13014. Emerald State Bank (Emerald, NE)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
January 10, 1929
Location
Emerald, Nebraska (40.814, -96.835)

Metadata

Model
gpt-5-mini
Short Digest
3014c9a7

Response Measures

Capital injected, Full suspension

Description

Local depositors quietly withdrew funds (~two weeks before reopening) due to unfounded easiness/rumors, forcing the bank to close temporarily; residents later pledged support and the bank reopened (article dated 1929-01-25 says it 'opened yesterday'). Dates are inferred from publication dates and article wording.

Events (3)

1. January 10, 1929 Run
Cause
Rumor Or Misinformation
Cause Details
Unfounded uneasiness/rumors prompted depositors to withdraw funds quietly, producing a run on the bank.
Measures
Local residents pledged support to the bank; bank later reopened.
Newspaper Excerpt
quietly withdrawing funds two weeks ago from the Emerald State bank, resulting in the closing of that
Source
newspapers
2. January 10, 1929 Suspension
Cause
Rumor Or Misinformation
Cause Details
The withdrawals caused the bank to close temporarily; closure described as result of unfounded uneasiness (rumors).
Newspaper Excerpt
resulting in the closing of that institution
Source
newspapers
3. January 24, 1929 Reopening
Newspaper Excerpt
they have pledged their support to the bank which was opened yesterday. Unfounded easiness prompted the run the
Source
newspapers

Newspaper Articles (3)

Article from Beatrice Daily Sun, January 25, 1929

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Article Text

FIND THEY NEED IT Lincoln, Neb., (/P) Residents Emerald decided they cannot continue business village without the aid bank. quietly withdrawing funds two weeks ago from the Emerald State bank. resulting in the closing of that they have now pledged their port the bank which was opened yesterday. Unfounded easiness prompted the run the


Article from The Grand Island Independent, January 25, 1929

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Article Text

OF THE EMERALD STATE Neb., Jan. dents Emerald have decided they cannot village without the aid After quietly funds from the Emerald State resulting in closing that institution, they have pledgtheir support to the bank which yesterday. Unfounded prompted the bank, forcing into the hands of the state fund, trade said today. The institution three former stockholders, Becker. Charles Degencashier. The bank has $10,000 nert, and stock, and on deposit.


