Central National Bank (Springfield, MO)

View Charter #3718 on SPMC View balance sheet

Episode Information

Episode UID
371801124
Episode Type
Run Only
Bank Type
national
Bank ID
37180 national
Charter Number
3718
Start Date
August 7, 1893
Location
Springfield, Missouri (37.215, -93.298)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f281af6062109dbc

Response Measures

None

Description

Articles report a city-wide run after the Greene County bank failure but do not name Central National Bank specifically.

Events (3)
1. June 7, 1887 Chartered
Source
historical_nic
2. August 7, 1893 Run
Cause
Local Banks
Cause Details
Failure of the Greene County bank in Springfield triggered heavy withdrawals from other local banks.
Measures
Run abated during the afternoon; no suspension reported.
Newspaper Excerpt
The Greene County bank failed this morning. A run on all the other banks resulted.
Source
newspapers
3. July 28, 1899 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)
1. August 7, 1893 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, August 7, 1893

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Article Text

MORE FAILURES. A. Bank Closes and it General Run is the Result. SPRINGFIELD, Mo., Aug. 7.-Greene County bank failed this morning. No statement. A run on all the other banks resulted. CHICAGO, Aug. 7.- Chicago Iron and Steel company of East Chicago, Indians, has failed. No statement. The plant is nearly new and cost a quarter of a million. It is claimed that the liabilities are less than $100,000. PHILADELPHIA, Aug. 7.-A receiver has been appointed for the Chestnut Hill Iron Ore Co. It is hopelessly insolvent. It was once the manufacturers of pig iron in East Pennsylvania.

2. August 12, 1893 The Herald Los Angeles, CA
Article from The Herald, August 12, 1893

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Article Text

EMBARRASSED BANKS. Suspicious Depositors Cause Trouble at Wheeling and Other Towns. WHEELING, W. Va., Aug. 7.-As the result of the scare created by the assignment of the Exchange bank, a run began on several other banks this morning, but it did not last long. Large deposits were made which counteracted the withdrawals by small depositors, and the run immediately ceased. STURGIS, Mich., Aug. -The directors of the National Bank of Sturgis met today and decided to suspend payment for a short time. The assets will pay liabilities three to one, and the bank will probably reopen soon. SPRINGFIELD, Mo., Aug. 7.-The Greene County bank failed this morning. A heavy run on all the other banks resulted, and continued until the close of business, but abated during the afternoon. It is thought confidence will soon he restored.