Article Text
The run upon the National Savings Institute has stopped Depositors being satisfied that the bank will be able to meet all demands. New York, April 19.
14278. National Savings Institution (New York, NY)
Bank Information
- Episode Type
- Run Only
- Bank Type
- savings bank
- Start Date
- April 19, 1854
- Location
- New York, New York (40.714, -74.006)
Metadata
- Model
- gpt-5-mini
- Short Digest
03642f86a38ee5bc
Response Measures
None
Description
Article (Apr 26, 1854) reports a run on the National Savings Institute/Institution in New York that has stopped after depositors were reassured the bank could meet demands. OCR shows 'Institute' in the article; bank name provided as 'Institution' — treated as same. No mention of suspension or receivership, so classified as run_only.
Events (1)
1.
April 19, 1854
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Not specified in the article; depositors were reassured the bank could meet demands, suggesting panic/rumor-driven withdrawals.
- Measures
- Public reassurance that the bank could meet all demands; depositors became satisfied and withdrawals subsided.
- Newspaper Excerpt
- The run upon the National Savings Institute has stopped Depositors being satisfied that the bank will be able to meet all demands. New York, April 19.
- Source
- newspapers
Newspaper Articles (1)
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