Indiana Centinel, Volume 4, Number 35, Vincennes, Knox County, 23 December 1820 — Page 5
I ndiana C en linel -- -EXTR A .
Bv N. BLACKMAN.
BANK REPORT.
Couydon, Nov. 23th, 1G20. To the Senate, ami Home of Representatives. Herewith is submitted to the General Assembly, the documents referred to in niv message of the 28 th instant. The paper marked A. is a copy of a communication to the Stute Bank, and the reply thereto ; and that marked B. is a copy of a circular addressed to the non-specie paying Banks, with their answers, Brookville excepted, as no reply has been received from the Directors of that Branch Bank.
SATURDAY, DECEMBER 23, 18:0.
Vol. IV. No. 3-5.
STATE OF THE BANK OF VINCENNES, THE STATE BANK OF INDIANA, NOVEMBER 17th, 180. Notes discounted, - - $ 199,259 91 J Capital paid in, - - $ 128,409 00 Loaned State of Indiana, 29,000 00 Balance dividends, - - 2,10521 Specie, ------ 33,168 92 Vincennesnetes in circulation, 13,102 00 Notes on Foreign Banks, - 526,108 00 Do. Branch notes issued, 167,158 00 Deposits in different Banks, 17,376 61 J Dept. Cr different Banks, 795 98
Do. Brookville Branch 15k. 'J 1,UU7 uo. ireasurer u. oiaies, io,ooi i
Do. Corydon, Do. Vevay, General expenses,
a it
u 75,774 18 $ Do. individuals, -" 71,763 11 J Discounts, 1,41 1 64 J Profit and Loss, $545,559 67 J
8,801 37
3,7. 6 34 6,034 2G
$545,559 67
STATE OF THE CORYDON BRANCH BANK, as appears by the Cashier's Return, 31st OCTOBER, 1820.
$ 42,534 16 Dept.Cr.Bk.ofVincennes ,i.nnin - 4,702 19 I State Bk. of Ia. for stock 1 $30'010 00 lotes, 30,144 00 f Do. do. Br. notes furnished, 49,500 00
In addition, it will be recollected that, in December, 1821, and the next succeeding months, by contract with the State Bank, on the part of the State, twenty thousand dollars of the state debt will become due and payable. The public faith sho I'd be secured from violation, while there remains any measures calculated to secure it, within the control of the General Assembly. JONATHAN JENNINGS.
Notes discounted, Specie,
Notes of Banks of Indiana, 2,314 2 " Do. F. and M. Bk. of Ind. Deposited in Bk. of Vinccn.&c. 3,742 64 Eo. individuals, General expenses, - - 444 10 J Discounts, -
uam,
$83,881 34 ?
o on
3,2- 9 75 1,106 7G 2 72
$83,881 34
A. Corydon, Sept. 25th, 1820.
To
the President and Directors of the
State Hank. Gentlemen, You wiil be so good as to furnish me with the information required by your charter, and afford at the same time the respective situation of each of the Branches, separate and distinct, for the use of the General Assembly. In affording the situation of the Branches, separately and distinctly, the intormation will be more readily comprehended, and for the want of which, during the last winter's session, some inconvenience was experienced. Respectfully, yours, &.c. JONATHAN JENNINGS.
Bank of Vincennes, The Stale Bank of Indiana
November 17th, 13C0. His Excellency Jonathan Jennings, Sill Enclosed you will find the return of the situation of this Bank and the different Branches. Very respectfully, Yoar obedient servant,
STATE OF THE VEVAY BRANCH BANK, as appears by the Cash icr's Return, of NOVEMBER 1st, 1820. Notes discounted, - - $ 43,295 63 Dept. Bank of Vincenncs .wv Notes payable at this Branch, 19,444 00 J for stock, - $ &u,wu w Notes receiv'ble in paint debts7,9 ;2 00 J Do Branch notes furnished, 41,900 00 Change Tickets, - - 1,435 44 ( Notes receivable in pay- ? q 861 00 Specie, - 1,387 29 ? ment of debts burnt, J ' Notes on Foreign Banks, - 3,197 00 J Change Tickets burnt, - 2,976 00 Dept. indifferent Banks, - 777 24 Do. issued by S. C. Ste- 178 "50 Deficit by S. C. Stevens, - 4,832 35 vens for his own use, $ ' General expenses, - - - 400 04 Dept. to Cr. Mi Expt. Comp. 107 00
Notes nnv 'bio ut this ofTirn. nl- ) Do. individuals. - - 734 24
' I' .' 7 V I J '
tered from 3 to 50,
Premiums,
I 5
3 00
Discounts,
$87,773 99 $
1,413 2t $87,773 93
STATE OF THE BROOKVILLE BRANCH BANK, as appears by the Cashier's Return, of the 30th SEPTEMBER, 18-0
Notes discounted, - $ 59,718 00 Specie, - - - 11,909 59 Notes on Foreign Banks, - 7,059 66 Dept. in different Banks, - 2,416 73 General Expenses, - - - 899 37 Notes payable at this Bank, 18,746 00 $101,749 25
J Dept. Cr. Bank of Vincennes, the state bank of Ind. $85,591 06 for stockSt notes furnished,
e Do. different Banks, - - Do. individuals, - - - - Tickets emitted, - - - -
icnmnitc
t
4. 9 8,137 6,049 1,511
26 07 12 90
$101,749 25
E. BOUDINOT, Cashier
r r. 1
C1RCUL.IR. Corydon, Sept. 2d, 1820. To the President and JJirectors of the Branch Bank at Gentlemen The depreciated situation of (he paper circulating medium of most of the Banks in our state, requires that the Legislature should be put in possession of all proper and necessary information to enable them to decide upon such measures as the interests of the community may demand. Fully aware that the capital employed by citizens of adjoining ttiUcs, upoa whom we chielly depend for
i our imports, enables them to regulate the $ value of bank paper, and of demanding a $ discount upon its reception, even greater than the real difference of exchange t should produce ; yet the suspension of f specie payments on the part of our banks, affords the power of compelling us to bus-. tain a commerce so disadvantageous to the community. To effect a resumption of specie payments, must be considered by you an imt portant object, and tint too, at the shurtest possible period, that the sit'iuliun of the banks wiil admit, without producing J unreasonable sacrifices of property,