 1856 and redeemed in early Jan 1857, later listed among suspended/broken banks during the Sept–Oct 1857 panic.

Events (4)
1. December 23, 1856 Other
Newspaper Excerpt
The Bank of Hallowell is stated to be under injunction, but we understand that the affairs of the institution are in a safe condition, and that the injunction upon hearing will be discharged.
Source
newspapers
2. January 1, 1857 Reopening
Newspaper Excerpt
The Bank of Hallowell, Me., is promptly redeemed, and from the known wealth and respectability of the parties interested in it, we have confidence in its continuing to do so.
Source
newspapers
3. September 1, 1857* Suspension
Cause
Macro News
Cause Details
Listed among many banks suspended/discredited during the general financial crisis/panic of 1857
Newspaper Excerpt
Bank of Hallowell, Hallowell, Maine. (listed among suspended and broken banks)
Source
newspapers
4. October 12, 1857 Other
Newspaper Excerpt
The following is a corrected list, to date, of recent SUSPENDED and DISCREDITED Banks: ... do Hallowell, Me.
Source
newspapers

Newspaper Articles (10)
1. December 24, 1856 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, December 24, 1856

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Article Text

SECOND BOARD 61 Erie Railroad ... Harlem RR 2d Mtge. 75 61 btwk $600 18. Cen. RR. Bonds. 94 100 100 Mich. So. Is. RR 871 Del. & Hud. Canal Co. 117 74) 120 N. Central RR 91, La Crosse Mil. RR b20 Illinois Central RR Erie Railroad. 601 40 Chic. Rock Isl. RR 1042 100 snw 601 104; 615 100 300 69, TUESDAY, Dec. 23-P. M. The transactions of the Stock Board to-day were extremely limited and the market was without any feature of interest. There was no second call, and the Board adjourned at an early hour. Prices show no very important changes, but, under the circumstances of the market, are very well sustained. Among the stocks that improved was Rock Island, which sold at 1042, closing at 104} bid. Illinois Central Bonds were also buoyant, and advanced to 941. h State Stocks the market is heavy. Virginias fell off to 94, Missouri 6g are lower. Some of the Western free banks are contracting their circulation, and sendbg their stocks here for sale, having improved to 79. Californias are better. The business in Exchange has been to fair extent for the steamer, and the bankers have been free draw. ere at 81@9 P cent for sterling. Outside bills were net over abundant. Francs were also heavy and dull. To Liverpool the engagements are 1,000 bble. of Floura 1s. 9d. 104d.;{20,000 bush. Grain at 61d.; 120 tune Logwood at 22s. 6d.; 50 tcs. Rice at 20s.; 500 Mandspikes at 21d. each; 400 Oars at 1d. each. To London: 500 bbls. Flour at 2e. 9d. @3s 200 boxes Bacon at 30s., 125 tes. at 3s.; 96 bales at 30s.; 50 tce. Lard at 30s.; 200 bbls. Pork at 4s. The business of the Sub-Treasury was: Receipts, $268,118 20; payments, $229,286 40. Balance, $11,988,104 43. The Seventh Ward Bank has declared a semi-annual dividend of 5 # cent, payable on the 2d of January. The Bank of America a semi-annual dividend of 4 * cent, payable Jan. 5. The Bank of the Commonweakh a semi annual div. idend of 5 * cent, payable Jan. 2. The Tradesmen's Bank a dividend of 5 & cent, payable Jan. 2. The Emigrant Industrial Savings Bank & dividend at the rate of 6 P cent * [annum on sums of $500 and under, and at the rate of 5 P cent * annum on larger sums. The business of the Clearing House to-day was $22,917,000. The Micbigan Central Railroad Company, by their aireular just issued, show a balance of $615,322 55 to the credit of income account, after deducting the recent dividend of 5 P cent, amounting to $302,855. The earnings for six months, ending Nov. 30, were $1,928,347 71; operating expenses, $914,170 03-net earnings, $1,014,177 68, from which was paid for inBereet $261,166 41, leaving $753,011 27, or about 12 P Cent on the capital stock. A remonstrance was in circulation at the Merchants' Exchange to-day against the passage of & bill by Con green requiring American merchantmen to use, under penalty, Regers's Marine Signals. The street was very quiet to-day. The storm shecked business. There was the usual amount of loans