J. R. Dick & Company (Meadville, PA)

Episode Information

Episode UID
7404862191123
Episode Type
Run Only
Bank Type
trust
Bank ID
740486219 hash
Start Date
July 13, 1893
Location
Meadville, Pennsylvania (41.648, -80.148)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c40830cf0b5e51b8

Response Measures

None

Description

Bank closed temporarily on day of cashier's suicide; articles state the firm was solvent and able to pay depositors.

Events (2)

1. July 13, 1893 Run
Cause Details
Articles report a heavy run but do not specify a trigger (rumor, correspondent failure, or local shock).
Measures
Bank closed the following day on account of the suicide; officers held a meeting and announced the bank was solvent.
Newspaper Excerpt
A heavy run on the bank yesterday caused the act.
Source
newspapers
2. July 14, 1893 Other
Newspaper Excerpt
The bank is closed today on account of the tragedy.
Source
newspapers

Newspaper Articles (11)

Article from San Antonio Daily Light, July 14, 1893

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A Banker Suicides. 14.-A PHILADELPHIA, July special from Meadville, Pa., says: "A. F. Dick, of the banking firm of J. R. Dick & Co., suicided this morning. A heavy run on the bank yesterday caused the act."


Article from Grand Rapids Herald, July 15, 1893

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BANKER SHICLDER May Have Peared Mia Bank Would Have Collapeed Under a Run MEADVILLE, Pa. July 14-A very son. national tragedy occurred here today and the excitement It created recalls the scenes when the failure of the Dels. mater bank was asnounced Stun T. Dick. a member of the well-known bank. ing firm of J. R Dick & Co., this morning committed suicide by abouting him. solt with a revolver. There was a run on the bank yesterday. but it was promptly niet and the officials were con. tident that it would BOOD cense. Sturgie Dick did not seem to be disturbed by the run and therefore the announce ment that be had killed himself caused great surprise. The bank is closed to. day and a notice on the door saya that it is closed on account of the death of Mr. Dick.


Article from The Wheeling Daily Intelligencer, July 15, 1893

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NEWS NUGGETS. Zola, the novelist. has been appointed an officer of the Legion of Honor. The reported existence of cholera in certain portions of North Carolina is officially denied. Governor Waite, of Colorado, sticks to his incendiary silver speech, and says he meant every word he uttered. The Florida agricultural college has conferred the degree of LL. D. on Hoke Smith, secretary of the interior. that it is the It is said intention reorganize of the Populist government to the Kansas militia in the interest of the Populists. Vice President Stevenson and party were received at Los Angeles, California, yesterday. There was no public demonstration. Frank Ives is matched against the English champion billiardist John Rob. erts, to" play in Chicago in September for $1,000 a side. Grant Ward, colored, assaulted the wife of ex-Jailer Gault, of Maysville, Ky., yesterday. Ho was jailed in default of $5,000 bail. The total number of fourth-class postmasters appointed yesterday was 119, of which thirty were to fill vacancies caused by resignations and death. S.T. Dick, of the banking firm of J. R. Dick & Co., Meadville, Ps. suicided yesterday morning. A heavy run on the bank the day before caused the act. Three German anarchists named Mullock, Peuckert and Erb have been expelled from Switzerland by order of the government. The Buckeye Cyclo Company, Cincinnati, failed yestorday. Assets $81.000; liabilities $50,000. The cause of the failure is the stringency of the money market. The British house of commons has agreed on an address of congratulation to be presented to the queen upon the recent marriage of the duke of York and Princess May. The Kansas City national bank suspended payment vesterday. The suspension was caused by the withdrawal of deposits since the beginning of the financial stringency. The bank is said to be solvent with assets between two and three million dollars and liabilities of one million. In the unfinished races at Homewood Park, Pittaburgh, yesterday Fides Stanton won the Newell House stakes. Time 2:15. In the pacing race Jennie Wilkes won. Time 2:17. The winners of the scheduled races were: Silver Star, best time 2:10). Atlantic King, best time 2:13. Phoebe Wilkes, best time 2:13. ) The treasury department yesterday decided to enforce the customs act I which has been n dead letter, and which provides that 91 the appraised n value of goods should exceed the value declared in the entry more than forty per cent, the entry may be held to be prosumptively fraudulent and the collector may seize the merchandise. t Concerning the arrival of the British brig Darma, from Havann, in Hampton Roads, with her captain dead and three 1 of her crow down with yollow fever, Surgeon General Wyman, of the marine hospital service, says the quarantine to any a station is ample handle invΓ‘sion of of that kind, and there is no danger the disease spreading inland.


