Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1893-10-27
the BUSINESS WORLD.
The Percentage of Failures Through
out The Country has Decreased.

4. H. Ladd 4 Co., druggists, Maiden,
Mass. in voluntary insolvency. have debts uf
ubuut !2200. The assets consist ot tn" stock
OF goods in the store, subject to IA mortgage
OF 1900 held by +. II, Ware 4 Go. The firm
offers 10 per cent, payable in 10 days.
Bennrr & Corey, furniture dealers, Lowell,
Mas, petitioners in insolvency. have linhili-
Ilt'~ HIIiOunIIuE ~ 80, 5000 ann as e.. pt
s2l. PITS. Bcnnrr- debts are 1922. 10 and
C,rry'- :203. Each has IA carriage III assets.
Their ofTer is per cent, payable in 80 DAYS.
The Sidwcll-Sahcn tyrl" Company, manu-
farturrr~ ot bicycles, Waltham, Mass, in vol
untury insolvency have liabilities OF about
SIS 900. The assets consist ot stock ma"hin-
cry. tools. etc, in the hands Of the assignee,
Samuel NJ Childs.
~ +. Ball. harness maker, Springfield,
Mass, il IL petitioner in insolvency, with
liabilities OF $50, 600.
G. H. Pratt a real estate dealer. Mime
apolis, Mimi, has assigned. The assignment
has also forced the st. Anthony Park Realty
Company TO the wall, he being president
Pratt and the company owned realty in East
Minneapolis and st. Anthony Park valued at
s700000.
The White River Iron and Steel Works has
resumed making bar iron and steel. The
Muncie Knitting Mil resumed work after
three months idlen"sS. The Over window
Glass Works resumed, and the Whitley Reap
or Works will resume soon. These concerns
are all at Munrir, Ind.
Last Nav Weaver. Getz K Co., one OF the
largest coal producing firms In Indiana. as
signed by reason Of the money strinIcncy.
The assignee has turned the affairs back into
the firms hands, and all the attachments were
removed. The company will resume work at
once. They will open their Louis and Church
i'll mines at Centre Point Ind, giving employ
mcnt t. about six hundred miners who have
been idle all summer.
Bradstreet's reports $40 failures in the
United States during the week, against 4Ot
the preceding week, and PIG, go, 2O2 and l%
in the corresponding weeks OF 1892. lS9l lSN
and 1889. The Middle States had SO; New
England. At; Southern, So; Western, So
Northwestern, %; Pacific 33; Territories, g.
Canada had "a against 80 for the previous
week. or failing enterprises S3 per cent
were Of those employing capital OF 10000 ol
less, and II per cent Of those with S50OO
to 800 900 capital. while slG failures were
reported with capital each in excess OF go,
900,
Dun's Review for the week says that ether,
| has been much gain in hope and little II
business. Assurances that tho repeal bill
will soon be passed have again been ac
cepted by traders ~ reason for buying thing
speculative at higher prices, and with none!
abundant on call. sSS,OOO.OOO havinl
been received within ten weeks, specula-
ton in stocks and products has an unusua
| stimulus. Renewals Of maturing notes to
large amount are forced upon the banks a
New York. though practically all the clearing
house certificates have been retired. Busi
meas Is so slow that merchants are asking 70
new loans, and yet the aggregate OF com
mercial Indebtedness must still be large. Th
state Of the treasury excites some remark, 1t
gold surplus having fallen to fS2, 1926, ,799
Imports are far behind those OF last year, AM
the accumulation OF goods in bond Is unusu
ally large, so that customs as well as interna
revenue receipts decrease heavily. The roo
of the difficulty is the decrease in consump
ton OF all kinds, and in that respect the wee
has brought no perceptibe change.