Wellfleet Savings Bank (Wellfleet, MA)

Episode Information

Episode UID
53060170934
Episode Type
Run โ†’ Suspension โ†’ Unsure
Bank Type
savings
Bank ID
5306017 routing
Routing Number
53-0601
Start Date
October 4, 1877
Location
Wellfleet, Massachusetts (41.938, -70.033)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
46db73f556bb8216

Response Measures

None

Description

OCR variants of the bank name appear in articles (Wellfieet/Wellfeet); all refer to Wellfleet, MA.

Events (2)

1. October 4, 1877 Run
Cause
Local Banks
Cause Details
Heavy withdrawals driven by a general panic among Cape Cod savings-bank depositors.
Newspaper Excerpt
suspended payment yesterday owing to a run on it by its depositors.
Source
newspapers
2. October 4, 1877 Suspension
Cause
Local Banks
Cause Details
Bank suspended payment following depositor run amid a Cape Cod-wide savings-bank panic.
Newspaper Excerpt
The Wellfleet Savings Bank ... suspended payment yesterday, owing to a run on it by its depositors.
Source
newspapers

Newspaper Articles (11)

Article from Evening Star, October 4, 1877

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Article Text

Another Cape Cod Savings Bank Gone Under. BOSTON, Oct. 4.-The Wellfieet Savings Bank, Cape Cod, suspended payment yesterday owing to a run on it by its depositors. The bank has 1,263 depositors and deposits amounting to $489,539.61, all of which is safely invested, and the bank is In good condition. There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored.


Article from Daily Press and Dakotaian, October 4, 1877

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Article Text

MISCELLANEOUS. lis ANOTHER FAILURE. Boston. Oct, 5.-The Wellfleet Savings bank, at Cape Cod, suspended vesterday owing to a rule There is a. general panic in Cape; among the savings bank depositors, and prob bly all the banks will close until confidence is restored.


Article from The Cincinnati Daily Star, October 4, 1877

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Article Text

Big Bank Scare. National Associated Press to the Star. BOSTON, Oct. 4.-The Wellfleet Sayings Bank at Cape Cod suspended yesterday, owing to a run on the bank and general panic on the Cape among Savings Bank depositors, and probably all the banks will close until confidence is restored.


Article from The Rock Island Argus, October 4, 1877

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Article Text

Other Bank Troubles. NEW YORK, Oct. 4.-An examination of the books of the Brewers' and Maltsters' Insurance Co., shows that its capital is seriously impaired, and it is understood the superintendent has issued a requisition upon the company for $20,000 to make good the impairment. BOSTON, Oct. 4. - -The Wellfleet Savings Bank at Cape Cod, suspended yesterday, owing to a run. There is a general pauic in the Cape among Savings Bank depositors, and probably all banks will be closed until confidence IS restored. DERBY LINE, Vt., Oct. 4.-Studder's hotel, and a convent and church at Stanstead, burned. Loss $30,000; partly insured. CHICAGO, Oct. 4.-The Railway Mail Service Mutual Benevolent Association, will meet in Cincionati, Oct. 10th.


Article from The Sun, October 5, 1877

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Article Text

Savings Bank Panic on Cape Cod. BOSTON, Oct. 4.-The Wellfleet Savings Bank. Cape Cod, suspended payment yesterday, owing to a run on it by its depositors. The bank has 4,263 depositors, and deposits amounting to $489,539.61 all of which is sately invested, and the bank is in good condition There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence 18 restored


Article from The Wheeling Daily Intelligencer, October 5, 1877

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Article Text

8 And Yet Another Savings Bank Gives up the Ghost and Keeps the Money. ROSTON, October 4.-The Wellfleet Savings Bank, at Cape Cod, suspended yesterday, and owing to the run there is a general panic in the Cape among the savings bank depositors, and probably all the banks will close till confidence is restored.


Article from Chicago Daily Tribune, October 5, 1877

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Article Text

FINANCIAL. BOSTON, Oct. 4.-The Wellfleet Savings Bank at Cape Cod suspended yesterday, owing to the run. There la a general panic on the Cape among savings-bank depositors, and probably all the banks will close until contidence is restored


Article from Ottumwa Weekly Courier, October 10, 1877

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Article Text

P Another One Cone. BOSTON, Oct. 4.-Wellfeet's savings bank, at Cape Cod, suspended yesterday, owing to a run. There is a general panic on the Cape among the savings bank depositors and probably all the banks will close until confidence is restored.


Article from The Princeton Union, October 10, 1877

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Article Text

Probable Closing of Banks. The Wellfleet savings bank at Cape Ced, Mass., suspended on. the 4th, owing to R


Article from The Worthington Advance, October 11, 1877

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Article Text

Probable Closing of Banks. The Wellfleet savings bank at Cape Cod, Mass., suspended on the 4th, owing to a run. There is a general panic on the Cape among savings bank depositors, and probably all the banks will close until confidence is restored.


Article from River Falls Journal, October 11, 1877

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Article Text

Probable Closing of Banks. The Wellfleet savings bank at Cape Cod, Mass., suspended on the 4th, owing to a run. There is a general panie on the Cape among savings bank depositors, and probablv all the banks will close until (confidence is restored.