The commonwealth. (Greenwood, Miss.) 1896-1923, 1898-01-14
oun.s COMMERCIAL REVIEW.

The New year VO00o WE BSv0WsSsshuh0
Prospects. What ths Failures 81 the Year
show--rhe Bus.ness VI the Latter Hsif
of the Year shows Favorable Compafi.
son with that Of the Former Half.
New YORK. Jan. s.-R. q. Dun &
Co.'S weekly review OF trade says in its
issue OF to-day:
In failures 1897 was not only the best
year since 1892. but, on the whole, the
best ever definitely known. With 3D.
| 522 failures in number ll.5 per cent
| less than 1895 and SIs2, 5sl,77l de-
faulted liabilities, $40 per cent less
than in 1896. the years banking rail-
ures counted for s2s, 2ls, 700, aud the
commercial failures were but Ia
ISL, with liabilities Of Sl54,3s2,o7l.
| the average per failure being
ONLY sll,559, the lowest ever
known except in 1892. But even In
| that year the failures during the last
| half averaged liabilities Of Sl0.477 per
| failure, while in the last half OF 1877
the average was only S9.393, The re-
| turns by branches of business show
| that In Ii out OF IS classes the failures
were lower than in any previous year
Of which there is record, with es-
pecially large decrease in the
great number OF nnelassed manu-
| iacturiug and trading failures.
| Moreover, the year showed remarka-
bic decrease, rs sou,e other prosperous
wears naye sAowu increase, comparing
the second with the first half. The
| new year besau with disappointment
for sneru.aturs in stociss and gram.
whicA is not bad slgh. Frees OF
stocks have gained little, after
yielding at first, and close rs cents per
share higher for railroads and Sl-oa
per share higher for trusts.
Wheat declined IL cents owing to
the termination of the corner at Chs
easo and western receipts were about
double last years with Atlantic eX-
ports 2s4b,5ls bushels, flour included,
against :, 100, yOH last year. specnla-
tive estimate makes the quantity still
IN farmers hands 40 per cent. Of the
crop, which is quite possible, but the
consumption and exports in half the
year ought to take more than 40 per
! ,..,, ~ ~, ,,a,,r's sun,,iv
- 49, aisan,,,ntmant 10
,,,,,,. ,,,,,,,,,.,, :, a,d not ,h,nae at all
=, any,, $780, .,i,hn,rh H.. .,.nnots of
r,,lr,.,tin Ia wares Inv Nav England
,v,aI,s ,y,rra,, Inn. Of larger con-
s,,,nr,ion
Cotton consumption is little en-
,,,,ya,.al t,, ,arr,.r danu,a f,r ooods
sfn.a ,ha sa,,t7n, in nrires, and the
ah.,an,io, ~ hrvsrs fn. months mast
49, ,,nahnh1, ha., ana in l,rg,. meas
.'ao r r ,,''',,'.,o,i>,r ~ ,,,t ..dnc,i,,
W nh'' 49, ana ,.nr.t.d mills ,re
a,l ,,,,,;,,,. ,,n,l n,;t, 1,r,.lv at
nrieo. nr,hahlv clnss to the best, for
r,,nn,s ,rh;oL a.olar.a ,b.re ,yara M
si,,,"1,i,,,,s ,nnth ,,r, 49,. NOW pa.
ia;',ir,, ,ha, r.nant r,,n,.dn.ss in
n.;.as hoe nassed awav Remind all
,ha r,,.,,at rannr,s tb.ra is tha fact
, .na A a',r as -, wo',, has for
',han, sna manths hssn ,ha larrps,
49, n,,d tro h,,,;n,, ;ndi,.at.a
aaas ,ha dannrd far s,ch heavy
ws;rht roods as has been onened that
sfa.,ory half YEAR is .xn.cted
priaas g, far mid arc said to be from
>, y, "a nor cent h;rhar than n wear
aro with wool from "a tn 90 per cent
higher. but the buyinr is thus fur en-
: rourayed. The iron manufacture ha,
0 been further encouraged by unusua
| buSinuss far the season including