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The Bloomfield Bank Failure. The Republican says the Farmer's and Merchant's Bank which failed on Saturday has liabilities amounting to $155,000, of which $100,000 is deposits and $55,000 capital stock paid up. Its assets amount to $160,000. It says that: "The causes which led to this suspension, is the hard times and the difficulty of making collections. Then the banks have been carrying a great many cattle feeders. Last fall our stock feeders were compelled to either go out of the business or go where corn was plenty to feed. The result was that many went to Missouri, Kansas and Western Iowa, and all borrowed largely of the banks expecting to realize by New Year's and settle up. Stock declined, and the feeders saw that they would lose by selling early, so they held on until spring, and lost still more. The result was a failure to liquidate bank indebtedness. Another cause was the high rate of interest paid for deposits. No bank can pay ten per cent. ou call deposit and do a safe business. The result of this failure will cause the abandoning of this practice, and will make our banks more trustworthy than ever. The effect of the failure falls with crushing weight on Mr. Ellis, one of the first settlers of the county. He has always been a prominent man in all efforts to develop or build up the town or country. For more than a quarter of a century he has been a leading business man. Always ready to assist anyone in need-ready to extend a helping hand to young men engaging in, business or seeking a home; ready to help build a railroad, public buildings ,churches or subscribe to any charitable object; he has made many friends who will extend a hearty sympathy to him now, that the bitter days of adversity have come upon him" The Democrat says: "Much excitement prevailed here, Saturday, over the suspension of the Farmer's and Merchant's Bank. Messrs. Van Beuthusen, Carruthers and Nulton are the assignees, and they pronounce that the assets will meet all the claims of depositors.