gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0fa608fe91b5132e
Response Measures
None
Description
Closure described as a six-day moratorium with reopening conditional; no later reopening reported in these articles.
Events (3)
1.February 24, 1933Run
Cause
Local Banks
Cause Details
Run attributed to the recent closing of the Rolla State Bank, which triggered withdrawals.
Measures
Bank closed under a six-day moratorium to stop the run.
Newspaper Excerpt
The Peoples Savings Bank failed to open its doors this morning (Thursday), due to a run which was started the first of this week.
Source
newspapers
2.February 24, 1933Suspension
Cause
Local Banks
Cause Details
Bank suspended operations under a six-day moratorium in response to the run caused by the Rolla State Bank's closing.
Newspaper Excerpt
The Peoples Savings Bank failed to open its doors this morning (Thursday)... The bank closed under a six day moratorium
Source
newspapers
3.March 8, 1933Other
Newspaper Excerpt
A representative of the State Finance Department arrived here Wednesday morning and is making examination of the Peoples Savings Bank here, which closed its doors last week to stop a run on the bank. He
Source
newspapers
Newspaper Articles (4)
1.February 24, 1933The Licking NewsLicking, MO
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Article Text
Peoples Savings Bank Closes Under 6-Day Moratorium
The Peoples Savings Bank failed to open its doors this morning (Thursday), due to a run which was started the first of this week. The bank closed under a six day moratorium and if:conditions seem favorable for re-opening at that time the bank will be re-opened and continue to do business. In case the bank fails to open for business again, Cashier 0. A. Johnson states that he beleives the bank's assets will be mo e than sufficient to pay all depositors in full. The run on this bank was attributed to the closing of the Rolla State Bank which closed its doors Monday
2.March 2, 1933Houston RepublicanHouston, MO
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Article Text
LICKING BANK CLOSED
DOORS LAST THURSDAY
The Peoples Savings Bank failed LO open its doors Thursday morning que to a run which was started the first of the week. The bank closed under a SIX day moratorium and if conditions seem favorable for reopening at that time the bank will be re-opened and continue to de business. in case the bank falls to open for business again, Cashier O. A. John son states that he believes the bank's assets will be more than sufficient to pay all depositors in full. The run on this bank was attribut ed to the closing of the Rolla State Bank, which closed it's doors Monday.-Licking News.
3.March 2, 1933The Houston HeraldHouston, MO
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Article Text
LICKING BANK CLOSES UNDER 6-DAY MORATORIUM
From Licking News.
The Peoples Savings Bank failed to open its doors this morning (Thursday), due to a run which was started the first of this week. The bank closed under a six-day moratorium, and if conditions seem favorable for re-opening at that time, the bank will be re-opened and continue to do business.
In case the bank fails to open for business again, Cashier 0. A. Johnson states that he believes the bank's assets will be more than sufficient to pay all depositors in full. The run on this bank was attributed to the closing of the Rolla State Bank, which closed its doors Monday.
4.March 9, 1933Houston RepublicanHouston, MO
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Article Text
BANK EXAMINER AT LICKING
A representative of the State Finance Department arrived here Wednesday morning and is making examination of the Peoples Savings Bank here, which closed its doors last week to stop a run on the bank. He
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
