Liabilities Of $1,296,225

Dallas, Tex., Dec. 29.- The failura of tlie Security Mortgage and Trust company has causee! much discussion in business circles in this city. Many business men had long erpeotjd trcwible for the concern, but tbe public generally was surprised at the failure. The opinión is general that local losses will b comparatively insigniñeant, but pListern and foreign capitalista witl lose íully $1,300,000 on tlioir invpst'raents ...1 ventures.