Single brief notice (Dec 24, 1907) states 'The Memphis Bank ... suspended, supposedly on account of the general financial stress.' No mention of a prior run or later reopening; described as 'another bank failure,' so classified as suspension leading to closure. Bank type not specified in text.
Events (1)
1.December 24, 1907Suspension
Cause
Macro News
Cause Details
Suspension attributed to general financial stress (Panic of 1907).
Newspaper Excerpt
ANOTHER BANK FAILURE. MEMPHIS, Tenn:, December 24.-The Memphis Bank today suspended, supposedly on account of the general financial stress.
Source
newspapers
Newspaper Articles (1)
1.December 25, 1907The Pacific Commercial AdvertiserHonolulu, HI
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Article Text
ANOTHER BANK FAILURE. MEMPHIS, Tenn:, December 24.-The Memphis Bank today suspended, supposedly on account of the general financial stress.