Traders Bank (Tacoma, WA)

Episode Information

Episode UID
195564991123
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
trust
Bank ID
19556499 hash
Start Date
July 21, 1893
Location
Tacoma, Washington (47.253, -122.444)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
27cab2227738f0ad

Response Measures

None

Events (4)

1. July 21, 1893 Run
Cause Details
Heavy withdrawals produced a suspension (run), exact trigger not specified in articles.
Newspaper Excerpt
The Traders' bank suspended today.
Source
newspapers
2. January 24, 1894 Reopening
Newspaper Excerpt
The Traders' Bank, suspended last August, will resume business tomorrow.
Source
newspapers
3. May 19, 1894 Receivership
Newspaper Excerpt
An application was filed ... requesting the court to appoint a receiver for the Traders' Bank of Tacoma. The court appointed Leonard Howarth ... The bank will liquidate.
Source
newspapers
4. May 19, 1894 Suspension
Cause
Voluntary Liquidation
Cause Details
Largest stockholders decided to close and liquidate after deposits fell sharply since reopening.
Newspaper Excerpt
The Traders' bank of Tacoma suspended payment this morning and a receiver was appointed.
Source
newspapers

Newspaper Articles (13)

Article from Fort Worth Gazette, July 22, 1893

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Article Text

A Tacoma Bank. Tacoma, Wash, July 21.-The Traders' bank suspended today.


Article from The Daily Morning Astorian, January 25, 1894

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Article Text

WILL RESUME BUSINESS. Tacoma, Jan. 24.-The Traders' Bank, suspended last August, will resume business tomorrow.


Article from The Wichita Daily Eagle, May 20, 1894

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Article Text

TACOMA BANK CLOSED. TACOMA, Wash., May 19.-The Traders' bank of Tacoma suspended payment this morning and a receiver was appointed. This bank failed last summer and respened a few months ago. It is said all depositors will be paid.


Article from The Daily Morning Astorian, May 20, 1894

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Article Text

AGAIN SUSPENDED. / Portland, Or., May 19.-Word has been received from Tacoma that the Traders' National bank suspended today. The bank was closed during last summer's crash, but reopened after a few weeks.


Article from The Morning Call, May 20, 1894

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Article Text

CLOSED FOR LIQUIDATION. This Time the Traders' Bank Will Not Resume. Tacoma, Wash., May 19.-Just previous to the opening of the Superior Court this morning an application was filed in the clerk's office by Trustees George Browne and Henry Hewitt Jr., requesting the court to appoint a receiver for the Traders' Bank of Tacoma. The court appointed Leonard Howarth, Mr. Hewitt's private secretary, fixing his bond at $50,000. The bank will liquidate. The Traders' was one of the largest banks in Tacoma up to July 21, 1893, and its stock had sold at above $125. On that date, as a result of heavy withdrawls, the bank suspended, remaining closed until January 24 last, when it reopened. Since then deposits decreased from $150,000 to $55,000, and the largest stockholders decided to close and liquidate. The trustees say the assets are sufficient to pay all depositors and that the stockholders will be paid 50 to 75 per cent and perhaps in full for their stock. The capital was $500,000. The bank was organized six years ago.


Article from The Herald, May 20, 1894

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Article Text

A RECEIVER APPOINTED. The Traders Bank of Tacoma Goes Into Liquidation. TACOMA, Wash., May 19.-Just previous to the opening of the superior court this morning, an application was filed in the clerk's office by Trustees George Browne and Henry Hewitt, jr., requesting the court to appointa receiver for the Traders bank of Tacoma. The court appointed Leonard Howard, Mr. Hewitt's private secretary. fixing his bond at $50,000. The bank will liquidate. The Traders was one of the largest banks in Tacoma up to July 21, 1893, and its stock had sold at $1.25. On that date, as a result of heavv withdrawals, the bank suspended, remaining closed until January 24th last, when it reopened Since then deposits decreased from $150.000 to $55,000, and the largest stockholders decided to close and liquidate. The trustees say the assets are sufficient to pay all depositors and that the stockholders will be paid 50 to 75 per cent and perhaps in full for their stock. The capital was $500,000. The bank was organized six years ago.


