Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1900-05-04
APRIL BUSINESS FAILURES
Decrease Nearly q Percent from March Of
This Year,
Number was zoo, Liabilities s7,2l4'-
7s7, Assets sS,592,56T Improve
ment In the West T. Noticeable.

New York. May 4.-Bradstreet's re-
view OF the failures for the month OF
April, win say:
business failures IN april were not
only fewer than in any corresponding
month for a number Of years past, but
they were 10 per cent smaller ln num-
Der than In March. and We're In fact
the highest recorded IN any month
since september last year when busi'
ness embarrassmentsand liabilities were
the smallest reported in any single
month for az least seven years past.
Liabilities showed even "a larger shrink
age from the preceding month OF March
than did failures themselves, the de-
crease being nearly q per cent. but.
compared with April a year ago, the
falling Of is only a fractional one,
this being due mainly 20 the occur
renee of few large failures 10 New
York City and Boston, none OF which,
however was significant OF any par
ticular change or tendency iu the gem
eral course of business The failures
IN april 1900 number 1905 assets So
5g25O; liabilities 81 2l4.isL
When comparisons are made with the
corresponding month In previous years.
the really favorable sde.can be best
appreciated.
For instance, the liabilities in April
1899. We're only about one-half what
they were in 1895. 1896 aud 1885. and
were less than oue-ftth as large as
they were IN April Of the panic year
1888 An even greater proportionate
decline Us shown In The volume Of as
sets. this being a feature frequently
calling for attention Of late. and one
not entirely favorable, as may be
judged by the fact that the percent
age Of assets % liabilities. or. IN other
words. the salvage IN April. 1900 was
only thirty-slX per cent. whereas a year
ago Il was Is per cent, and in April
1896 was fully 55 per cent.
The number Of failures IN every
section of the country g. smaller than
IN April a year ago. the falling on be-
Ing most manifest in States which
year ago had not yet begun 90 feel
the fun measure OF prosperity which
had already reached other portions Of
the country For Instance. failures Ia
New England were 2S per cent smaller
In number ln April this year than they
We're a year ago. They were IA per
cent less On the Middle states and
10 per cent less IN the central West In
the Northwest there is practically no
change To be- noted in number and this
section it win be recalled. was among
the first 90 feel the favorable IN
nuence Of recent years trade pros-
perity. The decrease IN number of
failures IN the South Is nearly 10 per
cent. while the falling on in the PACT
nc coast States Is - per cent. In
the Territories there are only about
one-fourth as many failures as there
were In April, q year ago. A similar.
though less marked falling on in the
value OF liabilities. and therefore of
assets. Is noted In every section except
the Middle States. whore. owing as
above intmated. % "a large failures In
New York city, the aggregate OF la
bilitles and OF assets is rather larger
than IN April q year ago. With this
exception, however the tendency Of
failure liabilities. as of failures. con.
tluues apparently steadily toward a
minimum