Savings Bank - New York, NY

Bank Information

Episode Type: Run Only
Bank Type: savings bank
Start Date: September 4, 1931
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 9bfcf40b

Response Measures

None

Other: Authorities prosecuted five men for spreading false rumors; article fragment implies a run caused by false tales but gives no details of bank suspension or reopening.

Description

OCR-corrupted article. The snippet describes false tales that directors fled with deposits, causing great alarm; five people were jailed for spreading the false report. No clear statement that the bank suspended or closed, so classified as a run only driven by misinformation.

Events (1)

1. September 4, 1931 Run

Cause: Rumor Or Misinformation
Cause Details: False reports that the bank's directors fled with deposits; five people jailed for spreading the story.
Random Run: Yes
Random Run Snippet: False report that directors fled with deposits; people jailed
Newspaper Excerpt: The report caused great alarm among the [depositors] and resulted [in the bank's ...]; False bank tales... spread false that the directors the Savings bank fled with [the] deposits.
Source: newspapers

Newspaper Articles (1)

1. September 8, 1931 The Minneapolis Journal Minneapolis, MN

Article from The Minneapolis Journal, September 8, 1931

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Article Text

False Bank Tales Land 5 in Jail York Sept. four men terms ing from four to six weeks because they spread false that the directors the Savings bank fled with mildeposits. The report caused great alarm among the and resulted the bank's Copyright