Bank of Portsmouth - Portsmouth, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 20, 1855
Location: Portsmouth, Virginia (36.835, -76.298)

Metadata

Model: gpt-5-mini
Short Digest: cf8602c116d481a9

Response Measures

None

Description

The article (letter reprinted from New York Evening Post, dated 20th) reports that Portsmouth was devastated by disease and states explicitly The bank over there has been closed altogether. No mention of a depositor run; closure is reported as complete. Cause attributed to the local epidemic (yellow fever). Date assigned from letter (1855-09-20) published in paper 1855-09-28.

Events (1)

1. September 20, 1855 Suspension

Cause: Local Shock
Cause Details: Severe local epidemic/fever in Portsmouth (yellow fever) disrupted business and led the bank to close permanently, per the report.
Newspaper Excerpt: The bank over there has been closed altogether.
Source: newspapers

Newspaper Articles (1)

1. September 28, 1855 The Daily Minnesota Pioneer Saint Paul, MN

Article from The Daily Minnesota Pioneer, September 28, 1855

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Article Text

The following is the latest intelligence we have froin the "doomed cities." We find it in a letter in the New York Evening Post of the 20th There are not a half a dozen stores kept open in the city, and should the fever last much longer it will be accompanied by a famine. For every article of food we have to pay from 50 to 150 per cent, above the ordinary prices. I doubt whether there are more than five thousand inhabitants remaining in the city, and not much more than fifteen hundred of the five thousand who have escaped the disease. Portsmouth has suffered if possible, worse than Norfolk. The bank over there has been closed altogether. No newspaper has been published in Norfolk for ten days, and I believe none in Portsmouth. All business at the Navy Yard has been suspended. The carpenters in the yard were for some time making coffins to bury the dead in Portsmouth and Norfolk, and a large number of coffins had been procured from Boltimore. One hundred and twenty were buried in Norfolk in two days last week. In some instances it was said that two or three were put in one box. In some families there seems to be a peculiar constitutional susceptibility to the influence of the disease, whilst in others there are great powers of resistance. Thirteen died in one family in Portfmouth. # METHODIST EPISCOPAL CONFERENCE APPOINTMENTS The following appointments were made by the Wisconsin Conference for that part of the Conference being in Minnesota : WINONA MISSION DISTRICT-N. Hobart, P. E. Winona to be supplied. Caledonia mission, John Hooper. Richland mission, John L. Dyer. Chatfield, to be supplied. Elk Prairie, Benj. Crist. Norwegian mission, to be supplied. Cedar River, to be supplied. Oronoko, to be supplied. Reed's Landing mission, Dwight Kidder. Kansas mission, Civlin Kellogg. Chippeway Falls, to be supplied. Montoville mission, D. O. Van Slyke. RED WING MISSION DISTRICT-John Kearns P. E. Red Wing, Chauncy Hobart. Hastings mission, J. G. Johnstons. Shakopee mission, Lewis Bell. Cannon River mission, T. M. Kirkpat-rick. Prescott mission, G. W. Richardson. Hudson mission, to be supplied. Marine mission, C. C Kidder. Ose ola mission, to be supplled. Stillwater mission, G. F. Hilton. Mille Lac Indian mission, to be supplied. Hamlin University, Jabez Brooks, principal -member of Red Wing quarterly conference. ST. PAUL MISSION DISTRICT D. Brooks P. Elder. St. Paul, to be supplied. St. Paul city mission, James Peet. Scandinavian mission, Samuel Anderson, C. P. Argelins. St. Anthony, A. J. Nelson. Minneapolis mission, Sam'l Salisbury. Minnetonka, to be supplied. Anoka mission, to be supplied Monticello, S. T. Creighton. Belle Prairie, to be supplied. Sandy Lake, Indian mission, S. Spates, Superior mission, John Bean. Cottage Grove, R. Mates. John W. Waterbury transferred to Rock River Conference.