Bull's Head Bank (New York, NY)

Episode Information

Episode UID
622241090694
Episode Type
Run โ†’ Suspension โ†’ Unsure
Bank Type
state
Bank ID
62224109 hash
Start Date
October 13, 1857
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6572953e371c0352

Response Measures

None

Description

Reports mention suspension possibly effected by injunction to avoid winding up; reopening not confirmed in these articles.

Events (2)

1. October 13, 1857 Run
Cause
Macro News
Cause Details
General run on Wall Street banks amid the financial panic of October 1857.
Newspaper Excerpt
There is a general run on the Wall Street banks, and intense excitement in the street.
Source
newspapers
2. October 13, 1857 Suspension
Cause
Macro News
Cause Details
Bull's Head suspended specie payments along with multiple New York banks during the October 1857 crisis; some suspensions said to have been effected by injunctions.
Newspaper Excerpt
Also, the Chatham and Bull's Head Banks have suspended.
Source
newspapers

Newspaper Articles (11)

Article from The Washington Union, October 14, 1857

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Article Text

NEW YORK, Oct. 13.-Tne Marine, Pacific, Irving, Merchants' Exchange, North River, New York Exchange, Citizens', and Ocean banks have suspended-cight in all. E. Fish & Co., and Brown & Cary, merchants, have suspended. Also, the Chatham and Bull's Head Banks have suspended.


Article from The Daily Gate City, October 15, 1857

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Article Text

News. The following banks are reported suspended on the 13th : Marine, Ocean, Merchants' Exchange, N. Y. Exchange, North River, Irving, Citizens', Chatham, Bulls Head, St. Nicholas, and Market. There is a general run on the Wall Street banks, and intense axcitement prevails in the street. Policemen are stationed at many of the banks to preserve order. Banks.-We add to our list of suspended Banks: Pratt Bank, Buffalo, Pine Plains. The Bank of Worthington, N. Y., and Marine, Chicago, are againreceived. Samuel Hueston, of New York, the publisher of the Knickerbocker Magazine, died Tuesday of last week.


Article from Marshall County Republican, October 15, 1857

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Article Text

General Bank Suspension and Excitement in New York. NEW YORK, Oct. 13. The following banks have suspended today: Marine, Ocean, Merchant's Exchange, New York Exchange, North River, Irving, Citizens, Chatham, Bulls Head, St. Nicholas and Market Street Banks.There is a general run on the Wall Street banks and intense excitement in the streets. Policemen are stationed at many of the banks to preserve order. BOSTON, Oct. 13. The suspension of Messrs. Geo. T. & W. P. Lyman, commission merchants, on state st., is announced. Harrisburg, Oct. 13. The House reconsidered yesterday's vote on the reiief bill, by a vote of 55 to 32.


Article from Holmes County Republican, October 15, 1857

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Article Text

Suspension of New York Banks. NEW YORK, Oct. 13. The following banks have suspended today: Marine, Ocean, Merchants Exchange, N. Y. Exchange, North River, Irving, Citizen's, Chatham, Bull's Head, St. Nicholas and Market Banks. There is a general run on all the Wall Street Banks, and intense excitement in the street. Policemen are stationed at many of the banks to preserve order.


Article from The Tiffin Tribune, October 16, 1857

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Article Text

Great Excitement in New York--Numerous Bank Suspensions--Heayy Run on the Wall Street Banks-Police Called Out!!! NEW YORK, Oct. 13.-The following banks have suspended to-day: Marine, Ocean, Merchant's Exchange, New York Exchange, North River, Irving, Citizens' Chatham, Bullshead, St. Nicholas and Market Banks. There is R general run on the Wall St. banks, and itense excitement in the street. Policemen are stationed at many of the banks to preserve order.


