Article Text
ANOTHER BANK FAILURE. MEMPHIS, Tenn:, December 24.-The Memphis Bank today suspended, supposedly on account of the general financial stress.
20825. Memphis Bank (Memphis, TN)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- state
- Start Date
- December 24, 1907
- Location
- Memphis, Tennessee (35.150, -90.049)
Metadata
- Model
- gpt-5-mini
- Short Digest
6fe4bce7
Response Measures
None
Description
Article (Dec 24, 1907) reports Memphis Bank suspended supposedly on account of the general financial stress (Panic of 1907). No mention of a depositor run or of permanent closure or receivership; temporary suspension due to macroeconomic stress is most likely, so classified as suspension_reopening.
Events (1)
1.
December 24, 1907
Suspension
- Cause
- Macro News
- Cause Details
- Suspension attributed to general financial stress (Panic of 1907 / widespread money stringency).
- Newspaper Excerpt
- ANOTHER BANK FAILURE. MEMPHIS, Tenn:, December 24.-The Memphis Bank today suspended, supposedly on account of the general financial stress.
- Source
- newspapers
Newspaper Articles (1)
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