The times. [volume] (Richmond, Va.) 1890-1903, 1896-04-10
FAILURES IN THE SOUTH
4 FLAITERING SHOWING As CON-
PARED WIN PRECEDING FBAR.
Many New Enterprises Reported From the
Southern sistes-One at Basic City
and Another at Glasgow.

BALTIMORE, April s.-The Manufac-
turers Record has ans.yzei the statistics
OF BratstFeet's comsliercial agency Tor
the past three months. showing tie num-
Der @, failures throughout the country as
compared with the corresponding period
Of last year. This shows tina: the record
Of the South Tor the past three months
exhibits a phenomenal business stability
as compared with the failures In the
West and Northwest. The failures IN the
Sorth FOR the first three msnths OF is35
SLOW a total increase n liabilities OF only
$50 GO over tie corresponding period o.,
l,.5, and this entire Increase was ~
Texas. whore a s. 5000 wholesale gro
Gerry failure occurred. But for this the
liabilities In tee South would exhibit
large -ecreass as compared with last
year, notwithstanding the fact that there
was an Increase IN liabilities throughout
the country OF llisC9e. Il. contrast with
the South the Central Western states
show an Increase in liabilities OF III
$4,000 the Middle States s3.5c0.o<o. The
one state cf Minnesota. with an increase
n liabilities ct I95.q.lgQ. showed an IN
e
increase OF liabilities In The entire South.
II fact. the increase IN Liabilities on Mon
tana alone was $500. which vas greater
than the increase IN the thirteen Southern
States.
BANK CLEARINGs.
Comparing tie haGN c.eaglngs for the
first three months OF The year. the Manu-
factlregs' Record says The commercial
agency reports. by far The cest showing
and the largest number CT increases 10
hank clear.rg5 --e reported from me
south" TIE returns Ter the three
months show a gain ID the southern States
in cieart1gs c. i3.5 per cent, compared
with the sane Lne last year against an
increase % only - per cent N me
Western States per cC.t. IN the NORTH
western states. - Pc cent On Ne"
England. and an average gain OF 50 per
cent. t1I tCe entire cc -iEy.
These as.-es show that tls South con
tinues 20 make coed prc Eress in genera
business expersion. Notwithstanding the
Complaints from al parts o. tie colnuY OF
d1lness 81 trade Tho South las ior
several years ras-. despite the general
Oppression. made letter progress L-@4'
s1y other part O. the countfy
NEW ENTERPRISES
A-nonz -ta Industrial enterprises reyort-
ID FIR lie week a-s the organization %.
company a. Norfolk. with PROPOSED
capital stock OF $4,000 for the purpose
O, building a steel floating dry--ock ara
marine railway repair shops $4,000 cot
ton Mill iu coFporatet al spaFtancurs'
5. O.. cotton mills projected AZ Allen-
dale. s c.. Gainesville. Texas. Palmetto.
ca. Aus.sI. Ca; and knitting MIL
AZ sumter. =. C.:asooc1 acre tract q I'm
Der iand has been purchased Ia Alabama
and A large lumber MIL VIII be DUNK j..
connection with o.. $500 cotton-oA MIL
company has been organized tn Arkansas
5000 electric and power plant 10 Flor
IA. g. eco fertilizer company at VAL
dosts. Gs.:as-l 600 electric lghrns plan,
az Houston. Texas. a 5000 tanning ana
tea company. az LAREDO, $4,000 Zee ana
rr,i-s.orace plant a. ia Paso, cement
works % turn out ci0 barrels caiiy' AZ
GLASGOW. Va the enlargement ~ opera
ions br coal company 10 Texas 20
p-5lges 900 tons 81 coal a DAY PSI ea.ly
e,u. The REORGANIZATION and the siafilns
uo ot a long ale furniture manniAe inflis
c9rvany. with $4,000 o. capital al base
CITY Va.