Article from The Salt Lake Herald, May 20, 1894

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Article Text

TACOMA BANK FAILURE. Tacoma, Wash., May 19.-On application of two trustees, the superior court today appointed Leonard Howarth receiver of the Traders' Bank of Tacoma. The bank will liquidate. The Traders' was one of the largest banks in Tacoma up to July, 1893, when, as a result of heavy withdrawals, the bank suspended, remaining closed until January 24 last, when it reopened.


Article from St. Paul Daily Globe, May 20, 1894

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Article Text

Tacoma Bank Suspends. Tacoma, May 19.-The Traders' Bank of Tacoma suspended payment this morning and a receiver was appointed. This bank failed last summer and reopened a few months ago. It is said all depositors will be paid.


Article from Reporter and Farmer, May 24, 1894

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Article Text

Bank Failure at Tacoma. Ticoma, Wash., May 21.-The Traders' B: nk of Tacoma suspended payment this If orning and a receiver was appointed. The bank failed last summer and eopened a few months ago. It is said all depositors will be paid.


Article from The Middleburgh Post, May 24, 1894

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Article Text

Failure of a Tacoma Bank. The Traders' Bank of Tacoma, Wash. suspended payment and a receiver was appointed. This bank failed last summer and reopened a few months ago, It is said all the depositors will be paid.


Article from The Herald-Advance, May 25, 1894

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Article Text

Bank Failure at Tacoma. Tacoma, Wash., May 21.-The Traders' Bank of Tacoma suspended payment this morning and a receiver was appointed. The bank failed last summer and eopened a few months : go. It is said all depositors will be paid.


Article from The Dickinson Press, May 26, 1894

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Article Text

Bank Failure at Tacoma. Treoma. Wash., May 21.-The Traders' Bank of Tacona suspended payment this no in in and a receiver was appointed. The bank failed last summer and (-opened a few months :go. It . is said oil depositors vill be paid.


Article from Fisherman & Farmer, June 1, 1894

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Article Text

South and West. CONGRESSMAN OATES'S nomination for Governor of Alabama is assured as more than enough delegates who favor him have been chosen in the County Conventions THE Cleveland (Ohio) conference between miners and operators to settle the bituminous coal strike came to naught. OVER 150 Industrials raided ranches and fruit farms in Vaca Valley, California, for the purpose of driving out the Chinese and and Japanese. They took a number of prisoners and drove them ahead, maltroating them. The Industrials were finally arrested and with the Chinese and Japanese placed in custody in Vacaville, J. H. BLAYTON shot and kille his young wife at Richmond, Va. He then shot and cut himself. THE Georgia Populist State Convention at Atlanta nominated J. K. Hines, of Atlanta, for Governor. Hines is a well-known attorney who was at one time a Judge of the Superior Court In Georgia HENRY SCOTT. colored, arrested for the murder of his six-year-oldstepdaughter was lynched by a mob of 100 colored men at Jefferson, Texas. DURING a storm in Hawkins County, Tennessee, crops were badly damaged. A number of persons were injured, and one. a colored man named John Kelly, was killed. MANY dwellings on a Cincinuati (Ohto) hillside have been twisted out of shape and are threatened with demolition by a slowmoving landslide. THE Traders' Bank, of Tacoma, Wash., which failed last summer and reopened a few months later, has suspended again and a receiver has been appointed. Two aldermen, three police officers and four judges and clerks of election were indicted in Chicago, Ill., for alleged violation of election laws. NOTHING like the weather of a few days ago has been experienced in Texas for twenty years. There was a heavy frost, and crops are badly damaged. THE heaviest snowstorm in years prevailed in Eastern Kentucky. At Corbin the snow was eight inches deep. All sorts of crops were rulned or badly injured as is result. WILLIAM PURDUE. at Rinehart, Mo., shot and killed A. W. Randle, then set fire to Rundle's house, and shot and killed himself. Rundle received five bullets in his head. He was about filty-eight years of age. His murderer was a single man, about thirty-five years old.