Article Text
Run on a Trust Company. READING, Pa., Nov. 17.-A run is in progress today on the Pennsylvania Trust Company.
Pennsylvania Trust Company (Reading, PA)
Episode Information
- Episode UID
60004171247- Episode Type
- Run Only
- Bank Type
- trust
- Bank ID
-
6000417routing - Routing Number
60-0041- Start Date
- November 17, 1903
- Location
- Reading, Pennsylvania (40.336, -75.927)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
9c9562c200ca7316
Response Measures
None
Events (1)
1.
November 17, 1903
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Run started for unexplained reasons; officers ascribe attempt to break the institution's credit to malicious persons and reassure that bank is sound.
- Measures
- All depositors promptly paid; bank met all demands.
- Newspaper Excerpt
- READING, Pa., Nov. 17.-A run is in progress today on the Pennsylvania Trust Company.
- Source
- newspapers
Newspaper Articles (10)
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Article Text
Money Was Ready for Them. READING, Pa., November 18.-The run on the Pennsylvania Trust Company continued today, but there was a diminution in the number of withdrawals. Most of the callers were from the country districts, and all were promptly given their money. Several drove home with $1,000 to $2,000, and they were warned to look out for robbers.
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Article Text
AN UNEXPLAINED RUN. A Run is Started on a Bank Seemingly Without Cause. Reading, Pa., Nov. 17.-For an unexplained reason a run was started today on the Pennsylvania Trust Company. A continuous line of depositors were paid off. The officers ascribe the attempt to break the credit of the institution to malicious persons.
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Article Text
Malice Starts a Bank Run. READING, Pa., Nov. 17.-A serious run was started today on the Pennsylvania Trust company, the cause for which the company's officials say they cannot understand. The bank paid all demands promptly. The officers ascribe to malicious persons the efforts to injure the credit of the institution.
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Article Text
Run on a Reading Bank. Reading, Pa., Nov. 18.-For some unexplained cause a run was started on the Pennsylvania Trust company, especially in its savings department. A continuous line of depositors pressed forward and were rapidly paid off. The drain on the bank's funds began a few days ago.
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Article Text
CLAMOR FOR MONEY READING, Pa., Nov. 17.-A run is in progress today on the Pennsylvania Trust company. All are being paid, and the institution is regarded as perfectly sound.
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Article Text
Reading Bank Run Over. READING, Pa., Nov. 18 - By - noon to-day the run on the savings department of the Pennsylvania Trust Company had spent its strength and at 2 o'clock there were no more depositors asking for their money.
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Article Text
Run on Pennsylvania Trust Company. Reading, Pa., Nov. 17.-From some unexplained cause a run started today on the Pennsylvania Trust company, especially in its savings department. All depositors were paid off promptly. The bank officials state the institution is in sound financial condition and will meet all demands.
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Article Text
A serious run was started by depositors on the Pennsylvania Trust company at Reading, Pa., yesterday. The officers declare the institution can pay every dollar.
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Article Text
Run on Bank Ceases. Reading, Pa., Nov. 19.-The run on the Pennsylvania Trust company continued Wednesday morning, but there was a diminution in the number of withdrawals. Most of the callers werefrom the country districts, and all were promptly paid their money. At one p. m. it was announced that the run had practically ceased.