Greely's bank - Jacksonville, FL

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: August 20, 1888
Location: Jacksonville, Florida (30.332, -81.656)

Metadata

Model: gpt-5-mini
Short Digest: 123c51e9

Response Measures

Partial suspension

Other: Run was by refugees fleeing yellow fever; bank posted a sixty days' notice (30/60/90 rule) and later resumed.

Description

Multiple contemporaneous newspaper dispatches (Aug 20–21, 1888) report that Greely's Bank posted a sixty-days notice (invoking the 30/60/90 rule) on account of a run on its savings department by refugees from the yellow fever epidemic, then has resumed. This indicates a run/withdrawal episode, temporary suspension under the 60-day rule, and subsequent reopening.

Events (3)

1. August 20, 1888 Reopening

Newspaper Excerpt: Greely's bank...has resumed.
Source: newspapers

2. August 20, 1888 Run

Cause: Local Shock
Cause Details: Withdrawals by refugees fleeing the yellow fever outbreak in Jacksonville led to heavy withdrawals from the savings department.
Measures: Bank posted a sixty days' notice (invoked the 60-day rule) to stem withdrawals.
Newspaper Excerpt: Greely's bank...posted a sixty days' notice on account of a run on its savings department by refugees
Source: newspapers

3. August 20, 1888 Suspension

Cause: Local Shock
Cause Details: Temporary suspension of payments (30/60/90 rule) was invoked because of the run/withdrawals caused by the yellow fever refugee situation.
Newspaper Excerpt: Greely's bank, which took advantage of the sixty days' rule to avoid a run, has resumed
Source: newspapers

Newspaper Articles (5)

1. August 21, 1888 The Morning News Savannah, GA

Article from The Morning News, August 21, 1888

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Article Text

BANKS NOT HARD UP. Refugees Indignant Over Delays-A Rush for Free Food. By the Associated Press. JACKSONVILLE, FLA., Aug. 20.-Two new cases of yellow fever were reported to the board of health to-day and one death only, that of J. M. Minton. at the Sand Hills. There are several suspicious cases which are expected to be better defined by to-morrow. More vigorous measures will be taken for the sogregation of patients and suspects. The reports sent out of financial stringency in the local banks are erroneous. All the leading banks are well supplied. Greely's bank, which posted a sixty days' notice on account of a run on its savings department by refugees, has resumed. The business of the city is light, owing to the stringency of the quarantines, but is going on as usual. BI-CHLORIDE OF MERCURY. A thousand pounds of bi-chloride of mercury is to be used by the city for disinfecting. There has been no artillery firing to-night on account of the scarcity of primers, and concussion will probably be abandoned. The situation looks more grave, owing to the failure of the authorities to segregate patients promptly and effectually and to prevent the formulation of new centers of infection. Col. J. J. Daniel, president of the sanitary association, will to-day organize a sanitary police. He once saved the city from an epidemic of smallpox, and much confidence is placed in him. He will depopulate the infected parts of the city. A RUSH FOR SUCCOR. Having beard that the government had sent $200,000 for distribution among the people of the infected district, some persons came to the city to-day from 100 miles south of here to receive part of the amount. Many of them were very insulting to the relief committee when told that there was nothing for them, and only food for the actual sufferers in the city, and would not believe that no government money had been received. The outgoing newspaper mail is now fumigated here. REFUGEES RETURNING. Some of the refugees have returned from Waycross indignant at the delay in fumigating their baggage there. They say that their baggage will probably be two weeks in passing the station. Much complaint exists because some physicians do not report suspicious cases promptly. They will probably be prosecuted. Five patients are to be discharged to-morrow. Superintendent Dillon of the Western Union telegraph company has been discharged, and has gone to Upper Georgia to recuperate.

2. August 21, 1888 Rock Island Daily Argus Rock Island, IL

Article from Rock Island Daily Argus, August 21, 1888

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Article Text

Two New Cases at Jacksonville. JACKSONVILLE, Fla., Aug. 21. -Two new cases of yellow fever were reported to the board of health yesterday, and one death -that of J. M. Minton, at Sand Hills There are several cases under suspicion. The necessity for better segregation of patients and suspects is becoming plain to the authorities Greely's bank, which took advantage of the sixty days' rule to avoid a run, has resumed, and reports of stringency in the banks are erroneous The banks are well supplied. Business is naturally dull, owing to quarantines. Having heard that the government had sent $200,000 for distribution among the people of the infected district, some persons came to the city from 100 miles south of here to receive a part of the amount When told there was nothing for them they became very insulting.

3. August 21, 1888 St. Paul Daily Globe Saint Paul, MN

Article from St. Paul Daily Globe, August 21, 1888

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Article Text

FLORIDA'S SCOURGE. Two New Cases of Yellow Fever in Jacksonville---Sanitary Measures. Special to the Globe. JACKSONTILLE, Fla., Aug. 20. -Two new cases of yellow fever were reported to the board of health today and only one death-that of J. M. Minton at Sand Hills. There are several cases under suspicion. The necessity for better segregation of patients and suspects is becoming plain to the authorities. Greely's bank, which took advantage of the sixtydays rule to avoid a run, has resumed, and reports of stringency in the banks are erroneous. The banks are well supplied. Business is naturally dull, owing to quarantines. Col. J. J. Daniel, president of the Sanitary association, to-day organized a sanitary police. He will depopulate the infected parts of the city. Having heard that the government had sent $200,000 for distribution among the people of the infected district, some persons came to the city from one hundred miles south of here to receive a part of the amount. When told there was nothing for them they became very insulting. Some refugees have returned from Way Cross indignant at the delay in fumigating the baggage there and say that baggage will probably be two weeks in passing the station. Much complaint exists because some physicians do not report suspicious cases promptly. Five patients are to be discharged to-morrow. Supt. Dillon, of the Western Union Telegraph campany, has been discharged from the hospital and has gone to Upper Georgia to recuperate.