called in and replaced, but we think money was a trifle less difficult to find on good securities. Paper is not very plenty of strictly first-class signatures, and goes at 81@91 per cent. We hear of no further enpagements of gold for the steamer. The foreign advices by the Canada were not considered important. Considerable discussion occurred at the Second Board whether the quotation of Consuls, 94 for account, was dividend off or on. The quotation by the the City of Baltimere at Philadelphia to 3d Dr was 941 @941, both for money. If Consuls are Adend off, the the advance has been about 11 per cent. 1 year books of transfer were closed on the 6th Dec., and the Steck sold, dividend off, on the 10th or 12th. There are various rumors afloat oregard to the stability of some of the interior banks, and we shall not be surprised if some further suspensions take place. Two are named to-day as being under protest, but will possibly be financiered out of their difficulties. The Bank of Hallowell is stated to be under injunction, but we understand that the affairs of the institution are in & safe condition, and that the injuction upon hearing will be discharged. There is some difficulty among the Illinois Free Banks, growing out of a movement which the Chicago, Cincinnati and Louisville Bankers, have made to throw out most of the notes of these Banks. The law of Illinois, it appears, allows the Banks to redeem their small notes up to 5, in silver soin. This has been taken advantage of by the Banks to embarrass the exchange (forward) houses which have sent notes home for redemption. These houses have frequently been delayed several days reociving dimes and quartersi in redemption of their notes. The result has been that the brokers in Chicago and alsewhere have thrown out many banks and forced the currency home. If this is continued it will probably wind up several of these institutions. Some of them have already commenced withdrawing their securities from the Bank Department and have sent them here for sale. The annexed, in relation to suspended Banks, in from Thompson's Reporter The accounts from Lancaster all concur in saying vigorous exertions are being made to resuscitate the Lancaster Bank, with a fair prospect of success. We cannot learn of any movement on the part of the *wners of the Canton Bank, South China, Me., toward redeeming the outstanding circulation. The capital was small, and the paper mostly used in the vicinity the Bank. The Bank of the Republic, R. I., is & hopeless cassthe securities are even worse than represented at first, and we fear the holders of the circulation will realize but & small per centage of the amount. The reported suspension of the Bank of East Teanessee is contradicted by the papers of that place-by authority lay the blameto certain Banke at Lonisville, Ky. We have had confidence in the officers, and believe all will be right. The recent rumors to the discredi of the Mount Ver men Bank, R. I., were unfounded. The Bank has uniformly met all demands upon it with considerable promptness. From present as pearances, it is believed the assets of the Manufacturers and Mecnanics' Bank, of Colum bas, Ga., will not pay over 25 cents on the dollar. The amount entstanding is about $20,000. A bad failure. Of the Valley Bank, Md., no new light has broken in upon us, as to the probability of ultimate payment of the notes. The Receiver is said to be doing all he can to secure the bill-holders, and says if the Lelands are able, they will have to pay the bills in full. The circulation entstanding is about $190,000. The money is not bought by the brokers. Two Ellsworth Bank, Me., is purchased by the brokere generally at 50 cents on the dollar, in hopes of altima realizing something over that; but, from present appearances, with little prospect of success. Attemtion MB called to the advertisement in another estumn or the loss of a considerable pareel of Stocks, mostly W stern railroads. The public are cautioned against neg wtiating them. The shipn vents of specie this year and last, to this 1855. period, have been as follows: 1856. 14,971,508 $11,852,567 From Boston 27,207,015 36,811,60$ York.

