Bank of Pottstown (Pottstown, PA)

Episode Information

Episode Type
Suspension → Reopening
Start Date
November 23, 1860
Location
Pottstown, Pennsylvania (40.245, -75.650)
Bank Type
state

Metadata

Episode ID
Bank ID
City ID
421214003
Model
gpt-5-mini
Short Digest

Notes

Sources report suspension of specie payments but give no info on permanence; outcome uncertain.

Events (1)
1. November 23, 1860 Suspension
Cause Details
Suspension of specie payments announced; notes to be redeemed in Philadelphia.
Newspaper Excerpt
The Bank of Pottstown has suspended specie payments. Its notes will be redeemed in Philadelphia.
Source
newspapers

Newspaper Articles (3)
1. November 24, 1860 Daily Intelligencer Wheeling, WV
Article from Daily Intelligencer, November 24, 1860

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Article Text

POTTSTOWN, Pa., Nov. 23.-The Bank of Pottstown has suspended specie payments. Its notes will be redeemed in Philadelphia.

2. November 26, 1860 Richmond Daily Whig Richmond, VA
Article from Richmond Daily Whig, November 26, 1860

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Article Text

THE POTTSTOWN BANK

POTTSTOWN, Pa., Nov. 23.-The Bank of Pottstown has suspended specie payments. Its notes will be redeemed in Philadelphia as heretofore. GOV. WISE.

3. November 30, 1860 Bedford Inquirer Bedford, PA
Article from Bedford Inquirer, November 30, 1860

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Article Text

POTTSTOWN, Pa., Nov. 23.-Tho Bank of Pottstown "has. suspended specie payment. Its notes will be redeemed in Philadelphia as heretsfore.