Newburg Savings Bank (Newburg, NY)

Episode Information

Episode UID
50017570999
Episode Type
Run Only
Bank Type
state
Bank ID
5001757 routing
Routing Number
50-0175
Start Date
March 26, 1883
Location
Newburg, New York (41.503, -74.010)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6a6267876c18cfbf

Response Measures

None

Events (1)

1. March 26, 1883 Run
Cause
Rumor Or Misinformation
Cause Details
A 'ridiculous rumor' (variously linked to disclosures about Judge Taylor) sparked withdrawals though he had no connection to the bank.
Measures
Bank paid depositors promptly and was amply supplied with ready cash to meet demands.
Newspaper Excerpt
A ridiculous rumor, starting nobody knows how, caused a small run to-day on the Newburg Savings bank; $25,000 was paid out.
Source
newspapers

Newspaper Articles (10)

Article from The Rock Island Argus, March 26, 1883

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Article Text

SAVINGS BANK RUN. I NEWBURGH, N.Y., March 26.--The run on the Newburgh Savings Bank recommenced. this morning. About $25,000 were paid out, and the bank is declared to be supplied with ready cash to meet all demands.


Article from Daily Globe, March 26, 1883

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Article Text

Run on a Savings Bank. NEWBURG, N. Y., March 24.-A ridiculous rumor starting nobody knows how, caused a small run to-day on the Newburg Savings bank, one of the most solid institutions of its kind in the state; $25,000 was paid out.


Article from The Indianapolis Journal, March 27, 1883

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Article Text

Small Run on a Bank. NEWBURG, N. Y., March 26.-The run on the Newburg Savings bank recommenced this morning. The bank is amply supplied with ready cash, and depositors are promptly paid. About $25,000 was paid out this morning. It is supposed the scare originated from the disclosures in the late Judge Taylor's affairs, but he had no connection with the bank, which is in a perfectly safe condition.


Article from Memphis Daily Appeal, March 27, 1883

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Article Text

Kun on the Newburgh Bank. NEWBURGH, N. Y., March 26.-The run on the Newburgh Savings Bank recommenced this morning. The bank is amply supplied with ready cash, and depositors are promptly paid. About $25,000 was paid out this morning. It is supposed the scare originated from disclosures of the late Judge Tyler's affairs, but he had no connection with the bank, which is in a perfectly safe condition.


Article from The Daily Cairo Bulletin, March 27, 1883

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Article Text

Run on a Bank. NEWBURGH, N. Y., March 26. - -The run on the Newburgh Savings Bank recommenced this morning. The bank was amply supplied with ready cash and depositors were promptly paid. About $25,000 were paid out. It is supposed the scare originated from disclosures of the late Judge Taylor's affairs, but he had no connection with the bank, which is in a perfectly safe condition.


Article from Daily Globe, March 27, 1883

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Article Text

Bank Run Renewed. NEWBURG, N. Y., March 26.-The run on the Newburg Savings bank was recommenced this morning. The bank is amply supplied with ready cash and the depositors are promptly paid. About $25,000 was paid out this forenoon. It is supposed the scare originated from disclosures of the late Judge Taylor's affairs, but he had no connection with the bank, which is in a perfectly safe condition.


Article from The Dallas Daily Herald, March 27, 1883

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Article Text

Can Stand the Strain. NEWBURG, N. Y., March 26.-A run on the Newburg savings bank herecommenced this morning. The bank is amply supplied with ready cash and depositors were promptly paid. About $25,000 was paid out this morning. It is supposed the scare originated from the disclosures of the late Judge Taylor's affairs, but he had no connection with the bank, which is in a perfectly safe condition. LATER.-' The run on the Newburgh sayings bank has ended.


Article from Mineral Point Tribune, March 29, 1883

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Article Text

A Run on a Bank. NEWBURGH, March 24.-A ridiculous rumor, starting nobody knows how, caused a small run to-day on the Newburgh Saving's Bank, one of the most solid institutions of its kind in the state. $25,000 whs paid out.


Article from Puget Sound Argus, March 29, 1883

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Article Text

Eun on a Bank NEWBURGH, N. Y., March 26. The run on the Newburgh Savings Bank rec omis menced this morning. The bank amply supplied with ready funds and depositors are promptly paid. About $25,000 was paid O " this morning.


Article from Oxford Eagle, April 5, 1883

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Article Text

Ridiculous rumor, stating nobody knows how, caused a small run on the Newburg (N. Y.) Savings Bank, one of the most solid institutions of its kind in the State, and $25,000 was paid out.