2. December 27, 1856 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, December 27, 1856

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This link gives the Michigan Southern Road its fair proportion of the business between Chicago and Detroit and also of the Eastern business which takes the Canada and Suspension Bridge route, and from which it has been heretofore entirely cut off. It will also give Cleveland a railroad connection, by the Cleveland and Toledo road, with Detroit after the closing of navigation, and accomodate in Summer the passengers between Detroit and Cleveland who wish to avoid the lakes. It also gives St. Louis a short route to Detroit by the Wabash Valley road. It is a much needed link in the chain of Western roads. The loss of the ship Adriatic, belonging to Zerega & Co., falls heavily upon the underwriters, and is a discouraging commencement of the Winter. The ship is new, and this is her first return passage. The money market among the stock houses is decidedly easier on call, although the Banks generally are not free lenders. Paper goes at 8@10 cent for first class, which is scarce, but inferior grades are plenty. The demand for gold by Southern banks has decreased, and as the foreign drain is quite small there is an impression that we shall be able to hold on to most of the next California arrival. There is no foreign steamer until Wednesday from Boston, which will not probably take gold, excepting Belmont's remittances. The receipts of the Northern Illinois and Wisconsin Railroads will be comparatively light in the present month, in consequence of the heavy snows which have fallen there and blocked up the tracks, so as to render them absolutely impassable. The Chicago Press of the 22d announces the arrival of the first mail from Galena over the Galena and Chicago Road which had been received in a week. A letter from Chicago states that the Illinois Central and Rock Island Roads had been much embarrassed, and that the Fond du Lac Road had not passed a train over their line in ten days. On the Milwaukee and Mississippi Road a few passenger trains had been running slowly, but no freight trains. On the whole, it has been a very bad month for railroads in that section of the country, and this fact has, of course, had its influence upon the connecting roads this side. Thompson's Reporter of this week has the following remarks: The Exchange Bank of Bangor, Me., is thrown out by the Suffolk Bank. Whether it has failed, or whether it goes on and redeems, we are not yet able to say. The Bank of Hallowell, Me., is promptly redeemed, and from the known wealth and respectability of the parties interested in it, we have confidence in its continuing to do so. The Bank of East Tennessee is not bought in any of the Northern cities. The last accounts are indicative of a failure. The drafts of the Gramercy Bank, Ind., have gone to protest. Whether this discredit will lead to its failure, remains to be seen. The Savings Bank of Indiana, Connersville, had the folly to issue circulating notes without being registered or secured, thus violating the spirit at least of the free banking law of that State. This has caused the discredit of all the issues of that Bank. There are evident signs of trouble with some of the Illinois banks. The difficulty appears to arise from the fact that small change is doled out when redemption is demanded. Holders of their notes are required to present each bill separately, and as all demands not exceeding $5 can be met with silver coin, the banks legally discharge their obligations in this way. The more independent banks denounce this practice, and must, in self-defense, denounce and refuse all currency not promptly and cheerfully redeemed in gold. When a bank treats its creditors liberally or annoyingly, it is safe to refuse its "promises to pay." The new year (1857) bids fair to commence with plenty of trouble in the bank note or paper money markets, all over the country. We hope our friends will excuse us in not enlarging on this subject, for fear we shall be charged, as formerly, with "panic-making." The foreign letters received by the banking-houses, per the Canada, express great confidence in a return to an easy Money market, and that all danger of a financial crisis on the continent has passed away. The advices in regard to Breadstuffs have had an unfavorable influence on the market here. Flour is lower and dull. Wheat is held firmly, but the transactions are limited. Holders of Cotton are asking higher prices, which checks business. Pork and Beef are firm and in fair demand. Groceries are dull and rather heavy, with the exception of Coffee, which is held more firmly. In relation to American stocks, the circular of Mr. Satterthwaite, received by the Canada, says: Since our advices of the 28th ult., we have had a continuation of the steady feeling in monetary circles, with a disposition to operate, in view of a lower rate of interest. During the week we have to note a gradual rise in French rentes and railroad securities, and an increased confidence in the future on the Paris Bourse, a lower rate of interest in the various Continental markets than our own rate, and a reduction of 1d. per rupee in the East India Company's rate of Exchange. The Bank of England has, under these circumstances, reduced the rate of discount to 64 per cent on bills having 95 days to run, and on stocks till the payment of the dividende. Consols have been firm during the week, and reached 941 for money, closing at 944@95 for money, and 954@95% for account; Consols will be quoted ex-dividend to-morrow, the 6th inst. The market for English railroad securities has been buoyant, in anticipation of favorable results for the half year about ending, and of an easier Money market. There has been a quick demand for American railroad bonds at a slight advance, and we note considerable transactions in Illinois Construction Bonds, Erie 1883, 1862 and 1871 bonds, and in Michigan Central and New-York Central Bonds; a few lots of Illinois shares have changed hands at 134@14, closing free sellers at the latter figure. GOVERNMENT SECURITIES. U. S. 6s, 1868..105 @106 U. S. 6s, Coup. 1868..105 @106 Canadas 6s, sterling..1134@114 STATE SECURITIES. Pennsylvania 5s 74 @ 76 Penna. 5s, Coup., '77. 79 @ 81 Virginia 6s, 1886 83 @ 85 Virginia 5s, '88, sterl. 84 @ 86 CITY SECURITIES. N. Orleans 6s, '92-93. @ 75 RAILROAD BONDS. Belvidere, Del., 1877 88 & int. C., Ham.& Dayt. '30 - @ 80 Erie, 1883... 84 @ 86 Erie, 1871. 80 @ 82 Erie, 1862. 82 @ 84 Erie 1875 83 @ 85 RAILROAD BONDS. G'd Trunk, Can...78@80 & int. G't West'n, Can., '76 117@122 G't West'n, Can., '73 109@111 Illinois Central, 1875. 84 @ 85 Illinois Central, 1875. 80 @ 82 Illinois Central, 1860. 95 @ 96 Illinois Cent., sh's. 13@14 prm. Jol'et and N. Ind. 74 86@88 Mich. Central, 1860.. 90 @ 92 Mich. Central, 1869.. 93@ 94 Michigan Southern.. 75 @ 77 Mich. South., shares. 80 @ 82 N. Y. Central, 180.. 80 @ 82 N. Y. Cen., Conv., '64 90 @ 92x Ohio & Penna., 1872. 69 @ 71 Pennsylvania, 1389. 90@ 92 Penna, sterl's, 1874. 92 @ 94

