Article Text
ANOTHER BANK SUSPENDS. The Terminal of Brooklyn in Hands of State Examiner. New York, Oct. 26.-The Terminal bank of Brooklyn suspended today and the state examiner is in charge.
Terminal Bank (New York, NY)
Episode Information
- Episode UID
3031826291294- Episode Type
- Run → Suspension → Reopening
- Bank Type
- state
- Bank ID
-
303182629hash - Start Date
- October 26, 1907
- Location
- New York, New York (40.714, -74.006)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
b7723773d20f1376
Response Measures
None
Events (3)
1.
October 26, 1907
Run
- Cause
- Local Banks
- Cause Details
- Withdrawals and pressure following the failure of the Williamsburg Trust Company in Williamsburg triggered runs on Brooklyn banks
- Measures
- Largest depositors agreed not to withdraw funds (reported later)
- Newspaper Excerpt
- closed its doors this morning as the result of the failure of the Williamsburg Trust company yesterday
- Source
- newspapers
2.
October 26, 1907
Suspension
- Cause
- Local Banks
- Cause Details
- Suspended after inability to raise currency to meet depositors following local trust failure; state examiner placed in charge
- Newspaper Excerpt
- The Terminal bank of Brooklyn suspended today and the state examiner is in charge.
- Source
- newspapers
3.
November 21, 1907
Reopening
- Newspaper Excerpt
- The Terminal Bank of Brooklyn ... reopened today. It was declared perfectly solvent by the State authorities.
- Source
- newspapers
Newspaper Articles (16)
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Article Text
Close in Brooklyn. Brooklyn, Oct. 26.-The Terminal Bank of Brooklyn, closed its doors this morning as the result of the failure of the Williamsburg Trust company yesterday. A slight run on the Nassau Trust company of Williamsburg started this morning but is being easily handled.
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Runs on Two Banks. Brooklyn, Oct. 26.-The Terminal Bank of Brooklyn closed its doors this morning as a result of the failure of the Williamsburg Trust company yesterday. A slight run on the Nassau Trust company of Williamsburg was started this morning but it is being easily handled.
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SOME LITTLE FLURRIES New York, Oct. 26.-The Terminal bank of Brooklyn closed its doors today. It cleared for the Williamsburg Trust company. There was a small run on the Nassau Trust company. Pittsburg, Oct. 26.-The Stock Exchange was closed again today.
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Suspends Payments. New York, Oct. 26.-Terminal Bank of Brooklyn, with capital stock of $100,000 and deposits of about $240. 000. has suspended payments.
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Another Brooklyn Failure. New York, Oct. 28.-The Terminal bank of Brooklyn, a small state institution with a capital of $100,000 and deposits of about $240,000, has suspended payment.
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BROOKLYN BANK REOPENS. NEW YORK, Nov. 21.-The Terminal Bank of Brooklyn, one of those that suspended during the recent panic, reopened today. It was declared perfecily solvent by the State authorities.
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TERMINAL BANK RESUMES. Brooklyn Institution Reopens for Business Today. Special Dispatch to The Star. NEW YORK, November 21.-Another of the suspended banks resumed business today, when the Terminal Bank, a state institution in Brooklyn, followed the example of the Twelfth Ward Bank of Manhattan, and reopened its doors. The Terminal Bank was generally classed in the public mind as one of the Jenkins banks, as Frank Jenkins of the Williamsburg Trust Company was one of its directors. Now that he has resigned, Supt. Williams of the state banking department, finding the institution solvent, has given permission to continue business where it was interrupted October 25.
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BROOKLYN BANK TO REOPEN New York. Nov. 20.-Announcement is made that the Terminal Bank of Brooklyn which suspended on the morning of the recent banking flurry, will reopen tomorrow. The largest depositors have agreed not to withdraw any funds for an indefinite period.
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BROOKLYN BANK NOW READY TO RESUME New York, Nov. 20.-Announcement is made that the Terminal Bank of Brooklyn, which suspended during the recent banking flurry, will reopen its doors tomorrow. The largest. depositors in the bank have agreed not to withdraw any of their funds for an indefinite period.
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SUSPENDED BANK WILL OPEN AGAIN (By Associated Press.) NEW YORK, Nov. 20.--The aunouncement was made that the Terminal bank of Brooklyn, which suspended during the recent banking flurry, would reopen its doors to. morrow.
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Bank Will Resume. New York, Nov. 21.-The Terminal bank, of Brooklyn, which suspended during the recent banking flurry, will reopen its doors to-day. The Terminal bank closed its doors because of its inability to raise currency on short notice to meet the demands of its depositors. The largest depositors in the bank have agreed not to withdraw any of their funds for an indefinite time.
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SUSPENDED BANK WILL AGAIN OPEN ITS DOORS By Associated Press. NEW YORK, Nov. 20.-Announcement 19 made that the Terminal bank of Brooklyn, which suspended during the recent banking flurry, will reopen its doors tomorrow. The largest depositors in the bank have agreed not to withdraw any of their funds for an indefinite period.
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Brooklyn Bank Reopens. NEW YORK, Nov. 21.-The Terminal Bank of Brooklyn, which suspended during the recent bankIng. flurry, reopened today.
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Suspended Bank Resumes. By THE JOURNAL'S Special Wire. NEW YORK, Nov. 21.-The Terminal Bank of Brooklyn, one of those that suspended during the recent panic reopened today. It was declared perfeetly solvent by the State authorities. During the first hour it was open more than $45,000 was deposited.
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BANK IN BROOKLYN WILL REOPEN TODAY NEW YORK, Nov. 20.-Announcement is made that the Terminal bank of Brooklyn, which suspended during the recent banking flurry, will re-open its doors tomorrow. The Terminal bank closed its doors because of its inability to raise currency on short notice to meet the demands of its depositors. The largest depositors in the bank have agreed not to withdraw any of their funds for an indefinite time.