Bank of Pottstown (Pottstown, PA)

Episode Information

Episode UID
6346762490731
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
634676249 hash
Start Date
November 23, 1860
Location
Pottstown, Pennsylvania (40.245, -75.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3469fda97dfa49f0

Response Measures

None

Description

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.