3. January 1, 1857 Bradford Reporter Towanda, PA
Article from Bradford Reporter, January 1, 1857

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Thompson's Reporter of this week has the following remarks : The Exchange Bank of Bangor, Me., is thrown out by the Suffolk Bank. Whether it has failed, or whether it goes on and redeems, we are not yet able to say. The Bank of Hallowell, Me., is promptly redeemed, and from the known wealth and respectability of the parties interested in it, we have confidence in its continuing to do so. The Bank of East Tennessee is not bought in any of the Northern cities. The last accounts are indicative of a failure. The drafts of the Gramercy Bank, Ind, have gone to protest. Whether this discredit will lead to its failure, remains to be seen. The Savings Bank of Indiana, Connersville, had the folly to issue circulating notes without being registered or secured, thus violating the spirit at least of the free banking law of that State. This has caused the discredit of all the issues of that Bank. There are evident signs of trouble with some of the Illinois banks. The difficulty appears to arrise from the fact that small change is doled out when redemption is demanded.Holders of their notes are required to present each bill separately, and as all demands not exceeding $5 can be met with silver coin, the banks legally discharge their obligations in this way. The more independent banks denounce this practice, and must, in self-defense, denounce and refuse all currency not promptly and cheerfully redeemed in gold. When a bank treats its creditors illiberally or annoyingly, it is safe to refuse its "promises to pay." The new year (1857) bids fair to commence with plenty of trouble in the bank note or paper money markets, all over the country. We hope our friends will excuse us for not enlarging on this subject, for fear we shall be charged, as formerly, with "panic-making."

