Panic of 1896

The Panic of 1896 was an acute economic depression in the United States that was less serious than other panics of the era precipitated by a drop in silver reserves and market concerns on the effects it would have on the gold standard. Deflation of commodities prices drove the stock market to new lows in a trend that began to reverse only after the 1896 election of William McKinley. The failure of the National Bank of Illinois in Chicago is remembered as one of the motivating factors in the sensational Adolph Luetgert murder case. During the panic, call money would reach 125 percent, the highest level since the Civil War.

References

Loerzel, Robert (2003). Alchemy of Bones: Chicago's Luetgert Murder Case of 1897. Urbana: University of Illinois Press. ISBN 0-252-02858-9.
Alchemy of Bones: Chicago's Luetgert Murder Case of 1897 website
W. D. Gann's Forecasting Methods of Stocks and Bonds by D. K. Burton

Banking panics in the United States

1792 1796–97 1819 1825 1837 1847 1857 1866 1873 1884 1890 (Baring crisis) 1893 1896 1901 1907 1910-11 1929 2007-08

Stock market crashes

17th century	Kipper und Wipper period Tulip mania Bubble

18th century	The Mississippi Bubble South Sea Bubble of 1720 Panic of 1792 Panic of 1796–97

19th century	Panic of 1819 Panic of 1825 Panic of 1837 Panic of 1847 Panic of 1857 Black Friday (1869) Panic of 1873 Paris Bourse crash of 1882 Panic of 1884 Encilhamento Panic of 1893 Panic of 1896

20th century	Panic of 1901 Panic of 1907 Depression of 1920–21 Wall Street Crash of 1929 Recession of 1937–38 1971 Brazilian markets crash 1973–74 stock market crash Souk Al-Manakh stock market crash (1982) Japanese asset price bubble (1986–1991) Black Monday (1987) Rio de Janeiro Stock Exchange collapse Friday the 13th mini-crash (1989) Dot-com bubble (1995–2000) 1997 Asian financial crisis October 27, 1997, mini-crash 1998 Russian financial crisis

21st century	Economic effects arising from the September 11 attacks (2001) Stock market downturn of 2002 Chinese stock bubble of 2007 United States bear market of 2007–09 Financial crisis of 2007–08 Dubai debt standstill European debt crisis 2010 Flash Crash August 2011 stock markets fall 2011 Bangladesh share market scam 2015 Chinese stock market crash

See also: List of stock market crashes and bear markets

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Panic of 1896

See also

References