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Business Failures. Denver. April 22.-The American National bank failed to open this morning. The following notice was posted: "This its bank has closed its doors by vote of directors, and is in my hands, as representative of the government, Zeph T. Hill." The failure does not come as a surprise or indicate any lack of confidence in the genΓ©ral business situation. The condition of the bank has been weak for a long time, because of internal dissensions. The retirement from the directorate and sale of stock by several wealthy men materially reduced the business of the bank. At the last report. made at the close of business March 6. the total deposits were $1,471,951; loans and discounts, $1,128,271; cash on hand, $232,265. The capital stock is $500,000, surplus $150,000. The assets amount to $2,245,173. and it is claimed there will be little trouble realizing on them. The following statement was taken from the books of the American National bank this morning: Resources, cash and exchange, $70,300; bills receivable, $1,078,000; stocks and securities, $265,435: real estate, $136,590: excess on circulation, $22,000; total, Liabilities: Individual deposits, demand deposits, $1,572,325. $530,712; $28,698; banks, time $97,024; deposits, $66,297; due to other A borrowed money, $142,500: total, $805,231. comparison of this statement with that published in March shows that the bank's deposits and reserve have declined very rapidly. Over $200,000 was withdrawn on Monday and Tuesday of this week, and, there being only $70,000 left, the directors decided that the best thing to do was to close the bank. Beside the resources given above there are notes for $500,000 set aside for the recent reduction of the capital stock from $1,000,000 to $500,000 and a fifth interest in the Strong mine at Victor. The president of the bank is John R. Hanna. The directorate consists of some of the leading men of Denver, including File P. Ernest, William and Moritz Barth. Mitchell Benedict, George W. Ballantine and T. J. O'Donnell. In consequence of the failure a run has been started on the National Bank of Commerce. John R. Hanna, president, and Howard Evans, cashier of the American National bank. were arrested late this afternoon on warrants sworn out in Justice Chapman's court, charging them with receiving deposits after the bank was known to be in a failing condition. Both were released on bonds. The run on the National Bank of Commerce ended about noon. All the demands were promptly met. At the other banks the deposits exceeded the withdrawals. President John R. Hanna, of the American National bank. in a published statement over his signature, said: "The shrinkage of deposits and but comparatively few new customers to replenish the loss and the inability to collect our bills, resulted in our inability to continue our business. I believe the depositors will eventually receive the entire amount due them. We have $350,000 in excess of assets exceeding OLT capital over our liabilities. The stockholders also may be assessed $500,000 more if necessary to pay the deposKors. With thus surplus I cannot see any loss to them." D. P. Moffat, president of the First National bank. said the failure was a weeding-out process which would not have any serious effect. The Denver clearing house offered to advance $300,000 to tide the bank over the crisis in its affairs, provided the leading directors and stockholders would become responsible for the sum by signing the necessary papers. It is said that none of them except Thomas Patterson would agree to this. It was then decided to close the institution. Chicago, April 22. -The Mason & Davis Company, manufacturers of stoves and ranges, failed today. and made John J. Whirl assignee. The assets are $73,000, liabilities $107,000. Syracuse, N. Y., April 22--T. C. & J. C. Miller. manufacturers of knit goods at Baldwinsville, have shut down their works and made a general assignment to Thomas H. Benton Crane and Wills Wendell The mill gave employment to 200 people. Preferences are made for $66,000 exclusive of interest and pay of employes. Cincinnati, April 22-The firm of Crawford. Eversole & Smith has assigned to D. D. Woodmansee. The liabilities are $800,000. assets $1,000,000. The firm succeeded Smith & Nixon, which was established in 1828.