4. January 3, 1857 Nashville Daily Patriot Nashville, TN
Article from Nashville Daily Patriot, January 3, 1857

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Thompson's (N. Y.) Reporter of last week has the following remarks: The Exchange Bank of Bangor, Me., is thrown out by the Suffolk Bank. Whether it has failed, or whether it goes on and redeems, we are not yet able to say. The Bank of Hallowell, Me., is promptly redeemed, and from the known wealth and respectability of the parties interested in it, we have confidence in its still continuing to do so. The drafts of tha Gramercy Bank, Ind., have gone to protest. Whether this discredit will lead to its failure, will remain to be seen. There are evident signs of trouble with some of the Illinois banks. The difficulty appears to arise from the fact that small change is doled out when redemption is demanded. Holders of their notes are required to present each bill separately, and as all demands not exceeding $5 can be met with silver coin, the banks legally discharge their obligations in this way. The incre independent banks denounce this practice, and must, in self-defense, denounce and refuse all currency not promptly and cheerfully redeemed in gold. When a bank treats its creditors illiberally or annoyingly, it is fair to refuse its "promises to pay." The new year (1857) bids fair to commence with plenty of trouble in the bank note or paper money markets, all over the country. We hope our friends will excuse us in not enlarging on this subject, for fear we shall be charged, as formerly, with "panio-making." The foreign letters received by the banking houses, per Canada, express confidence in 8 return to an easy money market, and that all danger of a financial crisis on the continent, has passed away.

5. September 10, 1857 Holmes County Republican Millersburg, OH
Article from Holmes County Republican, September 10, 1857

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Banks in bad Repute. The paper of the following Banks has been thrown out of the Eastern Banks, and they are reported "broke." It is altogether probable, though, that as soon as the present panic has subsided a little, that most or all of them will resume business again: Bank of Hallowell, Hallowell, Maine. Exter Bank, Exter, N. H. South Royalton Bank, South Royalton, Vt. Rhode Island Central Bank, E. Greenwich, R. I. Farmers' Bank, Wickford, R.I. Mount Vernon Bank, Providence, R. I. Tiverton Bank, Tiverton, R.I. Wooster Bank, Danbury, Ct. Commercial Bank, Perth Amboy, N.J. Bergen, County, N.J. Sacketts Harbor (or Reciprocity.) Buffalo Hollister Bank, Buffalo. Chemung County Bank, Horseheads.

6. September 26, 1857 Columbia Democrat and Bloomsburg General Advertiser Bloomsburg, PA
Article from Columbia Democrat and Bloomsburg General Advertiser, September 26, 1857

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W. A. J. BRITTAIN, Sec'y. Suspended and Broken Banks. For the information of our readers, and in order to guard them against receiving worthless money, we publish the following list of recently suspended and broken Banks, which has been carefully compiled and compared with the list of the brokers in the city. It is gratifying to note that thus far in the present financial crisis, not a single Pennsylvania Bank is included in the list It is to be hoped they will be able to ride out the storm. Mechanics' Banking Association, N. Y. Farmers' Bank of Saratoga county, N. Y. Sacketts Harbor Baok, Buffalo, Reciprocity Bank, Buffalo. Chemung County Bank, Horseheads, N. Y. Ontario Bank, Vica, N. Y. Ontario County Bank, Phelps, N. Y. Oliver Lee & Co.'s Bank, Buffalo, N. V. Hollister Bank, Buffalo. Niagara River Bank, Towanda, N. Y. Bank of Orleans, Albion, N. Y. Huguenot Bank, New Paltz, N. Y. New-York County Bank, N. Y. Farmers' Bank, Wickford, B. I. Mount Vernon Bank, Providence, R. I. Rhode Island Central Bank, East Greenwich, R. I. Bank of South County, Wakefield, R. I. Warwick Bank, Warwick, R. I. Tiverton Bank, Tiverton, R. I. Bank of Hallowell, Maine. Hancock Bank, Ellsworth, Maine. Danby Bank, Danby, Vt. Bergen County Bank, Hackensack, N. J. Bank of New Jersey, New Brunswick, N. J. Merchants Exchange Bank, Bridgeton, Ct. Wooster Bank, Wooster, Ct. Sanford Bank, Sanford, Maine. Monson River Bank, Monson, Mass. Kanawha Bank, Virginia. Miama Valley Bank, Dayton, Ohio. S Bank of West Tennessee, Memphis, Tenn. a Agricultural Bank, Brownsville, Tenn, d Bank of Commerce, Georgetown, D.C. Colchester Bank, Connecticut.

