Sacramento Savings Bank - Sacramento, CA

Bank Information

Episode Type: Run Only
Bank Type: savings bank
Start Date: December 14, 1891
Location: Sacramento, California (38.582, -121.494)

Metadata

Model: gpt-5-mini
Short Digest: 4d8eceb1

Response Measures

Accommodated withdrawals, Public signal of financial health

Description

Single article (Dec 14, 1891) describes a short-lived run caused by a 'foolish scare' that subsided; no suspension or closure mentioned. 'Savings' bank assumed state-chartered.

Events (1)

1. December 14, 1891 Run

Cause: Rumor Or Misinformation
Cause Details: Described as a 'foolish scare' that initiated withdrawals but proved unfounded and subsided.
Measures: Cashier Hamilton publicly stated the excitement was about over; no formal suspension or extraordinary measures reported.
Newspaper Excerpt: A Short-Lived Scare. The run on the Sacramento Savings Bank practically subsided on Saturday, and during the entire day hardly one-third as much money was withdrawn as on the afternoon when the foolish scare was inaugurated.
Source: newspapers

Newspaper Articles (1)

1. December 14, 1891 The Record-Union Sacramento, CA

Article from The Record-Union, December 14, 1891

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Article Text

A Short-Lived Scare. The run on the Sacramento Savings Bank practically subsided on Saturday, and during the entire day hardly onethird as much money was withdrawn as on the afternoon when the foolish scare was inaugurated. The stacks of money in the vaultlooked as many and large as on the first day, and Cashier Hamilton stated in the afternoon that he guessed the excitement was about over.