, of London,
the present name being Lloyd, Barnett, Bosanquet, and Co. (Limited).
There are sub-offices also in Great Hampton Street, Deritend, Five Ways
and Aston. In this and adjoining counties, Lloyds' number about 40
branch establishments.
The Worcester City and County Banking Co. (Limited), drawing on Glynn
and Co., removed from Cherry Street to their newly-built edifice in
Colmore Row, June 1, 1880.
The Union Bank of Birmingham (Limited), Waterloo Street, commenced
business with a nominal capital of L1,000,000, in L20 shares, L5 paid.
London agents, the City Bank. It has since been taken over by the
Midland Bank.
~Banks.~--A popular Penny Bank was established in 1851, but came to
grief in 1865, closing March 16, with assets L1,608, to pay debts
L9,448. Another penny bank was opened in Granville Street, April 13,
1861, and is still carried on at the Immanuel Schools, Tennant Street,
with about 5,000 depositors at the present time.
A Local Savings Bank was opened in May, 1827, and legalised in the year
after, but ultimately its business was transferred to the Post Office
Savings Bank, which opened its doors in Cannon Street, Dec. 1, 1863. By
a Government return, it appeared that at the end of 1880 the total
amount to the credit of depositors in the Post Office Savings Banks of
the Kingdom stood at L30,546,306. After the Metropolitan counties of
Middlesex, Surrey, and Kent, Warwickshire comes next with a deposit of
L1,564,815, the average for the whole of the English counties being but
little over L500,000.
~Banks Defunct.~--The old-established concern known so long as Attwood
and Spooner's closed its doors March 10, 1865, with liabilities
amounting to L1,007,296. The Joint Stock Bank took the business, and
paid 11s. 3d. in the L.
Bank of Deposit stopped Oct. 26, 1861.
The Borough Bank, a branch of Northern and Central Bank of England,
stopped Feb. 24, 1840.
The Commercial (Branch) Bank, closed July 27, 1840.
Coates, Woolley and Gordon, who occupied the premises at corner of
Cherry Street and Cannon Street in 1814, was joined to Moilliet's, and
by them to Lloyds.
Freer, Rotton, Lloyds and Co., of 1814, changed to Rotton, Onions and
Co., then Rotton and Scholefield, next to Rotton and Son, and lastly
with its manager transferred to National Provincial.
Galton, Galton and James, of 1814, retired in 1830.
Gibbins, Smith, and Co. failed in 1825, paying nearly 20s. in the L.
Gibbins and Lowe
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