7. September 28, 1857 The Davenport Daily Gazette Davenport, IA
Article from The Davenport Daily Gazette, September 28, 1857

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Diecred Manko. The following is a corrected list to date, of recent euepended and discredited banks Nebracks money has been thrown out by our bro here. except the Bank of Florence Bank of the Capitol, Indianapolis, Indiana, e. . do Central Hank, do do Bank of Elgin. III as, email circulation Mechanics Banking Association N IY .. Ohio Life and Truel company, don't leetle notes. Bank of Kanewha, Va Reciprocity Bank Buffalo, N.Y now bank . . Hollister Bank, Buffalo N Y. . . Warren County Bank Pa. Bank of Middletown, Pa. Honeedale Bank. Pa Bank of North America, Conn. Ontario Bank. Utica, N.Y. Fort Plain Bank . . Farmers' Bank of Saratoga N Yee Farmers' and Manufacturere Bank Poughteepsie N Y Farmers' Bank Wickford R I M Vernon Bank, Providence R I Tiverton Bank, Fall River R I Wooster Bank, Dembury Conn. Borgen County Bank, N. Ellaworth Bank, Maine. Bank of the South County. R I Sackett's Harbor Bank N Y. This Bank which was an oid liner. was lately merged into the Recipro city Bank at Buffalo: but few of the notes of either were in circulation in the west. Exeter Bank N H South Royalton Bank, Vt. Chemung County Bank, Horseheads N Y .. Geneca County Bank, Ohio Oliver Lee & Co.'s Bank, Buffalo, N Y reported failed, e.e. Ningara River Bank Tonawanda N Y reported failed, Hancock Bank, Maine Maratime Bank, Maine America Bank, Trenton N J. Bank of New Jersey, New Brunewick; N J Huguenot Bank New Platz N Y . . Bank of South County, Wakefield R I Rock River Bank, Reloit, Wisconein . . Farmers Bank Hudeon. Wis . e. Bank of Colehester, Conn Western Bank Lockport N. Y Niagara Cocunty Bank, Lockport N Y Note means secured by Statestocks Our eubecribere ought to lose nothing by the euepension of these banks The others have but little circule tidn in the west Our readers are cautioned against exercificing notes of occured banks, as some of them will probably be reinstated, while those finally compelled to close up, in the ordinery couree of things, will pay a large proportion of their debt. -- Chicago Tribune 24th To these we may add the following Medius Hank, Medina. N Y Hank of Hallowell, Maine Girard Bank Philadelphia. Bank of Philadelphia Bank of Commerce, Philadelphia

8. October 1, 1857 Quasqueton Guardian Quasqueton, IA
Article from Quasqueton Guardian, October 1, 1857

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Broken and Suspended Banks. A friend sends us the following complete and reliable list of Bank suspensions and failures of recent date, which will undoubtedly be of service to many of our readers: Hancock Bank, Maine. Bank of Hallowell, Maine. Exchange Bank, Maine. Exeter Bank, N. H. South Royalton Bank, Vermont. Danby Bank, Vermont. Wooster Bank, Connecticut. Merchants Exchange Bank, Bridgeport, Ct. Mercantile Bank, Hartford, Conn. Bank of North America, Seymour, Ct. Colchester Bank, Conn. Farmers' Bank, Wickford, R. I. Tiverton Bank, R. I. Arcade Bank, Providence, R. I. Warwick Bank, Warwick, R. I. Mt. Vernon Bank, Providence, R. I. Rhode Island Central Bank, R. I. " Bank of the South County, " Bank of Kent, Farmers' Bank of Saratoga, N. Y. " Ontario Bank, Utiea, " Fort Plain Bank, Ft. Plain, " Hollister Bank, Buffalo, " Reciprocity Bank, Buffalo, " Sacketts Harbor Bank, " Oliver Lee & Co's Bank, " Chemung County Bank, " Niagara River Bank, " Ontario County Bank, " Chemung Canal Bank, " Buffalo Bank, " Tonawanda Bank, " Phelps' Bank, " New Palt Bank, " Western Bank, Lockport, " Yates County Bank, .. Niagara County Bank, " International Bank, Buffalo, " New York Security Bank, " Unadilla Bank, " State Bank, Sacketts Harbor, " Huguenot Bank, " Bank of Albion, " " Corning, " " Lima, " " Orleans, Albion, Island City Bank, New York city. Mechanics' Banking Association, New York city. American Bank, Trenton, New Jersey. " Bergen County Bank, " Cataract City Bank, Paterson, " Iron Bank, Rockaway, " Haversack Bank, " Commercial Bank, " Bank of New Jersey, Trenton, " " " New Brunswick, Warren County Bank, Pennsylvania. " Farmers' and Drovers' Bank " Honesdale Bank, " Erie City Bank, Erie, " Bank of Middletown, Seneca County Bank, Tiffin, Ohio. " Sandusky City Bank, " Miami Valley Bank, " City Bank of Cincinnati, Bank of Kanawha, Virginia. Trans-Alleghany Bank, " Zimmerman Bank, Canada. Agricultural Bank, Tennessee. " Ocoe Bank, " Shelbyville Bank, Bank of West Tennessee, " " Bank of America, " Bank of East Tennessee, Peninsular Bank, Detroit, Mich. " Bank of Tecumseh, Rock River Bank, Wis. Farmers' Bank of Hudson, Wis. Bank of Elgin, Illinois. Bank of Naperville, Ill. Cumberland Savings Bank, Maryland. " Cecil Bank, " Hagerstown Bank, Farmers and Mechanics, Kent co, Md. Farmers and Marchants Greenshe