Article from Muscatine Weekly Journal, October 17, 1857

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Article Text

THE NEWS. -The telegraph gives notice of a general suspension of specie payments by the banks of New York and Boston. CALIFORNIA.-The steamer Granada arrived at New Orleans on the 13th, having connected at the Isthmus with the Northern Light from San Francisco, Sept. 20th. The news is not very important. Weller's majority over both his antagonists is 11,000. The Legislature is largely Democratic. Bates, Ex-Treasurer, and Rowe, his clerk, have both been committed to jail in default of payment. Chief Justice Murray is dend. Col. Casey, of Tenn., has been killed in a duel with Mr. Blair. The 'onstitutional Convention of Oregon is in session. The Slavery question was slightly agitated. California markets were du.l. Accounts from the mines were dull. Nothing of importance from Central America. -A riot took place in Baltimore on the 14th between the Americans of the Sixth and the Democrats of the Eighth Ward. Mu-kets and pistols were used. Police officer Jordan was killed and others wounded. -The financial crisis is the burden of the telegraphic dispatches from the eastern seaboard. The following are the New York City Banks reported failed on the 13th: Bank of New York, Artisans, St. Nicholas, Chatham, Ocean, Market, Butchers and Drovers, Merchants, Exchange, Irving, Citizens, Tradesmans, Bull's Head, North River, Marine, Broadway Bank, People's Bank, Bank of the State of New York and Bank of North America. Great excitement prevailed. Policemen were stationed at many of the banks to preserve order. At the meeting of New York Bank Presidents, on the 12th, it was resolved to suspend so far as paying over the counter is concerned; and a Committee was appointed to go to Albany to confer with the Governor, and if possible induce him to call an extra session of the Legislature with the view of obtaining a legalization of the suspension of specie payments. -The election in New Mexico has resulted in the triumph of the Democrats. Otero is elected to Congress by at least 3,000 majority.


Article from Semi-Weekly Standard, October 17, 1857

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Article Text

More Suspensions, dc. NEW YORK, Oct. 13.-E. Fish & Company, Brown & Casey, merchants; also the Chathain and Bull's Head Banks have suspended The Marine Bank stopped by an injunction of its customers. It is presumed the others were stopped in the same manner. By this means the penalty of winding up, which attaches to suspension, is evaded; and it is rendered probable that suspension in most cases will only be temporary. This understanding relieves excitement. Three more banks, the Tradesman's, the Market, and the St Nicholas, have suspended. BOSTON, Oct. 18.-Lyman & Brothers, china merchants have suspended.


Article from Republican Vindicator, October 17, 1857

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Article Text

[SECOND DISPATCH.] NEW YORK, Oct. 13.-Five more banks -the Chatham. Bull's Head, Tradesmans', Market and St. Nicholas-have suspended. [THIRD DISPATCH.] New YORK, Oct. 13, P. M.-The Marine Bank was stopped by an injunction on its customers, and it is presumed that the same course was adopted in regard to others By this means, the penalty of winding up which attaches to suspension, is evaded, and renders it probable that suspension in most cases is only temporary. This understanding relieves public excitement.


Article from Mineral Point Tribune, October 20, 1857

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Article Text

Boston, Oct. 13. The suspension of Messrs. Geo. T.& W. P. Lyman, commission merchants on State street is announced. New York, Oct. 13. The following banks have suspended to-day: Marine, Ocean, Merchants, Exchange, N. Y. Exchange, North River, Irving, Citizens. Chatham, Bulls-Head, St. Nicholas and Market Banks. There is a general run on the Wall street Banks, and intense excitement in the street.โ€” Policemen are stationed at many of the Banks to preserve order.


Article from Weekly North Carolina Standard, October 21, 1857

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Article Text

More Suspensions, &c. NEW YORK, Oct. 13.-E. Fish & Company, Brown & Casey, merchants; also the Chatham and Bull's Head Banks have suspended The Marine Bank stopped by an injunction of its customers. It is presumed the others were stopped in the same manner. By this means the penalty of winding up, which attaches to suspension, is evaded; and it is rendered probable that suspension in most cases will only be temporary. This understanding relieves excitement. Three more banks, the Tradesman's, the Market, and the St Nicholas, have suspended. BOSTON, Oct. 13.-Lyman & Brothers, china merchants have suspended.


Article from The Spirit of Democracy, October 21, 1857

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Article Text

TEN NEW YORK CITY BANKS GONE UP. -The following banks of this city suspended this morning, Oct. 13 : The Marine, Pacific, Irving, Merchants' Exchange. North River, New-York Exchange, Citizens' and ocean- Chatham and Bull's Head Banks have suspended--(in all 10 banks.