Merchants & Planters Bank

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: April 5, 1904
Location: Duncan, Oklahoma (34.502, -97.958)

Metadata

Model: gpt-5-mini
Short Digest: ddb3de3c

Response Measures

Full suspension

Description

Article (Guthrie Daily Leader, 1904-04-06) reports a heavy run forced Merchants and Planters' Bank at Duncan to 'suspend temporarily' on April 5, 1904; an official states the bank 'will resume business', so classified as run → suspension → reopening. Bank type inferred as state (no 'National' or 'Trust' in name).

Events (3)

1. April 5, 1904 Run

Cause Details: Article cites a heavy run by depositors but gives no specific trigger (rumor, correspondent failure, etc.).
Measures: None specified other than the bank subsequently suspending payments (see suspension event).
Newspaper Excerpt: A heavy run on the bank by depositors necessitated the suspension.
Source: newspapers

2. April 5, 1904 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension was caused directly by the heavy run of depositors; no other adverse solvency info given beyond withdrawals.
Newspaper Excerpt: The Merchants and Planters' bank has suspended temporarily.
Source: newspapers

3. * Other

Newspaper Excerpt: An official of the bank says that it will resume business
Source: newspapers

Newspaper Articles (1)

1. April 6, 1904 The Guthrie Daily Leader Guthrie, OK

Article from The Guthrie Daily Leader, April 6, 1904

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Article Text

A Duncan Bank Guspends. Bureau of the Leader. Duncan, 1. T., April 5.-The Merchants and Planters' bank has suspended temporarily. A heavy run on the bank by depositors necessitated the suspension. An official of the bank says that it will resume business