8100. Great Barrington Savings Bank (Great Barrington, MA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 10, 1878
Location
Great Barrington, Massachusetts (42.196, -73.362)

Metadata

Model
gpt-5-mini
Short Digest
7cfc52a7

Response Measures

None

Description

Multiple contemporaneous papers (Jan 10–11, 1878) report the Great Barrington Savings Bank suspended payment pending an investigation by the State Bank Commissioners. Articles do not describe a depositor run. Outcome beyond the suspension is not reported in these clippings; classification chosen as suspension_closure because the series reports a formal suspension tied to state investigation (no run mentioned).

Events (1)
1. January 10, 1878 Suspension
Cause
Government Action
Cause Details
Suspended pending investigation by the State Bank Commissioners (state inquiry prompted suspension).
Newspaper Excerpt
The Great Barrington savings bank has suspended, pending the investigation by the state bank commissioners.
Source
newspapers

Newspaper Articles (10)
1. January 10, 1878 Daily Press and Dakotaian Yankton, SD
Article from Daily Press and Dakotaian, January 10, 1878

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Article Text

MISCELLANEOUS. SUSPENDED. Epringfield, Mass., Jan. 10.-The Great Barrington savings bank has suspended, pending the investigation by the state bank commissioners. The depos its are $408,000 assets, $414,000. Among the assets are $108,000 in bank stock, $250,000 loaned on realiestate, $45,000 on personal property, $30,000 in other loans, and in cash, and $5,789 in real estate. A NEW RULE. St. Louis, Jan. 10.-A new rule went into effect to day, requiring the buyers of, all grain to pay for the first ten days' elevator storage.

2. January 10, 1878 The Rock Island Argus Rock Island, IL
Article from The Rock Island Argus, January 10, 1878

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MASSACHUSETTS. Another Bank Suspension. SPRINGFIELD, Jan. 10.-The Great Barrington Savings bank has suspended, pending an investigation by the state bank commissioners. The deposits are $407,000 and the total liabilities $414,000; among the assets are $108,000 in bank stock, $250,000 loaned on real estate, $45,000 on personal property; $30,000 in other loans; $1846 in cash, and $5,789 in real estate.

3. January 10, 1878 Public Ledger Memphis, TN
Article from Public Ledger, January 10, 1878

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Article Text

Another Bank Suspension. SPRINGFIELD, Mass., January 10.-The great Barrington Savings Bank has suspended, pending an investigation by the State Bank treasurer. The deposits are $407,000, and the total liabilities $414,000. Among the assets are $108,000 in bank stock, $250,000 loaned on real estate, $45,000 on personal property, $30,000 in other loans, $1846 in cash, and $5789 in real estate.

4. January 11, 1878 The Dallas Daily Herald Dallas, TX
Article from The Dallas Daily Herald, January 11, 1878

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Article Text

HERE AND THERE. Four More Victims Caught in Sherman's Contraction Trap-Allison Has a Clear Field in Iowa. NEW York, January 10.-Edward J. Dunning, Wall street broker, has failed. Liabilities about $200,000; assets, uncertain. SPRINGFIELD, MASS., January 10.The Great Barrington Savings bank suspended payment during an investigation by the state bank commissioners. The officers of the bank can meet all liabilities. Deposits, $405,000; total liabilities, $414,000. NEW YORK, January 10.-A Chicago special says that the wholesale gros cery house of Wells & Faulkner suspended yesterday. Liabilities, $94,000; assets, $100,000. CHICAGO, January 10.-An involuntary petition in bankruptcy has been filed against Elisha and Charles Eldred, Jumber dealers, on a claim of $132,000. DES MOINES, IOWA, January 10.The legislature, which meets Monday, will probably re-elect United States Senator Allison. There is no other candidate in the field. NEW YORK, January 10.-J, T. Reynolds & Co. deny that they are involved in the Dunning troubles, and state their readiness to immediately y discount any paper of theirs which holders may present,

