gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
72cd4a9ec8f2cf56
Response Measures
None
Description
Article says the bank will soon be open after a panic, reopening implied but not explicitly dated.
Events (2)
1.August 6, 1902Chartered
Source
historical_nic
2.April 30, 1908Suspension
Cause
Macro News
Cause Details
Closure caused by a local/national panic (article: the panic is about over).
Newspaper Excerpt
the panic is about over; the First National Bank will soon be open.
Source
newspapers
Newspaper Articles (2)
1.April 30, 1908The Jasper NewsJasper, MO
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Article Text
Neighborhood Talk. It seems like the rainy weather is over. The farmers are getting ready to go to farming again. Mr. Cotton purchased a horse from Leslie Lawless last week. Mat Griffith says the panic is about over; the First National Bank will soon be open. Mart Smith made a business trip to Lamar last week. Mrs. C. S. Miller is progressing fine. Ray Brous called on some friends in Victory neighborhood Sunday. Clarence Taylor says rat poison will kill ducks the same as rats, because he has tried it. Mies Della Brouse closed a very successful term of school Friday. Miss Nora Lawless is attending school ot Springfield. Bert Quillen is at home, a graduate of the business college at Pittsburg. Mr. and Mrs. Clarence Tyler spent Saturday night and Sunday with C. A. Cline.
2.March 9, 1933Mound City News-IndependentMound City, MO
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Article Text
CITIZENS CALM DURING EMERGENCY
Exchange Bank Suspended Operations In Conformity Presidential Proclama- tion.
The Banks of Holt County suspended normal morning to conform Saturday with state wide holiday order a issued by Governor Guy Park. for Since that time President of Roosevelt has issued a proclamation all the banks closing the United States for a period ending Friday, March 10. The local banks have followregulations ordering them laid down by the secreclose, of the treasury. Some have tary remained open during regular hours for the purpose banking of making change. There is no cause for any alarm the local regarding tion as all the Holt County banks are believed to be in cellent condition. has been convened Congress special session beginning today (Thursday) and acnoon cording to radio reports have legislation conferring passed extraordinary to Presipowers dent Roosevelt, trol all banks until this emeris safely past. The spirit fortitude and patience with which the people this community and the tire has reacted to the country bank holiday, has emergency been surprising. individuals and busiMany houses found themselves ness with small amount of only hand when the currency on bank went into effect. holiday St. Business has been retarded to extent. Merchants some most cases have accepted checks for the exact amount but have been purchases tant to let loose of any currenor silver in change. Bank here The Exchange to be strong as known is anywhere, and bank there must be attributed its closing solely to the the nation. ditions throughout thing that Now the only to await the order to with patience banks after the the open and regulational adjustments formulated and tions have been issued.
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.
