Dime Savings Bank - Chicago, IL

Episode Information

Episode UID: 6626048291196
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 662604829 hash
Start Date: August 31, 1899
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: a7d17e86fa2f8fb6

Response Measures

None

Events (1)

1. August 31, 1899 Receivership

Newspaper Excerpt: Ralph Metcalf, receiver for Dime Savings bank, $290,000.
Source: newspapers

Newspaper Articles (1)

1. September 1, 1899 The Daily Morning Journal and Courier New Haven, CT

Article from The Daily Morning Journal and Courier, September 1, 1899

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Article Text

Liabilities $1,433,137, Assets Nothing. Chicago, Aug. 31.-August Jernberg, a local real estate dealer, to-day confessed bankruptcy, placing his liabilities at $1,433,137 without assets. The principal creditors are: Union National bank, Chicago, $59,050; S. A. Tolman, $205,906; Illinois Land and Loan company, $245,341; Ralph Metcalf, receiver for Dime Savings bank, $290,000.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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