9. October 12, 1857 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, October 12, 1857

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DISCREDITED BANKS. The following is a corrected list, to date, of recent SUSPENDED and DISCREDITED Banks: Arcade Bank, Providence, R. I. America Bank, Trenton, N. J., Agricultural Bank, Tenn. Agricultural bank, Herkimer, N. Y. Bergen County Bank N. J. Bank of Canandaigua, N. Y. do Naperville, Ill. do Belleville, do do Nashville, Tennessee. do Springfield, Ohio. do Tecumseh, Michigan. do Orleans, N. Y. do New Jersey, New Brunswick, N. J. do Kent, R. I. do Hallowell, Me. do America, Tenn. do West Tennessee, Tenn. do Paris, Tenn. do Corning, N. Y. do the South County, R. I. do North America, Connecticut. do Kanawha, Virginia. do Elgin, Ill., s. s., small circulation. do the Capitol, Indianapolis, Ind.; s. s. do Middleton, Penn. do Watertown, N. Y. do Chester, Ill. do Elgin, do do Pike County, Ill. Central Bank, Indianapolis, Ind., s. s. Chemung County Bank, Horse Heads, N. Y., s. s. Clinton Bank, Columbus, Ohio. City Bank, N. J. Cumberland Savings Institute, Md. Commercial Bank, Columbia, S. C. Citizens' Bank, Tenn. Corn Exchange Bank, Ill. Charter Oak Bank, Hartford, Conn. Colchester Bank, Conn. Danby Bank, Vt. Dayton Bank, Ohio. Dairyman's Bank, Newport, N. Y. Ellsworth Bank, Maine. Exeter Bank, N. H. Exchange Bank, Pittsburgh, Pa. Exchange Bank, Hartford, Conn. Farmers' Bank of Saratoga Co., N. Y., s. s. Farmers' and Manufacturer's Bank, Poughkeepsie. Farmers' Bank, Wickford, R. I. Farmers & Mechanics' Bank, Kent County, Md. Farmers and Merchants' Bank, Md. Fairfield County Bank, Norwalk, Ct. Farmers & Mechanics' Bank, Detroit, Mich. Honesdale Bank, Pennsylvania. Hollister Bank, Buffalo, N. Y., s. s. Hancock Bank, Maine. Huguenot Bank, N. Y. Hopkinton Bank, Westerly, R. I. Hamilton Exchange Bank, Hamilton, N. Y. Island City Bank, N. Y. city. Jefferson County Bank, N. Y. Lee Bank, Massachusetts. Mechanics' Banking Association, N. Y., s. s. Mount Vernon Bank, Providence, R. I. Maritime Bank, Maine. Monson River Bank, Me. Macomb County Bank, Michigan. Mechanics' Banking Association, N. Y. city. Morgan Bank, Ga. Miami Valley Bank, Ohio. Medina Bank, Medina, N. Y. Munson Bank, Mass. Merchants & Manufacturers' Bank, Pittsburgh, Pa. Mercantile Bank, Hartford, Conn. N. Y. Security Bank, N. Y. Nebraska money has been thrown out by St. Louis brokers, excepting the Bank of Florence. Niagara River Bank, Tonawanda, N. Y., reported failed, s. s. Ontario Bank, Utica, N. Y. Ohio Life Trust Company, don't issue notes. Oliver Lee & co. Bank, N. Y. - reported failed, s. s. Ocoee Bank, Tenn. Ontario County Bank, Phelps, N. Y. People's Bank, N. Y. city, reported failed, s. s. Pawcatuck Bank, Pawcatuck, Ct. Port Plain Bank, N. Y., s. s. Reciprocity Bank, Buffalo, N. Y., new bank, s. s. Rhode Island Central Bank, R. I. Sanford Bank, Me. Sackett's Harbor Bank, N. Y. South Royalton Bank, Vt. Seneca County Bank, Ohio. Southern Bank, Georgia. Stock Security Bank, Illinois. Tippecanoe Bank, Logansport, Ind. Tiverton Bank, Fall River, R. I. Union Bank, Frenchtown, N. J. Unadilla Bank, N. Y. Warwick Bank, R. I. Wooster Bank, Danbury, Conn. Warren County Bank, Penn. Yates County Bank, Penn Yan, N. Y. NOTE. - "S. S." means secured by state stock. Most of these Banks will pay their circulation in full, and holders of their bills should not submit to a large discount on them.

