gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a21b5a396517fbca
Response Measures
None
Description
Article names a Merchant's Savings bank in Pittsburg on Nov 12, 1873; name differs slightly from provided bank.
Events (1)
1.November 12, 1873Suspension
Cause Details
Article reports suspension only; no cause provided.
Newspaper Excerpt
The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.
Source
newspapers
Newspaper Articles (1)
1.November 13, 1873Ottumwa Weekly CourierOttumwa, IA
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Article Text
PITTSBURG, Nov. 12.-The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
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Merchants Savings & Trust Company · UID 4919693690887