Bank of Sacramento - Sacramento, CA

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: July 25, 1941
Location: Sacramento, California (38.582, -121.494)

Metadata

Model: gpt-5-mini
Short Digest: 91890962

Response Measures

Full suspension

Other: Treasury agents stationed at the bank; bank temporarily did not transact business Saturday and was reported to 'open for business today.'

Description

The article (Imperial Valley Press, 1941-07-28) reports a run on a Sacramento bank after Roosevelt's order freezing Japanese assets; the bank transacted no business on Saturday and was reported would open for business on Monday. The article appears to reference a Japanese-affiliated institution (mentions Simitomo and Bank of California), so it's unclear whether this is exactly the 'Bank of Sacramento' named in the task — bank_name set to provided name but bank_name_unsure flagged. Treasury agents were stationed at the bank. Dates are inferred from the publication date: the run happened the preceding Friday and the bank was closed Saturday and planned to reopen by the article date.

Events (3)

1. July 25, 1941 Run

Cause: Macro News
Cause Details: Run occurred the day after President Roosevelt's order freezing Japanese assets in the U.S.; withdrawals followed that government action.
Measures: U.S. Treasury agents were stationed at the bank; bank transacted no business Saturday.
Newspaper Excerpt: said the institution would open In Economic Penalties Against Japan for business today. On a run on the bank Fri. day following President Roose... order freezing Japanese assets in this country
Source: newspapers

2. July 26, 1941 Suspension

Cause: Government Action
Cause Details: Bank closed/not transacting business on Saturday following Treasury/administration action freezing Japanese assets.
Newspaper Excerpt: the institution would open In Economic ... the con- cern transacted no business Sat- urday. U. S. treasury agents were stationed at the bank.
Source: newspapers

3. July 28, 1941 Reopening

Newspaper Excerpt: said the institution would open for business today.
Source: newspapers

Newspaper Articles (1)

1. July 28, 1941 Imperial Valley Press El Centro, CA

Article from Imperial Valley Press, July 28, 1941

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Article Text

BIG NAZI REDS SCOFF CLAIM VICTORY; 'V' Smeared on She Speaks Both Sides Say More Produce Man Victim as Japanese Bank Events Favorable SACRAMENTO, July 28 (UP) Officials of the Simitomo Taxes Traffic Takes Big Toll Bank of California, which was smeared with two white "V's" On Soviet Front apparently similar to those used in the "secret army" campaign In I.V. Over Week-End Likely sponsored by Great Britain in Dutch Government Joins U.S., Britain occupied countries of Europe, James P. Adams Killed When Vehicle No Exemptions said the institution would open In Economic Penalties Against Japan for business today. On Incomes After a run on the bank Fri. Dives from Highway, Overturns; Others While Nipponese Move Into Indo-China AMBLING day following President RooseBY UNITED PRESS May Be Rule Hurt in Variety of Auto Accidents velt's order freezing Japanese The German high command reported Monday that a EPORTER assets in this country, the congreat victory is in the making in the Smolensk area but WASHINGTON, July 28. Death on wheels took one life and injured a dozen percern transacted no business SatMoscow indicated that fighting around Smolensk and else(UP)-Chairman Robert L. sons in Imperial Valley over a weekend that saw at least urday. U. S. treasury agents were where on the long front had taken a favorable turn for three serious motor car accidents. stationed at the bank. Off and GoneDoughton, D., N. C., of the Russia. The German and Russian communiques presented Worron Rhodes Dead was Jamas Adams 28 of Holtville a produce