5. January 11, 1878 Eureka Daily Sentinel Eureka, NV
Article from Eureka Daily Sentinel, January 11, 1878

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NIGHT DISPATCHES. LATEST FROM WASHINGTON. POSTAL DEMANDS IN THE SOUTH. McCreary's Opinion of the Administration. A Poor Chance for Railroad Legis. lation at This Session. WASHINGTON, Jan. 10. Postmaster General Key says business has increased South SO that over 200 new postoffices have been madePresidential offices-namely: such as receive appointments from the President and confirmation by the Senate. This indicates prosperity. The statement that Conkling will introduce a resolution investigating the President's title is universally discred ited. Ben Butler declaresthat he never heard of such an intention. Southern men say if it is introduced it will be defeated by Southern votes. McCreary says that the Administration sees no occasion for further strife, and will go right on attending to its duties; and that changes in the Cabinet will be less favorably considered asa basis for harmony than some other plan. The Departments find themselves embarrassed by the law about adver. tising. Careful inquiry leads to the conclusion that the present Congress is unfavorable to subsidies. A consider. able number of Democrats in the present House, who would otherwise vote for Government aid to railroad and other schemes, believe it to be wiser to postpone action on the subject until after theelections next fall. The Texas and Pacific bill may possibly be re ported from the Committee on Pacific Railroads in the House, but there is even some doubt about that. The Ohio Neuatorship- catholic Priest Threatened with Assassination-Beecher and His Flock. NEW YORK, Jan. 10. A Times Cincinnati dispatch says of the Ohio Senatorship contest, an estimate of the first ballot, by a Ewing man, is as follows: Pendleton, 33 to 35; Ewing, 30; Morgan, 22 to 23; Payne, 6. This is probably not far from correct. It will require 47 votes to nominate. The Sun says: Max Winter, a Vienna shopkeeper, was arrested on the arrival of the steamer Herder yesterday, being accused of absconding with goods valued at over $24,000. He had over $10,000 in coin on his person. He was locked up, for extradition. The Sun says: Father Vacula, a Bohemian Catholic Priest, applied to the police for protection, saying that several men had cast lots to see who should assassinate him. The police now guard his house. His course during the cigar strike, recommending peace, is given out as the reason. The Sun intimates that the heavy falling off in the receipts of Plymouth Church in pew sales necessitates a decrease in Beecher's salary. Another Bank Failure, SPRINGFIELD, Mass., Jan. 10, The Great Barrington Savings Bank has suspended, pending an investiga tion by the State Bank Commission. Deposits, $407,000; total liabilities, $414, 000.

6. January 11, 1878 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, January 11, 1878

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Business Embarrassments. SPEINGFIELD, Mass., January 10.-The Great Barrington Savings Bank has auspended pending investigation by the State Bank Commissioners. The deposits are e $407,000; total liabilities $414,000. Among h the assets are $108,000 in bank stock, 8 $250,000 loaned on personal property, a 30,000 in other loans, $1,846 in cash, and r $5,789 in real estate. NEW YORK, January 10.-There are e no new developements to-day regarding 8 the suspension of E.J. Dunning. Assignee is Bell, who is engaged, in straightening r up the affairs of the concern, and Dun1, ning, states that all the banks to whom he is indebted, as well as all other creditors, express themselves as favorable to an easy settlement, which shall enable him to resume within a short time; he d refuses to state what banks are involved f in addition to those previously mention0 ed, not wishing to einbarrass them at this d time. 8 NEW YORK, January 10.-There was a meeting of trunk line managers at the 8 Erie railroad office this morning. Preparatory to the meeting at the Brevoort 0 House this evening to discuss an arrange1 ment regarding eastern commercial e freights. The Illinois Central road has declared a dividend of 3 per cent. out of the earn. ings of the last six months. A BOSTON DRY GOODS FIRM. BOSTON, January 10.-W. W. Churchell & Co., leading dry grods firm on y e Washington street, suspended to-day. TORONTO, January 10.-Walker Evans g if & Co., boot & shoe manufactures, have suspended. A writ was issued against it W. T. Ross & Co., jewelers. e

7. January 11, 1878 The Daily Clarion Jackson, MS
Article from The Daily Clarion, January 11, 1878

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ILLINOIS. BANK SUSPENSION. SPRINGFIELD. MASS., Jan. 10.-The great Barrington Savings Bank suspended payment pending the investigation by the State bank commissioners. The officers are confident that the bank can meet all Habilities. The deposits are $405,000; total liabilities, $414,000.

