Howard Savings Institution (Newark, NJ)

Episode Information

Episode UID
55000371091
Episode Type
Run Only
Bank Type
savings
Bank ID
5500037 routing
Routing Number
55-0003
Start Date
November 19, 1890
Location
Newark, New Jersey (40.736, -74.172)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1a4ad30a80773f39

Response Measures

None

Events (1)
1. November 19, 1890 Run
Cause Details
Articles report heavy withdrawals but do not identify a trigger or specific rumor; confidence later restored.
Measures
Paid out deposits promptly; management (President Frelinghuysen) publicly stated bank could pay all depositors in full.
Newspaper Excerpt
There was a run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it.
Source
newspapers

Newspaper Articles (10)
1. November 20, 1890 The Helena Independent Helena, MT
Article from The Helena Independent, November 20, 1890

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Article Text

Have a Million Left. NEWARK, N. J.. Nov. 10.-There was a run on the Howard Savings institution to-day. Money was paid out as fast as clerks could count it. President Frelinghuysen says the bank can pay every depositor in full and have a million dollars left.

2. November 20, 1890 The Cheyenne Daily Leader Cheyenne, WY
Article from The Cheyenne Daily Leader, November 20, 1890

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Article Text

Can Pay in Full. NEWARK, N. J., Nov. 19.-There was a run on the Howard Savings institution today. Money was paid out as last as the clerks could count it. President Frelinghuysen says the bank can pay every depositor in full and have a million dollars left.

3. November 20, 1890 Los Angeles Herald Los Angeles, CA
Article from Los Angeles Herald, November 20, 1890

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Article Text

A Run on a Bank. NEWARK, N. J., Nov. 19.-There was a run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it. President Frelinghuysen says the bank can pay every depositor in full, and have a million dollars left.

4. November 20, 1890 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, November 20, 1890

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Article Text

Run on a Newark Savings Bank. NEWARK, N. J., Nov. 19.-There was & run on the Howard Savings institution today. Money was paid out as fast as the clerks could count it. President Freling. huysen says the bank can pay every depositor in full and have a million dollars left,

5. November 20, 1890 The Stark County Democrat Canton, OH
Article from The Stark County Democrat, November 20, 1890

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Article Text

n Run on a Savings Bank. NEWARK. N.J., run on the Howard Savings bank continues, but all comers me promptly paid. The susnit says it have plenty of money. A number of leading made de. posity in " this morning.

6. November 22, 1890 Waterbury Evening Democrat Waterbury, CT
Article from Waterbury Evening Democrat, November 22, 1890

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Article Text

Howard Savings Bank Run Ended. NEWARK, N. J., Nov. 22.-The run on the Howard Savings Bank is apparently over. Every depositor who has wished it has been paid in fuld.

7. November 22, 1890 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 22, 1890

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Article Text

The Run Still Continues. NEWARK, N.J., Nov. 21.-The run on the Howard Savings bank still continues. The Jap Got Too Fresh. Miles D being a .....

8. November 23, 1890 Richmond Dispatch Richmond, VA
Article from Richmond Dispatch, November 23, 1890

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Article Text

Newark's Bank-Bus Abated. (By telegraph to the Dispatch.] NEWARK, N. J., November 22.-The run on the Howard Savings Bank has considerably abated this morning, confidence being restored. Many depositors are returning their money.

9. November 23, 1890 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, November 23, 1890

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Article Text

The Run on the Howard Savings Bank. NEWARK, Nov. 22.-The run on the Howard Savings bank considerably abated this morning. Many of the depositors are returning money.

10. November 27, 1890 Spokane Falls Review Spokane, Spokane Falls, WA
Article from Spokane Falls Review, November 27, 1890

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Article Text

Run Slightly Abated. NEWARK, N. J., Nov. 22-The run on the Howard Savings bank was considerably abated this morning, many depositors returning their money.