10. October 16, 1857 American Union Morgantown, WV
Article from American Union, October 16, 1857

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From Dye's Wall Street Broker. Broken Suspended and Doubtful Banks. MAINE. Exchange Bank, Bangor. Hancock Bank. Bank of Hallowell. Mousum River Bank. Sanford Bank. NEW HAMPSHIRE. Exeter Bank, Exeter. Ware Bank. VERMONT. South Royalton Bank. Mount Vernon. Danby Bank. Stark Bank. MASSACHUSETTS. Monsum Bank, Monson. Bass River. Western Bank. Lee Bank. RHODE ISLAND. Farmers Bank of Wickford. Tiverton Bank. Rhode Island Central Bank. South County Bank. Hopkinton Bank. All Rhode Island Banks. CONNECTICUT. Merchants Exchange, Bridgeport. Fairfield county. Pawcatuck. Colchester Bank. Bank of Hartford County. Farmers Bank of Bridgeport. Bridgeport City. Thompson. Danbury. Windham County. Bank of North America, Seymour. Exchange Bank of Hartford. Mercantile " Charter Oak " PENNSYLVANIA. All the Banks Suspended, except, Warren Co. Bank, Warren. Honesdale Bank. Wyoming Bank, Wilksbarre. VIRGINIA. Bank of Kanawha. OHIO. Dayton Bank. Miam Valley Bank. NEW YORK. Addison Bank. Sacketts Harbor Bank. Reciprocity Bank. Hollister " Niagara River " Ontario County " Bank of Orleans. Oliver Lee Bank. Huguenot " Ontario " Yates Co. " Medina " Dairymen's " Chemung County " Agricultural Bank. Union " Monroe " Western " Bank of Canandaigua. " Kinderhook. " Lima. Farmers' & Citizens,' W'msburg. Island City. Mechanics' Banking Ass'n. Hamilton Exchange Bank. Leonardsville " Bank of Old Saratoga. Farmers' Bank, Hudson. Hudson River Bank. Powell " Worthington " Oneida Central " Bank of Central New York. Bank of Watertown. NEW JERSEY. Bank of New Jersey. Bank of America, Trenton. Bergen County Bank. Union, Frenchtown. Morris County. Trenton Banking Co. Mechanics Bank, Burlington. Burlington County. Burlington Bank. Bordentown Banking Co. Salem " Cumberland Bank. Princeton " Farm. & Mech. " Camden. Camden " " Gloucester Co. " Mount Holly " Lambertville " Phillipsburgh " Mechanics' " Trenton. Farmers' " All Baltimore Banks. All Maryland Banks. Contracts for Pork.—In Montgomery county, Va., engagements have been made for at $6,50, and in some of the counties West of there at $6. In Roanoke county, holders are offering to engage at $8 for the future delivery.