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~ By the official Statement OF the Comptroller
in another column, it will be that aside from
those of Bafalo, only seven of our Banks under ths
General Banking Law have failed this season, viz
the Staten Island, James, Olcen, Washington ln
this city,, Aegany Co. ST. Lawrence and Water
town. The first two had failed before, and have
not been in good credit this year or The total
Circulation of the whole seven is but 1892, ,922,
(incIuding whatever bills they may have on hand >
while their assets in the hands Of the Comptroller
amount TO s42l O33. These, if sold now, would
no, produce more than 100000; so that, allow
ing the Banks to have no other assets, they would
not pay over IS cents on the dollar. The deil-
cheney is caused by the sudden and extraordinary
depreciation of State Stocks well as Real Estate
1t is presumable, however, that they have other
assets beside those pledged for the redemption f
their notes, and that the loss of tho holders will
consequently be lighter.