Savannah morning news. [volume] (Savannah) 1868-1887, 1884-09-29

About so per cent. were those Of small
traders whose capital was less than
s.. 600. Among the suspensions reported
were Burdett x Pond, rubber importers,
New. York city; Chadwick, Peters ~
Holt. wholesale dry goods, Syracuse, n.
y: Simon Hays Il Sons, wholesale cloth
ing Rochester. y. Y; NewcOmD-Buchan-
an Co, distilIeries, Louisville, KY; Jacob
BeiresdOrf, furniture manufacturer, and
HarZfeld. Friend Il Co., cloak manufac-
turers, Chicago: Logan National Bank
and TAYLOR. Fisher x Co., grain, West
Liberty. Ohio; Day Brothers n Co., whole
sale dry goods, Peoria, H.; Hathaway
Il Co., crOckeTy, san FranclscO.s and
the st. Louis Malleable Iron Co. In the
principal trades. they were as follows:
GrOceTs 81, general stores 81, liquors IL,
manufacturers Is, hardware and agricul-
tural implements IL, clothing IL, lumber
and material 10, Jewelry 9, carriages, etc,
:. furniture 6, hotels and restaurants .,
shoes >. dry goods ), bakers ,, cOnfection-
ers 4, fancy goods 4, statiOners, printers,
etc. 4. produce and provisions 4, coal and
wood >, drugs 3, grain and millers .,
mems furnishing goods 3, markets ), To-
baccO and cigars ;, banks and bankers ,,
clOaks ,, crOckery >, harness >, plumb
ers ,.
ALABAMA.
Lsbye.-Danner 4 Co, coal and wood, as
signed 10 George +. sage. They were in
VOWED by the failure OF the Bank of MObie,
Of which the senior partner was President
They are also partners IN the banner Land
Roatgo%erg.&wynian & Bail, hardware,
failed.
Saskatchewan 4 Mcmillan, general
store and lumber. reported assigned on ac-
count OF the suspension Of the banner Land
and Lumber Company, IN which they were
largely Interested.
offer p cents.
FLORIDA.
.Jasper.-w. II. simpson. general store, at
tached $3.50. Liabilities 81 200.
GEORGIA.
Au.Jtsfa. -Thorne Hardware Company sold
out to n. II. Morrill,, and states that propo-
.ifiun for a settlement viii be made to credl-
tors as soon as it can realize on assets. La
bilities from $1,000 TO 5000:
fraiaesriHe.-D. Z. bIcAllister. commission
huggics, etc, attached by Cincinnati credi-
tors.
Saraandh.-G. Il. Hohenstein, plumber,
Sherin's sale advertised for Oct. Is.
HiifhriIls.--Iames Graves, general store,
failed and sold out Liabilities about 81, 800.
TENNESSEE.
Nemphb.-J. +. Hawkins, drugs, attached;
J. II. Scraggs x Goa, produce and commission,
sold cut.
The near approach of the end of the
third quarter Of the year renders possible
an interesting examination OF the number
Of failures occurring each week, together
with a number of the more imp Ortant en-
barrassments in the business world.
GaUged by the record of failures in trade
circles since jan. I, the total for 1884
promises to exceed the aggregate which
was fOreshadOwed at the conclusion of
the first quarter ofthe current year. In 1879
in the first quarter, the total was 1850,
from which there was a drop to 1884 in
1850. From that on there has been a
steady gain; in 1881 il was 1886; in 1882,
,, I46; in 1855. 3. 1S9, and in 1884, $500 fail
ures in the United States. In the first
quarter Of 1879 the number of business
failures was 50 per cent. Of the
total for that year; in 1880 the
first quarters share was 81 per cent. Of
those for that year; in 1881 it was SO per
cent; in 1882, IS per cent, and in 1888, 81
per cent. The average Of the five years
named is. thus about 81 per cent. for the
first quarter. In considering this, in an
article in BrddStreet'S on April D, it was
stated that 1.-THE total number of failures
for the first quarter of 1884 being $500"
centage shown it pointed "tO a record of
over t0,4O0 business deaths within tie
current year." This view was fully borne
out by the weekly lists Of failures for the
first six months. During the past quar-
ter, however, the prospect named has
been intensified, and the outlook now is
for a greater increase than Indicated
earlier in the year.