Article Text
PITTSBURG, Nov. 12.-The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.
16747. Merchants Savings & Trust Company (Pittsburg, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- trust
- Start Date
- November 12, 1873
- Location
- Pittsburg, Pennsylvania (40.441, -79.996)
Metadata
- Model
- gpt-5-mini
- Short Digest
622396c8cc9e8bb5
Response Measures
None
Description
Single short report (Ottumwa Weekly Courier, 1873-11-13) states the Merchant's Savings bank of Pittsburg suspended on Nov. 12, 1873. The article gives no information about a prior run or any reopening; I classify this as a suspension that likely led to closure (given the 1873 panic context) but permanence is not stated in the article. Bank name in the article is Merchant's Savings bank, which appears to refer to the Merchants Savings & Trust Company in Pittsburg; minor OCR/name variation noted.
Events (1)
1.
November 12, 1873
Suspension
- Cause
- Macro News
- Cause Details
- Article gives no specific cause; suspension reported Nov. 12, 1873 during the broader financial turmoil of 1873 (Panic of 1873).
- Newspaper Excerpt
- The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.
- Source
- newspapers
Newspaper Articles (1)
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