National City Bank (New York, NY)

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Episode Information

Episode Type
Run Only
Start Date
December 7, 1930
Location
New York, New York (40.714, -74.006)
Bank Type
national
Charter Number
1461

Metadata

Episode ID
Bank ID
City ID
360975772
Model
gpt-5-mini
Short Digest

Response Measures

Accommodated withdrawals, Public signal of financial health

Events (2)
1. July 17, 1865 Chartered
Source
historical_nic
2. December 7, 1930 Run
Cause Details
Articles report heavy withdrawals at the Chinese branch but do not specify a trigger or rumor-based cause.
Measures
The bank indicated its willingness to pay all depositors; paid reported sums (about $1,200,000) since run started.
Newspaper Excerpt
hundreds of Chinese today waited withdraw their funds from the National City Bank of New York branch the run against that institution continued.
Source
newspapers

Newspaper Articles (2)
1. December 8, 1930 The San Francisco Examiner San Francisco, CA
Article from The San Francisco Examiner, December 8, 1930

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Article Text

on Cantonese Bank Continues

Dec. hundreds of Chinese today waited withdraw their funds from the National City Bank of New York branch the run against that institution continued. Reports more than 3,000,000 dollars Mexican about $1,200,000) has been out bank since run started yester-

The bank indicated Its willing. ness to pay all depositors.

2. December 8, 1930 Altoona Tribune Altoona, PA
Article from Altoona Tribune, December 8, 1930

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Article Text

Late News Flashes

RUN ON BANKS Dec. hundreds Chinese tonight waited in line withdraw their funds from the National City Bank of New York branch the run against that institution continued. Reports that than $1,200,000 has been paid by the bank since started yesterday.

BANK ACQUIRED GREENSBURG, the Safe Deposit and Trust company Greensburg the Barelay Westmoreland Trust company announced tonight. Effective tomorrow, assets and busithe former institution. which established 30 years be merged those Barclay company, which founded in 1854.

FOR portion Moderate Atlantic states Thursday and Thursday, warmer toward the Region Great Lakes: temperatures Mississippi and Lower Great colder portion near

TURKEY DINNER 65c BLUE BIRD LUNCH, 1112 14th St.