Brooklyn Savings Bank (New York, NY)

Episode Information

Episode UID
1036671556
Episode Type
Run Only
Bank Type
savings
Bank ID
103667 routing
Routing Number
1-0366
Start Date
August 16, 1929
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2d5610368c83b5c6

Response Measures

None

Events (1)
1. August 16, 1929 Run
Cause
Rumor Or Misinformation
Cause Details
Rumors (apparently false) about the president's health/death (a carbuncle/boil) triggered deposit withdrawals.
Random Run
Yes
Random Run Snippet
Rumors that president dead from carbuncle; prompted withdrawals
Measures
Borrowed from reserve, hired extra tellers and attendants, used Brooklyn Trust truck to assist operations.
Newspaper Excerpt
Carbuncle Causes Run on Bank; Reserve Saves the Day NEW YORK. the back of the president's neck start today on Savings Bank Brooklyn... Rumors that and that his death had caused run officials of the said today.
Source
newspapers

Newspaper Articles (2)
1. August 16, 1929 The Commercial Appeal Memphis, TN
Article from The Commercial Appeal, August 16, 1929

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Article Text

Carbuncle Causes Run on Bank; Reserve Saves the Day NEW YORK. the back of the president's neck start today on Savings Bank Brooklyn. the place before they had quieted before some them had reopened their accounts had out Several ago Maurice president. hospital have from Rumors that and that his death had caused run officials of the said today. borrow on speak said he had unable the bank short funds. heads the bank heard about the days off they Dr. by Being about the rush. They hired tellers. making total stationed attendants the door hand from the Brooklyn Trust truck they had in there. By closing time the tellers been ferred from paying window receiving

2. August 17, 1929 Columbia Daily Tribune Columbia, MO
Article from Columbia Daily Tribune, August 17, 1929

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Article Text

Boil on Mellon's Neck Would Bankrupt Nation BEVERLY HILLS. Cal. Aug. 17. The Tribune: banker head savings bank in Brooklyn had his neck. and the heard and started run bank and drew out two million dolbefore the fellow could prove them that financiers are part human have boils. If Andy Mellon carbuncle Brooklyn seceding from the union. Mr. Hoover going to talk at noon tomorrow on The advantages Virginia spend Sunday tariff, cat fish and disarmament. Yours, WILL ROGERS