Insignia does not keep statistics on warehouse rents and vacancy rates, he said.

"We saw a decrease in warehouse rents in Monmouth County, which is very unusual.

Average warehouse rents in Nassau and Suffolk range from $4 to $6 a square foot, which typically includes 5 to 10 percent of office space and basic warehouse space with multiple dock-loading areas.

What is thus paid for the keeping of the deposit may be considered as a sort of warehouse rent; and why this warehouse rent should be so much dearer for gold than for silver, several different reasons have been assigned.

It granted the depositor a receipt, which allowed him to claim his deposit 6 months later, upon returning to the bank the same value of bank money for which credit was given, and payment of a fee for the keeping-a warehouse rent of sorts-worth 0.25% for silver, and 0.5% for gold.