The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-07-12
DUN'S COMMERCIAL. REVIEW.

sh iHNii N'tNAN TVNitfF VI tTtlt, ISSUED
to-day say:
There we're =. 80. commercial failures
in the firs, half II 1895. against 1854
In the first half Of 1881. and 6.40l in
the frs half OF 1898. These CONNER.
,ial fail nres involved liabilities Of So
>3p. ga his year. against SOL, .3y. 3,4
.ast year, and slG>. Sol. is3 in l>as
~ompar by quarters for twenty
years show that the average Of liahili.
ties per failure. sli.2.O for the past
quarter against an average Of st...t3
for the second quarter in previous pros
porous years. was $50. b for every firm
in business against s27. - for the
second quarter of previous prosperous
years and that the ratio Of defaults to
payments through clearingh houses was
~. 0i per $1,000 against s..34 for the
second quarter If previous prosperous
years In times IF disaster, SSH per
quarter has been the average Of de-
faulted liabilities per firm in business,
md S. 80 per 81 900 solvent payments
Manu- featuring failures for the half
wear were l.254 against 1901 last year,
and liza billtie> Sio.soi. oi9 against >il.-
$40. lOa last year and about $4,000. 900
IN the first half Of i>e..
Trading failures for the half year
were ). 3a5, against 5.i02 last year and
liabilities SIS. 500 $50 a gains; S5e.3i5.y-.
asst year and about SOL. 900, 0so in l>ps
Manu- featuring failures were q %
per GEN.. ~ all manufacturing con
Germs, against ~ last year. with liza
bilitics averaging Si3 for every con-
Germ. against Slls last year.
Trading failures were Ga Of ! per
cent Of all firms in business. against
81 last year. with liabilities averaging
only S5i for every such concern in
business. against sda last year.
Bank ing failures. not included in
above statements. were GO. with liabili-
ties OF Sl6.n5S. 2-G. against 63 last year,
with liabilities Of l3.os4.46i.
The details show decrease in every
class Of failures in the second. com
pared with the first quarter OF lse5.
both in number and magnitude. the
iefaulting liza bilities averaging SSi
against $40 for every firm in business
and So. o4 against si.03 for every 81 900
solvent payments.
The midsummer reports from ali
commercial centers, to which more
space il given than usual. are Of e~pe-
cial interest, covering the questions
IN which the future business depends,
They Indicate distinctly better crop
prospects than other official or com
mercial accounts. 4 marked increase in
retail distribution 81 products. an act
i've demand for goods. and general
enlarge nent Of the working force.
with some advance in the wages ~
more than half million hands Al
the same time they show that the
rapid advance in prices has somewhat
checked buying OF a few classes Of pro
ducts u every part ~ the country. and
the outlook for fall trade i considered
bright
Nothing disturbs the money market.
The government begins the new fiscal
wear with more than the required gold
reserve. and the disbursement Of
nearly $4,000. o0o by corporations in
interest and dividends will stimulate
business in many branches.
The latest agreement ~ railroad
preside nts j. treated at Chicago as
meaning more than usual and ship
ments have increased. amounting for
four weeks 10 :os,s,. tons east-bonni.
against l,.,3c9 last year and los, III, in
1893
Earn ings of railroads in June. thus
far reported. amount TO s2S. osO.sTo in
the United States and are q. : per cent
larger han la-, year, but 10. per cent.
less than in i-s3.
The advance in iron continues. and
the Thomas company has raised an
thracite No another 81 per ton.
Comparison W prices for various iron
products shows an average ranging
from -, per cent. since February for
wire nails 10 ~ per cent. for anihra-
cite pig and IN al kinds averaging y
per cent. The demapd AMI rise have
come So suddenly that. even while the
first order for shipments of steel bill
lets TO Europe. given some time ago.
when prices were low. is being an
nounced. the prices here have ad-
vanced from 81. in April to ST.. -. or
about 81 per cent
Wool is stronger both here and
abroad. the London sales opening
July mt higher prices. and the aver
age for iOi qualities Of domestic wool,
quoted hv Coat 4 Bros. has risen
nearly half cent since June go
Cotton goods also continue 10 adj
vance and the mills are generally well
employed.
Speculation has advanced cotton
three-s xteenths. though the crop news
is favorable. hut has depressed wheat
. cents in spite OF estimates that the
yield has been materially reduced
since June /. Every year the crop re-
ports are having less influence. and
the time is ripe for the radical change
in government estimates which the
depart ment proposed. The year
closes with more than 1000. 600 bales
American cotton available here and
abroad and with at least $4,000. 900
bushels surplus wheat. although some
make the quantity 3o.0oo.ooo bushels
larger. The crop % oats u certain to
be large, and the prospect for corn has
greatly improved within the past few
weeks