6924. Farmers State Bank (Oberlin, KS)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
March 10, 1902
Location
Oberlin, Kansas (39.818, -100.528)

Metadata

Model
gpt-5-mini
Short Digest
9e189ca7

Response Measures

Accommodated withdrawals

Description

Newspapers (Mar 10–12, 1902) report a run at Farmers' State Bank, Oberlin, KS started by maliciously circulated reports/rumors. The bank paid all checks, closed with more than usual currency, and remained able to meet demands. No suspension or closure mentioned.

Events (1)
1. March 10, 1902 Run
Cause
Rumor Or Misinformation
Cause Details
Run started by maliciously circulated reports/rumors by 'enemies' of the bank.
Measures
All checks presented were promptly paid; bank closed at night with more than the usual amount of currency on hand.
Newspaper Excerpt
The run was started by reports circulated by enemies of our bank for malicious purposes. It has not inconvenienced us and we are in position to pay every depositor his money on demand.
Source
newspapers

Newspaper Articles (2)
1. March 10, 1902 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, March 10, 1902

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Article Text

The Bank Was Sound. Oberlin, Kan., March 10.-A run on the Farmers' State bank started here Saturday. All checks presented were promptly paid and at night, owing to the fact that deposits of considerable amounts were made, the bank closed with more than the usual amount of currency on hand. The cashier, John O'Grady, said: "The run was started by reports circulated by enemies of our bank for malicious purposes. It has not inconvenienced us and we are in position to pay every depositor his money on demand.

2. March 12, 1902 Phillipsburg Herald Phillipsburg, KS
Article from Phillipsburg Herald, March 12, 1902

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Article Text

Started by Malicious Persons. Oberlin, Kan., March 10.-A run on the Farmers' state bank here was started. All checks presented were promptly paid and owing to the fact that deposits of considerable amounts were made, the bank closed with more than the usual amount of currency on hand. The cashier, John O'Grady, said: "The run was started by reports circulated by enemies of our bank and for malicious purposes. It has not inconvenienced us and we are in position to pay every depositor his money on demand."