Hopkins Place Savings Bank (Baltimore, MD)

Episode Information

Episode UID
7006471212
Episode Type
Run Only
Bank Type
savings
Bank ID
700647 routing
Routing Number
7-0064
Start Date
December 27, 1900
Location
Baltimore, Maryland (39.290, -76.612)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1380f9b12a4dfe44

Response Measures

None

Events (1)
1. December 27, 1900 Run
Cause
Local Banks
Cause Details
Scare triggered by the failure of the Old Town Bank, causing depositors to withdraw from other Baltimore savings banks.
Measures
Doors opened early; claims promptly satisfied and paid out (about $50,000 paid at Hopkins); accommodated depositors throughout the day.
Newspaper Excerpt
Runs occurred on nearly all the savings institutions, but the most notable were upon ... Hopkins Place Savings bank. Crowds of persons were assembled upon the sidewalks ... to withdraw their deposits.
Source
newspapers

Newspaper Articles (10)
1. December 28, 1900 The Billings Gazette Billings, MT
Article from The Billings Gazette, December 28, 1900

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Article Text

DEPOSITORS WERE SCARED. Baltimore Failure Caused Runs on Other Banks. Baltimore, Dec. 27-A scare among the timid depositors of several savings banks of the city was the only noticeable result of the failure on Wednesday of the Old Town bank. Runs occurred on nearly all. savings institutions, but the most notable were upon the Savings Bank of Baltimore, City Savings bank and Hopkins Place Savings bank. Crowds of persons were assembled upon the sidewalks in the vicinity of these banks long before banking hours this morning and in each case the doors were opened long before the usual hours in order to accommodate those who wished to withdraw their deposits. In every case claims were promptly satisfied, and in a few instances before the doors were closed late in the afternoon some of those who had received their money had with returning confidence replaced their savings and began new accounts.

2. December 28, 1900 The Times Richmond, VA
Article from The Times, December 28, 1900

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Article Text

SCARE AMONG DEPOSITORS. Runs Made on Several Banks In Baltimore. (By Associated Press.) BALTIMORE, Dec. 27.-A scare among timid depositors of the several savings banks of the city resulted to-day from the failure, on Wednesday. of the Old Town Bank. Runs occurred on nearly all the savings institutions, but the most noticeable were upon the Savings Bank of Baltimore, the City Savings Bank, and the Hopkins Place Savings Banks. Crowds of persons were assembled upon the sidewalks in the vicinity of these banks long before "bank hours" this morning, and the doors were opened before the usual hour.

3. December 28, 1900 The News & Observer Raleigh, NC
Article from The News & Observer, December 28, 1900

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Article Text

SCARE AMONG DEPOSITORS. Much Money Withdrawn From Banks Because of the Old Town's Failure. (By the Associated Press.) Baltimore, Dec. 27.-A scare among timid depositors of the several savings banks of the city resulted today from the failure of the Old Town Bank. Crowds of persons were assembled upon the sidewalks in the vicinity of several banks long before "bank hours" this morning, and in each case the doors were opened before the usual hour, in order to accommodate those who wished to withdraw their deposits. In every case the claims were promptly satisfied. President Conkling, of the Savings Bank of Baltimore, said tonight that 617 payments had been made during the day; 330 accounts closed, and the bank paid out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts amounting to $44,855.40 were closed at the City. Savings Bank. At the Hopkins, which remained open for business until nearly nightfall $50,000 in round numbers were paid to depositors. In no case were the doors closed until all had been accommodated. It is possible that the excitement among the smaller depositors will be continued tomorrow, but bank officials assert that they are prepared for a continued draft upon their treasuries. Judge Stockbridge today appointed J. B. Ramsay co-receiver, to represent the court, of the Old Town Bank. A third receiver will be named on Monday. Neither the American nor Old Town Bank receivers have completed a statement of the condition of the property they represent.

