gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8e879b072ff475ee
Response Measures
None
Description
Sources report a community-requested suspension only; no clear mention of permanent closure or later reopening in these clippings.
Events (1)
1.November 26, 1860Suspension
Cause Details
Suspended specie payments at the urgent/request of the business community (precautionary/community-requested suspension).
Newspaper Excerpt
The Planters', Union, and State Banks, of Tennessee, have suspended, at the request of the community.
Source
newspapers
Newspaper Articles (10)
1.November 27, 1860The National RepublicanWashington, DC
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Article Text
BANK SUSPENSIONS. Nashville, Nov. 26.-The Planters', Union, and State Bank, of Tennessee, have suspended specie payment at the request of the community. I
2.November 27, 1860Evening StarWashington, DC
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Article Text
Bank Suspensions. NASHVILLE, Nov. 26. - The " Planters', " "Union," and "State Bank," of Tenn., have suspended specie payment, at the request of the the community.
3.November 27, 1860The Daily DispatchRichmond, VA
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Article Text
Banks Suspended. Nashville, TENN., Nov.26.-The Planters', 1 nion and State Banks of Tennessee have suspended at the request of a committee. M. A late of the from ARTISTS' AND PAINTERS' SUPPLY
4.November 27, 1860New-York Daily TribuneNew York, NY
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Article Text
TENNESSEE. NASHVILLE, Tenn., Monday, Nov. 26, 1860. The Planters', Union, and State Banks, of Tennessee, have suspended, at the request of the community.
5.November 28, 1860The Oxford IntelligencerOxford, MS
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Article Text
SUSPENSION OF THE BANKS AT NASHVILLE. NASHVILLE, Nov. 26.-At the urgetit request of the business community, the Bank of Tennessee, the Planters and Union Banks stispended specie payment to-day.
6.November 28, 1860Chicago Daily TribuneChicago, IL
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Article Text
Mr. Hamlin at Detroit. DETROIT, November 27.-Senator Hamlin arrived last evening from Chicago and leaves to-night for Cleveland en route for Washington. Suspension of Banks. NASHVILLE. Nov. 26.-Planters, Union and State Banks, Tennessec,suspended by request of the community.
Suspension of the Banks-Correspondence. NASHVILLE, Nov. 26, 1860. To the Presidents of the Bank of Tennessee, Planter's and Union Banks: GENTLEMEN:-Herewith please find a letter addressed to W. A. QUARLES, Esq., Supervisor of Banks, signed by a number of merchants and citizens, together with his answer to the same. This correspondence in reference to a suspension of specie payment by your respective Banks will speak for itself. We only ask your early attention to the same, and that consideration which the importance of the subject demands. Yours, respectfully, GEO. W. CUNNINGHAM, T. ANDERSON,
8.December 1, 1860The Daily Gate CityKeokuk, IA
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Article Text
Suspension of Banks. Nashville, Nov. 26. The Planters, Union and State Banks, Tennessec, suspended by request of the community.
9.December 1, 1860New Orleans Daily CrescentNew Orleans, LA
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Article Text
SUBPENSION IN TENNESSEE.- On the 26th the Bank of Tennessee, the Planters' and Union Banks, all located at Nashville, suspended specie payments-at the general and expressed desire of the community, the telegraph says.
10.December 5, 1860The Weekly MississippianJackson, MS
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Article Text
Further by the Arago HAVRE COTTON MARKET. Havre, Nov. 9.-The prices of cotton yes terday fully recovered the decline of the 2d. We quote New Orleans Bas at 94f. The sales to-day were confined to 1500 bales, the market closing quiet st unchanged quotations. BANK SUSPENSION N TENNESSEE. NASHVILLE, Nov. 26.-At the urgent roquest of the community, the Bank of Tennessee and the Planters' and Union Banks suspended specie payment to-day. FAILURE IN BUFFALO. BUFFALO, Nov. 24.-The money punic here. is felt with severity. The extensive banking establishment of Messrs. Wm. 0 Brown & Co. suspended to-day.
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.