4. August 25, 1888 The Savannah Tribune Savannah, GA

Article from The Savannah Tribune, August 25, 1888

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Article Text

THE YELLOW FEVER. The steamer City of Jacksonville, which brought down four cannon from Tocoi to Jacksonville, which had been sent there from St. Augustine with a large amount of powder and a number of blank cartridges. This makes seven pieces now in the city, but only five were used, the others being disabled for want of competent men to handle them. 1 he Postmaster General, in an order, directed that all newspaper mail originating at Jacksonville, Fla., should be fumigated at that point instead of being sent to Waycross, thus avoiding annoying delays. Surgeon-General Hamilton, at Washington, D. C., received a telegram from Assistant Surgeon Clarkson, of Fort Monroe, Va., saying he has quarantined the British steamship Athens, seven days from Pensacola to Newport News. He says a case of hematemesis with collapse was found on board, and too ill for transportation. The vessel is being fumigated without removing the cargo of timber. Dr. Hamilton then telegraphed Dr. Clarkson to anchor the vessel in the North Channel, near Cape Charles, and hold her in quarantine for further observation. Two new cases of yellow fever were reported on Monday to the directors of health at Jacksonville, Fla., and one death only, that of J. M. Minton at Sand Hills. There are several suspicious cases which are expected to be better defined. More vigorous measures will be taken for the segregation of patients and suspects. Reports sent out of financial stringency in local banks are- erroneous. All the leading banks are well supplied. Greely's bank, which posted sixty days' notice on account of run of savings by refugees, has resumed. The business of the city is light, owing to the stringency of quarantine, but is going on as usual. A thousand pounds of bi-chloride of mercury is to be used by the city for disinfecting. Col. Lester, mayor of Savannah, Ga., is endeavoring to get Surgeon-General Hamilton put in charge of the quarantine of the whole state until frost comes. This can be done by the Secretary of the Treasury, on the request of the governor. If it is done, the expense will be shouldered by the government, and will save the Georgia towns a considerable outlay. Dr. L. S. Posey, of the Louisiana board of health. has been instructed by Surgeon-General Hamilton to visit Orlando, Sanford, and other towns in Florida, and ascertain their condition. Surgeon Putton has arrived at Wayeross, Ga., and assumed charge of the fumigation station there. Dr. Wall, of Tampa, telegraphs to the Marine hospital bureau as follows: Having houses and effects fumigated as sick get well. The authorities are having premises cleaned and disinfected. An infant was lost in a family which was taken with the fever on Monday.

5. August 28, 1888 The Atlanta Constitution Atlanta, GA

Article from The Atlanta Constitution, August 28, 1888

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Article Text

YELLOW FEVER. Its Ravages in the Land of Flowers. THE PEOPLE FLEEING. Atlanta Opens Her Gates to the Refugees. One Death Tuesday. JACKSONVILLE, Fla., August .-Two new cases of yellow fever were reported to the directors of health, and one death only, that of J. M. Minton at Sand Hills. There are several suspicious cases which are expected to be better defined by tomorrow. More vigorous measures will be taken for the segregation of patients and suspects. PLENTY OF BOODLE. Reports sent out of financial stringency in local banks are erroneous. All the leading banks are well supplied. Greely's bank, which posted sixty days' notice on account of run of savings by refugees, has resumed. The business of the city is light, owing to the stringency of quarantine, but is going on as usual. A thousand pounds of bi-chloride of mercury is to be used by the city for disinfecting. There has been no artillery firing tonight on account of the scarcity of primers, and concussion will probably be abandoned. THE SITUATION LOOKS MORE GRAVE, owing to the failure of the authorities to segregate patients promptly and effectually to prevent the formation of a center of infection. Colonel J. J. Daniel, president of the sanitary association, will today organize a sanitary police. He once saved the city from an epidemic of smallpox, and much confidence is placed in him. He will depopulate. WANTED MONEY. The infected parts of the city having heard that the,government had sent $200,000 for distribution among the people of the infected district, some persons came to the city from a hundred miles south of here to receive part of were inwas sulting there the amount. to the nothing relief Many for committee them, of them and when only told very food that for actual sufferers in the city, and would not believe that no government money had been received. Outgoing newspaper mail is now fumigated here. Some refugees have returned from Waycross indignant at the delay in fumigating baggage there, and say that baggage will probably be two weeks in passing the station. Much complaint exists because some physicians do not report suspicious cases promptly. They will probably be prosecuted. JACKSONVILLE, Fla., August 21.-[Special.] Two new cases of fever are reported today, a white boy named Taimes, on Pine street near Ashly, and a white man, Davis Floyd, No. 90 East Church street. Three firemen, attached to the Central station, are reported sick and regarded as suspects. This evening they were removed to suspect quarters at Sand Hills. Waukelyn, the liquor dealer reported sick yesterday, died today.