gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
eef6b4e320cac312
Response Measures
None
Events (2)
1.October 30, 1905Run
Cause Details
Sudden unspecified withdrawals/panic among depositors; no specific trigger given in articles.
Measures
Ordered large sums from Chicago and paid depositors in full; local banks stood ready to assist.
Newspaper Excerpt
A run on the savings department of the Corn Belt Bank commenced at noon today. All demands are being met in full.
Source
newspapers
2.November 1, 1905Reopening
Newspaper Excerpt
The arrival of $300,000 from Chicago yesterday stopped the run on the Corn Belt bank; the normal business of the institution has been resumed.
Source
newspapers
Newspaper Articles (10)
1.October 30, 1905Evening Times-RepublicanMarshalltown, IA
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Article Text
RUN ON A a BANK. Corn Belt Bank at Bloomington the Victim. Bloomington, Ill.. Oct. 30.-A run on the savings department of the Corn Belt Bank was commenced at noon today. All demands are being met in full. President Howell says the bank's condition was never better.
Run on an Illinois Bank. Bloomington, III., Oct. 31.-A run on the savings department of the Corn Belt bank of this city began during the day. All demands are being met in full. President V.E. Howells says the bank's condition was never better. Large sums of money have been ordered from Chicago and local banks are ready to assist in meeting all obligations.
3.October 31, 1905Ottumwa Tri-Weekly CourierOttumwa, IA
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Article Text
BANK MEETS RUN. Bloomington (III.) Institution Pays Depositors in Full. Bloomington, Ill., Oct. 30.-A run on the savings department of the Corn Belt bank commenced at noon today. All the demands are being met in full. President Howell says the bank's condition was never better.
4.October 31, 1905The Montgomery AdvertiserMontgomery, AL
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Article Text
Run on Bloomington Bank. Bloomington Ill., Oct. 30.-A run on the Savings Department of the Corn Belt Bank of this city, commenced at noon today. All demands are being met in full. President V. E. Howell says the bank's condition was never better. Large sums of money have been ordered from Chicago.
5.November 1, 1905Rock Island ArgusRock Island, IL
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Article Text
Cash Ends Run. Bloomington, III., Nov. 1.-The arrival of $300,000 from Chicago yesterday stopped the run on the Corn Belt bank. The bank has received back the deposits of a large number of those who were panic-stricken. The run had no effect on the other banks.
6.November 1, 1905Watertown RepublicanWatertown, WI
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Article Text
DEPOSITORS MAKE RUN. Bloomington (Ill.) Corn Belt Bank Able to Meet All Demands of Sudden Trouble Without Delay. BLOOMINGTON, III., Oct. 30.-A run on the savings department of the Corn Belt bank of this city began today. All demands are being met in full. President V. E. Howell says the bank's condition was never better. Depositors are being paid without sixty days' notice.
7.November 9, 1905Iron County RegisterIronton, MO
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Article Text
Chicago Money Checks Bank Run. Bloomington, Ill., Nov. 2.-The arrival of $300,000 in currency and bills from Chicago checked the run on the Corn Belt bank, and the normal business of the institution has been resumed.
8.November 9, 1905Mexico Missouri MessageMexico, MO
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Article Text
Chicago Money Checks Bank Run. Bloomington, III., Nov. 2.-The arrival of $300,000 in currency and bills from Chicago checked the run on the Corn Belt bank, and the normal business of the institution has been resumed.
9.November 10, 1905The Tupelo JournalTupelo, MS
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Article Text
Chicago Money Checks Bank Run. Bloomington, III., Nov. 2.-The arrival of $300,000 in currency and bills from Chicago checked the run on the Corn Belt bank, and the normal business of the institution has been resumed.
10.November 11, 1905Macon BeaconMacon, MS
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Article Text
Chicago Money Checks Bank Run. Bloomington, Ill., Nov. 2.-The arrival of $300,000 in currency and bills from Chicago checked the run on the Corn Belt bank, and the normal business of the institution has been resumed.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.