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Show Failure of a National Buult. Chicago, 24, The City National' hank, with a cash capiial of $250,- 000 closed its doors this morning, the stockholders having decided to go into voluntary liquidation. It has beon found impossible lo convert the assests speedily enough to meet the continued drain on its cash resources. In the opinion of the directors the assets will be ample to pay all the liabilities if the directors will give the officers a short time to turn themselves. them-selves. The cashier says the entire liabilities, exclusive ol the capiial stock are $800,000, which is mostly in deposits. This amount secured by the assets, making a nominal surpl'js over all liabilities of about $130,000 ia nearly all collectable. No other banks are seriously aflected by the failuro. |