Monday, October 11, 2010

The dividends of nearly all the banks of Philadelphia . . .

. . . whose capitals amount to an aggregate of nine millions seven hundred and fourteen thousand one hundred and ninety five dollars, have just been declared for the last six months.  The largest has been that of the Farmers’ and Mechanics’ Bank, which divided sixty thousand dollars, and the smallest has been that of the Tradesman’s Bank, six thousand dollars.  The total amount of dividends is over six hundred and twenty seven thousand dollars, which sum will thus be put in circulation.

– Published in The Burlington Weekly Hawk-Eye, Burlington, Iowa, Saturday, May 17, 1862, p. 1

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