The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1875-07-22

ing circumstances Of the first half year, the
fact that the failures, as above shown, are
only trife in excess Of previous seasons,
while the liabilities are absolutely less in
amount, shows a staying" power las the
horse jockeys say) on the part of the mer-
camille community which is exceedingly
creditable and encouraging.
This is further illustrated by some start
ling facts which the Agency furnishes, as
TO the failures in other countries, In the
following paragraph:
la the slaDy adverse circumstances from which
We now suffering, other countries are passing
through similar experience. Over production l.
The feature ol the hour all the world, and de-
preston IA trade lick oi profit, and want Of conf
'isnoe, 10y means confined 10 the United
States While bat little comfort can he derived
the condition OF things aBruad there is
satisfaction n knowing thai countries unbCsSed will
lapCr money, excessive tariff and enormous rail!
Idad EXPANSION, are showing even nOre marked signs
ui distress than have been eyino,d We are
enabled TO state, from figures ia Possession, that
the liabilities OF parties who have failed in London
ls-,ls, and Manchester England, alone, within the
last ninety days. tOOis up the enormous amount Of
over Al ,0DO,UJD, SiD0,UgD,UD being - per
greater than the liabilities of all the failures
that have taken place in the United states for the
inst SIX months in the year. Nearer by in Canada,
the failures have teen especially numerous, amount
ing In number Ia over eight hundred and in abili-
s - i'' 80 a. W" t I've 80 ~. ~
i,. IT, an S, ,ne =; ~ Ti a. W
iion Of New York, which has times as many in
business, and hity times the extent Of business.
Attributing the limited number Of fail
ures in the United States, in such trying
,;,,.s 40 ,b. small ;,,.r,,.l i,d.l,,sd,as,
which the acencv maintained vy,s ,b. ono.
and sill further s,,,;no ,b,, tho f.irrs
in rromincnce and significance have hoen
If really L.. ;n,nor,.noo ,h,n :, fo-,o-
v.a,s III. c;rcnl,r ooos ~, ,o
Will, Ibis may No a srbioc, sor cor,,-,,r,,,,o,,
there Is for apprehension thai all months
"a" going Icy, not only with no money being IIade
therein, hut II Is feared that the profits the limited
trad" done are Insufficient 10 meet the aAieIrs III
cuTn,d. Judging 10y the standard "i pTeN gen
eraiion, 10y the hiures that prevail III other
irltsp the a. le-c oi bushes and the cost oi living,
even IN the best OF times, have been excessive and
rs a. always Tie Ease with eNtraNtiu habits, II has
le'n found most difficult 10 reduce tins class Of
Pendulum" IN tn. same faio that trade has declined.
The expectation OF improved business which each
suoc'ssNe season has held out, has had its influence
ia reiaEtIng reircnchment ia this respect, which
now, however cann"t lee longer with safety DELAYED.
The general result OF business since the panic, Is
theIcl"Ie concluded has len 10 Ieiuce, rather than
augment the capital employed, especially 80 if
Tisd valuation 81 assets al present realizable prices
l. made. Prices thai prevail Tor the product II
aim - all classes al industries have steadily decn-
ed, while the extent of the production in many
leading iincs though largely reduced, keeps in ad
vance III the demand, notwithstanding the conces-
sion ia values.
Tho s,.nor ,oooI,,l,. e. ;,, L. I;
~ iS'ie" ny VI
rpctiny attention TO the exhaustive reports
=.
winch the circular contains As 10 the
,,ro,,,.,,,, 80 ,,l ,,,I:,: : - -.
f'f VI 'i', So''"itiOh w 1oPs, epS-,
in fifty different localities i'm the Union at
which points they have Offices, the large
u,;or;,v - ,.b;ob ;,J;,.,, ,,,,,,l A..