sep 1, 1893 - Panic of 1893
Description:
The Panic of 1893 was a severe financial panic lasting from May of 1893 to November, 1893, with a run on currency, and banks closing, and businesses and manufacturers not being able to open because they had not cash to pay workers or buy materials. The panic included declines in the stock market, the failure of Wall Street brokerage houses, and the failure of 158 national banks in 1893, mostly in the South and West.Added to timeline:
Date:
sep 1, 1893
Now
~ 131 years ago