Article from Nebraska Signal, January 31, 1929

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Article Text

Fresh doughnuts Mrs. Tharp's Henry Bode of Friend favored The Signal with call Monday Mr and Mrs. Ed Schafer visitors last Thursday Eye, throat Spec tacles Plumb, Home baking Wednesdays Tharp's Signal subscriptions in February Husband may forget Our gas and oHs are of the best grades Ohiowa State bank certainly better name Ohiowa bank than Nebraska State bank Signal stops when the time paid for expires Please the expiration on your Signal Helsey sells Woodward's Inner Circle chocointo and you will know the cookies are called delectable deliMrs. Inga Roberts and Mrs. Robertson View their father, Eberhardt, from Monday until Tuesday Attoney Donisthorpe was able to down Friday for the first time in four weeks He feeling much better. Highest prices paid for hidesCream Let Mrs. R. Tharp give your dinner party. Mr. and Ellason of Clay Cente. Geneva visitors Friday us your for newspapers and magazines Heisey 1-tf Miss Ione Weis of Geneva spent the at her home near The Lincoln Journal that fif. years ago in Lincoln wheat sold 60 cents, corn at 16. Mrs. Minnie Bradley. Spirella corsets, R. Goeury's, 332 eventh Geneva Neb. Alves of Madison township. has been in poor health for improving. Bertram Scribner visited Mayor and Mrs. H. Bert ram from Saturday until Monday Tub shower baths Shop and Woodhead Clay county Signal call Geneva Monday Allie Richeson returned las Tuesday spending few days visiting Mr FerguFred manager of Schneider Jenks elevator Signal last Thursday have parties who want buy farms in Fillmore See you want to sell your farm Forsythe, presenting the View spent Sunday Geneva interested in visual education He visited the Geneva schools Monday morning route brought The Signal office Monday Signal doubt the young lady owner glad was found and returned to her Rev Capsey tertained the members the official board of the Geneva Methodist church their home Monday evenclose of the business session refreshments served. Mrs. Dora James and Harry Gar left Saturday morning for Roch Minn They were called there by illness of their sis Mrs. John Crom Henriette Minn., who was Rochester hos pital Mrs Finis Garrett of Dresden Friday evening for visit the home her daughter Mrs Ben Koehler, Mrs. Garrett the wife Congressman Tennessee democratic floor leader and Birdene Holtz of Wesley home for the and Mrs. Holtz took them back Place Sun They accom anied by Miss Dorothy Capsey attend Wesleyan the ond semester York Hinman of North Piatte, regent and o'clock lurreh Friday Hotel Cornhusker Deborah chap Mrs. Alva Lee Brown of Fairmont state officers guests also buses will operate daily out the union bus deOmaha when about February The building virtually completed Enclosed driveways, capable unloading discharging ten buses once, will feature of the building called to the Harm Casper home southeast town at last Thursday afternoon The fur the home puffed out and nace caused scare There need for apparatus when rived. fortunate that there fire for around zero and stiff northwest wind The senators who fussing the senate roll that firming Ryan member the board won't get The people wanted know, had right know and the right in furnishing the information. No man ashamed of his vote has moral right sit in the state senate Changes address John Gergen from Doland to Ray Mrs. Etta Schroder mond, from Claremont, Cal. Corvallis, Mrs Cassie from Letts, Lincoln. Frank Kassik from Geneva from Angeles Denver Thomas Kasal from Beaver Crossing Mrs. from Geneva Beloit Kas. K. Kolar from Fred Gustafson from Potter to Dix. For monuments always see Geneva Monument Works James Uldrich favored The Sigwith call Tuesday We use genuine Pittsburg polishplate for car 16-2 Mrs. Fred Isch of Shickley Geneva business caller last Thurs Note the change in Dr. Chapek's date. He will be in Geneva next Tuesday Get your and off at the White Way filling station, southwest cor50-tf square. Mrs. Mulligan and son Leo and Mrs. Frank Bradley Geneva were York visiters last week. all electric bakery has opened for business Fairbury, all baking being done by electricity. Lyle Sprout public sale Thursday span of unbroken horses sold for $390. Mrs. Young of Omaha spent couple days week visiting friends the state school. boxed the best candy boxes from pound Miss Martha Porter of the bureau child welfare Lincoln spent couple days last week the training school business. Mayor and Mrs. H. Bertram Geneva Bertram Scribner visited Mr. and Mrs. Her Belleville, Kas., Sunday The Gilend State bank, capital $20,000 and deposits $200,000. blew Bad loans on real and other unwise banking practices. Mrs. Harry McKibbin and chil dren went Cordova Saturday McKibbin's parents. Mr McKibbin drove Cordova Sunday and brought home Mrs. Pete Dickman and the Oscar home Monday Tuesday of last week George Dickman for longer visit Dr. and Mrs. Floyd Lange and Laura Lange, all Geneva, Mr and Irvin Lange Strang attended the funeral of an aunt Mrs. Frank Lange, in Sutton last Mr. and Mrs John Mulligan have moved from Rosalie Beemer where Mulligan charge of the drugstore Mulligan son of Mrs. L. Mulligan Geneva. Funny things happen in the bankbusiness these days. At Emerin Lancaster county the Emerald State bank suspended for ple weeks, elected officers again for Will you need any shape hog houses brooder houses build them for you any style, shape spare the for labor Bolton Lumber Co. The Signal is NOT published Fri day. mailed each Thursday morning Scarcely week passes not and advertising Thursday that those expect paper that already printed. Thompson went field work in the college but in Iowa were seemed best delay more favorable Mr. Thompson again the Geneva United Brethchurch. Merrill, accompanied by his Dean Smith Crete, made Canastota, last week consult Ortman. Mr. Merrill took three treatments. They drove up Monday and registered that night. The registrations for that week 435 was born Saturday night in hospital Omaha and Mrs. Richard Dill AlexThe child did not live. body was brought to Geneva Monday interment the GeneMrs. Dill was Miss before her Mrs. recovering from her ill Lincoln Journal thirty years ago: Evans Adams county was the author bill guarante in state banks. This bill had just been and in demand by bankers others, this being first bill the kind ever introduced in the letter written from Lincoln Monday Huston said he had only been out the house three times since going Lincoln, fol. lowing his operation for appendicitis. says hopes get to before the sale in this issue. He the home of his and daughter Mr. and Mrs. John CurMrs. F. Stickell and Frank E. Stickell Sunday night at the home of and Mrs. Pumphrey, Mrs. being their They here attend funeral brother, Stickell, home was Ong. An account the death of Mr. Stickell will be found in our Ong department. Mrs. Hunter and son Saturday for Reloit, where Hunter will be employed in the Kansas state training school for Mrs. Hunter has had charge of the farm work the Geneva state training school. Through the of Ward, Mrs. will have Beloit an crease Fillmore county friends will follow Mrs. Hunter and Edward to their new home with good wishes. On an average about dozen Sig subscribers write or telephone The Signal each week that they forgot. not pay avoid the In January and Feb ruary hundreds Signal subscrib tions expire. Every_ newspaper reader ought to watch the date ed every week on his address label. Those week two in advance help Signal's keepers Notice. Please have all plate numbers displayed all vehicles both fiont and rear by February 1929, and save any JOHN LITTLE. 17-2 Sheriff. Weinerth's Public Sale. Weinerth horses, cattle, chickens. household goods, farm machinery, at his home Tuesday, February 12. his in The Signal. 17-3 For Sale. Lease on 160 acres with eightyfive acres of Four miles south of Geneva on Meridian highway. Geneva phone 2112. 17-tf