gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e888a766ef00e2b4
Response Measures
None
Events (1)
1.December 12, 1900Run
Cause Details
Unspecified heavy withdrawals/nervousness; newspapers report large line of depositors and substantial payouts.
Measures
Bank met demands of all depositors; paid out reported sums of $250,000 (Dec 12) and $100,000 (Dec 13).
Newspaper Excerpt
There was a heavy run on the Harlem Savings Bank. New York City, December 12th.
Source
newspapers
Newspaper Articles (10)
1.December 13, 1900Rock Island ArgusRock Island, IL
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Article Text
Run on the Bank. New York, Dec. 13.-The run on the Harlem savings bank continued today, but the bank met the demands of all depositors.
2.December 14, 1900Evening Times-RepublicanMarshalltown, IA
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Article Text
Bank Run Continues. New York, Dec. 14.-The run on the Harlem Savings Bank was continued this morning, but with fewer people in line.
3.December 14, 1900Americus Times-RecorderAmericus, GA
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Article Text
NEW YORK, Dec. 13.-The run on the Harlem Savings bank was continued to. day. At 8 o'clock, two hours before the time for the bank to open for business, there were 350 depositors in line wait. ing for an opportunity to draw their money.
4.December 14, 1900The Topeka State JournalTopeka, KS
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Article Text
Bank Run Is Waning. New York, Dec. 14.-The run on the Harlem Savings bank was continued this morning. but fewer people were in line. There were about 200 persons in front of the building at 10 o'clock when the doors were opened.
RUN ON HARLEM BANK. New York. Dec 14.-The run on the Harlem Savings bank was continued this morning but with fewer people in line. There were about 200 persons in front of the building when the doors were opened.
6.December 20, 1900Audubon RepublicanAudubon, IA
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Article Text
Run on Harlem Bank Kept Up. New York, Dec. 15.-The run on the Harlem Savings bank was continued this morning, but fewer people were in line. There were about 200 persons in front of the building at 10 o'clock when the doors were opened.
7.December 20, 1900Audubon RepublicanAudubon, IA
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Article Text
Run on Harlem Bank Kept Up. New York, Dec. 15.-The run on the Harlem Savings bank was continued this morning, but fewer people were in line. There were about 200 persons in front of the building at 10 o'clock when the doors were opened.
8.December 21, 1900The Pacific Commercial AdvertiserHonolulu, HI
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Article Text
There was a heavy run on the Harlem Savings Bank. New York City, December 12th. The bank paid out $250,000 and $100,000 on the 13th.
9.December 21, 1900The Hawaiian GazetteHonolulu, HI
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Article Text
There was a heavy run on the Harlem Savings Bank, New York City, December 12th. The bank paid out $250,000 and $100,000 op the 13th. i I I
10.December 22, 1900The Pacific Commercial AdvertiserHonolulu, HI
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Article Text
Run on a Bank. NEW YORK, Dec. 13.-The run on the Harlem Savings Bank was contin-
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.