Article from The Anaconda Standard, July 15, 1893

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Leys, The Jeweler, OWSLEY BLOCK. PEOPLE AND PLACES NEWBURG, N. Y., July 14. -Julia Michael and Charles Sistare, of the wounded in yesterday's wreck on the West Shore. died last night. TONAWANDA. N. Y., July 14.-The strike of the lumber shovers ended in the unconditional surrender of the men, who will seek work as individuals. WASHINGTON, July 14.--There has been a daily gain in the gold reserve this week. to-day the increase being $285,228, which brings the total up to $98,378,369. MEADVILLE, Pa., July 14.-S. D. Dick, of the banking firm of J. R. Dick & Co., suicided this morning. A heavy run on the bank yesterday was the cause. NEW YORK, July 14.--A cable dispatch received at a late hour to-day said: There has been taken from the Bank of England for shipment to America, Β£175,000 in gold. INDIANAPOLIS, July 14.-The Baptist Young People's convention resumed work this morning. The early religious services and committee meetings were followed by the regular convention. WASHINGTON, July 14.-The acting director of the mint to-day purchased some silver, but, for good and sufficient business reasons. declined to give out either the amount bought or the price paid, until to-morrow. BUZZARD'S BAY, Mass., July 14.-Other than taking a drive over to the Buzzard's Bay postoffice, in company with Dr. Bryant, President Cleveland passed a very quiet day at Gray Gables. Colonel Inmont left for New York to-day. Dr. Bryant will remain a few days longer. CADDO. I. T.,July 14.--Inspector Far. son of the interior department, has arrived here to consult with Governor Jones about the proposed execution of the condemned Choctaws and will try to persuade him to forego the executions. If Jones adheres to his alleged determination to execute the condomned men. bloodshed will undoubtedly result. PRMBERNILLE, Ohio, July 14.--William Cook. a section foreman. went home drunk and went to bed where his four children were sleeping, and made a murderous assault upon them with a mattock handle. Ho picked one of the children up. dashed him against the wall and ceiling. inflicting injuries that will prove fatal. Two or more of the children will die. The entire village is up in arms, and there is strong talk of lynching. -


Article from The World, July 15, 1893

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BANKER'S LIFE Taken by a Pistol In His Own Hand-III Health and Uneasy Depositors. MEADVILLE, Pa., July Sturges T. Dick, cashier, and son of the founder of the banking house of J. R. Dick & Co., committed suicide in his bedroom at 6:80 o'clock Friday morning. His wife was in an adjoining room and heard the shot. The husband was dead before she could reach him. Mr. Dick was 50 years of age. Although he has been ill for some time, he has regularly attended to business. There has been a slight run on the bank during the past few days. It is thought that this trouble, together with the condition of his health, was the cause of the self-murder. The bank was closed Friday on account of the tragedy. It is not thought the firm is in any serious financial troubles.


Article from Wheeling Register, July 15, 1893

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CONCERNING BUSINESS AND FINANCE. -PLYMOUTH, IND., July 14.-The private banking firm of Buck & Town has to-day made an assignment to R. B. Oglesbee, together with their hardware stock, the largest in the city. The bank was a small one and the step was taken to protect their depositors, whom they say will be paid in full. PITTSBURG, PA., July 14.-A special from Meadville, Pa., says S. T. Dick, of the banking firm of J. R. Dick & Co., suicided this morning. A heavy run on the bank yesterday caused the act. CINCINNATI, O., July 14.-The Buckeye Cycle Co., at 95 and 27 West Fifth street, this city, failed to-dav. Assets, $81,000; liabilities, $50,000. The cause of the failure is the stringency of the money market. KANSAS CITY, Mo., July 14.-Just before closing this afternoon the Kahsas City National Bank, of Kansas City, suspended and a notice was placed in the window stating it had been taken charge of by the Comptroller of Currency. The bank's capital is $1,000,000. Considerable excitemeat was caused by the suspention as it had been entirely unexpected. The officers of the bank refuse to talk regarding the failure further than to state that the assets would amount somewhere between $2,000,000 and $3,000,000 and the liabilities to $1,800,090. It was considered a sound a bank as any in the southwest. WASHINGTON, July 14.-There has been a daily gain in the gold reserve this week, today's increase being $285,228, which brings the total up to $98,378.369.


