Article Text
The Pratt National bank has suspended. Inability to make collections is the cause. Money is so scarce that even the banks can't get enough to carry on their business. This thing must re-act soon, and there will be money in circulation.
Pratt County National Bank (Pratt, KS)
Episode Information
- Episode UID
378701095- Episode Type
- Suspension → Reopening
- Bank Type
- national
- Bank ID
-
37870national - Charter Number
- 3787
- Start Date
- March 11, 1891
- Location
- Pratt, Kansas (37.644, -98.738)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
79e332f93e77787c
Response Measures
None
Receivership Details
- Depositor recovery rate
- 70.5%
- Date receivership started
- 1891-04-07
- Date receivership terminated
- 1896-04-01
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 25.3%
- Share of assets assessed as doubtful
- 57.4%
- Share of assets assessed as worthless
- 17.4%
Description
Article gives only initial suspension; no follow-up on receivership or permanent closure, so reopening is plausible but not confirmed.
Events (3)
1.
September 8, 1887
Chartered
- Source
- historical_nic
2.
March 11, 1891
Suspension
- Cause
- Local Shock
- Cause Details
- Inability to make collections; general scarcity of money in the area
- Newspaper Excerpt
- The Pratt National bank has suspended. Inability to make collections is the cause. Money is so scarce that even the banks can't get enough to carry on their business.
- Source
- newspapers
3.
April 7, 1891
Receivership
- Source
- historical_nic
Newspaper Articles (1)
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