Newark bank - Newark, NJ

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: December 14, 1877
Location: Newark, New Jersey (40.736, -74.172)

Metadata

Model: gpt-5-mini
Short Digest: 856e5e72

Response Measures

Accommodated withdrawals

Description

Article (Dec 14/15, 1877) states there was a run on the Newark bank but that it has paid all demands of depositors during the run on it. No suspension, reopening, or receivership mentioned. Cause not specified in article.

Events (1)

1. December 14, 1877 Run

Cause Details: Article does not specify a trigger or cause for the run; only reports that a run occurred and payments were met.
Measures: Paid all demands of depositors during the run.
Newspaper Excerpt: The Newark bank has paid all demands of depositors during the run on it.
Source: newspapers

Newspaper Articles (1)

1. December 15, 1877 The New Orleans Daily Democrat New Orleans, LA

Article from The New Orleans Daily Democrat, December 15, 1877

Click image to open full size in new tab

Article Text

Mere Mention. NEW YORK, Dec. 14.-Theodore Roosevelt said yesterday that the machine Republicans were ruining the Republican party. The Collector criticised the President freely. The Newark bank has paid all demands of depositors during the run on it. The Dime Bank required three months' notice. The representatives of the coal companies appointed a committee to prepare a compact. Judge Packer refused to join. There were a few arrests to-day for excise law violations. The liquor dealers requested the Mayor to relieve the officials responsible for the arrests, NEW YORK, Dec. 14.-The anti-Custom-house general committee held a somewhat stormy meeting, It is now thought that Hildreth and Tighe embezzled $100.000. PHILADELPHIA, Dec. 14-Miss Bertha Van Hilbern completed her task last evening of walking 150 miles in 50 consecutive hours. NEW YORK, Dec. 4.-The Herald says the coal rings have thus far been unable to agree. It will not be a very grave public calamity if they never do agree. NEW YORK, Dec. 14.-Newspapers were placed in the hospitals throughout the city last spring, and through the summer 55,000 newspapers and magazines were supplied. NEW YORK. Dec. 14.-Six steamships have left this port for Europe during the week and six more are to follow to-morrow. NEW YORK, Dec. 14.-The aldermanic committee investigating the Tweed ring frauds met to-day. and owing to the absence of witnesses, adjourned till next Tuesday. when it is expected the investigation will be finished.