Article Text
Bank Run Subsides. Dunkirk, N. Y., June 27.-The run started yesterday on the Lake Shore National bank of Dunkirk has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened todav.
15067. Lake Shore National Bank (Dunkirk, NY)
Bank Information
- Episode Type
- Run Only
- Bank Type
- national
- Bank ID
- 2916
- Charter Number
- 2916
- Start Date
- June 27, 1905
- Location
- Dunkirk, New York (42.480, -79.334)
Metadata
- Model
- gpt-5-mini
- Short Digest
cd133b7c
Response Measures
Accommodated withdrawals, Capital injected
Description
Multiple newspapers (June 27–30, 1905) report a brief run on Lake Shore National Bank that subsided same day; bank paid all claims, remained open and received currency and outside offers of assistance. No suspension or receivership mentioned.
Events (2)
1.
April 6, 1883
Chartered
- Source
- historical_nic
2.
June 27, 1905
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Run occurred without apparent cause or as a slight flurry, suggesting rumor/nervousness rather than bank insolvency or outside shock.
- Measures
- Bank stayed open after hours, paid all claims in full, received additional currency from Buffalo, accepted large new deposits and received offers of assistance from New York banks.
- Newspaper Excerpt
- The run started yesterday on the Lake Shore National bank of Dunkirk has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened today.
- Source
- newspapers
Newspaper Articles (10)
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Article Text
Run on Dunkirk Banks. DUNKIRK, N. Y., June 27.-Without apparent cause both the Lake Shore National bank and the Merchants' National bank of this city were subjected to a run, or a "slight flurry," as the bank officers termed it. Both banks kept open after hours payIng all claims in full.
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Run on Dunkirk Banks. DUNKIRK, N. Y., June 27.-Without apparent cause both the Lake Shore National bank and the Merchants' National bank of this city were subjected to a run. or a "slight flurry," as the bank officers termed it. Both banks kept open after hours payfng all claims in full.
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Article Text
Run on Dunkirk Banks. DUNKIRK, N. Y., June 27.-Without apparent cause both the Lake Shore National bank and the Merchants' National bank of this city were subjected to a run, or a "slight flurry," as the bank officers termed it. Both banks kept open after hours payIng all claims in full.
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Article Text
Run on Dunkirk Banks. Dunkirk, June .-Without apparent cause both the Lake Shore National bank and the Merchants' National bank of this city were subjected to a run yesterday afternoon, or a "slight flurry" as the bank officers termed it. Both banks kept open until 6 o'clock, paying all claims in full. The rush at the Merchants' bank lasted less than half an hour, while the cashier at the Lake Shore bank was kept busy until 6 o'clock serving the last person in line. Both banks received additional currency from Buffalo before 6 o'clock and it is announced they are prepared to cash every claim presented. It is thought the run is over.
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BANK GIVES FORGED NOTES AS SECURITY Missouri Failure Uncovers Peculiar Financial Methods. CLINTON, Mo., June 27.-It is reported to-day, but not confirmed, that alleged forgeries of notes used by the closed bank of Salmon & Salmon as securities amounted to nearly $100,000. State Bank Examiner Cook declined today to indicate the amount of the forged notes. 'I cannot give the amount," said Cook. "The Kansas City State Bank, which lent $150,000 to the Salmon & Saimon Bank, holds $307,000 worth of securities of the Salmon Bank-more than sufficient to cover the loans, even after the straw notes have been deducted from that amount." TERRE HAUTE, Ind., June 27.When the doors of the Vigo County Bank opened this morning a number of depositors were in line to withdraw their money. The withdrawals continued steady, though in an orderly manner. DUNKIRK, N. Y., June 27.-The run started yesterday on the Lake Shore National Bank of Dunkirk has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened to-day.
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RUN HAS SUBSIDED. Dunkirk, N. Y., June 27.-The run started yesterday on the Lake Shore National bank of Dunkirk has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened today.
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Run on Dunkirk Bank Checked. DUNKIRK, N. Y., June 27.-The run on the Lake Shore National Bank that started yesterday afternoon was not resumed today. Some returned money drawn out vesterday. Offers of assistance from many New York banks have been received. Dunkirk business men are making large deposits. M. L. Hinman of Dunkirk deposited $90,000 this morning.
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NEWS TERSELY TOLD. Forest fires have been burning fiercely on government lands in the mountains southwest of Denver since Sunday morning. The loss thus far is $50,000. The bureau of insular affairs has received a cablegram from Governor Magoon at Panama announcing the death from yellow fever of S. J. Hirsch. The National Woman's Suffrage association will meet in annual convention in Portland, Ore., on Thursday, and will continue its session until July 5, inclusive. The run started yesterday afternoon on the Lake Shore National bank of Dunkirk, N. Y., has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened for business today.
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RUN ON BANK ENDS. DUNKIRK, N. Y., June 27.-The run started yesterday on the Lake Shore National Bank of Dunkirk has subsided. Less than a dozen persons were in line at the paying teller's window when the bank opened for business today.