19973. State Bank of South Carolina (Charleston, SC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 28, 1860
Location
Charleston, South Carolina (32.777, -79.931)

Metadata

Model
gpt-5-mini
Short Digest
7b364674

Response Measures

None

Description

Multiple contemporary newspaper dispatches (Nov 28–30, 1860) report the State Bank of South Carolina 'has suspended.' No articles mention a depositor run prior to suspension or any reopening; suspension is reported in the context of the secession/political crisis. I classify cause as macro_news (political/sectional crisis).

Events (1)

1. November 28, 1860 Suspension
Cause
Macro News
Cause Details
Suspension reported amid the secession/political crisis in South Carolina (Nov 1860); banks in the state suspending operations contemporaneously with secession tensions and related disturbances in credit/confidence.
Newspaper Excerpt
The State Bank of South Carolina ... have suspended.
Source
newspapers

Newspaper Articles (10)

Article from The Daily Exchange, November 29, 1860

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Article Text

Suspension of South Carolina Banks. CHARLESTON, Nov. 28.-The State Bank of South Carolina, and the Railroad Banks, have suspended. The Planters and Mechanics' Banks will suspend to-morrow.


Article from Cincinnati Daily Press, November 29, 1860

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Article Text

Southern Items. CHARLESTON, S. C., November 28.-The steamer Isabel, which left for Havana on Saturday, has returned, disabled. Several candidates for the Convention of South Carolina, over their signatures, repudiate any free State joining the Southern Confederacy. The State Bank of South Carolina, the Bank of South Carolina, and the Railroad Bank have suspended. The Planters' and Merchants' Bank will follow, to-morrow. BALTIMORE, MD., November 28.-Governor Hicks, of Maryland replies to a petition to convene a special session of the Legislature, declining such a course, saying he is unwilling to place Maryland in a position of appearing to join in any treasonable designs against the Union, while he is ready to go as far as any man in demanding the rights of the South in the Union.


Article from Chicago Daily Tribune, November 29, 1860

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Article Text

From South Carolina. CHARLESTON, Nov. 28.-The steamer Isabel, which left Saturday for Havana, has returned disabled. Several candidates for the Convention of South Carolina, over their signatures repudiate any free State joining the Southern Confederacy. The State Bank of South Carolina, the Bank of South Carolina and the Railroad Bank have suspended. The Planters' and Merchants' Banks will to-morrow.


Article from The National Republican, November 30, 1860

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Article Text

SOUTH CAROLINA BANKS. Charleston, Nov. 28.-The State Bank of South Carolina and the Railroad Bank have suspended. The Planters' and Mechanics' Banks will suspend to-morrow.


Article from Evening Star, November 30, 1860

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Article Text

Suspension of South Carolina Banks. CHARLESTON, Nov. 28 -The State Bank of South Carolina, and the Richmond Banks have suspended. The Planters, and Mechanics' Banks will suspend to morrow.


Article from The Daily Dispatch, November 30, 1860

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Article Text

suspension of South Carolina Banks. CHARLESTON, Nov. 28.-The State Bank of South Carolina, and the Richmond Banks, have suspended. The Planters' and Mechanics' Banks will suspend to-morrow.


Article from The Evansville Daily Journal, December 1, 1860

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Article Text

CHARLESTON, Nov. 28th.-The steamer Isabel, which left Saturday for Havana, has returned disabled. Candidates for Convention repudiate any free State joining the Southern Confederacy. The State Bank of South Carolina, the Bank of South Carolina, and the Railroad Bank, have suspended. The Planters' and Merchants' Bank will suspend to-morrow.


Article from Nashville Union and American, December 1, 1860

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Article Text

From Charleston CHARLESTON, Nov. 28.-All South Carolina members of the Federal House of Representatives have determined to go to Washington and resign This course is taken in order to more conveniently confer with the Representatives of the other Southern States. Several candidates of the Convention of South Carolina, over their own signatures, repudiated any free State joning the Southern Confederacy. The State Bank of South Carolina, the Bank of South Corolina, and the Railroad Bank have suspended. The Planters and Merchants Bank will suspend to-morrow.


Article from Newbern Weekly Progress, December 4, 1860

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Article Text

SUSPENSION OF SOUTH CAROLINA BANKS. CHARLESTON, Nov. 28.-The State Bank of South Carolina, and the Richmond Banks, have suspended. The Planters' and Mechanic's Banks will suspend to-morrow.


Article from Fayetteville Observer, December 6, 1860

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Article Text

Hense of Representatives have determined to go to Washington and resign. This course is taken in order to more conveniently confer with the Representatives of the other Southern States. Several candidates of the Convention of South Carolina, over their own signatures, repudiated any free State joining the Southern Confederney. The State Bank of South Carolina, the Bank of South Carolina, and the Railroad Bank have suspended. The Planters and Merchants Bank will suspend to-morrow. CHARLESTON, Nov. 29.-It is now considered certain here that the ordinance of secession will be passed on the 17th or 18th of December. Our representatives are leaving for Washington. Ordnance and ammunition have lately been landed from a schooner at Fort Moultrie. Some of the army officers say that now Fort Moultrie is almost impregnable. COLUMBIA, S. C., Nov. 30. - The House directed the Military Committee to consider the best method of fortifying the most exposed portions of the coast. MILLEDGEVILLE, Nov. 30.-The Legislature chose Breckinridge Electors. New ORLEANS, Dec. 1.-A committee of citizens of Texas petitioned Governor Houston to convene the Legislature. The Governor responded that viewing the proposed measures as unwise, he could not call the Legislature together, but if is majority of the citizens of the State petition for it, he could not stand in their way. The secession feeling largely predominates. MEMPHIS, Dec. 1. A large and excited assetabløge last night passed resolutions accepting the irrepressible conflict now upon us; calling on the Governor to convene the Legislature, calling a Convention of the State, and also of one of all the Southern States; and pledging Tennessee to stand by the action of a Southern Convention for weal or woe. CLINTON, Mo,, Dec. 1.-- Reports speak of inhabitants along the Missouri border fleeing, to escape from binds of Abolitionists, supposed to be connected with Montgomery, but indicating great alarm. Naw YORK, Dec. 1.- The Washing ton correspondent of the N. Y. Times says the secession feeling is moderate. A conservative compromise measure is being prepared to cover the entire sectional issue. Florida advices say that the Secrssion feeling largely predominates. Louisville,Ky., Dec. 1.--A report from Burksville says that fifteen negrees and one white man were bung for attempted insurrection on the part of the negroes, led on by the white man. No particulars are given.