National City Bank - New York, NY

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 1461
Charter Number: 1461
Start Date: December 8, 1930
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: a56acbc9

Response Measures

Accommodated withdrawals, Public signal of financial health

Description

Multiple newspapers (Dec 8, 1930) report a run on the New York branch of National City Bank with large withdrawals (~$1.2M reported) and long lines of (Chinese) depositors. The bank remained open and was paying depositors; no suspension or closure is mentioned. OCR in one article garbled amounts (mentions Mexican) but meaning is clear.

Events (1)

1. December 8, 1930 Run

Cause Details: Article does not state a clear trigger; simply reports heavy withdrawals by depositors (possibly localized concern in Chinese community).
Measures: Bank indicated willingness to pay all depositors and paid out 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.