4. December 28, 1900 Waterbury Democrat Waterbury, CT
Article from Waterbury Democrat, December 28, 1900

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Article Text

Baltimore Banks Sustain Runs. BALTIMORE, Dec. 28. - A scare among timid depositors of the several savings banks of the city was the only noticeable result of the failure on Wednesday of the Old Town bank. Runs occurred on nearly all the savings institutions, but the most notable were upon the Savings Bank of Baltimore, the City Savings bank and the Hopkins Place Savings bank. Crowds of persons were assembled upon the sidewalks in the vicipity of these banks long before "bank hours" yesterday morning, and in each case the doors were opened before the usual hour in order to accommodate those who wished to withdraw their deposits. In every case the claims were promptly satisfied, and in a few instances before the doors were closed late in the afternoon some of those who had received their money had. with returning confidence, replaced their savings and begun a new account.

5. December 28, 1900 The Denison Review Denison, Dow City, IA
Article from The Denison Review, December 28, 1900

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Article Text

Runs on Baltimore banks. Baltimore, Dec. 28.-A scare among the timid depositors of the several savings banks of the city was the only noticeable result of the failure Wednesday of the Old Town bank. Runs occurred on nearly all the savings institutions, but the most notable were upon the Savings Bank of Baltimore, the City Savings bank and the Hopkins Place Savings bank. In every case the claims were promptly satisfied.

6. December 28, 1900 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, December 28, 1900

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Article Text

Runs. on Savings Banks. BALTIMORE, Dec. 27.-The effect of the embarrassment of the Old Town Bank for which a receiver was appointed late yesterday, was felt in all the savings banks of the city to-day. Throngs of depositors were lined up before the doors. The demands in all cases were promptly complied with. By noon the crowds that had surrounded the banks in the early morning hours, had been accommodated and left and thereafter the banks took on apparently their every day business appearance. President Conkling. of the Savings Bank of Baltimore, said to-night that 617 payments had been made during the day, 330 accounts closed and the bank paid out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts, amounting to $44,855.40, were closed at the City Savings Bank. At the Hopkins, which remained open for business until nearly nightfall, $50,000, in round numbers, was paid to depositors.

7. December 28, 1900 New-York Tribune New York, NY
Article from New-York Tribune, December 28, 1900

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Article Text

RUNS ON BALTIMORE SAVINGS BANKS. A RESULT OF THE OLD TOWN FAILURE-ALL DEMANDS PROMPTLY MET. Baltimore, Dec. 27.-A scare among timid depositors of several savings banks of this city was the only noticeable result of the failure on Wednesday of the Old Town Bank. Runs occurred on nearly all the savings institutions, but the most notable were on the Savings Bank of Baltimore, the City Savings Bank and the Hopkins Place Savings Bank. Crowds of persons were assembled on the sidewalks long before bank hours this morning, and in each case the doors were opened before the usual hour in order to accommodate those who wished to withdraw their deposits. All claims were promptly satisfied, and in a few instances before the doors were closed late in the afternoon some of those who had received their money had, with returning confidence, replaced their savings and opened a new account. President Conkling of the Savings Bank of Baltimore said to-night that 617 payments had been made in the day, 330 accounts closed and the bank paid out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts, amounting to $44,855, were closed at the City Savings Bank. At the Hopkins Place Bank, which remained open for business until nightfall, $50,000 in round numbers was paid to depositors. In no case were the doors closed until all had been accommodated. It is possible that the excitement among the smaller depositors will continue to-morrow, but bank officials assert that they are prepared for a continued draft on the treasuries. Judge Stockbridge to-day appointed J. B. Ramsay co-receiver, to represent the Court, of the Old Town Bank. A third receiver will be named on Monday. Neither the American nor the Old Town Bank receivers have completed a statement of the condition of the property they represent.

