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Business Failures Jan. 3-First national bank of Faribault, Minn., closed: receiver appointed. 9-Brott cotton mills, Massachusetts, capital $1,200,000. 27-Standard Rope & Twine Co., N. Y., for $12,000.000. 29-Pan-American: bank. Chicago; assets $17,200, liabiNities $75,900. Mar. 5-Arnoid Brewing Co., Saulte St. Marie, Mich.; liabilities $85,000; assets $65,000. 7-Coe Co., Minneapolis; liabilities, $200.000. Apr. 3-Ladoga, Ind., bank; assets $80,000. liabilities $109.000. Lexing. 24-Canton, O., state bank closes ton, Okia., First national bank falls. 26-Barberton. O., First national bank Jun. 2-Ladysmith, Wis., First national bank closed. 19-Fyfe & Munson, Chicago, placed in recelver's hands, 23-Vicksburg, Mich., exchange bank. 26-Knight, Donnelly & Co., Chicago. 28-Terre Haute, Ind., national bank closed doors. Jul. 5-Spring Valley, Ill., and Toluca, III., national banks close. 6-Hagerstown, Ind., Commercial bank; liabilities, $125,000. 19-Spring Valley, O., bank closes. 20-City national bank. Kansas City, Mo. Aug 2-West Liberty, Ky., bank closes. 21-Western bank. Louisville, Ky.: due to overloans. Sep. 19-Minot, S. D., national bank closes dcors. Oct. 6-Peoria (III.) national bank closes because of Dougherty indictments. Nov. 1-Kingfisher (Okla.) national bank closed by comptroller of currency. Dec. 18-John R. Walsh's three banks In Ch eago. Chicago National, Home SavIngs and Equitable company in liquidation. Local clearing house guarantees payment of . $26,000,000. Public and private accounts Involved. 27-Merchants Trust company, American Savings bank and Mechanics Savings bank. Memphis, Tenn., close doors; first named in liquidation.