The City of Glasgow Bank commenced business as a banking company in the year 1839, having its head ofi'ice in Glasgow and numerous branches throughout Scotland. It continued to carry on business until the end of the year 1857, about the time at which the Western Bank of Scotland closed its doors, when it also suspended payment. But at the instance of a number of influential men in the West it was resuscitated, and again rammed business in the beginning of the year 1868. It was registered under the Joint Stock Companies Act of 1862 in November of that year, and continued its operations until it finally ceased to do business and closed its doors on 2nd October, 1878. There were in all 1249 partners connected with it, and the paid-up capital amounted to At the beginning of 1878 the reserve fund was stated at the dividends and surplus profits in hand at the deposits at and the circulation, acceptances, etc, at A noteworthy fact in connection with the bank was that it had more branches than any other Scottish establish ment, the total number of these being 133. Taken at the quotations made in the course of Dwember, the price per £100 of stock f the last three years was - 1875, £228 1876, £228; and 18. 43.

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