Multiple contemporaneous newspaper dispatches (dated March 24, 1893) report a run on the Merchants National Bank in Dunkirk that caused the bank to close in the afternoon of March 24. Articles attribute the run to maliciously started rumors/intent to injure; no suspension or permanent closure is reported.
Events (1)
1.March 24, 1893Run
Cause
Rumor Or Misinformation
Cause Details
Officials said the run was maliciously started by certain persons with intent to injure the bank (i.e., malicious rumors/false reports).
Measures
Bank closed in the afternoon; officials publicly stated they were prepared to pay every dollar and had $100,000 remaining.
Newspaper Excerpt
A run was started on the Merchants National bank here yesterday morning, and depositors crowded the tellers' windows until the bank closed in the afternoon.
Big Run on a National Bank. DUNKIRK. N. Y.. March 24.-A - run was started on the Merchants National bank here yesterday morning. and depositors crowded the tellers' windows until the bank closed in the afternoon. The oflicials say that the run was maliciously started by certain persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remainng. There is not much alarm felt among he business men.
2.March 24, 1893New-York TribuneNew York, NY
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Article Text
SAY THE RUN WAS STARTED MALICIOUSLY. Buffalo, March 23.-A dispatch from Dunkirk. N. Y., says that a run was started on the Merchants' National Bank there this morning and depositors crowded the teller's windows until the bank closed this afternoon. The officials say that the run was maliciously started by certain persons with intent to injure the bank. They amert timt they are pre.
Run on a Bank. BUFFALO, N. Y., March 24.-A special from Dunkirk, N. Y., says a run was started on the Merchants' National Bank there yesterday morning and depositors crowded the tellers' windows until the bank closed in the afternoon. The officials say that the run was maliciously started by certain persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remaining. There is not much alarm felt among the business men.
4.March 25, 1893Wheeling RegisterWheeling, WV
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Article Text
A Run on a Bank. BUFFALO, N. Y., March 24.-A special from Dunkirk, N. Y.. says a run was started on the Merchants' National Bank there yesterday morning, and depositors crowded the tellers' windows until the bank closed in the afternoen. The officials say that the run was maliciously started by certrin persons with intent to injure the bank. They say they are prepared to pay every dollar and have $100,000 remaining. There is not much alarm felt among the business men.