8. December 28, 1900 Virginian-Pilot Norfolk, VA
Article from Virginian-Pilot, December 28, 1900

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Article Text

SCARED DEPOSITORS. RESULT OF FAILURE OF THE OLD TOWN BANK. (By Telegraph to Virginian-Pllot.) Baltimore, Md., Dec. 27.-A scare among timid depositors of the several savings banks of the city resulted today from the failure on Wednesday of the Old Town Bank. Runs occurred on nearly all the savings institutions, but the most noticeable were upon the Savings Bank of Baltimore, the City Savings Bank and The Hopkins Place Savings Bank. Crowds of persons were assembled upon the sidewalks, in the vicinity of these banks long before "bank hours" this morning, and in each case the doors were opened before the usual hour, in order to accommodate those who wished to withdraw their deposits. In every case the claims were promptly satisfied. President Conklin, of the Savings Bank of Baltimore, said tonight that 617 payments had been made during the day; 330 accounts closed, and the bank payed out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts amounting to $44,855.40 were closed at the City Savings Bank. At the Hopkins, which remained open for business until nearly nightfall, $50,000 in round numbers were paid to depositors. In no case were the doors closed until all had been accommodated. It is possible that the excitement among the smaller depositors will continue tomorrow, but bank officials assert that they are prepared for a continued draft upon their treasuries. Judge Stockbridge today appointed J. B. Ramsay co-receiver, to represent the court, of the Old Town Bank. A third receiver will be named on Monday. Neither the American nor Old Town Bank receivers have completed a statement of the condition of the property they represent.

9. December 28, 1900 The Savannah Morning News Savannah, GA
Article from The Savannah Morning News, December 28, 1900

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Article Text

RUN ON BALTIMORE'S BANKS. Bank Depositors, Seared by Recent Failures, Withdraw Their Money From Savings Banks. Bakimore, Dec. 27.-A scare among timid depositors of the several savings banks of the city resulted to-day from the failure on Wednesday of the Old Town Bank. Runs occurred on nearly all the savings institutions, but the most noticeable were upon the Savings Bank of Baltimore, the City Savings Bank and the Hopkins Place Savings Bank. Crows of people were assembled upon the sidewalks in the vicinity of these banks long before bank hours this morning, and in each case the doors were opened before the usual hour, in order to accommodate those who wished to withdraw their deposits. In every case the claims were promptly 801isfied. President Conkling of the Savings Bank of Baltimore said that 617 payments had been made during the day: 330 accounts closed. and the bank paid out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts amounting to $44,855 were closed at the City Savings Bank. At the Hopkins, which remained open for business until nearly nightfall, $50.(hri) in round numbers were paid to depositors. In no case were the doors closed until all had been accommodated. It is possible that the excitement among the smaller depositors will be continued tomorrow, but bank officials assert that they are prepared for a continued draft upon their treasuries. Judge Stockbridge to-day appointed J. B. Ramsey co-receiver, to represent the court, of the Old Town Bank. A third receiver will be named on Monday. Neither the American nor Old Town Bank receivers have completed a statement of the condition of the property they represent.

10. January 1, 1901 The Semi-Weekly Messenger Wilmington, NC
Article from The Semi-Weekly Messenger, January 1, 1901

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Article Text

A RUN ON SAVINGS BANKS Baltimore Depositors Become Frightened All Demands Paid Baltimore, December 27.-A scare among timid depositors of. the several savings banks of the city resulted today from the failure on Wednesday of the Old Town bank. Runs occurred on nearly all the savings institutions, but the most noticeable were upon the Savings Bank of Baltimore, the City savings bank and the Hopkins Place savings bank. Crowds of persons were assembled upon the sidewalks in the vicinity of these banks long before "banking hours" this morning, and in each case the doors were opened before the usual hour, in order to accommodate those who wished to withdraw their deposits. In every case the claims were promptly satisfied. President Conkling of the Savings Bank of Baltimore said tonight that 617 payments had been made during the day; 330 accounts closed, and the bank paid out $141,521. Deposits amounted to about $20,000. One hundred and thirty accounts amounting to $44.855.40 were closed at the City savings bank. At the Hopkins, which remained open for business until nearly nightfall $50,000 in round numbers were paid to depositors. In no case were the doors closed until all had been accommodated. It is possible that the excitement among the smaller depositors will be continued tomorrow, but bank officials assert that they are prepared for a continued draft upon their treasuries. Judge Stockbridge today appointed J. B. Mamsay co-receiver, to represent the court, of the Old Town bank. A third receiver will be named on Monday. Neither the American nor The Old Town bank receivers have completed a statement of the condition of the property they represent.