Traders Bank - Nashville, TN

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: October 25, 1860
Location: Nashville, Tennessee (36.166, -86.784)

Metadata

Model: gpt-5-mini
Short Digest: 03bf3399

Response Measures

None

Other: Run triggered by a building fire; fire companies extinguished blaze and bank remained open.

Description

Article (Daily Nashville Patriot, 1860-10-26) reports a heavy run on the Trader's Bank the previous morning caused by an alarm of fire on the bank's floor; fire was extinguished and the bank continued open. Cause classified as local_shock (accidental fire alarm) rather than rumor or insolvency. No suspension or closure mentioned.

Events (1)

1. October 25, 1860 Run

Cause: Local Shock
Cause Details: Alarm of fire when the bank floor was set afire by the warming flue, producing panic and heavy withdrawals.
Measures: Fire companies (Eclipse and Hamilton) extinguished the fire; bank continued operations.
Newspaper Excerpt: Just after breakfast yesterday morning, a heavy run was made upon the Trader's Bank, on the corner of Union and Cherry Streets ... The run was caused by an alarm of fire, the floor of the Bank having been set on fire by the flue that warms the building.
Source: newspapers

Newspaper Articles (1)

1. October 26, 1860 Daily Nashville Patriot Nashville, TN

Article from Daily Nashville Patriot, October 26, 1860

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Article Text

RUN UPON A BANK.-Just after breakfast yesterday morning, a heavy run was made upon the Trader's Bank, on the corner of Union and Cherry Streets, and for a short time fears may have been entertained, for aught we know, that the institution would go under. The run was caused by an alarm of fire, the floor of the Bank having been set on fire by the flue that warms the building. The Eclipse and the Hamilton were speedily on the ground, and the fire was extingnished before any serious damage had been done. The Bank it still "going on."