The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1875-10-23
LAST EDITION. f.
New York.


WeeUefy-ShOOt1mS Array
NEW YORK. Oct. 23.-H. Hoffman &
Co., dry goods, No. 1856 Broadway, sus-
pended to-day; liabilities about 5000, 600.
Dun, Barlow & Co.'s mercantile agen-
cy has issued statement of business
failures thus far in 1875. Total failures
in the United States for the past nine
months, 1894. Total liabilities, $131, ,172,-
SOB. The greatest number have occurred
within the last three months, involving
liabilities estimated at $54 ,328, ,237.
The failures in New York State, ex-
cept New York City, during the past
S57. The failures in New York City, 546;
liabilities, $31, $50. California, 1856;
liabilities, $3l2,411. Connecticut, 141;
liabilities, 23,36s, $50. Georgia, 1923; liza.
bilities, '$4,318, ,43O. Illinois, 277; liabili-
ties, S6,O13,970. Indiana, 1886; liabilities,
$3,654,9l2. Iowa, 131; liabilities, $I,014,-
805. Kentucky, 106; liabilities, 2,5S2, 800.
Maryland, s.; liabilities, S9,324, ,666.
Massachusetts, 564; liabilities, $15,62S,-
1921. Michigan, 172; liabilities, So, 400, ,652.
Minnesota, 109; liabilities, $1,563, 200.
Mississippi, 145; liabilities, 80, ,973,
New Jersey, n; liabilities, 81, ,s94, lO3.
Ohio, 260; liabilities, $46S6,334. Penn
sylvania, 419; liabilities, .$13,0l9, 1888.
Ooutn Sdrolind, lloj iiapAilIloe, RA,oot,-
515. Texas, 1893; liabilities, $l,876, ,255.
| Virginia, and West Virginia, 80; liabili-
ties, 81, ,460,370. Wisconsin, 1893; liabili-
ties, $l,523,O27. The remaining States
show much smaller proportion of fail.
ures.
/ In Canada, for the same period, there
Ihave been 1857; liabilities, $2l, ,911, ,544
A comparison Of failures in the United
States for the past three months with
the same period in former years gives
the following result: 1872 failures 1850
liabilities 500, 900; 1873, failures 1881,
liabilities $171 1,00O, 900; 1874, failures 4,371,
liabilities SIG, 100000; 1915, failures 1894
liabilities one hundred and thirtyaone
millions, showing an excess over the ay.
erage of the first nine months during the
Ipast four years of LIZA failures and an
excess Of So, $780, 900 liabilities. In New
York City FAILURES during the past nine
months exceed the. same period last
year by sixty-three, with an excess o.
$9, 600, 900 in liabilities. The result il
New York City is not considered start
ling, taking the average OF failures dur
ing the past four years. There were
several heavy failures the past year il
| this city which account for the increase
in liabilities.
l Thesincrease in the number OF failures
however, not only in New York, but IL
numerous sections Of the country, Is al
!; important indication of the times, an
if not accounted for may create appre
tensions as to the future. Those failure
were largely the result of previous mis-
fortunes, with which the trade of th
past three months is not chargeable
MANY of them are the effects of the pani
OF 1878.
Tlie increase in liabilities is traceabl
10 an attempt on the part OF some of th,
heaviest houses to float themselve!
along by increasing their obligations, II
the hopes of revival Of business.
review OF the whole situation show
many indications ofreturning health ant
Yigor. A fair trade has been done at al
most all jobbing centers in anticipation
OF the movement in crops, and the re
l suits Of the autumn trade are encourag
ing.
| In the main there are certainly i'm
proved aspects compared with the sam
period last year. The return to pros
perity is slow but sure. The proportion
Of failures in Canada has been 80 pc
YOOO, while in the United States 1t ha
Il only been 8 per 1000.
An affray occurred at the Fifth Ave
nue. Hotel late last night between Thos
II. Ferris and Edward Haggerty, tw,
well-known local politicians, resultin!
in Haggerty shooting Ferris, lnfiicting
serious wound. The alteration grew
out of discussion concerning the can
didacy OF Morrissey and Fox in tn
Fourth Senatorial district.
The quarrel commenced in bar-roon
and the men clinched as tthey started t.
90 into the street to settle the matter
when Haggerty drew revolver an,
shot Ferris in the groin and fed acros
the river.
I, A Washington special to the Heral
says in connection with the rumo
freely circulated lately that Gran
intends vigorous policy wit
reference to the belligerent rights OF tn
, Cubans, the quiet and formidable cor
centration OF so many men Of war o
the North Atlantic Station, Is. eXcitin
, keen comment, and it is believed an i'm
portant movement in Cuban affairs vii
take place at an early day after the as
sembling of Congress.
Dispatches from Santa Clara, Cuba
say Rafael Martinez has been cour
martialed and shot, at Inhdencia:
1t was rumored in the city yesterda
that arrangements were being. made 10
settlement of the civil suit agains
William M. Tweed, by The restitution O
large sum of money. Tweed's counsel
however, say they knew nothing OF an
such arrangement.
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