Natural Bridge Trust Company (St Louis, MO)

Episode Information

Episode UID
682400091597
Episode Type
Run β†’ Suspension β†’ Closure
Bank Type
state
Bank ID
68240009 hash
Start Date
January 9, 1933
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8729bfc78cb3d55f

Response Measures

None

Events (3)

1. January 9, 1933 Run
Cause
Local Banks
Cause Details
Heavy runs on St. Louis banking institutions during the preceding week.
Newspaper Excerpt
heavy runs on St. Louis banking institutions during the past week
Source
newspapers
2. January 16, 1933 Receivership
Newspaper Excerpt
voted close and place their banks in the hands state bank examiners
Source
newspapers
3. January 16, 1933 Suspension
Cause
Local Banks
Cause Details
Heavy runs and the closing of other small neighborhood banks in the city.
Newspaper Excerpt
The Institutions which failed to open today the Chouteau Trust company, the Natural Bridge Trust company
Source
newspapers

Newspaper Articles (2)

Article Text

OF TWO OR THREE WEEKS RIVER Mayors of Moline, East Moline, Rock Island and Muscatine Take Action Rock Island, Jan. two weeks' banking holiday was started this morning In Rock Island, Moline and East Moline, under proclamations of the mayors of those cities. The proclamation explains the purpose of the holiday measure preserve the stability the flnancial and business institutions and resorted to because of the beneficial results by various other cities during the 18 months when public apprehension and uncertainty seemed call for action protect the individual citizen and the common welfare. not expected that business houses generally will close under the holiday plan. Davenport not affected. Muscatine, Too Muscatine, Iowa. Jan. business holiday of three weeks Muscatine was proclaimed this morning by Mayor Herman Lord. Directors the First National bank and Hershey State banks sued statements to the effect that their institutions will remain closed for the duration the holiday. The Muscatine State bank was open for usual today, and, directors issued statement. an official of the institution said this policy would continue. Six Small St. Louis Close Louis. Jan. small banks today failed to open their doors because of the heavy runs on St. Louis banking institutions during the past week. In all instances the boards of directors announced they had voted close and place their banks in the hands state bank examiners in an effort to protect depositors. closings brought the total of banks closed here to 12 during the past week. Total deposits of the six institutions. according to the last monthly statements, was more than $7,000,000. The Institutions which failed to open today the Chouteau Trust company, the Natural Bridge Trust company, the bank of Louis, the Grant State bank, the Lowell Bank and the Scruggs, Vandervoort and Barney's bank. of the Scruggs bank made their after the close of business Saturday.


Article Text

Eight More St. Louis Banks Close Their Doors St. Louis, Jan. 17.β€”Eight St. Louis banks failed to open yesterday, making 16 banks with aggregate deposits exceeding $15,000,000 closed in the city and St. Louis county within the last 12 days. Most of the closed institutions were small neighborhood banks. Those which closed today were: Twelfth Street National bank, capital stock $300,000; deposits, $945,393; LaClede Trust Company, deposits $1,111,013, total resources $1,789,516; Chouteau Trust Company, deposits $668,835; total resources $1,019,141; Natural Bridge Trust Company, deposits $913,951, total resources $1,265,956; Lowell bank, deposits $2,457,134, total resources $3,517,290; Grant State bank, deposits $1,190,178, total resources $1,718,534; Sarah-Olive bank of St. Louis, deposits $174,572, total resources $425,653; Scruggs Vandervoort and Barney bank, operated in a downtown department store of the same name, deposits $1,762,642, total resources $2,507,530. PIG TURNS TABLES Salt Lake Cityβ€”The pig which Harold R. Howard was trying to slaughter turned butcher itself. The pig was hung from a nail and Howard had stabbed it in the throat once. Thinking the one stab had not been sufficient, Howard grabbed one of the pig's legs and raised the knife a second time. The pig gave a frantic kick which caused the knife to slip and cut Howard's hand. He lost considerable blood before he reached the hospital.