18802. Lewistown Bank (Lewistown, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 6, 1847
Location
Lewistown, Pennsylvania (40.597, -77.572)

Metadata

Model
gpt-5-mini
Short Digest
9cd393bc

Response Measures

None

Description

Multiple contemporaneous newspapers report the Lewistown Bank 'failed' or 'suspended specie payments' on Dec. 6, 1847. No articles mention a depositor run or later reopening; classification as suspension leading to closure is most consistent. Bank charter type not stated in sources, so set to unknown.

Events (1)

1. December 6, 1847 Suspension
Cause Details
Bank failed / suspended specie payments; contemporaneous reports simply state failure without attributing cause.
Newspaper Excerpt
The Lewistown Bank, at Lewistown, Pennsylvania, failed to-day.
Source
newspapers

Newspaper Articles (5)

Article from The New York Herald, December 7, 1847

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Article Text

Suspension of the Lewistown Bank. PHILADELPHIA, Dec. 6, 1847. The Lewistown Bank, at Lewistown, Pennsylvania, failed to-day.


Article from New-York Daily Tribune, December 7, 1847

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Article Text

Saspension of the Lewistown Bank PHILADELPHIA Dec. 6, 1847. The Lewistown Bank, at Lewistown, Penn. failed today.


Article from Jeffersonian Republican, December 16, 1847

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Article Text

II The Doylestown Intelligencer says the Lewistown Bank has suspended specie payments.


Article from The Examiner, December 18, 1847

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Article Text

netual Timing ton, Del., to take measures for calling a Convention to amend the Constitution of the State. Delaware contains 83,000 inhabitants, of whom 2,300 are slaves, and 3000 free blacks. There are 800 slaveholders, who, with their families and others interested in the continuance of slavery, amount to 4000 persons, leaving 74,000 whites unconnected with the institution of slavery. James McHenry Boyd, Esq., of Baltimere, formerly Secretary of Legation with Honorable Lewis MeLane, Minister to England, accidentally shot himself with a pistel, on the 4th inst. in Philadelphia. Mr. B. had been married only that morning, to a daughter of Major Hall, of Baltimore county. Mr. B. died on the 8th. The packet-ship Stephen Whitney, belonging to Mesers. Grinnell, Minturn, & Co., of New York, was wrecked on the 10th ult. on the coast of Ireland, four miles from Cape Clear. Ninetytwo, out of one hundred and ten, human beings on board were lost. Don Narcesso Payez Romana, says the New York Herald, has been appointed by the Government of Guatemala, Minister Pienipetentiary to the United States. He is shortly expected in this country, and will be accompanied by Don Jese Victor Zavala as Secretary. Official notice is given by the Treasury Department, that the holders of the certificates of the Peruvian Indemnity, will receive the second instalment or prementation of their certificates to the Fifth Auditor of the Treasury. Ole Bull, say the German papers, has net been heard of for more than eighteen months. It is conjectured he has gene to Australiate try and procure the liberation of a convict to whom he was attached. Pedro Alcantara Herran was presented to the President on the 7th inst., as Minister Plenipotentiary and Envoy Extraordinary of the Republic of New-Grenada The New York relief society sent by the packet-ship Ashburton on the 7th inst., one thousand barrels of corn meal for the destitute in Ireland. The Haytian man-of-war barque Constitution, was destroyed in the harbor of Port-auPrince, by the explosion of her magazine. The number of victims was known to exceed fifty. Mr. F. K. Collins has contracted with Government to run a semi-monthly line of Steamers from New York to Liverpool. The vessels are to be built immediately. We regret to learn that the venerable Ambrose Spencer is very sick and not expected to recover. He is nearly 90 years of age. Norfolk, Virginia, contains a population of 15,000, being an increase of 4,000 in the last seven years. A letter from Com. Perry confirms the death of Lieut. Col. S. E. Watson, of the Marine Corps, at Vera Cruz, on the 16th ult. Eight thousand eight hundred and seventythree immigrants arrived at New York during the month of November. Celenel Bankhead is Governor of Vera Cruz, General P. F Smith of the City of Mexico, and Colonel Wynkoop of Jalapa. MAINE-The people of this State have decided to elect hereafter their Governor and Legislature, by a plurality, instead of a majority, vote. Darlen, GA-A destructive fire occurred lately in this town, by which $12,600 worth of property was lost. A FAT OFFICE.-A writer in the New York Evening Post, affirms the yearly income of the County Clerk in that city to be, $40,000. Mr. Clay's visit to Washington, in this month, is as counsel in some important cases in the Supreme Court. The "Covington Iron Works" of Baltimore has suspended payment. One thousand hands are thrown out of employment in consequence. EARTHQUAKE.-A severe shock of an earthquake was felt at Port au Prince, on the 25th of October last. In New Jersey a majority of the towns have voted against granting licenses to sell spirits. A man named Miller, committed forgeries in Beston to the amount of $50,000. A whelesale house in Philadelphia, name not given, has stopped. The failure is for $100,000. Geni. Kearney and Com. Stockton have settled their difficulties amicably. The amount of specie in the New York city Banks and Sub-treasury, is about $8,000,000. The Lewistown Bank, Lewistown Penn., has failed.