8. January 11, 1878 The Silver State Unionville, Winnemucca, NV
Article from The Silver State, January 11, 1878

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Great Barrington Savings Bank HIGHT suspended, THE sr The Great Barrington Savings Bank has suspended, pending an investigation by the State Bank Commissioners. The deposits are $407,000, and the total liabilities $114,000. Among the assets are $108,000 in bank stock, $250,000 loaned on real estate, $45,000 on personal property, $30,000 in other loans, $1,846 in cash, and $5,789 in real estate.

9. January 12, 1878 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, January 12, 1878

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MASSACHUSETTS. 19 A Great Bank Failure. Springfield, Jan. 11.-The Great Barrington Savings Bank has suspended, pending an investigation by the State Bank Commissioners. The deposits are $406,000, and the total liabilities $414,000. Among the assets are $108,000 in bank stock, $250,000 loaned on real estate, $25,000 on personal property, $9,000 in other loans, $1,846 in cash. and $5,989 in real estate.

10. January 12, 1878 The Dallas Weekly Herald Dallas, TX
Article from The Dallas Weekly Herald, January 12, 1878

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HERE AND THERE. Death of Victor Emanuel- Williams and Lindsey Tie - the Third Bellet for the Kentucky Mensionship Gose Into Liquidation. Sr. LOUIS, January 9.-The Second National bank of St. Louis, in líquidation, has transferred its business to the South National bank of St. Louis, where depositors will be paid in full, but checks must be presented to the First National bank for certification. C. J. Freyer, manager of Freyer, Pappenheim & Adams' Opera Company, has disappeared. He took no baggage with him, and anxiety is manifested. NEW YORK, January 9.-The BOBUal meeting of the Bar association eleeted Evarts president and Samuel J. Tilden vice-president. The presidents of trunk roads will meet here on Thursday omakea final effort to prevent the cutting down of rates. PARIS, January 9.-Victor Emanuel, king of Italy, died at 2:30 o'clock this afternoon. FRANKFORT, Ky., January 9.-The second ballot for United States senator in Joint session, stood: Williams, 50; Lindsey. 50; McCreery, 23; Boyd, republican, 13. Two absentees Third ballot-Williams, 51; Lindsey, 51; MeCreery, 21; Boyd, 13. NEW YORK, January 10.-Edward J. Dunning, Wall street broker, has failed. Liabilities about $200,000; assets, uncertain. SPRINGFIELD, MASS., January 10.The Great Barrington Savings bank suspended payment during an investigation by the state bank commissioners. The officers of the bank can meet all liabilities. Deposits, $405,000; total liabilities, $414,000. NEW YORK, January 10.-A Chicago special says that the wholesale grocery house of Wells & Faulkner suspended yesterday. Liabilities, $94,000; assets, $100,000. CHICAGO, January 10.-An involuntary petition in bankruptey has been filed against Ellehs and Charles Eidred, lumber dealers, on a claim of $132,000. DES MOINES, IOWA, January 10.The legislature, which meets,Monday, will probably re-elect United States Senator Allison. There is no other candidate in the field. NEW YORK, January 10.-J. T. Reynolds & Co. deny that they are involved in the Dunning troubles, and state their readiness to immediately discount any paper of theirs which holders may present. ATLANTA, January 8.-The talented Virginian, Agnes Herndon, took Atlanta by storm. She was greeted by a A large and entbusiastic audience. banquet will be given in her honor tonight. She is the coming star. PARIS, January 8.-Francois Vincent Raphael, a French chewist and : politician, is dead. NEW ORLEANS, January 8.-The anI niversary of the battle of New Orleans, e was celebrated to-day by a grand milltary pagesnt, composed of the Thirteenth Unite. States infantry, comy manded by Captain Ferdipand E. 8 Decourcy: Marines and sailors, of the United States steamship Enterprise, and the monitor Cannonicus, com: manded by Lieutenant F. W. Nichols; uniformed Louisiana militia. and vari4, ous volunteer military organizations, a commanded by Colonel Owen. Salutes were fired by the Washington artillery and the Louisiana field artillery, under Calonel John Glynn. After the parade, the federal and volunteer off cere feasted together.