Stock Growers National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 2652
Charter Number: 2652
Start Date: November 21, 1924
Location: Cheyenne, Wyoming (41.140, -104.820)

Metadata

Model: gpt-5-mini
Short Digest: c468bdff

Response Measures

Accommodated withdrawals

Description

A brief run occurred when a sign reading 'Bank Closed' (for the holiday only) was misinterpreted; bank officials explained and the situation was relieved. No suspension or closure is mentioned.

Events (2)

1. April 3, 1882 Chartered

Source: historical_nic

2. November 21, 1924 Run

Cause: Rumor Or Misinformation
Cause Details: A holiday 'Bank Closed' sign was inadvertently placed in the window and was misinterpreted by depositors as a permanent closure.
Random Run: Yes
Random Run Snippet: Holiday 'Bank Closed' sign misread; sign inadvertently placed by employee
Measures: Bank officials explained the sign to depositors, relieving the situation.
Newspaper Excerpt: A sign reading, Bank Closed, and meaning for the holiday only, was misinterpreted by a number of depositors of the Stockgrowers' National Bank at Cheyenne, Wyo., resulting in a brief run on the institution. ... An explanation of the sign was made and the situation relieved. The sign was inadvertently placed in the window by a bank employee.
Source: newspapers

Newspaper Articles (1)

1. November 21, 1924 The Dolores Star Dolores, CO

Article from The Dolores Star, November 21, 1924

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Article Text

CONDENSED RECORD OF THE PROGRESS OF EVENTS AT HOME AND ABROAD FROM ALL SOURCES SAYINGS, DOINGS, ACHIEVE. MENTS, SUFFERINGS, HOPES AND FEARS OF MANKIND WESTERN California has adopted a constitutional amendment providing for a poll tax of $5 on every male inhabitant between the ages of 21 and 50, except war veterans and persons paying real or personal property taxes. Initiative measure legalizing twelve-round boxing contests and creating state athletic commission to supervise boxing and wrestling contests has also been adopted. Three persons lost their lives in the waters of the main canal of the Yuma irrigation project near Yuma, Ariz., when their automobile plunged over an embankment and was swallowed in the stream. Three others riding in the machine narrowly escaped death. The dead are: Mrs. D. J. Upchurch of Yuma, Ariz., and her two children, Loraine, 16. and Edward, 5. The accident occurred across the Colorado river on the California side. A sign reading. "Bank Closed," and meaning for the holiday only, was misinterpreted by a number of depositors of the Stockgrowers' National Bank at Cheyenne, Wyo., resulting in a brief "run" on the institution. Bank officials coming to work found a long line of depositors waiting to withdraw their money. An explanation of the sign was made and the situation relieved. The sign was inadvertently placed in the window by a bank employee. Struck by one of her own torpedoes when the gyroscope developed some trouble. the torpedo destroyer Paul Hamilton received a damaged propellor strut during target practice off the port of San Diego, it was learned from Commander Harry Bogusch, secretary to Admiral Frank Schofield, commander of the destroyer squadron of the battle fleet. According to Commander Bogusch, the torpedo from the Paul Hamilton made what is called a "curved run," that is, after being fired, I it circled in the water and came back 1 toward the ship.