Article from The Herald, July 15, 1893

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A Banker Suicides. MEADVILLE, Pa., July 14.-S. T. Dick of the banking firm of J. R. Dick & Co. suicided this morning. A heavy run on the bank yesterday was the cause. Dick bad been in ill health for some time. A meeting of friends of the firm was held today, at which the situation was thoroughly canvassed and it was given out after the conference that the bank was solvent and abundantly able to pay all depositors.


Article from Morning Journal and Courier, July 15, 1893

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A Bank Cashier's Suicide. MEADVILLE, Pa, July 14.-Starges T. Dick, cashier of the banking house of J. R. Dick & Co., committed suicide in his bedroom at 6:30 o'clock this morning. There has been a slight run on the bank during the past few days. It is thought that this trouble, together with the condition of his health, was the cause of self murder. The bank is closed to-day on account of the tragedy. It is not thought the firm is in any serious financial troubles.


Article from St. Paul Daily Globe, July 15, 1893

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DICK'S DIREFUL DEED. He Solves Eternity's Mystery by a Revolver's Aid. MEADVILLE, Pa., July 14.-Sturges T. Dick, cashier and son of the founder of the banking house of J. R. Dick & Co., committed suicide in his bedroom this morning. His wife was in an adJoining room and heard the shot. Her husband was dead before she could reach him. Mr. Dick was fifty years of age. Although he has been ill for some time, he has regularly attended to business. There has been a slight run on the bank during the past few days. It is thought that this trouble, together with the condition of his health, was the cause of the self-murder. The bank IS closed today on account of the tragedy. It is not thought the firm is in any financial trouble.


Article from The Salt Lake Herald, July 15, 1893

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Run on a Bank and Suicide. MEADVILLE, Pa., July 14.-S. T. Dick of the banking firm of J. R. Dick & Co., suicided this morning. - The heavy run on the bank yesterday was the cause. Dick had been in ill health for some time. A meeting of friends of the firm was held today, the situation thoroughly canvassed and it was given out afterwards that the bank was solventand abundantly able to pay all depositors.


Article from The Abbeville Press and Banner, August 2, 1893

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THE NEWS EPITOMIZED. Eastern and Middle States. THE officers of the Russian warships were welcomed at the City Hall by Mayor Gilroy, of New York City. and were entertained with an exeursion around the harbor and a dinner at the Oriental Hotel, Manhattan Beach. NAT CLARK. aged thirty-oight years. and George Adams, aged twenty-three years. be. longing toa party of campers from Ashland, Mass., went fishing on Lake Cochituate in a canoe and were drowned. THE Grand Jury, at New York City. has indicted Doctor Henry C.W. Meyerand Maria Meyer, his wife. for murder in the first degree. The specific charge against them is that they caused the death by poisoning of Gustave A. J. Baum, but behind this is a shocking story. Scores of murders, committed in different cities for the purpose of ebtaining life insurance money, are laid at their doors. STURGIS T. DICK, cashier and son of the founder of the banking house of J. R. Dick & Company at Meadville, Penn.. committed suicide. There had been a slight run on the bank during the past few days. Miss SUSAN LAW,LER. age twenty-one, of Fairhaven, Conn., and Carlton Clover, an eight-year-old boy, of Branford, were drowned in Branford River, They were in bathing with a large party. The boy went beyond his depth, called for assistance, and Miss Lawler attempted to rescue bim. THE French colony in New York City celebrated the 104th anniversary of the fall of the Bastile with festivities. THE Glen House on the White Mountains of New Hampshire was destroyed by fire; the loss is $100,000. CHRISTOPHER KEPPELL, eighteen, and John Keppell, twenty-six, residing in Central Falls, were drowned in Cranberry Pond, North Attleboro, R. I., while bathing. A YOUNG girl who was employed as a domestic at 8 boarding house and George B. Frame, a boarder at the same place, were struck by a train while they were attempting to cross a railroad bridge on the outskirts of Watertown. N. Y., and instantly killed. A PLOT of convicts at Dannemora (N. Y.) Prison to murder the guards and escape was exposed by a prisoner; he was pardoned by Governor Flower. MISS LIZZIE BYBAM died at her father's cottage, Asbury Park, N. J., of hydrophobia, the result of the slight bite of a surly pet black and tan dog. PRESIDENT CLEVELAND started from Buzzard's Bay, Mass., on a fishing trip in E. C. Benedict's steam yacht Oneida.