National Bank - New York, NY

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: December 5, 1930
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 0481712a

Response Measures

Accommodated withdrawals

Description

OCR-fragmented article (Ann Arbor News, 1930-12-05) reports a run by Chinese depositors on a local branch of the National Bank of New York. No mention of suspension or closure; bank reassured depositors it desired to pay all deposits. Cause interpreted as spillover from reports of failures of other banks.

Events (1)

1. December 5, 1930 Run

Cause: Local Banks
Cause Details: Press reports of failures of other banks prompted Chinese depositors at the local branch to withdraw funds.
Measures: Bank issued reassurance, indicating desire to pay all deposits; attempted to calm depositors.
Newspaper Excerpt: CHINESE DEPOSITORS STAGE RUN ON BANK ... local branch of the National bank of New York ... publication in the press of failures of banks caused ... depositors ... bank indicated desire pay all ...
Source: newspapers

Newspaper Articles (1)

1. December 5, 1930 The Ann Arbor News Ann Arbor, MI

Article from The Ann Arbor News, December 5, 1930

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Article Text

CHINESE DEPOSITORS STAGE RUN ON BANK lication in the press of failures of banks caused Chinese of local branch of the National bank of New York to become its today and they depos. The quickly assumed the of The bank indicated desire pay all ous which the movement. although large sums were