Article Text
The Bank Excitement. BALTIMORE, Dec. 20.-The run on the Saving's Bank of Baltimore has entirely ceased, and those who drew out their money are now replacing it. Prompt payment restored confidence.
7384. Savings Bank (Baltimore, MD)
Bank Information
- Episode Type
- Run Only
- Bank Type
- savings bank
- Start Date
- December 20, 1853
- Location
- Baltimore, Maryland (39.290, -76.612)
Metadata
- Model
- gpt-5-mini
- Short Digest
947d173fadbbb08d
Response Measures
None
Description
Article (Washington Sentinel, Dec 21, 1853) reports a run on the Saving's Bank of Baltimore that has ceased and depositors are redepositing after the bank made prompt payments. No suspension or closure is mentioned. OCR shows 'Saving's Bank' in the text; preserved that form.
Events (1)
1.
December 20, 1853
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Run appears driven by depositor nervousness/rumors; bank's prompt payment of withdrawals restored confidence and stopped the run.
- Measures
- Bank made prompt payments to depositors, which restored confidence and led to redeposits.
- Newspaper Excerpt
- The run on the Saving's Bank of Baltimore has entirely ceased, and those who drew out their money are now replacing it. Prompt payment restored confidence.
- Source
- newspapers
Newspaper Articles (1)
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