Article from The Daily Union, December 30, 1847

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Article Text

From our Baltimore Correspondent. BALTIMORE, December 29-5 Mild weather.-Distressing suicide.-Bank explosions.-The markets, &c. The mild weather continues, and all signs of winter are rapidly disappearing. Mrs. Hannah Whitworth, wife of Mr. Thomas Whitworth, residing on Poppleton street, put a period to her existence this morning, by hanging herself with a rope. She was found suspended by a rope to the roof of a shed, having kicked a stool from under her feet. She had been in a melancholy state of mind for some time, and had before attempted to kill herself by choking herself with rags, which she was found ramming into her mouth. The explosion of the Delaware Bridge Bank, of New Jersey, and the Lewistown Bank, of Pennsylvania, it is said, is about to be followed by the Susquehanna Bank, of the latter State. Large amounts of this money are in circulation in Baltimore, and it will doubtless be a total loss. The mail from the north to-day brings but little of interest. No tidings have yet been received of the French steamer Union. THE MARKETS.--In the Baltimore market, this morning, flour was dull. A sale of 200 bbls., Howard street brands, was made on 'Change at $6 12h which is a decline of 12 cents per bbl. since the steamer. There were several sellers at this price, but buyers would not meet them. An offer of $6 was refused for 1,000 bbls. Small sales of City Mills at $6 25; but millers generally are asking $6.37 Supply ight. There were 600 bbls. additional to those noted yesterday, making 1,000 bbls. at $6 25; rye flour, $5, with sales; sales of about 500 bbls. Corn meal at $3 37. Wheat is scarce-sales of good to prime reds are making at 130 a 136 cents. Corn in good request, with sale to a fair extent of white at 57 a 59 cents, and yellow 60 a 62 cents; oats, 38 a 42 cents; rye, 85 a 88 cents; cloverseed, $4 25 a $4 624 Provisions are dull, and but little doing. Bacon has slightly declined. A sale of 200 kegs western lard to-day at 7% cents per lb., cash. Whiskey is dull-small sales at 271 a 281 cents, in hids. and bbls. At New York this morning, there was no marked change in the flour market, excepta better demand for shipment at lower rates. Genesee, $6 25; southern, $6 37; and Oswego, $6 a $6 061- Rye flour and corn meal unch hnged: Holders of wheat are very firm, but buyers not disposed to meet them. Genesee prime white 140 cents. A sale of 5,000 bushels red at 132 cents. Corn is in steady demand at 77 cents for mixed, and 80 a 82 cents for pure yellow. Cotton is firm, but the sales are small-buyers and sellers not able to agree. No change in prices since the steamer. Whiskey, 26 a 261 cents per gallon. At Philadelphia, this morning, small sales of southern flour at $6 50-holders ask $6 62 in some instances. Corn meal, $3 37. The supply of wheat is small-prime red is held at 143 cents. Sales of yellow corn at 60 a 64 cents, as to quality. Oats 42 cents. Not much doing in provisions. Sales of mess pork at $9, and prime do. $8 50. Groceries quiet. Some New Orleans molasses sold at 28 cents. The cotton market is firm, but no sales of moment. Whiskey 271 cents per gallon.