17172. Savings Bank (Chillicothe, OH)

Bank Information

Episode Type
Run Only
Bank Type
savings bank
Start Date
November 19, 1906
Location
Chillicothe, Ohio (39.333, -82.982)

Metadata

Model
gpt-5-mini
Short Digest
5ef7bdc7

Response Measures

Accommodated withdrawals

Description

Multiple contemporaneous articles (dated Nov 19–20, 1906) report a run on the Savings Bank in Chillicothe started by a 'careless remark' / misreading of the semi-annual statement. Bank officials repeatedly stated there was no cause for alarm and that all demands were paid; the run ended without suspension or receivership.

Events (1)

1. November 19, 1906 Run
Cause
Rumor Or Misinformation
Cause Details
A careless remark / misreading of the bank's semi-annual statement was interpreted as notice the bank was closing, triggering withdrawals.
Random Run
Yes
Random Run Snippet
Careless remark misread semi-annual statement as bank closing; false
Measures
All demands were paid; bank officers met withdrawals (reports state 'All demands today were paid').
Newspaper Excerpt
A careless remark made by some citizen unknown to the police started a run on the savings bank here to-day. ... It was discovered, however, that he saw the bank's semi-annual statement...
Source
newspapers

Newspaper Articles (10)

Article from The Daily Morning Journal and Courier, November 20, 1906

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Article Text

CARELESS REMARK CASES RUN. Chillicothe, O., Citizens Rush to Draw Out Money. Chillicothe, O., Nov. 19.-A careless remark made by some citizen unknown to the police started a run on the savins bank here to-day. It began at noon and continued until late this evening. Women, children and men quit their employment, and ran to the bank. One depositor said he saw a statement that the bank had closed in an evening paper. It was discovered, however, that he saw the bank's semi-annual statement, which read, "Balance on hand at close of business November 1." The officers of the bank say that they have not estimated the amount of withdrawals, but it is reported that these will reach from $10,00 to $15,000.


Article from The Fargo Forum and Daily Republican, November 20, 1906

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Article Text

Started Run on Bank. Chillicothe, O., Nov. 20.-A careless remark, made by some citizen unknown to the police, started a run on the savings bank of this city. Women, children and men quit their employment and ran to the bank breathless. One depositor said he saw a statement of the closing of the doors of the bank published in one of the evening newspapers. It was discovered, however, that he saw the bank's semi-annual statement,, which gave the balance on hand at the close of business Nov. 10, and he considered that the statement meant that the bank was to quit business.


Article from Los Angeles Herald, November 20, 1906

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Article Text

CARELESS REMARK CAUSES RUN ON BANK By Associated Press. CHILLICOTHE, Ohio, Nov. 19.-A careless remark made by some citizen unknown to the police started a run on the Savings bank of this city today. It began at noon and continued all afternoon until late this evening. Women, children and men quit their employment and ran to the bank breathless. Bank officials state there is absolutely no cause for the run, as the Savings bank company is one of the strongest state banks in the state. All demands today were met.


Article from The San Francisco Call, November 20, 1906

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Article Text

REMARK STARTS BANK RUN CHILLICOTHE, Ohio. Nov. 19.-A careless remark made by some citizen unknown to the police started a run on the savings bank of this city today. It began at noon and continued all afternoon until late this evening. Women, children and men quit their employment and ran to the bank breathless. Bank officials state that there is absolutely no cause for the run, as the savings bank is one of the strongest in Ohio. All demands today were paid.


Article from The Salt Lake Herald, November 20, 1906

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Article Text

RUN ON OHIO BANK. Chillicothe, O., Nov. 19.-A careless remark made by some citizen unknown to the police, started a run on the Savings bank of this city today. It began at noon, and continued all afternoon until late this evening. Women, children and men quit their employment and ran to the bank breathless. Bank officials state there is absolutely no cause for the run, as the Savings bank company is one of the strongest state banks in Ohio. All demands today were paid.


Article from The Richmond Palladium, November 21, 1906

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Article Text

Bank Profits by a Run. Chillicothe, O., Nov. 20.-The run on the Savings bank is over. About $65,000 was taken out, mostly by women, children and laborers. The bank will make money by the run, because all who drew out lose the January interest.


