Bank of Highlandville - Highlandville, MO

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: February 1, 1933*
Location: Highlandville, Missouri (36.933, -93.280)

Metadata

Model: gpt-5-mini
Short Digest: 6f99dfca

Response Measures

Full suspension

Other: Bank closed 'under moratorium' and intends to adopt reopening plan used by nearby banks.

Description

Article (Christian County Republican, 1933-02-09) reports a run caused by a false rumor and by closings of other local banks, leading the Bank of Highlandville to close under a moratorium. The cashier says he will adopt plans to bring about reopening, but no reopening date is given, so final outcome is unclear.

Events (2)

1. February 1, 1933* Run

Cause: Rumor Or Misinformation
Cause Details: A false rumor circulated for several weeks and combined with closings of other local banks to trigger heavy withdrawals/run on the bank.
Measures: Cashier Welch said he will adopt plan used by Bank of Nixa and Bank of Ozark to bring about reopening.
Newspaper Excerpt: This false report and the closing of the other banks created slow on the Bank of Highlandville which was unable to withstand.
Source: newspapers

2. February 1, 1933* Suspension

Cause: Rumor Or Misinformation
Cause Details: Closed under moratorium after run driven by false rumor and spillover from other local bank closings.
Newspaper Excerpt: The Bank of Highlandville closed week under moratorium Welch, cashier, reports that this action was brought about by false rumor...
Source: newspapers

Newspaper Articles (1)

1. February 9, 1933 Christian County Republican Ozark, MO

Article from Christian County Republican, February 9, 1933

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Article Text

BANK OF HIGHLANDVILLE CLOSES UNDER The Bank of Highlandville closed week under moratorium Welch, cashier, reports that this action was brought about by false rumor which was circulated veral weeks and by the closing ago of other banks in this territory. This false report and the closing of the other banks created slow on the Bank of Highlandville which was unable to withstand. Mr. Welch also that he will adopt the reports plan used by the Bank of Nixa and the Bank of Ozark, in an effort bring about reopening of his institution.