East End Savings Bank Company (Cleveland, OH)

Episode Information

Episode UID
5234316091122
Episode Type
Run Only
Bank Type
savings
Bank ID
523431609 hash
Start Date
June 7, 1893
Location
Cleveland, Ohio (41.499, -81.695)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
91dce413bbb070fb

Response Measures

None

Description

Articles attribute the withdrawals to uneasiness over failures in other cities rather than bank-specific insolvency.

Events (1)

1. June 7, 1893 Run
Cause
Local Banks
Cause Details
Withdrawals prompted by uneasiness and rumors arising from failures of banks in other cities.
Measures
Many depositors were promptly paid; offers of assistance from other city banks were refused by officers.
Newspaper Excerpt
A run is in progress on the St. Clair street branch of the East End Savings Bank Company.
Source
newspapers

Newspaper Articles (4)

Article from The Wheeling Daily Intelligencer, June 8, 1893

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Article Text

A Bank Run at Cleveland. CLEVELAND, June 7.-A run is in progress on the St. Clair street branch of the East End Savings Bank Company. Many depositors were promptly paid. Offers from other city banks were received, but refused by the officers, who said their bank was entirely solvent and able to care for itself. The depositors are confined almost exclusively to workingmen. No cause is assigned, except rumors due to failures in other cities.


Article from The Times, June 8, 1893

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Article Text

THE BANK "RUN" CRAZE. Raid on a Cleveland Bank-Several Other Small Failures. CLEVELAND O., June 7.-A run is in progress on the St. Clair street branch of the East End Savings Bank Company. It began yesterday afternoon and was opened this morning with increased vigor. Many depositors were promptly paid. Offers from other city banks were received but refused by the officers, who said their bank was entirely solvent and able to care for Itself. The depositors are confined almost exclusively to workingmen. No cause is assigned except uneasiness due to failures in other cities.


Article from The Morning News, June 8, 1893

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Article Text

A RUN ON A SAVINGS BANK. Cleveland Workingmen Drawing Out Their Deposits on a Scare. Cleveland, O., June 7.-A run is in progress on the St. Clair street branch of the East End Savings Bank Company. It began yesterday afternoon and was opened this morning with increased vigor. Many depositors were promptly paid. Offers from other city banks were received, but refused by the officers, who said their bank was entirely solvent and able to care for itself. The depositors are confined almost exclusively to workingmen. No cause is assigned except uneasiness due to failnres in other cities.


Article from New-York Tribune, June 8, 1893

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Article Text

RUN ON A CLEVELAND BANK. Cleveland, June 7.-A run was in progress today on the St. Clair-st. branch of the East End Savings Bank Company. It began yesterday afternoon, and was opened this morning with increased vigor. Many of the depositors were promptly paid. Offers from other city banks were received, but refused by the officers, who said their bank was entirely solvent and able to care for itself. The depositors are confined almost exclusively to workingmen. No cause is assigned except rumors due to failures in other cities.