14624. Patchogue Bank (Patchogue, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 19, 1884
Location
Patchogue, New York (40.766, -73.015)

Metadata

Model
gpt-5-mini
Short Digest
9caefd8e19cc44c8

Response Measures

None

Description

Multiple newspapers (New-York Tribune Jan 19, 1884; regional papers Jan 30–31, 1884) report that the Patchogue Bank 'suspended payment.' The cashier (Peck) committed suicide reportedly 'driven to desperation by the excitement caused by the suspension' on Jan 21, 1884. The articles do not describe a depositor run or any reopening; they report a suspension and a consequent suicide. There is no clear statement about a later resumption or receivership; I classify as suspension_closure because the coverage indicates serious distress and no reopening is reported, but the permanent closure is not explicitly documented in these clips (hence some uncertainty). OCR errors corrected (e.g., 'susoffered' -> 'suspended payment').

Events (2)
1. January 19, 1884 Suspension
Cause Details
Article simply states the bank 'suspended payment'; no specific cause given.
Newspaper Excerpt
The Patchogue Bank suspended payment.
Source
newspapers
2. January 21, 1884 Other
Newspaper Excerpt
Driven to desperation by the excitement caused by the suspension of the Patchogue (L. I.) bank, Cashier Peck ... committed suicide on the 21st inst., by shooting himself / committed himself. suicide on the 21st inst., by shooting ... (OCR variants).
Source
newspapers

Newspaper Articles (3)
1. January 19, 1884 New-York Tribune New York, NY
Article from New-York Tribune, January 19, 1884

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Article Text

NEW-YORK, SATURDAY, JAN. 19. THE NEWS THIS MORNING. FOREIGN.-A new Spanish Ministry was formed Marquis Tseng held an interview yesterday. Vignaux defeated with Earl Granville. Monsignor Schaefer at billiards in Paris. General MeliCesare was murdered in Rome. The Glasgow Court of koff is serious'y ill. Inquiry held Captain Donaldson responsible for the Bolivia disaster. CONGRESS.-The Senate failed to pass the Mexican Treaty. The bill relating to the opium traffic with China was placed on the The House spent the day in a calendar. debate on the Fitz John Porter bill, speeches being made by General Slocum, Mr. Steele and Mr. Lyman. The debate will be continued to-day. DOMESTIC.-The coasting steamer City of Columbus has been wrecked at the west end of Martha's Dynamite Vineyard and about 100 lives lost. works near Allentown, Penn., powder mills near Scranton, and a boiler at Rochester, N. H., exploded, New-Hampshire each killing several persons. A hotel and North Carolina felt earthquakes. at Las Vegas, New-Mexico, burned and the guests Testimony in the Nutt lost much property. There were ice-boat case is virtually ended. Judge E.K. Wilson was races on the Hudson. elected to succeed Senator Groome of Maryland. CITY AND SUBURBAN.-The Republican primaries A man was fatally were held last night. Edmund S. stabbed yesterday in Hudson-st. Tappan confessed that his brother John murdered The net reMrs. Maybee and her daughter. ceipts of the Pedestal Fund Loan Exhibition were Senor Juan de reported to be $13,792 51. Valera, the new Spanish Minister, arrived by the Charles Delmonico's will was Cephalonia. The Patchogue Bank susoffered for probate. Father McCarthey, of pended payment. Brooklyn, was fined in the Harlem Police The ribbon weavers Court for drunkenness. A man was of Paterson begun a strike. found dead in a building that was burned By the explosion of a on Wednesday. range, at Hunter's Point. one child was killed and The Rev. Arthur another fatally injured. Crosby, of Brooklyn, has accepted a call to San Gold value of the legal tender Francisco. Stocks silver dollar (4121₂ grains), 85.62 cents. opened higher and declined sharply; later they recovered and closed irregular and unsettled. THE local observations mdicate generally cloudy weather, with chances of rain or snow, followed by clearing and colder weather. Temperature yesterday: Highest, 41°; lowest, 25°: average, 3318°.

