gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
09f5621d454e4fcd
Response Measures
None
Events (1)
1.April 19, 1854Run
Cause Details
Article does not specify a trigger or cause for the run; only reports it has ceased and depositors are satisfied.
Measures
Reassurances to depositors that the bank can meet demands (implicit)
Newspaper Excerpt
The run upon the National Savings Institute has stopped Depositors being satisfied that the bank will be able to meet all demands.
Source
newspapers
Newspaper Articles (1)
1.April 26, 1854The Miners' ExpressDubuque, IA
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Article Text
The run upon the National Savings Institute has stopped Depositors being satisfied that the bank will be able to meet all demands. New York, April 19.
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.