3344. Bankers Trust Company (Des Moines, IA)

Bank Information

Episode Type
Run Only
Bank Type
trust company
Start Date
December 30, 1926
Location
Des Moines, Iowa (41.601, -93.609)

Metadata

Model
gpt-5-mini
Short Digest
1741ba36

Response Measures

Accommodated withdrawals

Description

Multiple contemporaneous newspaper dispatches (Dec 30–31, 1926) report a three-day run on the Bankers Trust Company of Des Moines that had subsided. No suspension, receivership, closure, or special remedial measures are mentioned in the articles, so classified as run_only. Cause is not specified beyond started almost without warning, so coded as 'other'.

Events (1)

1. December 30, 1926 Run
Cause Details
Articles report withdrawals began almost without warning and describe long lines; no specific rumor, misinformation, correspondent failure, or bank-specific insolvency cited.
Newspaper Excerpt
A three-day run on the Bankers' Trust Company bank of Des Moines ... had apparently subsided today. Withdrawals started at the bank almost without warning Monday morning. Only slight run was made Tuesday but yesterday long lines again formed at the windows.
Source
newspapers

Newspaper Articles (5)

Article from Lincoln Journal Star, December 30, 1926

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Article Text

RUN SUBSIDES Long Lines Formed at Windows of Bankers Trust, Des Moines, Diminish. DES MOINES, Dec. three-day the bank Des Trust Moines, of the banking in the city, had apparently subsided today An hour after the opening of the bank only the usual number of custransacting started the bank almost without warning Monday morning Only light run was made Tuesday but yesterday long lines again formed The capitalized at 000 and deposits apholds the thrift of the school children of Des Moines. State funds totaling are also deposited


Article from The Hastings Daily Tribune, December 30, 1926

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Article Text

STILL Started Without WarningContinued Three DaysLargest in Des Moines. DES MOINES, Ia., Dec. 30-(U.P) three-day run on the Bankers' Trust Company Bank, Des Moines, one of the largest banking institutions in the city had apparently subsided today. An hour after the opening of the bank only the usual number of customers were transacting business. Withdrawals started at the bank almost without warning Monday morning Only slight run' was made Tuesday but yesterday long lines formed at the windows. The bank. capitalized at $1,000,000 carrying deposits of approximately holds the thrift savings of the school children of Des Moines. Stae funds totaling ed $200,000 are also depositthere.


Article from The Omaha Daily News, December 30, 1926

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Article Text

And Childe Scores "Selfish Viewpoint" of That Newspaper. In letter forwarded today to the editor of the Washington Post. which some politicians have ferred to the of the Childe, of traffic bureau the Omaha Commerce branded the editorial which peared the paper December 23 and which ferred the actions advocates of upper Missouri "log rolling' an article norant The editorial. entitled "Seaports the Prairies referred the Missouri river one erable than depth implied that the recently passed congress money "In spite read editorial Major General chief of the engineers the army the scheme expend the creation channel the Sioux City and Kansas City as treme doubtful value. congress included authorization $12. the project. Raps Chambers of Commerce. spending million two an effort meet the demands Iowa and Nebraska voters still dream loading their wheat and corn deep ships from elevators Omaha and Sioux (Turn to Page 2, Column Please) RUN ON BANK ENDS Des Moines, Dec. three-day run on the Bankers' Trust company bank Des Moines, one of the largest banking in the city, had apparently subsided today The bank, capitalized at $1,000,000, and deposits $4,679,910 hold Des Moines school children's thrift savings and state funds taling


Article from York News-Times, December 30, 1926

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Article Text

Three-Day Run on Bank in Iowa Subsides Today DES MOINES. Ia., Dec. 30. (U.P.L. A three-day run on the Bankers Trust company bank of Des Moines, one of the largest banking institutions in the city, had apparently subsided today An hour after the opening of the bank only the usual number of eustomers were transacting business. Withdrawals started at the bank almost without warning Monday morning. Only a light run was made Tuesday but yesterday long lines again formed at windows. The bank, capitalized at $1,000,000 and carrying deposits of approximately $4,679,910. holds the thrift savings of the school children of Des Moines. State funds totaling $200;are also deposited there.


Article from Kearney Hub, December 31, 1926

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Article Text

HEAVY RUN ON BANK SUBSIDES No Warning of Withdrawals In Des Moines Bank. Des Moines, Iowa. Dec. 31.-A threeday run on the Bankers Trust company bank of Des Moines, one of the largest banking institutions in the city, had apparently subsided Thursday. An hour after the opening of the bank only the usual number of customers were transacting business, Withdrawals started at the bank almost without warning Monday mornIng. Only light run was made Tuesday. but Wednesday long lines again formed at the windows The bank, capitalized at $1,000,000 and carrying deposits of approximately $4,670,910 holds the thrift savings of the school children of Des Moines. State funds totaling $200,000 are also deposited there. ENCOURAGE DEBATING. Lincoln, Dec. 31.-The Nebraska Bar Association Thursday adopted resolutions urging closer association with the Nebraska high school debating league as means of educating the public to a keener appreciation of the liberties and privileges of the constitution. Members of the bar associa tion hereafter will serve as judges of high school debates without charge and the association will offer a. $25 silver trophy to the state debate winner.