Union Trust Company - Boston, MA

Bank Information

Episode Type: Run Only
Bank Type: trust company
Start Date: October 3, 1873
Location: Boston, Massachusetts (42.358, -71.060)

Metadata

Model: gpt-5-mini
Short Digest: f23a0620

Response Measures

None

Description

Article (Oct 9, 1873) describes a run on the Union Trust Company with depositors lining up to withdraw funds; no mention of suspension, reopening, or receivership. Date for the run inferred as Friday prior to publication (estimated 1873-10-03). Cause of run not specified in the article.

Events (1)

1. October 3, 1873 Run

Cause Details: Article does not state a specific trigger or cause for withdrawals; only describes heavy withdrawals and people selling places in line.
Newspaper Excerpt: A good story is told in connection with the run on the Union Trust Company, Friday, last week. A long line of people were waiting to draw their money out of the institution.
Source: newspapers

Newspaper Articles (1)

1. October 9, 1873 Ellsworth American Ellsworth, ME

Article from Ellsworth American, October 9, 1873

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Article Text

Pickings and Stealings. -The Reedsburg Free Press employs women exclusively. It says, **We have a calico 'foreman.' two dimity 'compositors' and the sweetest little 'devil' in pink muslin to be found anywhere." -An Iowa man built himself a $10.000 barn, and sat down in it to have a smoke and contemplate the structure. He liked it exceedingly well. and will at once build another on the same site, having obtained his insurance. -We see that there is a man in Troy who has done business about a year without expending a dollar in advertising. He has at last consented to advertise. His first advertisement was headed Sheriff's Sale." -Miss Julia was induced to give a taste of her musical powers. and this is how she did it. She flirted up her panniers, coquettishly, wiggle-waggled to the piano and sang a verse of "When ther moo-hoon is mi-hild-ly be-heaming." "Beautiful, Miss Julia! Beautiful:" and we all clapped our hands. "Do please sing another verse-it's perfectly divine, Miss Julia," said Eugene Augastus. Then Julia raised her golden (dyed) head. touched the white ivory with her jewelled fingers. and warbledWhen the sun-hun is bri-hight-ly glowing O'er the se-hene so de-hear to me-e-e. And swee-heet the wee-hind is blo-ho-ing. Oh: ther-hen. oh. ther-hen. I thee-hink. Hof-thee-hee. I thee-hink, I thee-hink, I thee-he-he-he-he-he-he-he-hink-, ho-ho-ho-ho-A good story is told in connection with the run on the Union Trust Company, Friday, last week. A long line of people were waiting to draw their money out of the institution. An excited individual offered a boy representing a commercial house 850 for his place on the line. and afterward increased the bid to 8100 The boy loyal to his employers. would not sell his place for the tempting offer. A man ahead of him. however, responded, and said that he would sell his place for 8200. The money was paid him immediately and the place was given up. As he walked away he said to a friend, "Let us take a drink; I had only 8100 in that concern, and I think I have come out a little ahead." [From Correspondent of the Boston Post. We are inundated with elergymen. There issort of Fall freshet of reverend gentlemen. and it is spread all over the citv. You can hardly turn about without getting a punch in the ribs from a minister's walking stick or umbrella. I saw several collisions of this kind o n Broadway yesterday, but I am glad to say they did not lead to anything in the way of an +omplensantness." When ministers get into a theological conflict they can be belligerem nough, but at most other times they are full of caimness and good will, and at any rate the ones who are accidentally punching people with their walking sticks and umbrellas along Broadway are ready to apologize in the most satisfactory manner at once. And of course no Christian person is going to cherish resentment to: ward a minister for unintentionally giving him a dig in the stomach in a Broadway crowd, especially when a polite apology comes immediately after the dig, But it is curious to see the reverend strangers try. e ing to dodge things when they have to cross Broadway. I'think it was the witty Mike Walsh who said it takes more talent to cross that street without being knocked y downthan to be amember of Congress. Mike was a member himself, so I suppose he