Two Chicago Banks Fail

Chicago, Sept. 23.- The Oakland Bank, a small private institution in this city, has closed its doors. Liabilities are reported at S60,000, and assets nominally about $75,ouO. The failure also closes the Hyde Park bank, a branch of the Oakland bank. The depositors of the Hyde Park bank are sec u red by special assets, which amount to $11,000. The unusually heavy demand of the depositors and the diffloulty of getting securities cashed are the reasons given for the failures. Neither bank will resume business.