Banks of Kansas City - Kansas City, MO

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: July 1, 1893*
Location: Kansas City, Missouri (39.100, -94.579)

Metadata

Model: gpt-5-mini
Short Digest: 92857c1f

Response Measures

Accommodated withdrawals

Description

Article (Durham Daily Globe, 1893-09-01) references a run in July that affected Kansas City banks but reports banks have regained deposits and reopened; no suspension or receivership mentioned. Cause is not explicitly stated; in context of a broader financial depression and recent flurry, classified as macro_news.

Events (1)

1. July 1, 1893* Run

Cause: Macro News
Cause Details: Run occurred during the broader financial depression and recent banking flurry of 1893; article does not attribute the run to a specific rumor or bank-specific failure.
Newspaper Excerpt: bank presidents estimate that the banks have gained $2,000,000 in deposits since the run in July.
Source: newspapers

Newspaper Articles (1)

1. September 1, 1893 The Durham Daily Globe Durham, NC

Article from The Durham Daily Globe, September 1, 1893

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Article Text

A man named JIM Once wrote a hymn, I think his name was DAVIS. It was so tuff Folks cried enough And yelled "Oh, good LORD, save us." And that ended the business. * * COL. HOWELL HARRIS says that he is in a position now to walk to Fairntosh every day in the week. But he will secure a position pretty soon and we will hear of him going a fishing. *** The football scheme of Trinity is good-but what! good is a football when creditors are kicking people down the stairs. * * * The wonder is that Easter hats are still worn. But the stringency of the times account for many strange things. THE BRIGHTER DAY. What Was Tapped Over the Wires Yesterday Concerning Better Times. The Walter A. Wood Harvester works, of St. Paul, Minn., will start up in a few days. Work will be provided for between 1,500 and 2,000 men. Judge Jenkins, of Milwaukee, yesterday granted the receivers of the Northern Pacific permission to issue $5,000,000 receivers' certificates for the purpose of redeeming stocks and bonds held as collateral to secure the company's floating indebtedness. A statement of the condition of the American Tube and Iron company, Har risburgh, shows assets of $2,624,841.10 and liabilities of $1,376,857.20, leaving a net surplus of $1,247,983.90. The sum of $56,654.03 doubtful accounts is not included in the assets. The State National Bank of Denver opened its doors for business yesterday, having had the permission of the comptroller for several days. The Commercial, the only remaining national bank which closed during the recent flurry, will probably open before the end of the week. The German National has resumed, also the Union bank at Greeley, Col., and the St. Louis Stamping company, after an idleness of several weeks. Mr. W.F. Niedringhaus, the proprietor, has agreed to sign the Amalgamated scale. Yesterday 2,000 men were at work. Ten thousand persons will be affected. bankers of Kansas Business men and City, Mo., are unanimous in their opinion that the low point in the present financial depression has been reached by Kansas City and that the upward movement has begun. Bank presidents estimate that the banks have gained $2,000,000 in deposits since the run in July.