22382. First National Bank (Spokane, WA)

Bank Information

Episode Type
Run Only
Bank Type
national
Bank ID
2805
Charter Number
2805
Start Date
May 30, 1891
Location
Spokane, Washington (47.659, -117.426)

Metadata

Model
gpt-5-mini
Short Digest
6dcc60df

Response Measures

Accommodated withdrawals

Description

Two contemporary newspaper items (May–June 1891) report a multi-day run on the First National Bank of Spokane caused by rumors of insolvency. The bank honored presented paper and other local banks assisted; there is no mention of suspension, receivership, or permanent closure, so this is classified as a run that did not lead to suspension.

Events (1)

1. May 30, 1891 Run
Cause
Rumor Or Misinformation
Cause Details
Withdrawals were triggered by a report that the bank was shaky, despite the bank's latest statement showing it to be in good condition.
Measures
All paper presented was honored by the bank; other local banks came to the bank's rescue to avert failure.
Newspaper Excerpt
A run on the First National bank of Spokane ... The run was started by the report that the bank was shaky, with its last statement showed it to be in good condition.
Source
newspapers

Newspaper Articles (2)

Article from Santa Fe Daily New Mexican, May 21, 1891

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Article Text

pany. A suit for $93,000 is pending against it. Prof. Rountree, while jumping from a balloon in a parachite at Spokane Falls, Wash., was dashed against a house and instantly killed. Rumors of insolvency caused a heavy run on the First National bank of Spokane Falls, Wash. All paper presented was honored by the bank. During a game of base ball at Nashville, Ind., Phil Harden, aged 18, completed a run and fell dead. O. B. Wilson, ex-mayor of Great Bend, Kas., charged with absconding with $40,000, was arrested at Seattle. He will be taken back to Kansas for trial. The labor organizations have taken up ex-Senator Blair's rejection by the Chinese and threaten to make him their candidate for president if he stays in the country. Five thousand prisoners in Russia are awaiting suitable weather for their transportation to Siberia. The prisoners will be voluntarily accompanied by the wives and families, numbering 10,000 persons. A rumor was current on the Yale campus that the faculty of Harvard had voted, with but a single dissenting voice, to discontinue all athlectic contests whatever with other colleges. The church question is to be eliminated from the politics of Utah hereafter. The people of Salt Lake are dividing on national party lines and the Liberal or antiMormon party is losing strength. The Mexican papers report that Senor Latal Pesado is now in the City of Mexico selecting material for a grand historical picture which the city of Vera Cruz has commissioned him to paint for the World's Columbian exposition. The navy department i3 much concerned over the small number of cadets who have been nominated to appear at the naval academy for examination. The majority of the members of the house of representatives, who have the privilege of nominating these cadets, have failed to send in the names of their candidates, and but twenty-six boys have appeared at the Annapolis academy for examination.


Article from Pullman Herald, June 5, 1891

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Article Text

# State News in Brief. post offices established in Washington year numbered 167. There are twenty-lentail offices in the state. It is worthy that Washington stands second in rank e states in increase in length of routes 1 service established during the year, er of miles being 366, and the estima-f the new services $29,284. The total the star service carried in the state is les, which costs $68,941.06 a year; the mail service is 888 miles in length, 12,469.05, and the length of the railroad 1,790 miles, carried at an annual expen-$159,227.91. The total length of all es is 5,444, and the total cost is $292,- Mayer, who is confined in the Dayton il, convicted of chicken stealing and with burglary, attempted suicide Friday He cut his blanket into strips and at-to hang himself, but after finding that ing hurt too much, changed his mind, tries the crazy dodge, walking across and butting his head against the wall. anual statement of the insurance com-r of Washington shows the following done by the insurance companies: written, $63,290,638.68; premiums re-$1,784,655.79; losses sustained, $986,-osses paid, $886,632.92: percentage of .71. There are ninety-seven fire insur-panies in the state. Leader, a real estate man, shot one billy a restaurant at Sumas. It appears that presence was objected to by some ladies y. and Leader returned him his admis-When the two next met Noble as-Leader, and the latter shot him through 1. Leader has been tried and discharged, le will recover. heriff of Walla Walla county has received 3, together with 2000 rounds of ammuni-anted by Governor Ferry, and has ar-ven soldiers indicted for the lynching They are charged with murder in the ree, and are guarded at the jail by 30 heriffs. No trouble is anticipated over sts. Hitsman, age 22, has been kidnapped 3 home in East Portland. A letter has by his mother from him in which Me is with Indians in camp near Van-Wash., and never expects to return. mong Indian camps is being made by er for the missing son. as C. Griffits, the well-known attorney nocratic politician, and John L. Wilson's at for election to congress two years ago, ged by his former partners, Superior 1. Z. Moore and Col. J. W. Feighan, with riating to his own use large sums of belonging to the firm. 1 on the First National bank of Spokane sturday and continued for several days, being averted by the other banks com-e rescue. The run was started by the aon of a report that the bank was shaky, h its last statement showed it to be in ondition. boat that comes into Mount Vernon loaded with immigrants and investors. thing uncommon to see 40 or 50 tons of goods being unloaded at the wharf. like the East had broken loose and that dy was coming to Mount Vernon.-Mount News. ey is being raised in Centralia to send the s of Myron Dobson and his widow and uildren back to New York. The remains tek Burns have been sent to St. Paul, and will be buried in Centralia. The three the poor fellows' reported as suffocated an 16 acres of orchard near Walla 1$4000 last There are of orchar back al in the vicinity of that politis of excellent quality. One grower ships 1000 boxes of grapes yearly, ONEthers make wine and sell it in the local SIX 8. Hamilton, Skagit county, a deposit of tine rock carrying veins of free gold, and Are of chrome iron ore (chrominum) are the ratiscoveries. The annual product of chro-in the United States is about 2,500 tons, yalue ranges from $18 to $20 a ton. Entered & an Pacific is blocked at the junc-th Olympia with the Port Townsend the work of laying rails across the Pupped. The Port Townsend Southern Lefuses to let the Northern Pacific pass un-matain conditions are complied with. at set officers reported [to the unions in Spo-kin hat 1400 people eat at Japanese restaurants in that city, and the suppliers of provisions Alling to refuse to sell to the Jap restaurants. sligaral boycott will be ordered against all wiltronize these restaurents. tow there is a scarcity of wheat in the Willa-Tralley is proved by the high price now for it. The Salem mills offer 87 cents Pul hel, and none to be had at even those ten There are probably 10,000 bushels of has at left in that country. jesponding of Chehalis county to the sum al 19,000, $85,000 of which is to be used in add the county's presto indebtedness, and ance to be applied ward the building of road pads, has been voted on and carried with Washajority. a ro, Methodist, Presbyterian, and Baptist her of Centralia united Sunday and held jal services in commemoration of the prowho fell during the war for the Union. the. A. J. Joslyn, an old veteran, preached Ton. someeting of the directors of the Missoula prodRacing association held recently it was sly decided that the grounds of the befor should not hereafter be used for Ast dog fights, glove contests, or fights equall st. Michner, manager of the Pacific Coast Or company, reports crop prospects pretty uf eastern Oregon and Washington, and the smade things look doubly promising, ly in the Palouse and Walla Walla coun- Lowell, wife of a Port Gardner contract-eported as having "skipped" with a man at acquaintance, taking the precaution of