gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cfdbc4113daf1f31
Response Measures
Public signal of financial health
Description
The bank closed for the afternoon during the run but articles give no indication of a formal suspension or permanent closure.
Events (3)
1.January 23, 1882Chartered
Source
historical_nic
2.March 24, 1893Run
Cause
Rumor Or Misinformation
Cause Details
Run described as maliciously started by certain persons with intent to injure the bank.
Measures
Bank closed in the afternoon; officials stated they were prepared to pay every dollar and had $100,000 remaining.
Newspaper Excerpt
A run was started on the Merchants National bank here yesterday morning, and depositors crowded the tellers' windows until the bank closed in the afternoon.
Big Run on a National Bank. DUNKIRK. N. Y.. March 24.-A - run was started on the Merchants National bank here yesterday morning. and depositors crowded the tellers' windows until the bank closed in the afternoon. The oflicials say that the run was maliciously started by certain persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remainng. There is not much alarm felt among he business men.
2.March 24, 1893New-York TribuneNew York, NY
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Article Text
SAY THE RUN WAS STARTED MALICIOUSLY. Buffalo, March 23.-A dispatch from Dunkirk. N. Y., says that a run was started on the Merchants' National Bank there this morning and depositors crowded the teller's windows until the bank closed this afternoon. The officials say that the run was maliciously started by certain persons with intent to injure the bank. They amert timt they are pre.
Run on a Bank. BUFFALO, N. Y., March 24.-A special from Dunkirk, N. Y., says a run was started on the Merchants' National Bank there yesterday morning and depositors crowded the tellers' windows until the bank closed in the afternoon. The officials say that the run was maliciously started by certain persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remaining. There is not much alarm felt among the business men.
4.March 25, 1893Wheeling RegisterWheeling, WV
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Article Text
A Run on a Bank. BUFFALO, N. Y., March 24.-A special from Dunkirk, N. Y.. says a run was started on the Merchants' National Bank there yesterday morning, and depositors crowded the tellers' windows until the bank closed in the afternoen. The officials say that the run was maliciously started by certrin persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remaining. There is not much alarm felt among the business men.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.