Contemporary newspaper (Nov 12, 1873) reports the Merchants/ Merchant's Savings bank suspended on Nov. 12, 1873. No mention of a depositor run, reopening, or receivership in the provided article. Given the timing (Panic of 1873) many suspensions became permanent; no explicit reopening evidence is present, so I classify as suspension_closure. Article OCR shows 'Merchant's Savings bank' โ matched to provided bank name. City spelled 'Pittsburg' in source; kept as provided.
Events (1)
1.November 12, 1873Suspension
Cause Details
Article only reports suspension; no cause given in text (likely related to 1873 financial panic but not specified).
Newspaper Excerpt
PITTSBURG, Nov. 12.-The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.
Source
newspapers
Newspaper Articles (1)
1.November 13, 1873Ottumwa Weekly CourierOttumwa, IA
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Article Text
PITTSBURG, Nov. 12.-The Banking house of Millon & Sons and the Merchant's Savings bank of this city, suspended to-day.