Central R. R. & Banking Company

Episode Information

Episode UID: 27425291111
Episode Type: Suspension → Closure
Bank Type: trust
Bank ID: 2742529 hash
Start Date: July 5, 1892
Location: Savannah, Georgia (32.084, -81.100)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f453c92dc4cc2655

Response Measures

None

Events (1)

1. July 5, 1892 Receivership

Newspaper Excerpt: SAVANNAH, July 5.-H. M. Comer has been appointed sole receiver of Central R. R. & Banking Co.
Source: newspapers

Newspaper Articles (1)

1. July 5, 1892 The Providence News Providence, RI

Article from The Providence News, July 5, 1892

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Article Text

THE FINANCIAL NEWS. Market Notes. The rate of sterling exchange are 4.86.7. The rate of demand sterling bills at which gold can be exported to London without loss is 4.88% for bars and 4.891/4 for coin, and the rate at which it an be im ported without loss is 4.83 3-4. NEW YORK-Bank of British North America quotes sterling rates at $4.88a $4.89. SAVANNAH, July 5.-H. M. Comer has been appointed sole receiver of Central R. R. & Banking Co. LONDON, July 5. - Discount % per cent. Exchange on New York-St. Louis, 90 premium; Chicago, 60 premium; Charleston, buying, par a 1-16 premium-selling, ½ a 3-16 premium; Savannab, buying, par-selling, 3/8 premium; San Francisco, sight, 17½ premium - telegraph, 221 premium; New Orleans, commercial, 75 premium-bank. 150 premium.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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