Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1893-10-19
Fer cent.
assets ia


In6rease II Failures.
The number OF failures during the
INST nine months aggregate ll.i74. or
81 per cent. more than IN . like por-
lion of 1881, when the total was tnly
7.370. and rs uer cent. more than in the
corresponding period In 1891. the
heaviest previous nine months total
81 mercantile endorsements. S.SG3.
The 1l,l74 failures for this wear
carry liabilities amounting to S324. yS7.-
7de. In 1854, also q year Of panic, the
liabilities Tor nine months Of :. 3os
failures carried liabilities arQregatinr
Uuly 9iS6. 961, 600. The volume Of iiabiIi.
ties tor the past nine months was 40
per cent. greater than In the CORE.
Spreading nine months OF 1897.
The four States, New York. Pennsyl-
vanis. New Jersey and Delaware. fur
nish rs per cent. more failures this
year than last, but liabilities have
Q~uadrupled. The eight Western States.
Ohio, Indiana, Illinois, Misst uri, Mich
fQan, Kansas Kentucky, and Colorado,
report relatively the heaviest increase
IN number Of failures, l3O per cent, or
from l,453 to 3,327, while the aggre-
gate liabilities from that region are
iivc times what they were In nine
months Of 1892, on $9l ,927, $40, rs COM
pared with @l6,O78,OO O. In the North
west, Wisconsin. Minnesota, Iowa, Me-
brAsk2, North Dakota, Montana, and
wyoming, the rate OF failures and the
tDcreako 81 liabilities have led also the
number In those seven States, being
almost 100 Fer cent larger in nine
months OF this year compared with last.
o. IN increase from 09S to 1851, and
the volume OF liabilities e'ght times q,
large, Or S64, -, 9l9 as compared with
ss,I5l,OO.
e lumber OF suspended banks in
al thesa "a rasnmea riah;i;tias -
the $40 which suspended were $685.
73l,618. In nine months Of 1892 only II
hanks, owing @lO0,UO or more each,
suspended; In the year before only IS.
and In . like share of 1890 only III. ali
with relatively small liabilities.
Little Hope for the Future.
Tae mercantile failures renort,.d for.
1888 have reached $40. with s27I.74S.
les in lisbiiities. For 1902 the cnrra-
~snondfnr f;vmras are. Ea;lnra, In1.
HnhiIifiss. ss6 M Ala. lar IaoI al
nrss ON. linhiiitia. A-3 All MA. CO..
Ism f.il,,rns IN. nah;l;,iss sa-
AH0 yXf 3EE ss#h4rG
BrnI.t,aat. ,,a,,o, 4. No ,Ana,., ;,,.
prOyoment IN trade. Report, az start.
mo mn ~ enttnn and wn1,Ian MILL ~
Nav E.nvlard avs nuai;aad NTH -.
-n1.nati.ns fhaA In a1most oil ;nsta,oas
Il 3 - short tine ,,;th rndnaa1
fnrca. and IN nydars 1,hara !. an,h.
= ~ tha ~ Sn,,re "a tha h en.,a :, o o,a,,
8 iror ana staal ;rd,ss.;as sha.s
si~ns n rev;rsi Inanstrins ~ so wv, nv
49, - uoints II ma Wva.t .hasa thar
recantfv started m Ate. n,.n,onna5
idlrna.s have again clo.ad
-
Hoke IL Devsllsh Sly.
The suspension Of pensioners still
9oes on. regardless of the profession al
Hoke Smith that further proceedings
under the infamous order would Ia
abandoned. Judge I.ochren,s letter IL
oaeily understood. He Ia \ man al
courage. whatever NAV be said of his
Judgment. He il too nj
any rate, to willingly become a party
10 the cowardly deception undertaken
hy his superior.
The Secretary from Georgia became
alarmed Ct the storm of INDIGNATION
that was raised by the wholesale sus.
pension OF pensioners without q hear
in1: and he backed water. In order To
gain the same point through another
channel. Judge Lochren was not long
IN seeing the point. He had ton much
regard Tor his own clean record as q
man and citizen. however. 10 subiect
himself TO the condemnation Thai must
ultimately ON GO he proceeded 10
announce himself a. responsihle fsr
~ 800. a .,,s,,or.;cr a. 1890 -