gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2f64115ecc6c137f
Response Measures
None
Events (1)
1.January 27, 1892Run
Cause
Rumor Or Misinformation
Cause Details
Erroneous publication claimed an application had been made to place the bank in the hands of a receiver, prompting withdrawals.
Random Run
Yes
Random Run Snippet
Erroneous publication claimed application for a receiver; was false
Measures
Paid out about $65,000 over two days; declined offers of outside cash support; accommodated all depositors.
Newspaper Excerpt
There has been a two-days' run on the Hopkins Place savings bank, caused, it is claimed, by an erroneous publication that application had been made to place the bank in the hands of a receiver.
Source
newspapers
Newspaper Articles (10)
1.January 28, 1892Pawtucket TribunePawtucket, RI
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Article Text
Depositors Lack Confidence. a BALTIMORE, Jan. 28.-There has been two-days' run on the Hopkins Place Savings bank, caused, it is claimed, by an erroneous publication that application had been made to place the bank in the hands of a receiver. Deposits amounting to $65,000 have been withdrawn. The bank claims to have ample funds to meet any emergency.
2.January 28, 1892Morning Journal and CourierNew Haven, CT
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Article Text
Rnn on a Bank. BALTIMORE, Jan. 27.-There has been a two-days' run on the Hopkins Place savings bank, caused, it is claimed, by an erroneous publication that application had been made to place the bank in the hands of a receiver. Deposits amounting to $65,000 have been withdrawn. Several new accounts, however, have been opened, and the bank claims to have ample funds to meet any emergency. Its annual statement, published January 4, showed it had $1,014,735 invested in stocks and bonds on which it is said $900,000 could be raised in twenty-four hours.
3.January 29, 1892The Roanoke TimesRoanoke, VA
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Article Text
Run on a Bank. BALTIMORE, Md.. Jan. 28.-1Special| -The run on the Hopkins Place Savings Bank was continued to-day. The police were necessary to keep in line the despitors, shoving and crowding and calling for their money. The people withdrawing their deposits are nearly all thrifty foreigners and negroes. Half a dozen bank presidents called on the officers of the Hopkins Place Bank and tendered offers of unlimited amounts of money if the bank needed it, but President Smith declined their offer with thanks, saying they had plenty of money to pay all who came to draw.
4.January 29, 1892The Morning CallSan Francisco, CA
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Article Text
Run on a Savings Bank. BALTIMORE, Jan. 28.-The run on the Hopkins-place Savings Bank continued today. The police were necessary to keep in liue the depositors, who were calling for their money. Half a dozen bank Presidents called on the officers of the Hopkinsplace Bank and tendered offers of unlimited amounts of money if the bank needed it, but President Smith declined the offers with thanks, saying they had money enough to pay all who came.
Not Disturbed by the Run. BALTIMORE, MD., Jan. 28.-The run on the Hopkins Place savings bank was continued to-day. Police were necessary to keep in line the depositors, shouting and crowding and calling for their money. The people withdrawing their deposits are nearly all thrifty foreigners and negroes. Bank presidents called on the officers of the Hopkins Place bank and tendered offers of unlimited amounts of money if the bank needs it, but President Smith declined their offer with thanks, saying they had plenty of money to pay all who came to draw their deposits.
6.January 29, 1892The Salt Lake HeraldSalt Lake City, UT
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Article Text
Run on the Hopkins Place Savings Bank. BALTIMORE, Jan. 28.-The run on the Hopkins Place Savings bank continued today. The police found it necessary to keep in line the depositors who are calling for their money. Half a dozen bank presidents called on the officers of the Hopkins Place bank and tendered offers ot unlimited amounts of money if the bank needed it, but President Smith declined their offers with thanks, saying they had money enough to pay all who came.
7.January 29, 1892Omaha Daily BeeOmaha, NE
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Article Text
Has Ample Funds. BALTIMORE, Md., Jan. 27.-There has been a two-days run on the Hopkins Place Savings bank, caused, it is claimed, by an erroneous publication that application bad been made to place the bank in the hands of a receiver. The bank officials paid out $65,000 in the last two days. No depositor was turned away and every one was promptly accommodated. The bank claims to have ample funds to meet any emergency.
8.January 30, 1892Richmond DispatchRichmond, VA
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Article Text
The Baltimore Bank Run Ended. (By telegraph to the Dispatch.] BALTIMORE, January 29. - The run on the Hopkins Place Savings Bank has censed. President Smith states that more money is now being deposited than is being paid out.
9.January 30, 1892The Morning NewsSavannah, GA
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Article Text
Baltimore's Bank Run Ended. BALTIMORE, MD., Jan. 29.-The - run on the Hopkins Place Savings Bank has ceased. President Smith states that more money is now being deposited than is being paid out.
10.January 30, 1892Morning Journal and CourierNew Haven, CT
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Article Text
TELEGRAPHIO JOTTINGS. The run on the Hopkins Place Savings bank at Baltimore has ceased. The United States minister at Pekin has advised the secretary of state of the practical suppression of the rebellion in Mongolia. John J. Verser, president of the Old Dominion Republican league, was acquitted in the criminal court at Washington yesterday of the charge of having violated the civil service law by soliciting and receiving contributions for political purposes.
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.