10169. Bank of Denver (Denver, MO)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 7, 1930
Location
Denver, Missouri (40.397, -94.323)

Metadata

Model
gpt-5-mini
Short Digest
d3a685d1

Response Measures

None

Description

Newspapers report a 'slow run' started by a false rumor and state the Bank of Denver 'closed its doors yesterday morning.' No articles mention reopening or receivership; therefore classified as a suspension that resulted in closure (no evidence of reopening). Date taken from May 8 article saying 'closed its doors yesterday' => 1930-05-07.

Events (1)
1. May 7, 1930 Suspension
Cause
Rumor Or Misinformation
Cause Details
A false rumor started about two weeks earlier that the bank had closed; although untrue it caused steady withdrawals culminating in the bank closing its doors.
Newspaper Excerpt
Following what was termed as a slow run on the Bank of Denver, at Denver, Missouri, that institution closed its doors yesterday morning.
Source
newspapers

Newspaper Articles (2)
1. May 8, 1930 Stanberry Herald - Headlight Stanberry, MO
Article from Stanberry Herald - Headlight, May 8, 1930

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Article Text

RUN" GIVEN AS CAUSE OF BANK OF DENVER CLOSING Banking Institution in Worth County Failed Open Its Doors Yesterday Morning. Following what was termed as on the Bank of Denver, Denver, that institution closits doors yesterday morning. Information gathered at this office was to the effect that rumor was started two weeks ago in which the bank said to have closed its doors. While that statement nevertheless had telling effect and withdrawals are said to have been but steady since that time Henton was cashier of the stitution and Kemper dent. was the only bank the town of Denver, which about 10 miles north of the last financial stateAccording of the bank. which was made ment close of business on April the bank had total resources $109,Loans and discounts totalled and cash on hand and due from banks and bankers totalled capital stock of the institution The with surplus of was totalled and Deposits totalled $36,215.70. Bills deposits able were the officials of the bank None could be reached yesterday for statement concerning the ing bank. SISTER Mrs. Mary Mastin and two Grace Ross and Miss MasMrs. Darlington Friday and the funeral of Mrs. Mastin's attended Asceneth Mastin, who died sister. home there last Wednesday at her Mastin had been for Mrs. about months. occurred ta o'clock last Her death morning. Members of her that death was apfamily Mrs. Mastin 79 years the following childher are Mrs. Leith King City: ren: Westover of Lakeside, NeMrs. Frank Mrs. Frank of St. braska: Thos. Alex Mrs. Dennis Mastin. all of Darlington and services held Short afternoon at the o'clock last Friday remains were then taken home and the Branch where the to the Long held. Interment regular adjoining this was the cemetery church. OPERATION Lena Hughes became seriously Miss night and upon the last Wednesday Simpson and taken to the MisCrockett Hospital in St. Joseph souri Methodist for Miss for an operation Joseph in the Hughes taken to Undertaking ambuPennington the muddy roads, lance and due to make the hours required three operation performed trip. An morning and the early last Thursday Miss Hughes very satiscondition friends will fact her many glad teacher of the eighth Miss Hughes that grade and not finish her year's now teaching that Rogers will the work for this and finish grade to the citizens wish to announce have succeeded Stanberry Staley, who not return Chas. graduate of the School of Chiropractic Palmer Iowa, and have been practicing of which have been for six years, office will be King City. My spent location and the reached there from each day and from o'clock Your business will City. 8-1t.

2. May 15, 1930 Burlington Junction Post Burlington Junction, MO
Article from Burlington Junction Post, May 15, 1930

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Article Text

In Other Towns The four year old daughter of Mr. and Mrs. E. A. Pence, Elizabeth Louise, was bitten Wednesday afternoon by the bulldog owned by Albert Oyerly. The skin under the eye was broken. The accident occurred when the baby decided to go in the house and pushed the dog away from the door. -Mound City News-Independent. Moving at a speed of approximately eight to ten miles per hour, a tornado, traveling in a northeasterly direction, passed within a half mile of the east limits of this city last Thursday evening about six o'clock. The path of the storm was from 100 to 125 yards in width, and the length of its course was from 12 to 15 miles. While inflicting damage running into several thousand dollar destruction of farm buildings, stock, and poultry, no residences were destroyed, although several were slightly damaged. - Mound City News-Independent. The nine months old son of Mr. and Mrs. Eddie E. Ashworth, who live about seven miles southeast of Maryville, was drowned in a five-gallon stone jar Monday afternoon about four o'clock. The little fellow's name was Aubrey Earl. He had been playing with his brother, Laurice Edward, and sister, Betty Loraine, aged 6 and 4 years, when he pulled himself up by the handles of the stone jar and toppled inside. Mr. and Mrs. Ashworth were in the garden some 100 yards away when the accident OCcurred. The body was pulled out by the older brother. but after life had gone.-Barnard Bulletin. Fighting their way through wind conditions which would tax the ability of veterans, five students of the Tarkio Flying Club last Saturday won from the department of Commerce their private pilot's licenses and became the first group of Atchison county avitors. Five took the flying and written tests, and all were successful. They were Marvin Kruse, Johnny McClain, Earl S. Coe, Don Harvey and George Freihofer, the last named being of Rock Port. Fred H. Grieme, aeronautical inspector for the Department of Commerce, was in charge of the tests, arriving Saturday morning by plane. -Tarkio Avalanche. The past year has been a very successful one for the creamery. A total of 378,611 pounds of butter was manufactured as compared with 343,409 pounds for the preceding year. Owing to the decline in the price of butter the average price for butterfat was only 44 cents, compared to 49 5-1 cents which was paid last year. Comparing the annual statement dated May 1, with that of last year, the report shows that $130,602.65 was paid for butterfat while last year $135,982.28 was paid out. The statement of the company shows assets and liabilities of $19.200,24.Ravenwood Gazette. Following what was termed as a "slow run" on the Bank of Denver, at Denver, Missouri, that institution closed its doors yesterday morning. Information gathered at this office was to the effect that a rumor was started two weeks ago in which the bank was said to have closed its doors. While that statement was false, it nevertheless had a telling effect and withdrawals are said to have been slow but steady since that time. E. M. Henton was cashier of the institution and I. R. Kemper was president. It was the only bank in the town of Denver, which is about 10 or 12 miles north of Albany-Stanberry Headlight. Ffty years ago, on May 5, Leonard Yaple and Celia Mann, both of Braddyville were united in marriage at the home of the bride's sister near Braddyville by Rev. McElwee. In honor of the event relatives gathered at the Yaple home Monday evening where they started housekeeping and have lived ever since. Refreshments of ice cream and cake and candy were served. Those present were Mr. and Mrs. Willard Yaple and sons, George and John, Mr. and Mrs. Clarence White, Mr. and Mrs. Elza Van Fosson and daughter, Ruth, Frank Yaple, Mr. and Mrs. Joe Russel and children, Lola, Marjorie, Lee and Ethel and the guests of honor.-Clarinda, Iowa, Herald. The cyclone which started in Nebraska last Thursday and travelled down into the region south_ of Maryville came very near catching two Elmo men at the oil station near Bolckow which was completely demolished. Walter Huff and A. A. Adkins were driving back from St. Joseph where Mr. Huff had marketed a load of stock and as they approached the station the wind became so violent that Mr. Adkins drove in intending to remain until the storm was over, but Mr. Huff realizing the danger urged him to drive on and speed out of the path of the storm. This they did and it was responsible for the fact that they escaped what might have resulted in