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FAILURE AT LOUISVILLE. Doors of the Falls City Bank Closed-Liabilities, $431,300; Assets, $1,223,000. LOUISVILLE, July 10-The Falls City Bank went to the wall this morning. The bank made an assignment to the Mechanics' Trust Company and closed its doors at No. 701 West Main street. From the beginning of the financial panic last year the bank has been carried along by the clearinghouse, being on the ragged edge all the time. It has been known for several days that it was only a matter of time before the bank would have to go. Depositors will be paid in full and the stockholders will get possibly 35 cents on the dollar. The capital stock of the bank is $600,000. J. T. Moore is president. Maj. W. M. Tillman, cashier, gave out the following statement: Individual deposits, $161,000; savings deposits, $80,700; certificates of deposit, $15,700; due banks and the clearing-house, $223,900; making the total liabilities, $431,300. Total asssets, nominal, $1,223,000. Four Missouri Banks Closed. NEVADA, Mo., July 10.-The Citizens' Bank of Nevada closed its doors this morning, and with it three other banks in the county. The Bank of Sheldon, Bank of Walker and Bank of Bronaugh, all under its control. passed into the hands of receiver A. E. Fordham. The capital stock of the Citizens' Bank is $100.000, but with all four there was only a paid-up stock of $68,400. No statement of assets and habitities has been made. Depreciation of valnes and withdrawals of deposits 18 given as the cause. Other Business Troubles. CHICAGO, July 10.-A bill filed in the Circuit Court to-day to dissolve the Marden frog and crossing-works alleges that William J. Marden, its president, has fraudulently appropriated to his own use over $50,000. The complainants are Wilson H. Brown, of New York; James M. Flower and Columbus R. Cummings, of Chicago, and Preston B. Houston, of Jamestown, N. Y., owning 2,141 shares of the company's $500,000 capital stock, while Marden owns 2,502 shares. The court is asked to wind up the business and dissolve the corporation. CHICAGO, July 10.-R. W. Dunham, of the grain commission firm of R. W. Dunham & Co., which retired from business a short time ago and then got into a legal tangle with the creditors, has made a proposition to settle his $400,000 liabilities. He proposes to pay in full; 50 per cent. cash and 25 per cent. each in one and two years. JACKSONVILLE, Fla., July 10.-The Lake City Bank failure is more serious than was supposed, and the general impression is that it is a complete wreck, though the president says he will pay out. The best business men are badly hit. The county funds are said to be secured. NEW ORLEANS. July 10.-H. Kern & Co., dry goods, have asked their creditors for a respite. Assets. $179,000; liabilities, $114,000.
