Thirty First Street Bank (Chicago, IL)

Episode Information

Episode UID
5903315791086
Episode Type
Run Only
Bank Type
state
Bank ID
590331579 hash
Start Date
June 21, 1890
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5a4f40e66f4313e4

Response Measures

None

Events (1)
1. June 21, 1890 Run
Cause
Local Banks
Cause Details
Run triggered by closing of the Park National Bank and shared officer (president also vice-president of Park National).
Measures
All drafts/calls were promptly cashed; officers said they could meet all demands; some depositors increased deposits.
Newspaper Excerpt
As a result of the closing up of the Park National bank yesterday, there was a run to-day on the Thirty-first street bank.
Source
newspapers

Newspaper Articles (2)
1. June 22, 1890 The Morning News Savannah, GA
Article from The Morning News, June 22, 1890

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Article Text

A Run on a Chicago Bank, CHICAGO, June 21.-As a result of the closing up of the Park National bank yesterday, there was a run to-day on the Thirty-first street bank. This was due to the fact that its president, Melville T. Roberts, was also vice president of the Park bank. All drafts were promptly cashed, and some depositors increased their deposits. The officers claim to be able to meet all demands,

2. June 22, 1890 The Sun New York, NY
Article from The Sun, June 22, 1890

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Article Text

A Run on so Chicago Bank. CHICAGO, June 21.-As a result of the closing up of the Park National Bank yesterday there was a run to-day on the Thirty-first Street Bank. This was due to the fact that its President, Melville T. Roberts, is also Vice-President of the Park National. All calls, however, were promptly met. and some of the heavy depositors increased their deposits. The offlcers of the bank say they are able to meet all demands.