4,450,142 48,544 553,198 50 84,734 44 21.267 35 27,024 97,140 56

No. 25.

STATEMENT of the amount of specie drawn from each of the southern and western offices, since 1819, to the Bank of the United States and to the branch at New York.

STATEMENT of all the bills of exchange on London and Paris, furnished by the Bank to go circuitously; stating the places they were conditioned by the purchasers to be sent to, and the amount to each place; the amount each year; and the amount now out unsettled for.

Statement of the amount of specie sent to the southern and western

offices since 1819.

No. 27.

FORM OF OBLIGATION GIVEN BY PURCHASERS OF BILLS TO GO CIRCUIT

OUSLY.

Memorandum of an agreement made the

day of

A. D. 18

between the Bank of the United States, and A. B. of Philadelphia, merchant.

The Bank of the United States agrees to deliver to the said A. B. its bills of exchange drawn in his favor on Baring brothers and Co., London, for one thousand pounds sterling, payable one hundred and eighty days after sight, which bills are not to be negotiated, except to the eastward of the Cape of Good Hope.

In consideration of these bills A. B. agrees to deliver to the Bank his note, dated at twelve months date, in favor of, and endorsed by, C. D. for five thousand dollars, being the par value of one thousand pounds sterling with twelve and a half per cent. premium thereon, or at the rate of five dollars per pound sterling.

On payment of this note at maturity, the Bank will adjust the account, by converting the pounds sterling on the face of the bills, plus two and a half per cent. into dollars, at whatever rate of exchange the Bank may then be drawing at sixty days' sight on London, and should this amount in dolJars exceed or fall short of the said payment, the Bank shall, in the first case, receive from the said A. B., and in the last case refund to him, the difference.

Should the bills be returned unnegotiated to the Bank before the said note be paid, the note will be surrendered on receiving from the said A. B. one per cent. of its amount, or should they be returned unnegotiated after the account shall have been adjusted as above, the sum paid will be refunded, excepting one per cent. thereof to be retained by the Bank.

Should the bills be lost, the Bank binds itself either to surrender the note or to refund the money as the case may be, reserving only the said one per cent. of the amount after it shall have received satisfactory proof. of the bills being entirely lost, accompanied by a sufficient bond of indemnity against their reappearance; but if the money be received, no interest will be allowed by the Bank, however long the same may remain in its possession before the delivery of the bills, or of the said proof of loss and the bond.

If requested, the Bank will issue new sets of exchange, of the same tenor with that which may be lost, upon receiving proof of loss and bond as above.

27