Article from Audubon Republican, November 29, 1906

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Article Text

WEEK'S NEWS IN CONDENSED FORM RECORD OF MOST INTERESTING EVENTS TOLD IN BRIEFEST MANNER POSSIBLE. HOME AND FOREIGN ITEMS Information ters Gathered from All pared of the Civilized World and Quar- PreMan. for the Perusal of the Busy countess The scandal involving an English lionaire and an is said to his use of money. The by the wife, well supplied Anglo-American have been earl hushed mil left with and steps London funds, be taken by the Peary and Commander said will he together, reached and husband. no Sydney legal trip, for may make another in the which he has designed a polar ship style of a monitor. declaring Resolutions offered by W. against private J. Bryan and favoring arbitrataion monopolies tions of international disputes between adopted gress after by the Transmississippi were tions failed the committee resoluto report them on United Wages of 60,000 employes out. River States Steel corporation, of the other mills, New York Central Fall five to companies ten per cent. were advanced from and arrived Mayor Schmitz. of San denied in New York from Francisco. ing that all charges against him, Europe a enemies. ical they were the work of declar- politwas Enrico found Caruso, the Italian sulting guilty in New York singer, of $10. a fine women and sentenced to of pay inGov.-elect Hughes in an address a served Republican meeting in New at that his notice on the party York pendent administration is to machine be good. public and have for its aim only inde- the killed Mrs. James H. Delaney, of American her husband, president Chicago, committed Shipping suicide. company, and of then the became Street car strikers at Hamilton, money violent and troops Ont., Joseph from Toronto to restore were sumMormon F. Smith, president of order charge church, pleaded guilty the fined $300. was of unlawful cohabitation to and house Premier Laurier announced Hyman at Ottawa, Ont.. that in the on as had announced his Charles work account a commissioner of public resignation of poor health. Kansas Ouster suits were brought supreme court in the the mayors because of Wichita and against the of the non-enforcement Leavenworth, of prohibition law astronomy Thomas Forsyth Hunt, professor position at Cornell, has accepted of college of dean of the graduate of agriculture. Prof. Pennsylvania As the of the University of Hunt is lishers result of friction Illinois. and Canada, privileges in the United over pubthe Washington the dominion has notified States postal government that 7, countries agreement between the next. will be abrogated the May two L. Edward of Freeport, Ill., Cronkrite, and for former mayor ing member Deriocratic of the Illinois legislature, six terms be. speaker caucus nominee fight at the time of the for the between Logan and historic died suddenly, United States senatorship, Morrison for certificate A new counterfeit five-dollar ton, D. C., announced from Washing silver as circulating in sub was discovered treasury. by a clerk in the Chicago onstrator Ernest D. Keeler of New York, racing and professional demHenry automobiles, was driver of dangerously Lutton, hurt of Colwyn, killed Pa., was and trying out racing cars. in a collision while eastern Prairle fires in western a million New Mexico have Texas and land. stead acres of grazing swept and home over man Alarming New earthquake shocks pelago, Guinea, the Bismarck in Gering much followed by tidal architives, are loss of life among waves, the caus. wera from reported the South by Sea. the steamer Mlo- na apeake Capt. Andrew Crockett. of James Bay oyster schooner the Ches. new federal A. Whiting, indicted under dredge found guilty "shanghaiing" and law. was the in jail. months fine of $500 by December sentenced 1 or to serve pay six McLean, In fight over a pool shot a Cincinnati game James Scherd. and instantly killed contractor, by George was charges Secretary of Taft ordered ed pending colored troops be that dis Ident Roosevelt. further advices from suspend- Presstabbed The anarchist, Saverio Lagana, Rossi, of and killed Prof. who was arrested. the University of Giovanni Naples, a foolish Careless remarks of a citizen Chillicothe, run O. on the savings bank caused of which The German Insurance erpool, reinsured was in the Royal company of Title receiver, placed in the Liv. the-Chicago Trust hands & of company being named. the grant's A Swiss governess threw an deck of baby into the sea from immi an ocean liner. prisonment Charles Thomas, serving a life Mabel Scofield term for the murder im denied seven years of court. preme a new trial by the ago, Iowa was suEpiscopal the heresy court verdlet of review affirmed Crapsey Secretary from ministerial suspending Dr speech, Root, in Kansas functions. said the United City to all to be avoided by war a new was world power for peace exact States and justice that was give Compara' men and nations. plane himself


Article from The Citizen-Republican, November 29, 1906

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Article Text

Chilicothe, O.-A run was started on the savings bank. due to a careless remark dropped by some unknown person on the street. All demands were paid.


