9241. City National Bank (Lansing, MI)

Bank Information

Episode Type
Run Only
Bank Type
national
Bank ID
3513
Charter Number
3513
Start Date
August 27, 1896
Location
Lansing, Michigan (42.733, -84.556)

Metadata

Model
gpt-5-mini
Short Digest
fbbef20c

Response Measures

Public signal of financial health

Description

Two contemporaneous newspapers (Aug 27–28, 1896) report a short run on the City National Bank in Lansing that was halted when officials displayed large bundles of currency and yellow boys to reassure depositors. No suspension, receivership, or reopening is mentioned in the articles.

Events (1)

1. August 27, 1896 Run
Cause
Rumor Or Misinformation
Cause Details
Article gives no specific trigger; run appears to be a short panic/withdrawal halted by a show of cash — consistent with rumors/nervousness rather than bank insolvency.
Measures
Officials displayed large bundles of currency and stacks of banknotes (yellow boys) in plain sight to reassure customers and stop withdrawals.
Newspaper Excerpt
A run on the City National bank at Lansing was stopped by the officials piling up bundles of currency and stacks of the yellow boys in plain sight of customers to show that all could be met.
Source
newspapers

Newspaper Articles (2)

Article from Belding Banner, August 27, 1896

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Article Text

James A. Clark, of Ludington, who nas been sent to the Traverse City asylum several times, will soon publish a book relating tales of alleged cruelty at the asylum. Ray French, aged 19, living near Caro, was crushed by a stump machine on the farm of L. H. Wright, near Cass City. His knees were driven into the earth six inches. Frank Hanly, who was struck in the temple by a pictched ball at Cheboygan and died from the blow. He leaves a widow and six children in New York state. Prof. Eugene J. Euvrard, a wellknown teacher of language in the Detroit seminary, was beheaded by a train near Williamstown, Mass. He was riding on his bicycle between the tracks. There has drifted ashore near Port Hope, the body of an unknown man about 35 years of age, 5 feet 6 inches tall, weighing about 170, clean shaved, with short black hair, upper teeth missing. President Cleveland has notified exCongressman Levi T. Griffin of his appointment as pension agent at Detroit, to succeed the late H. H. Wheeler. Mr. Griffin will assume the duties of the office at once. Mrs. Wm. Glasgow, of Midland, has been adjudged a pyromaniac and sent to Traverse City for treatment. She has a mania for setting buildings on fire and tried to burn the homes of several neighbors. Edward Morrissey put his arms around the neck of Lizzie Kellogg, aged 15, and tried to kiss her, at Kalamazoo. He pleaded guilty to assault and battery, and Judge Peck fined him $80, or 90 days in the stoneyard. Mrs. Jane Randall, near Elsie, recently fell heir to about $1,400. Having little faith in banks she hid the money in the house, but while she and her son were working in the fields someone entered the house and stole the treasure. The F. & P. M. Railway Co. has commenced the building of docks and slips at Ludington for their car ferry, which is being built at Bay City. The changes and improvements contemplated are extensive. Peter Lajiness, of Frenchtown, is in jail at Monroe on a charge of criminally assaulting his step-daughter, aged 13. He confessed. There are two other prisoners in Monroe jail awaiting trial for the same offense. The steamer Fannie C. Hart, wrecked her engine near the straits of Mackinac by the dropping of a crosshead key. She was towed to Manistee to receive a new fore and aft compound engine at an expense of $5,000. For the first time in six years the village of Waldron, has been visited by fire. This time a large portion of the business part of the town has been destroyed, and a few dwellings. The loss will be over $10,000. A run on the City National bank at Lansing was stopped by the officials piling up bundles of currency and stacks of the yellow boys in plain f customers to show that all could be met.


Article from The Yale Expositor, August 28, 1896

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Article Text

a book relating tales of alleged cruel at the asylum. Ray French, aged 19, living ne Caro, was crushed by a stump machin on the farm of L. H. Wright, near Ca City. His knees were driven into tl earth six inches. Frank Hanly, who was struck in tl temple by a pictched ball at Chebo gan and died from the blow. I leaves a widow and six children New York state. Prof. Eugene J. Euvrard, a we known teacher of language in tl Detroit seminary, was beheaded by train near Williamstown, Mass. I was riding on his bicycle between tl tracks. There has drifted ashore near Po Hope, the body of an unknown ma about 35 years of age, 5 feet 6 inch tall, weighing about 170, clean shave with short black hair, upper tee missing. President Cleveland has notified e Congressman Levi T. Griffin of his a pointment as pension agent at Detro to succeed the late H. H. Wheele Mr. Griffin will assume the duties the office at once. Mrs. Wm. Glasgow, of Midland, h been adjudged a pyromaniac and se to Traverse City for treatment. SI has a mania for setting buildings o fire and tried to burn the homes several neighbors. Edward Morrissey put his arr around the neck of Lizzie Kellog aged 15, and tried to kiss her, at Ka amazoo. He pleaded guilty to assau and battery, and Judge Peck fined hi $80, or 90 days in the stoneyard. Mrs. Jane Randall, near Elsie, I cently fell heir to about $1,400. Ha ing little faith in banks she hid tl money in the house, but while she ai her son were working in the fiel someone entered the house and sto the treasure. The F. & P. M. Railway Co. has con menced the building of docks and sli at Ludington for their car ferry, whi is being built at Bay City. TI changes and improvements conter plated are extensive. Peter Lajiness, of Frenchtown. is jail at Monroe on acharge of criminal assaulting his step-daughter, aged 1 He confessed. There are two oth prisoners in Monroe jail awaiting tri for the same offense. The steamer Fannie C. Hart. wreck her engine near the straits of Mackin by the dropping of a crosshead ke She was towed to Manistee to receive new fore and aft compound engine an expense of $5,000. For the first time in six years t village of Waldron, has been visited 1 fire. This time a large portion of tl business part of the town has be destroyed, and a few dwellings. TI loss will be over $10,000. A run on the City National bank Lansing was stopped by the officia piling up bundles of currency a stacks of the yellow boys in plain sig f customers to show that all deman could be met. The quinquennial meeting of tl state board of equalization at Lansir was one continual wail of woe as t board listened to the appeals of repi senatives of every county for a redu tion in their assessment owing to t. poverty of their counties. Paul Reiger, a farmer near Bridg port, was found dead in bed. The bo was so badly decomposed that a pos mortem could not be held. Some the neighbors think he met death 1