The Daily Dispatch: March 13, 1861., [Electronic resource]

Condition of the Virginia Banks.
Merchants' and Mechanics' Bank,

Wheeling, Va., Feb. 26th, 1861.
His Excellency John Letcher, Governor of Va.:
Sir:

--I transmit herewith statement of the affairs of this Bank for the quarter ending 1st January, 1861.

I have the honor to be, very respectfully.
Your obedient servant,

S. Brady, Cashier.

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Quarterly statement of the Merchants' and Mechanics' Bank of Wheeling and Branches, ending 1st January, 1861. with a Comparative statement for the Corresponding quarter of the preceding year, 1860,

	Jan. 1, 1861.	Jan. 1, 1860
Domestic bills	$763,128 47	$586,910 91
foreign bills	812,128 67	912,875 98
Loans to Directors	21,078 00	20,596 00
Stocks owned by the Bank	141,674 25	141,628 26
Real Estate	130,830 57	161,830 57
Banking Houses	42,965 46	41,545 40
bonds and Mortgages	40,176 27	50,625 92
Protest account	710 49	674 18
expenses and Salaries	14,583 54	9,602 9
Rents	623 32	00
due by Banks	332,811 68	312,987 15
Notes of other Banks and Checks	81,531 54	86,773 65
Notes of Virginia Banks	8,408 00	00
Coin	282,390 54	325,197 4
	$1,699,003 80	$1,651,714 36
Capital Stock	861,400 30	786,200 00
Circulation	1,161,277 00	1,384,265 00
Dividends	2,124 00	924 00
Discounts and Exchange	65,641 92	51,958 38
Contingent Fund	46,345 92	36,978 31
deposits	417,331 96	368,689 40
due to Banks, including the Branches	142,084 80	58,804 70
	$	$

Tabular statement for the quarter ending 1st January, 1860:

Capital Stock	$834,000 00
Stocks used as Capital	000 00
Nov. 1, Bills Discounted, payable at Bank and Branches	778,142 93
Dec. 1, Bills Discounted, payable at Bank and Branches	778,000 92
Jan. 1, Bills Discounted, payable at Bank and Branches	763,123 47
Nov. 1, Bills Discounted, payable out of State	928,153 01
Dec. 1, Bills Discounted, payable out of State	937,818 59
Jan. 1, Bills Discounted, payable out of State	812,128 67
Bad Debts	000 00
Doubtful Debts	47,401 25
Nov. 1, Specie	329,097 41
Dec. 1, Specie	244,573 23
Jan. 1, Specie	282,390 54
Nov. 1, Circulation	1,424,862 00
Dec. 1, Circulation	1,367,962 00
Jan. 1, Circulation	1,834,253 00
Nov. 1, Notes of Virginia Banks	12,890 00
Dec. 1, Notes of Virginia Banks	14,133 00
Jan. 1, Notes of Virginia Banks	8,408 00
Nov. 1, Notes of other Banks and Checks	96,086 23
Dec. 1, Notes of other Banks and Checks	101,985 25
Jan. 1, Notes of other Banks and Checks	81,531 54
Exchange bought and sold from par to 1 per cent gain	2,938 66
Contingent Fund	46,545 92
Deposits	417,381 06
Nov. 1, Loan to Directors	17,525 00
Dec. 1, Loan to Directors	19,000 00
Jan. 1, Loan to Directors	21,075 00
Aggregate debt due by the Bank	1,720,692 86
Aggregate debt due to the Bank	2,685,080 45

We, Directors of the said Bank, do certify the foregoing statement to be correct, to the best of our knowledge and belief.

A. P. Woods,

James R. Baker,

R. Crangle,

J. Gooding,

J. C. Acheson,

Samuel Mason,

Geo. T. Tingle,

John Reid.

Wheeling,Feb. 19th, 1861.

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Merchants' and Mechanics' Bank,

Ohio County, as:

Affirmed to before me, this 28th Feb., 1861.

Wm. D. Quarrier. Notary Public.