Rensselaer Union, Volume 9, Number 9, Rensselaer, Jasper County, 16 November 1876 — The Greatest Banks. [ARTICLE]
The Greatest Banks.
The paid-up capital of the Nevada Bank, $10,000,000 in gold coin, stands, with the exception of the Bank of Commerce of New York, unequaled by that cf any bank in the United States. The Bank of Commerce has also a capital of $10,000,000, but it is in currency. The largest bank in Canada is the Bank of Montreal, with a capital of $12,000,000, The Merchants’ Bank, in the same city, has a capital of $9,000 000. The following is a list of the only banks in the United States with a capital of $5,000,000 and upward: Bank of Commerce, New York, $10,000,000; Nevada Bank, San Francisco, $lO,000,000; «. R. R. and Banking Company, Savannah, $7,500,000; Bank of California, San Francisco,- $5,000,000; Merchants’ Exchange Bank, San Francisco, $5,000,000; American Exchange, New York, $5,000,009; Fourth National, New York, $5,000,000. It will be seen that San Francisco now stands on a par with New York as a great banking center, and the indications are that in time the bullion trade of the world will be controled by our city instead of London, as heretofore. The Nevada Bank, only a year in existence, has been such a success that it enters on its second year with doubled capital and the best wishes of the mercantile community.— San Francisco Post. _
—John D. Lee. the convicted Mountain Meadow fiend, sobs and threatens by turns, and it is thought probable will yet make a confesbion. .. » The courts in Boston have naturalized 1,500 persons this fail with a prospect of a far greater business in the future.
