Article does not give a specific cause; run appears to have been a short-lived local panic that subsided
Newspaper Excerpt
When the Framingham bank opened this morning, there was a run, which gradually subsided and no further apprehension is felt
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newspapers
Newspaper Articles (1)
1.May 21, 1897The Providence NewsProvidence, RI
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Article Text
Bank Run Ended
South Framingham, May 21.-When the Framingham bank opened this morning. there was a run, which gradually subsided and no further apprehension is telt
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.