Bank of Northumberland - Northumberland, PA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: May 1, 1843*
Location: Northumberland, Pennsylvania (40.892, -76.797)

Metadata

Model: gpt-5-mini
Short Digest: 4c0d08ce

Response Measures

None

Description

Article (Sunbury American and Shamokin Journal, 1843-05-13) states the bank had been forced into a temporary suspension by the exigencies of the times but is now paying specie and expected to resume its regular business. No run is mentioned; this is a suspension with resumption.

Events (2)

1. May 1, 1843* Suspension

Cause: Macro News
Cause Details: Temporary suspension attributed to broader adverse economic conditions (exigencies of the times).
Newspaper Excerpt: forced into a temporary suspension by the exigencies of the times
Source: newspapers

2. May 13, 1843 Reopening

Newspaper Excerpt: This Bank now pays specie for all its obligations ... has never for a moment lost the confidence of the community ... We hope it will soon be able to resume its regular business, and afford that relief to business men, which they so much need.
Source: newspapers

Newspaper Articles (1)

1. May 13, 1843 Sunbury American and Shamokin Journal Sunbury, PA

Article from Sunbury American and Shamokin Journal, May 13, 1843

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Article Text

Bank of Northumberland. This Bank now pays specie for all its obligations except its relief issues and its notes are now received at par in Philadelphia. This Bank has always I een under the direction of able and faithful officers, and although forced into a temporary suspension by the exigencies of the times, has never for a moment lost the confidence of the community in which it is located. We hope it will soon be able 10 resume its regular business, and afford that relief to business men, which they so much need.