Ely National Bank

Episode Information

Episode UID: 931001599
Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 93100 national
Charter Number: 9310
Start Date: March 10, 1933
Location: Ely, Nevada (39.247, -114.889)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 0995eacb4fe1c0dc

Response Measures

None

Description

Article describes a statewide/federal banking moratorium affecting Ely banks; bank not named specifically.

Events (2)

1. January 2, 1909 Chartered

Source: historical_nic

2. March 10, 1933 Suspension

Cause: Government Action
Cause Details: Proclamation extending the banking holiday/moratorium (limited business permitted under moratorium).
Newspaper Excerpt: Plans of the Ely banks to open, this morning were altered by the proclamation extending the holiday.
Source: newspapers

Newspaper Articles (1)

1. March 10, 1933 Nevada State Journal Reno, NV

Article from Nevada State Journal, March 10, 1933

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Article Text

First National Will Do Limited Business Today Withdrawals for Necessities, Payrolls Will Be Permitted; Payroll Checks Honored The First National Bank of Reno will open its doors this morning to exercise the full powers allowed by the prevailing banking moratorium. The bank will conduct limited local banking business sufficient to permit the functioning of local business and commerce, and to prevent hunger and want. Deposits consisting of cash or checks the First National Bank will be accepted. Withdrawals for necessities will be permitted. Payroll checks on counts in the bank will be cashed. Personal checks on accounts in the bank will be honored provided they are for legitimate payments for By EARL H. LEAF necessities and not for withdrawals We are very very scientific to hoard. Personal checks issued low. We don't believe anything until since Monday when the bank closed observe Gov. Balzar's holiday will has been proven beyond peradbe honored. Most Reno business venture of doubt. Even at school, in concerns accepted First National the adolescent stage, we refused to checks to the amount of purchase during the holiday. believe we had code in de head Richard Kirman, president of the until our supply of handkerchiefs bank, said virtually every withwas drawal will be subjected to an indiThus it was that, while we were vidual scrutiny. strolling down Douglas Alley early This is necessary in accordance breast chirped our Secretary of Treasury Woodin, he said. here," and we gave the statement healthy doubt. Banking officials of other banks Nevada were undecided how But decided to investigate act. Most of the banks had planned After diligent survey of the situopen this but the moraation we decided must be spring torium left them doubt. went home and put our red expect resume flannels in the trunk with the moth soon as authorized by the United balls. State comptroller of said Last night we spotted 110 auto- Ennor, of the First National Bank of Elko. mobiles in the sparking places along Glendale road, old Verdi road, Plans of the Ely banks to open, this morning were altered by the Purdy highway, Peckham Lane and proclamation extending the holiday. the Indian village. The couples