2. January 30, 1884 Watertown Republican Watertown, WI
Article from Watertown Republican, January 30, 1884

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Article Text

Deeds of Blood. Hiram H. Post, a well-known citizen of St. Louis, committed suicide on the 25th, after acknowledging in a letter that he was an embezzler of funds of the McCormick Reaper Company, by whom he was employed as bookkeeper. In a quarrel over $3, near Aberdeen, D. T., on the 26th, William Ball attacked William Austin with a butcher knife, when Austin drew a revolver and shot him dead. William Coombs, living near Elgin, Ill., was found dead in his house on the 25th inst., by neighbors. His wife was also suffering from frightful cuts on the neck and hands. The neighbors do not credit the wife's statement that her husband did the deed, and sensational developments are looked for. John Spaulding, a blacksmith at Newport, Me., shot his wife and then killed himself on the 25th. Mrs. Spaulding will probably die. Mrs. William Hall, residing at Elkton, Mo., attempted to kill herself and her six little children by poisoning with arsenic on the 23d. The mother and two of the children will die. Harry Bronson and George Hardison fought a duel with knives at Richelieu, Ky., resulting in the death of both. W. B. McMahon, of Cairo, III., was struck by a thug on the night of the 22d and injured so that he died. Walter Doolittle, a well-known citizen of Bloomington, Ill., shot himself on the 23d. Joel Fowler, a notorious desperado, convicted of murder and awaiting execution in the jail at Socorro, N. M,, was taken from the building by a mob on the morning of the 23d and hanged. In a quarrel over a game of pool at Haskins, Wood County, Ohio, on the night of the 22d Tom Fairbanks. a bad man, fatally stabbed Edward Monahan. Eighty-three cuts were found on the body of the victim. Driven to desperation by the excitement caused by the suspension of the Patchogue (L. I.) bank, Cashier Peck, of thatinstitution, committed suicide on the 21st inst., by shooting himself.

3. January 31, 1884 Turner County Herald Hurley, SD
Article from Turner County Herald, January 31, 1884

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Article Text

Deeds of Blood. Hiram H. Post, a well-known citizen of St. Louis, committed suicide on the 25th, after acknowledging in a letter that he was an embezzler of funds of the McCormick Reaper Company, by whom he was employed as bookkeeper. In a quarrel over $8, near Aberdeen, D. T., on the 26th, William Ball attacked William Austin with a butcher knife, when Austin drew a revolver and shot him dead. William Coombs, living near Elgin, Ill., was found dead in his house on the 25th inst., by neighbors. His wife was also suffering from frightful cuts on the neck and hands. The neighbors do not credit the wife's statement that her husband did the deed, and sensational developments are looked for. John Spaulding, a blacksmith at Newport, Me., shot his wife and then killed himself on the 25th. Mrs. Spanlding will probably die. Mrs. William Hall, residing at Elkton, Mo., attempted to kill herself and ner six little children by poisoning with arsenic on the 23d. The mother and two of the children will die. Harry Bronson and George Hardison fought a duel with knives at Richelieu, Ky., resulting in the death of both. W. B. McMahon, of Cairo, III., was struck by a thug on the night of the 22d and injured so that he died. Walter Doolittle, a well-known citizen of Bloomington, Ill., shot himself on the 23d. Joel Fowler, a notorious desperado, convicted of murder and awaiting execution in the jail at Socorro, N. M,, was taken from the building by a mob on the morning of the 23d and hanged. In a quarrel over a game of pool at Haskins, Wood County, Ohio, on the night of the 22d Tom Fairbanks. a bad man, fatally stabbed Edward Monahan. Eighty-three cuts were found on the body of the victim. Driven to desperation by the excitement caused by the suspension of the Patchogue (L. I.) bank, Cashier Peck, of thatinstitution, committed himself. suicide on the 21st inst., by shooting