The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1879-07-24

~ viii uc tccu ny Tic IOfckOiuk 'u3t iOf
the first six months of 1879. the failures in
the United States were 4 O5S in number, a.
against j, SIS for the first ak months for
1873. The liabilities, in the same period
OF this yesr, are only si1ty-6ve millions OF
dollars, as against $50 millions for the FIRST
six months OF last year. The difference in
f-Yo- OF 1879 is, therefore, that there have
been nearly two thousand (l969) less fail
ures. while the extent of liabilities show
decrease of over % milllons-precisely one
half of what they were in the first six
months of 1878 Not the least gratifying
feature ia the marked reduction in the av-
ersge indebtedness of each failure. as
shown BY the foregoing table. Upon
the facts "a revealed BY these 6s-
ures, Messrs. K. G. Dun 4 Co. remark ::
'To show how completely reversed is the
condition of trade, 30 far as indicated BY
these statistics, as compared With last year,
We quote q sentence contained in our circu-
lar Issued this day one year ago, referring
to the failures of the first half of 1878:
These figures of increase in failures and
liabilities are of very grave import, for
never before in an equal period in the
history of the country have business mis-
| fortunes been so numerous, or aggregate an
amount of loss by bad debts 20 great. To-
usy' IN contradistinction 70 THIS gloomy
picture, it is our great good fortune to say
mat never before IN our experience 10 the
compilation OF THESE statistics, has the de-
crease in mercantile casualties been so
marked; in no previous period has the
comparison of losses by bad debts been SO
| favorable as at the present hour"
The indications are numerous on every
hsnd Oh an improved condilon OF business,
Ireafe iu iaiiufes. hs'oe rom ,he uifect
~ ses OF laIse sums 'nrough "is,orlunes oil
,his charac.er' 'ne amount iocksd up in es-
az a"Hiuns a'Ju-.nen' is more serious
uhu . al iuu H.uSe ssPltai. Out even
slea'ei man 'nis Is 'ne euect upon the con-
Huence ~ eseeniai 10 business pursuits
Numerous iAhures le.sro business ven
lures i. greater ra,io t1an any otner
ing e'il" s, "h.ie .ne PlooSoiit'y
oI 60. ia'n III 'ne III
lure, anu thls ,selng OF sAiely contributes
aimos' as "ucn az an !ncen,r III, 10 uansac'
ions as inc hope vi GAM Inc oeciine I'D
vaiees' anu 'ne so-enEe OF renunsrsuse
proh's eAPel,enceu IN All pranches Oh Dusi-
oess curing the last TWO years served 10
Ihlens,i! 'ne anxiety always ieit "nen
losses py iaiiure are reiuen' OF even prop
aoie OUT now tha' Inc nguIes above SUD-
m'tlfd reVesl -uen a marsed Improvement,
IA compared WIN tue losses cn,onicieo IN
previous yea,s oy osa ueois'snotner element
is adoeu 10 'ne growing confidence airesoy
maniies'lne itseii especially wnen TAKEN
III connection WIN tne present s'eaainess I'D
Prices Improvement IN vaines OF many
r'APies' anu 'ne eSiuen' CROWN Id the VOL
ume Oh business.
| IN RELATION 10 tne grown Id the volume
oil business IN ,he past SIX
months as compared win the TRANSACTIONS
81 me same period In 1870 the circular be-
iofe US contains returns from all the clear
ing houses IN the country come y IN num-
her' located In the chlei centres OF hnance
FROM nsures IL appears ihat ihe Total set-
iements,or balances 10 De ADJUSTED between
the various banks, INDICATED an increase OF
business all over the country exceeding ~
per cent. inere are seven out oil the
twenty-five cities whose returns show q
oecreafe IN 'ne ak nonths from local
caute'' ~nich IN the next ak months may
| not PreVaii' out that inc total results should
IN the SIX months snow gam OF one NTH
notwithstanding these local influences, If
next 10 the failure ngures themseives, a
very Satisfactory showing
Inc circular before us contains brief,
out e&piicit, reports from iOrty or nifty
representative cities, furnished by the
o'snch managers Oh the agency al esch To-