19643. Bank of Kewaunee (Kewaunee, WI)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
June 10, 1893
Location
Kewaunee, Wisconsin (44.458, -87.503)

Metadata

Model
gpt-5-mini
Short Digest
818a5b8e2c7f713d

Response Measures

None

Description

Articles (dated 1893-06-10) report that both the State Bank of Kewaunee and the Bank of Kewaunee 'have experienced light runs.' No mention of suspension, closing, receivership, or reopening for the Bank of Kewaunee; thus classified as run_only. The broader news in the same paper references stringency of the money market, suggesting these runs were part of wider financial stress in June 1893.

Events (1)
1. June 10, 1893 Run
Cause
Macro News
Cause Details
Reported amid wider money-market stringency in June 1893; likely part of broader financial nervousness rather than a bank-specific scandal.
Newspaper Excerpt
Light Runs. KEWAUNEE. Wis., June 10. -Both the State Bank of Kewaunee and the Bank of Kewaunee have experienced light runs.
Source
newspapers

Newspaper Articles (2)
1. June 10, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, June 10, 1893

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Article Text

WITHOUT WARNING. The Hudson, Wis., Savings Bank Closes Its Doors. HUDSON. Wis., June 10.--There was great commotion among business men and depositors generally during the morning when the Hadson Savings bank failed to open its doors. The following notice was posted: "Owing to the stringency of the money market we have deemed it best in justice. 10 our depositors to suspend for the present. The bank has assets enough to cover all deposits." No FOR or warning of any kind was given. The city funds were deposited there. There are doubts of the bank renewing business. Light Runs. KEWAUNEE. Wis., June 10. -Both the State Bank of Kewaunee and the Bank of Kewaunee have experienced light runs.

2. June 10, 1893 The Madison Daily Leader Madison, SD
Article from The Madison Daily Leader, June 10, 1893

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Article Text

Light Runs. KEWAUNEE. Wis., June 10. -Both the State Bank of Kewaunee and the Bank of Kewaunee have experienced light runs. More Banks Go Under. CHICAGO, June 10.-Joseph Higins, owning a private bank at 84 Washington street, and three corresponding institutions in Illinois towns, have made an assignment in the county court. Higins operated banks at Mascoutah, Sorento, Glitespie and St. Ann. The assignment covers all.