gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1f4c7cc68d1893e3
Response Measures
None
Events (2)
1.December 5, 1882Chartered
Source
historical_nic
2.May 27, 1884Run
Cause
Local Banks
Cause Details
Run at Arkansas National began after a run and closure of the Hot Springs National Bank amid rumors about its president.
Newspaper Excerpt
A run has commenced on the Arkansas National bank, Hot Springs, which is understood to be in good condition.
Source
newspapers
Newspaper Articles (10)
1.May 28, 1884Daily Kennebec JournalAugusta, ME
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Article Text
Another Bank in Trouble. HOT SPRINGS, Ark., May 27. The Hot Springs National Bank closed its doors today, owing to a run on the bank, caused by the reported absence of the president, Andrew Bruon. The liabilities are $40,000. A run has commenced on the Arkansas National Bank of Hot Springs, which is understood to be in good condition. There is great excitement.
2.May 28, 1884Eureka Daily SentinelEureka, NV
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Article Text
Another Bank Closed. Hor SPRINGS, Ark., May 27.-The Hot Springs National Bank closed its doors, owing to a run on the bank, caused by the reported absence of the President, Andrew Bruon. The liabilities are $60,000. A run was commenced on the Arkansas National Bank, Hot Springs, which is understood to be in good condition. There is great excitement.
3.May 28, 1884The Democratic LeaderCheyenne, WY
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Article Text
A Rumor Causes a Run. HOT SPRINGS, Ark., May 27.-The Hot Springs National bank closed its doors to-day owing to a run on the bank caused by the reported absence of President Andrew Brown. The liabilities are $40,000. A run has also commenced on the Arkansas National bank, which is understood to be in good condition. There is great excitement.
4.May 28, 1884The Semi-Weekly MinerButte, MT
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Article Text
Runs on Banks. HOT SPRINGS, May 27.-The Hot Springs National bank closed its doors, owing to a run on the bank caused by the reported absence of President Andrew Bruon; liabilities, $40,000. A run has commenced on the Arkansas National bank, Hot Springs, which is understood to be in good condition. Great excitement prevails.
5.May 28, 1884The Rock Island ArgusRock Island, IL
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Article Text
Bank Failure at Hot Springs. LITTLE ROCK, Ark., May 28.-A Hot Springs special says the Hot Springs National bank closed its doors, owing to a run on the bank caused by the reported absence of President Andrew Brown with a balance to his debit of $40,000. The run commenced on the Arkansas National bank, of Hot Springs, which, it is understood, is in good condition. There is great excitement at Hot Springs.
6.May 28, 1884The Daily DispatchRichmond, VA
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Article Text
says that the Hot Springs National Bank closed its doors to-day owing to a run on the bank caused by the reported absence of President Andrew Bruton. Its liabilities are $40,000. A run has commenced on the Arkansas National Bank, Hot Springs. which is understood to be in good condition. There is great excitement at Hot Springs.
7.May 28, 1884The Dallas Daily HeraldDallas, TX
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Article Text
A Panic at Hot Springs. LITTLE Rock, Ark., May 27.-The Demo crat's Hot Springs special says; The Hot Springs National bank closed its doors owing to a run on the bank, caused by the reported absence of President Andrew Bruen. Liabilities, $40,000. A run has commeneed on the Arkansas National bank, of Hot Springs, which it is understood isin good condition. There is great excitement st Hot Springs. LITTLE Rook, May 27.-This afternoon a worrant was issued in Hot Springs for President Bruon's arrest. He is charged with falsifying the bank's accounts, but be could not be found. 0.0 of the directors telegraphs that
8.May 28, 1884The Salt Lake HeraldSalt Lake City, UT
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Article Text
Bank Breaks. Hot Springs, 27. - The Springe National Bank closed its doors, owing to the run on the bank caused by the reported absence of President Andrew Brown. Liabilities, $40,000. A run has commenced in the Arkansas National Bank, Hot Springs, which is understood to be in good condition. Great excitement.
9.May 29, 1884The Emporia Weekly NewsEmporia, KS
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Article Text
It Has Reached Hot Springs. LITTLE Rock, May 27.-The Democrat's Hot Springs special says: The Hot Springs National bank closed its doors owing to a run on the bank caused by the reported absence of President Andrew Bruon. Liabilities, $40,000. A run commenced on the Arkansas National bank at Hot Springs, which 18 understood to be in good condition. Great excl'ement at Hot Springs.
10.May 30, 1884Iowa County DemocratMineral Point, WI
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Article Text
Another Bank. LITTLE Rock, Ark., May 27 - The Democrat's Hot Springs special says the Hot Springs National bank has closed its doors owing to a run on the bank caused by the reported absence of the president, Andrew Bruon. Liabilities $40,000. A run commenced on the Arkansas National bank which is understood to be in good condition. Great excitement prevails at Hot Springs.
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.