Howard Savings Institution (Newark, NJ)

Episode Information

Episode Type
Run Only
Start Date
November 19, 1890
Location
Newark, New Jersey (40.736, -74.172)
Bank Type
savings
Routing Number
55-0003

Metadata

Episode ID
Bank ID
City ID
340878762
Model
gpt-5-mini
Short Digest

Events (3)
1. November 19, 1890 Run
Cause Details
Newspapers describe a depositor panic among poorer classes but give no specific trigger or allegation of insolvency.
Measures
Paid out deposits promptly to all who demanded funds; bank officials publicly stated solvency.
Newspaper Excerpt
There was a run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it.
Source
newspapers
2. November 21, 1890 Other
Newspaper Excerpt
The run on the Howard Savings bank still continues.
Source
newspapers
3. November 22, 1890 Other
Newspaper Excerpt
The run on the Howard Savings Bank is apparently over. Every depositor who has wished it has been paid in full.
Source
newspapers

Newspaper Articles (10)
1. November 20, 1890 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, November 20, 1890

Click image to open full size in new tab

Article Text

Can Pay in Full. NEWARK, N. J., Nov. 19.-There was a run on the Howard Savings institution today. Money was paid out as last as the clerks could count it. President Frelinghuysen says the bank can pay every depositor in full and have a million dollars left.

2. November 20, 1890 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, November 20, 1890

Click image to open full size in new tab

Article Text

A Run on a Bank. NEWARK, N. J., Nov. 19.-There was a run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it. President Frelinghuysen says the bank can pay every depositor in full, and have a million dollars left.

3. November 20, 1890 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, November 20, 1890

Click image to open full size in new tab

Article Text

Run on a Newark Savings Bank. NEWARK, N. J., Nov. 19.-There was & run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it. President Freling. huysen says the bank can pay every depositor in full and have a million dollars left,

4. November 20, 1890 The Stark County Democrat Canton, OH
Article from The Stark County Democrat, November 20, 1890

Click image to open full size in new tab

Article Text

n Run on a Savings Bank. NEWARK. N.J., run on the Howard Savings bank continues, but all comers me promptly paid. The susnit says it have plenty of money. A number of leading made de. posity in " this morning.

5. November 21, 1890 New-York Tribune New York, NY
Article from New-York Tribune, November 21, 1890

Click image to open full size in new tab

Article Text

THE PANIC IN NEWARK SUBSIDING. The run on the Howard Savings Bank of Newark was continued yesterday by the poorer class of depositors. It was evident, however, that the panic had subsided, and that in a day or two the affairs of the bank would resume their normal condition. The

6. November 22, 1890 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, November 22, 1890

Click image to open full size in new tab

Article Text

Howard Savings Bank Run Ended. NEWARK, N. J., Nov. 22.—The run on the Howard Savings Bank is apparently over. Every depositor who has wished it has been paid in full.

7. November 22, 1890 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 22, 1890

Click image to open full size in new tab

Article Text

The Run Still Continues. NEWARK, N. J., Nov. 21.—The run on the Howard Savings bank still continues.

8. November 23, 1890 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, November 23, 1890

Click image to open full size in new tab

Article Text

Newark's Bank-Bus Abated. (By telegraph to the Dispatch.] NEWARK, N. J., November 22.-The run on the Howard Savings Bank has considerably abated this morning, confidence being restored. Many depositors are returning their money.

9. November 23, 1890 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, November 23, 1890

Click image to open full size in new tab

Article Text

The Run on the Howard Savings Bank. NEWARK, Nov. 22.-The run on the Howard Savings bank considerably abated this morning. Many of the depositors are returning money.

10. November 27, 1890 Spokane Falls Review Spokane, Spokane Falls, WA
Article from Spokane Falls Review, November 27, 1890

Click image to open full size in new tab

Article Text

Run Slightly Abated. NEWARK, N. J., Nov. 22-The run on the Howard Savings bank was considerably abated this morning, many depositors returning their money.