Stock Growers National Bank (Cheyenne, WY)

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Episode Information

Episode UID
265201116
Episode Type
Run Only
Bank Type
national
Bank ID
26520 national
Charter Number
2652
Start Date
December 14, 1892
Location
Cheyenne, Wyoming (41.140, -104.820)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
892c2a121084d818

Response Measures

Accommodated withdrawals, Books examined

Events (3)
1. April 3, 1882 Chartered
Source
historical_nic
2. December 14, 1892 Run
Cause Details
No cause given in article; described only that a run occurred and was met.
Measures
Met all depositor demands; statement showed $150,000 surplus.
Newspaper Excerpt
The run on the Stockgrowers' National bank, of this city, which began last Saturday, has ceased, all demands by depositors having been promptly met.
Source
newspapers
3. July 20, 1893 Run
Cause
Local Banks
Cause Details
Voluntary assignment/ failure of local private banking house T. A. Kent precipitated the run on local national banks.
Measures
Met all depositor demands; received deposits from withdrawers of First National.
Newspaper Excerpt
This precipitated a run on the two national banks of the city, which resulted in the suspension of the First National this afternoon. The Stock Growers' National met all demands.
Source
newspapers

Newspaper Articles (5)
1. December 15, 1892 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, December 15, 1892

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Article Text

NEWS OF THE DAY. -The strike of Georgia Central operators is a failure. -Application for authority to organize a national bank has been filed by the First National bank of Harrison, N. J. -The run on the Stock Growers' National Bank, Cheyenne, Wyo., has ceased. The bank has $150,000 surplus. -John McCinville, a farmer, of Livonia, N. Y., was crushed to death under stone boat while working in the woods. -Archduke Franz Ferdinand, heir presumptive to the Austro-Hungarian throne, has started on a trip around the world. -The professorship of practical theology in Hartford Seminary has been accepted by Rev. Alexander R. Merriam of Grand Rapids, Mich. -H. R. Ives & Co., foundrymen, of Montreal, have made an assignment. The statement shows a nominal surplus of $150,000 over liabilities, -Rosa Cabe, a Jewish maiden, renounced her religion, espoused Catholicism, and was married to Nathan Stapleton at the Cathedral by Father Thomas in Baltimore, -The full bench of the Supreme Court at Boston has decided that it is not necessarily negligent for a passenger to ride on the front platform of a street car while it is in motion. -Forty-three merchants in St. Joseph, Mo., are to be prosecuted for not making affidavit that they do not belong to any pool or combination, as required by Missouri's Anti-Trust law. -Because of the recent deaths in the President's family the official Cabinet receptions and Cabinet days will be omitted during the holidays, and there will be no regular New Year's reception at the White House. -The following New York postmasters have been confirmed by the Senate: Mrs. Julia A. Caney, Amsterdam; William H. Stickles, Philmont; Jacob Schmahl, Wood Haven; William E. Mille, Rosehill; E.C. Grant, Farmer; William B. Barker, Fredonia.

2. December 15, 1892 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, December 15, 1892

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Article Text

Met All Demands Promptly. CHEYENNE, Wyo., Dec. 14.-The run on the Stockgrowers' National bank. of this city, which began last Saturday, has ceased, all demands by depositors having been promptly met. A statement of the bank's condition shows a surplus of $150,000.

3. July 21, 1893 The Sun New York, NY
Article from The Sun, July 21, 1893

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Article Text

Two Cheyenne Banks Suspend. CHEYENNE, Wy., July 20.-Two of Cheyenne's banks have suspended. The private banking house of T.A. Kent made a voluntary assignment. This precipitated a run on the two national banks of the city, which resulted in the suspension of the First National this afternoon. The Stock Growers' National met all demands. The liabilities of Kent's bank Aggregate $258.00 00, but three times this amount can be realized from the Assets placed in the hands of J. W. Foster. the assignee. 1 he First National Bank has a capital stock of $200,000. The liabilities are $502,000. and the assets $725,000. Mr. Kent and President F. B. Hicks of the First National both state that the banks will be able to resume as soon it is possible to realize upon securities.

4. July 22, 1893 St. Paul Daily Globe Saint Paul, MN
Article from St. Paul Daily Globe, July 22, 1893

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Article Text

Runs Have Ceased. WASHINGTON, July 21.-The comptroller of the currency advises this afternoon from Cheyenne, Wyo., that the banks there stand firm. Excitement is ended and no more trouble is feared. Today's deposits far exceed the withdrawals. The examiner in charge of the First National Bank of Cheyenne wires the comptroller that no more trouble is apprehended there, and that depositors who withdraw their money from the First National bank are now depositing it with the Stock Groweas' National bank. Runs on both banks have ceased.

5. July 26, 1893 The Indiana State Sentinel Indianapolis, IN
Article from The Indiana State Sentinel, July 26, 1893

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Article Text

Cheyenne Banks Firm. The comptroller of the currency received advices this afternoon from Cheyenne, Wyo., that the banks there stand firm. Excitement is ended and no more trouble is feared. Today's deposits far exceed the withdrawals. The examiner in charge of the First national bank of Cheyenne writes the comptroller that no more trouble is apprehended there and that the depositors who withdrew their money from the First national bank are now depositing it with the Stock Growers' national bank. Runs on banks have ceased.