West Branch Bank (Williamsport, PA)

Episode Information

Episode UID
2980457490694
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
298045749 hash
Start Date
October 29, 1857
Location
Williamsport, Pennsylvania (41.240, -77.036)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1fd0ec4f436e5a83

Response Measures

None

Description

Articles show a state-wide suspension of specie payments in 1857; reopening is not documented here.

Events (1)
1. October 29, 1857 Suspension
Cause
Macro News
Cause Details
Collective suspension of specie payments by banks across the commonwealth during the 1857 financial panic.
Newspaper Excerpt
during the suspension of specie payments, by the Banks of this Commonwealth
Source
newspapers

Newspaper Articles (2)
1. November 25, 1857 The Star of the North Bloomsburg, PA
Article from The Star of the North, November 25, 1857

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Article Text

At a Meeting of the Presidents of the Danville, Norihumberland, Lewisburg, West Branch, Lock Haven, and Jersey Shore Banks, at Williamsport, on the 29th ult., it was resolved that during the suspension of-specie payments, by the Banks of this Commonwealth, they did not deem it expedient to make any arrangements with the city Banks for The redemption of their notes, or suma of specie in Philadelphia to keep their notes at par.

2. November 25, 1857 The Star of the North Bloomsburg, PA
Article from The Star of the North, November 25, 1857

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Article Text

At a Meeting of the Presidents of the Danville, Northomberland, Lewisburg, West Branch, Lock Haven, and Jersey Shore Banks, at Williamsport, on the 29th ult., it was resolved that during the suspension of specie payments, by the Banks of this Commonwealth, they did not deem it expedient to make any arrangements with the city Banks for the redemption of their notes, or sums of specie in Philadelphia to keep their notes at par.