Bank of Commerce - New York, NY

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: November 1, 1873*
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 9c498ee7

Response Measures

Accommodated withdrawals

Description

Article is a humorous poem (Feb 1874) referencing panic after Jay Cooke/1873 collapse and a depositor visiting the Bank of Commerce where the cashier (Mr. Lawton) appears unable to pay out—evidence of depositor anxiety and attempted withdrawals but no explicit suspension or closure is reported. Date of the run is likely tied to the 1873 panic (poem references Nov 1873); I set event date to 1873-11-00. OCR/text is poetic and not a formal report.

Events (1)

1. November 1, 1873* Run

Cause: Macro News
Cause Details: Depositor panic tied to Jay Cooke collapse/1873 financial crisis leading to nervous withdrawals and inability to pay out immediately.
Measures: Told depositor to wait until tomorrow; no formal measures described.
Newspaper Excerpt: I run me so quick, mit mine emdy burse To see Mr. Lawton, off de bank of Commerce; Mr. Lawton looked scared, und he obened his mond ... I don't got nuff money, to go on a sphree. Off you vait dill do-morrow, yost call round vonce more
Source: newspapers

Newspaper Articles (1)

1. February 13, 1874 The Fremont Weekly Journal Fremont, OH

Article from The Fremont Weekly Journal, February 13, 1874

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Article Text

the Philharmonic Society, Green Bay, Nov, 1873, BY JOHN D. WILLIAMS. # AIR “Kitty and Ben.” -WEBSTER. I. Off you lisden avile, I vill dell you de news All aboud dem banics, vod give beebles de plues, De banks vas all pusted, de beebles dey shoud "Mine Got! I dond vas got mine money oud." Und vat vas der drouble? Vot pusted der pubble? Vy dem deafs in Nye Yark, dey got into a mnddle, Und chead all der beebles, mit pulls, and mit pears, Off dey go to der tyfel, vell nopody cares. II. I go to der National, von day off last veek, I sliteb to der tesk, und I see Mr. Peak; Und he say all der panks vas in a pad fix, Und dey all vas feel shaky, mit der awful banics. "Mine monish!" said I (He vinked mit von eye,) "I dond got a cent, if I vas to die;" I got mad like a pull dog, und give him a look, Und he say all der drouble, vas come of Jay Cooke. I. Den I run me so quick, mit mine emdy burse To see Mr. Lawton, off de bank of Commerce; Mr. Lawton looked scared, und he obened his mond Und I say, "Mr. Lawton, dot hanics blayed oud," "Mr. Snyder," say he, Und he looked rigit off me, "I don't got nuff money, to go on a sphree. Off you vait dill do-morrow, yost call round vonce more Und I dold you ogsactly, vot I dold you before." VI. I got me egcited, and I go to der City, I see Mr. Freeman, und I say dot's a pity, "Can you give me my money?" Mr. Freeman say "mix," I felt satisfied den, dot dere vas a banics. "Vot's der reason," I say, "No money to pay?" "Mr. Snyder, you vill blease come some odder day." Now I dond got no lager, I dond get no kroud, Because I dond got me my money all oud. V. Now all of you beebles, dot's droubled like me; Dot's bedder you alvays, feel sometime merry, Dond bodder your head aboud all dis banics. Come, feel happy mit der Philharmonics. Ven greenbacks feel petter, I'll wrote you a ledder; Und I vill dold you, all aboud banies matter. Yust now I vill pid you all a cood-night, But, mine coodness cracious! dot money vas tight.