City Bank (Hartford, CT)

Episode Information

Episode UID
51005070694
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
5100507 routing
Routing Number
51-0050
Start Date
October 14, 1857
Location
Hartford, Connecticut (41.764, -72.685)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7b3f1adbbbde6acd

Response Measures

None

Description

Articles state a collective suspension during the 1857 crisis but do not report reopening.

Events (1)
1. October 14, 1857 Suspension
Cause
Macro News
Cause Details
Banks voted to suspend specie payments 'during the present crisis' as part of wider 1857 financial panic.
Newspaper Excerpt
it was voted that the Hartford, Phenix, City, State and Farmers' Banks suspend specie payments.
Source
newspapers

Newspaper Articles (3)
1. October 15, 1857 The New York Herald New York, NY
Article from The New York Herald, October 15, 1857

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Article Text

BANK SUSPENSIONS IN HARTFORD, CONN. HARTFORD, Oct. 14, 1857. At a meeting of bank officers this morning, 11 was veled that the Hartford, Phoen'x, City, State and Farmers' Banks suspend specie payments. The Connecticut River Bank has not suspended. There is no excitement.

2. October 15, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 15, 1857

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Article Text

BANK SUSPENSIONS IN HARTFORD, CONM. HARTFORD, Wednesday, Oct. 14, 1857. At a meeting of bank officers this merning it was voted that the Hartford, Phenix, City, State and Farmers' Banks suspend specie payments. The Connecticut River Bank has not suspended. There is no excitement. SUSPENSION OF THE PORTLAND BANKS. PORTLAND, ME., Wedneeday 14, 1857. All our city banks suspended specie payments today.

3. October 15, 1857 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 15, 1857

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Article Text

ing interests, ite suspension would throw out of canployment nearly & thousand persons. The bank euspersion created very little excitement. The Massachusetts Bank, the only one refusing to join in the suspension, declares its intention to continue specie payments permanently. BANGOR, Me., Wednesday, Oct. 14, 1857. At a meeting of Bank Directors, held herethis afternoon, it was voted to suspend specie payment during the present crisis. Resolutions were also passed expressing confidence in the Suffolk Bank system, and refusing to take bills not redeemed in Boston. BANK SUSPENSIONS IN HARTFORD, CONM. HARTFORD, Wednesday, Oct. 14, 1857. At a meeting of bank officers this merning it was voted that the Hartford, Phenix, City, State and Farmers' Banks suspend specie payments. The Connecticut River Bank has not suspended. There is no excitement.