6920. Citizens Bank (North Topeka, KS)

Bank Information

Episode Type
Run → Suspension → Unsure
Bank Type
state
Start Date
February 1, 1878
Location
North Topeka, Kansas (39.072, -95.667)

Metadata

Model
gpt-5-mini
Short Digest
b23af098

Response Measures

Full suspension

Description

Multiple articles (Feb 1–8, 1878) report heavy runs in the region after failures in Kansas City and that the Citizens Bank of North Topeka 'closed its doors' / 'suspended' owing $26,000 and 'will be able to resume in ten days.' A definitive reopening is not reported in these items, so I classify as run → suspension with uncertain reopening. Bank type not specified in articles.

Events (2)
1. February 1, 1878 Run
Cause
Local Banks
Cause Details
Runs were triggered by failures of the First National Bank and Commercial National in Kansas City, producing heavy runs in the region including Topeka/North Topeka.
Measures
No specific emergency measures described for Citizens Bank in these articles.
Newspaper Excerpt
the excitement reached Topeka, causing the suspension there of the Topeka Savings Bank, with liabilities of $140,000, and the Citizens' Bank of North Topeka, with liabilities of $26,000.
Source
newspapers
2. February 1, 1878 Suspension
Cause
Local Banks
Cause Details
Suspension occurred in the wake of runs and the collapse/failures of other Kansas City banks (First National and Commercial National).
Newspaper Excerpt
The Citizens Bank, of North Topeka, Kansas, suspended yesterday, owing $26,000.
Source
newspapers

Newspaper Articles (4)
1. February 2, 1878 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, February 2, 1878

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Article Text

TELEGRAPHIC TICKS. Russian troops are continually arriving at Jassy. There is no change to note in price of Chicago whisky. There is a steady demand for wool in the Philadelphia market. The Citizens' bank of North Topeka, Kansas, has closed for repairs. There was a heavy run on the savings bank at Port Jervis, N. Y., yesterday. The Merchants' National bank of Fort Scott, Kansas, closed its doors yesterday. A fire at Napiersville, Quebec, on Friday, burned Landrie's steam mill; no insurance. Joseph Woods, for the murder of Stephen Woods, was hung at Malone, N. Y., yesterday. The cases of the Chicago whisky crooks will come up for" trial to-day before Judge Drummond. The Providence County savings bank, at Pawtucket, R. I., is enjoined from doing further business. The burning of ten wooden buildings at Glover's Corners, Mass., on Friday, caused a loss of $30,000. The wife of a Canadian laborer at St. Benoit has given birth to twins united like the Siamese twins. Hobart Pasha's fleet has arrived at Constantinople from Batoum, bringing a large part of the garrison. Bursiness was entirely suspended in Boston, Thursday, by a snow storm, which was the most severe in ten years. The brig Chattanooga went ashore, Thursday, off the coast of Maryland, and the captain, second mate and a seaman were drowned. A negro named Philip Watson, who murdered his wife with a hatchet, last September. at Covington, Ky., was hanged. Friday, in presence of 5,000 spectators. e The manufactory of T. M. Holmes, at Charlestown, Mass., was destroyed by fire on Friday; loss $230,000. Adjacent buildings were damaged to the extent of $20,000. Wm. Weiners, who shot and killed A. V. Laurence, a barkeeper in the Theatre Comique, St. Louis, over a year ago, was hung in the jail yard of that city Friday morning. The rear end of a freight train bound east on the Lake Shore & Michigan Southern railroad, was run into by a snow plow propelled by two engines, near Ashtabula, Ohio, Friday. Both engines and four cars were wrecked. Joseph Brant and Geo. Clemens were killed, and John Sutter, Tim Sullivan and a fireman named Jones, were badly injured.