Article from The Bon Homme County Independent, November 29, 1906

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Article Text

Chilicothe, O-A run was started or the savings bank. due to a careless remark dropped by some unknown person on the street. All demands were paid.


Article from Perrysburg Journal, November 30, 1906

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Article Text

The scandar involving an Eligibili and an Anglo-American milsaid to have been use of money. by lionaire countess the is The earl hushed and well supplied no left his wife, London together, the and with husband. funds, legal steps will be taken by and he make Commander said may Peary reached another Sydney polar ship trip, for which he has designed a in the style of a monitor. Resolutions offered by W. J. Bryan declaring against private monopolies and favoring arbitrataion between nations of international disputes were adopted by the Transmississippi congress after the committee on resolutions failed to report them out. Wages of 60,000 employes of the United States Steel corporation, Fall New York were River other companies mills, advanced Central from and five to ten per cent. Mayor Schmitz, of San Francisco, arrived in New York from Europe and denied all charges against him, declaring that they were the work of political enemies. the was in New Enrico found Caruso, guilty Italian York singer, of insulting women and sentenced to pay a fine of $10. Gov.-elect Hughes in an address at in a served on the Republican notice meeting party New machine York that his administration is to be independent and have for its aim only the public good. Mrs. James H. Delaney, of Chicago, killed her husband, president of the American Shipping company, and then committed suicide. Street car strikers at Hamilton, Ont., became violent and troops were summoney from Toronto to restore order. Joseph F. Smith, president of the Mormon church, pleaded guilty to a charge of unlawful cohabitation and was fined $300. Premier Laurier announced in the house at Ottawa, Ont., that Charles Hyman had announced his resignation as a commissioner of public work on account of poor health. Ouster suits were brought in the Kansas supreme court against the mayors of Wichita and Leavenworth, because of the non-enforcement of the prohibition law. Thomas Forsyth Hunt, professor of astronomy at Cornell, has accepted the of dean of of a of the college position graduate agriculture. University the Prof. Pennsylvania of Hunt Illinois. is As the result of friction over publishers' privileges in the United States and Canada, the dominion has notified the Washington government that the postal agreement between the two countries will be abrogated May 7, next. Edward L. Cronkrite, former mayor of Freeport, Ill., and for six terms a member of the Illinois leglislature, being Democratic caucus nominee for speaker at the time of the historic fight between Logan and Morrison for the United States senatorship, died suddenly. A new counterfeit five-dollar silver certificate announced from Washing ton, D. C., as circulating in Chicago was discovered by a clerk in the subtreasury. Ernest D. Keeler, of New York, demconstrator and professional driver of racing automobiles, was killed and Henry Lutton, of Colwyn. Pa., was dangerously hurt in a collision while trying out racing cars. Prairie fires in western Texas and eastern New Mexico have swept over a million acres of grazing and homestead land. Alarming earthquake shocks in German New Guinea, the Bismarck archipelago, followed by tidal waves, causing much loss of life among the natives, are reported by the steamer Miowera from the South Sea. Capt. Andrew Crockett, of the Chesapeake Bay oyster schooner dredge James A. Whiting, indicted under the new federal "shanghaiing" law, was found guilty and sentenced to pay a fine of $500 by December 1 or serve six months in jail. In a fight over a pool game James McLean, a Cincinnati contractor, was shot and instantly killed by George Scherd. Secretary Taft ordered that discharges of colored troops be suspended pending further advices from President Roosevelt. The anarchist, Saverio Lagana, who stabbed and killed Prof. Giovanni Rossi, of the University of Naples, was arrested. Careless remarks of a citizen caused a foolish run on the savings bank of Chillicothe, O. The German Insurance company, which reinsured in the Royal of Liverpool, was placed in the hards of a receiver, the Chicago Trust is Title company being named.