Article Text
We are informed that the Bank of Ham. burg, S. C., and the Banks of Augusta, Ga., suspended 5) ecie payments, shortly after they received the news of the suspeusion at Charleston.
20117. Bank of Hamburg (Hamburg, SC)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- October 24, 1839
- Location
- Hamburg, South Carolina (33.480, -81.958)
Metadata
- Model
- gpt-5-mini
- Short Digest
3fc62b3a
Response Measures
None
Description
Newspaper (1839-10-24) reports the Banks of Augusta, GA suspended specie payments after news of a suspension at Charleston. No run is mentioned and no reopening is reported in these articles; outcome beyond the suspension is not provided, so I classify as suspension_closure while noting the permanent closure is not explicitly stated in the text.
Events (1)
1.
October 24, 1839
Suspension
- Cause
- Local Banks
- Cause Details
- Suspended specie payments after receiving news of a suspension at Charleston (distress among other local banks).
- Newspaper Excerpt
- We are informed that the Bank of Hamburg, S. C., and the Banks of Augusta, Ga., suspended specie payments, shortly after they received the news of the suspension at Charleston.
- Source
- newspapers
Newspaper Articles (1)
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