Boylston Bank - Boston, MA

Bank Information

Episode Type: Run Only
Bank Type: state
Start Date: September 22, 1857
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini
Short Digest: 44bac268

Response Measures

Accommodated withdrawals

Description

Newspaper (Evening Star) reports a run on Boylston Bank on Sept 22, 1857 caused by a false rumor; bank met all demands and remained sound. No suspension or closure mentioned.

Events (1)

1. September 22, 1857 Run

Cause: Rumor Or Misinformation
Cause Details: A false rumor unfavorable to the bank triggered withdrawals.
Measures: All demands were met; bank paid depositors and remained sound.
Newspaper Excerpt: There was a run on the Boylston Bank to-day in consequence of a false rumor unfavorable to it, but all demands were met and the bank is perfectly sound.
Source: newspapers

Newspaper Articles (1)

1. September 23, 1857 Evening Star Washington, DC

Article from Evening Star, September 23, 1857

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Article Text

TELEGRAPHIC NEWS. FROM THE ASSOCIATED PRESS. Failure-Run on a Bank, &c. BOSTON, Sept. 22-The failure is announced of Emmons, Danforth & Scudder, grocers, for half a million of dollars. There was a run on the Boylston Bank to-day in consequence of a false rumor unfavorable to It, but all demands were met and the bank is perfectly sound.