THE BANKS.
There are two Banks in the town. The Old Bank, under the firm of “Croxon, Jones, Longueville, and Co.,” is situated in Willow-Street, and has been established for upwards of seventy years. The original co-partners were Messrs. Gibbons, Croxon, and Sheppard. The present co-partners are Thomas Longueville Longueville, Esq., John Croxon, Esq., Richard Jones Croxon, Esq., and James Thomas Jones, Esq., who is also Acting Manager. Mr. Jones’s father (Mr. Charles Thomas Jones) likewise discharged the duties of Manager of this Bank for the long period of thirty-five years. In such capacity, also in that of Chief Magistrate, and as a warm friend to every useful institution in the borough, he earned the grateful esteem of his fellow-townsmen. This Bank issues £5 notes, payable here or in London: issue limited by law to £18,470. Circulation, on an average of the last five years, £10,180.—Draw on Masterman and Co., Nicholas Lane, London.
The North and South Wales Bank, also situated in Willow-Street, is a Branch to the Bank bearing that title, established April, 1836, in Liverpool. The Oswestry Branch was opened June, 1836. There are fifteen Branches of the North and South Wales Bank established in the Principality and the Borders. Manager:—Mr. F. Roberts, appointed September, 1845.—Draw on the London and Westminster Bank.
THE SAVINGS’ BANK,
On the Bailey Head, was established in 1818; and at the present time it is in a state of great prosperity, showing the careful and economic habits of a large portion of the labouring classes in this thriving district. From the annual account of the Trustees of the Bank, ending 20th November, 1854, it appears, that the balance in favour of the Depositors amounted to £69,975 18s. 11d. The number of Depositors whose respective balances, including interest, did not exceed £1 each, was 77; of those £1, and not exceeding £5, 303; ditto above £5, and not exceeding £10, 270; ditto above £10, and not exceeding £15, 217; ditto above £15, and not exceeding £20, 146; ditto above £20, and not exceeding £30, 253; ditto above £30, and not exceeding £40, 194; ditto above £40, and not exceeding £50, 113; ditto above £50, and not exceeding £75, 188; ditto above £75, and not exceeding £100, 89; ditto above £100, and not exceeding £125, 49; ditto above £125, and not exceeding £150, 23; ditto above £150, and not exceeding £200, 41; ditto exceeding £200, 2. The total number of Depositors was 1965; Charitable Societies, 30; and Friendly Societies, 31. The total number of accounts was 2026. The affairs of the Bank are conducted by ten Trustees and fourteen Managers.
Treasurer:—Thomas Longueville Longueville, Esq.
Secretary:—Mr. John Hughes.
The Bank is open for business every Wednesday, from twelve till two o’clock.