2. February 2, 1878 The New York Herald New York, NY
Article from The New York Herald, February 2, 1878

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Article Text

TELEGRAPHIC NOTES. The Citizens Bank, of North Topeka, Kansas, suspended yesterdav, owing $26,000. A large meeting of the Memphis Chamber of Commerce yesterday endorsed the Bland Silver Bill. Great excitement exists at Fort McKenney, Wy. T., over the discovery of gold bearing quartz on Crazy Woman's Creek, twenty-Ave miles from that post. The Boston Traveller says: There is truth in the rumor of an over issue of the Stock of the Bates' Manufacturing Company." Near Ironton, Ohio, yesterday, Philip Wenzel shot and mortally wounded his wile. wounded his son and daughter and put a ball into his own head. Ford W. Davis and James A. Demaris arrested on suspicion of connection with the murder of Armstrong, at Camden, N. J., were bailed yesterday. Hunter is held. The Coroner's inquest begins to-day. Government suits for revenue frauds against Roelie, Junker & Co. and other distillers have been transferred to Judge Drummond's Court, Chicago, and trials will be commenced to day. The Committee on Schools in the New Haven Board of Education last nigot made a report sustaining the recent action of the Board, discontinuing religious exercises in the city schools. It was adopted by the Board. On the Lake Shore Railroad yesterday, near,Ashtubula, Ohio, a freight train was run into by an engine moving a snow plough. Two engines and four cars were wrecked. Joseph Brant and George Clemens, of Erie, Pa., were Killed, and John Sulter, Tom Sullivan and Jones, a fireman, injured.

3. February 7, 1878 The Manitowoc Pilot Manitowoc, WI
Article from The Manitowoc Pilot, February 7, 1878

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Article Text

THE WEST. THE objectionable feature of the Utah divorce law has beeen repealed. Hereafter bona fide residence in the territory for at least one year will be necessary before ob> taining a divorce. THE nephews and nieces of the late Frank Nevin, of Detroit, a wealthy tobacconist, are fighting over the will. THE Central branch of the Union Pacific railroad is now running trains 150 miles west of Atchison, Kansas. GEN. MILES reports from Tongue river that the main body of his command has has taken the field, and he only waits for 150 recruits from Fort Snelling before proceeding in person against Sitting Bull, who, he confidently believes, is in United States territory. His force will operate from Fort Peck as a central point. WM. WEINERS who shot and killed A. V. Lawrence, bar-keeper, in the saloon of the Theatre Comique, St. Louis, in January, 1877, was hung in the jail yard at St. Louis, on the 1st inst. THE Citizens' Bank of North Topeka, Kansas, closed its doors on the 1st inst.; but they only owe $26,000, and will be able to resume in ten days. THE Topeka, Kan., Savings Bank suspended on the 31st ult. Deposits, $140; notes, discounts and stocks, $225,000; real estate, $65,000. An assignment will be made. THE Sentinel at Yuma, Arizona, denies that the Southern Pacific Railroad Company is accumulating a large quantity of material at Yuma, destined for pushing the road through Arizona. THE First National Bank of Kansas City, suspended on the 30th ult., causing a slight run on other banks. MAJOR WALSH, commandant of Fort Walsh, Can., states that at no time since his arrival, has Sitting Bull crossed the line to American soil. The movement without his knowledge would be impossible, and he would promptly advise Gen. Gibbon in that event.

4. February 8, 1878 The Emporia News Emporia, KS
Article from The Emporia News, February 8, 1878

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Article Text

The failure of the First National Bank of Kansas City on the 29th ult. was followed by the failure of the Commercial National, and heavy runs on the other banks there, but the rest stood the presure. The First National has liabilities to the amount of about $650,000, and the Commercial of about $125,000. February 1st the excitement reached Topeka, causing the suspension there of the Topeka Savings Bank, with liabilities of $140,000, and the Citizens' Bank of North Topeka, with liabilities of $26,000. Both promise to resume again. On the 2d the Merchants' National Bank at Fort Scott suspended, with liabilities of about $150,000. Since the above was put in type the Topska Savings Bank, under an arrangement with its depositors, has resumed business.