The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1903-03-20
BANKRUPTCY in GERMANY.
Statistics From the kaiser's Bureau
Make a D~iscouraojnu Showino

wake d DiSCouFa9lnq showing.
Frankfort-on-Main. The Imperial
German Statistical bureau has pub
lished an interesting account concern
ing bankruptcy cases in Germany. The
cases entered in the bankruptcy courts
during the year 1901 were 9.419, being
1,707 more than occurred in the pre-
ceding year. The total amount of
creditors claims proved was 224, 500, 900
marks, about $50, 500, 900.
This sun does not include the liabil-
tiles of the Leipsic bank and of the
Cassel Malt-dregs Drying company,
which exceeded by far 100, 900, 900 marks.
Nor does it take any account of the
numerous mercantile failings which were
forced into the court of bankruptcy, but
were settled by compromise or private
ly arranged.
The assets comprised in these 9,419
bankruptcy cases yielded to the cred
itors $1,000, 900 marks. The court and
receivers costs, including 422, 900 marks
for expenses allowed to creditors COM
mittees, aggregated about 9.4Oo, 900
marks.
The kingdom of Saxony showed the
greatest increase in bankruptcy cases,
Saxony is the principal manufacturing
state of Germany.
The little kingdom of Holland is
about to create a new governmental
oSpoA lAllClllp fAA.S d lll1ll1SIIy LUZ COIN.
merce and industries. The govern
ment has addressed letters of inquiry
concerning said subject to the cham
bers of commerce. In said circular let
ter the Importance of such a depart
ment Is demonstrated. Though the
government has hitherto given much
attention to the progressiveness of and
h changes In foreign industries, yet
1T feels that a central organization is
wanting uyharo oil Vootfaro o~~~~<oS>
ing to commerce n industries, at
home and abroad, shall be gathered,
sifted and then distributed where it will
accomplish most practical benefit to
the country.
Capitalization and combination are
the great features of industrial devel-
opment of the present. Three Of the
largest machine works of Great Britain
are about fusing their capital and in
terests. These are Nelson Reid & Co.,
Sharp Stewart and Dubbs & Co. Of
Glasgow. OF the eleven locomotive
works existing In Great Britain, the
above named three firms make more
than so per cent. Of all locomotives
turned out.
Emigration via the German ports,
Hamburg and Bremen, during last
compared with that Of correspondents
period In former years, as follows:
NO. emigrants leaving Hamburg. Bremen.
1anuary, 3,O93 6.325
January 1902 ............... 1856 1858
oAAuaAy 15Uo.. ,5UZ 1912
Over 80 per cent. Of all emigrants
leaving these ports go to the United
States. The hard times existing in
European countries aus this increase
in emigration.
The annual report for 1902, lately is
sued by the chamber of of
Bremen, in speaking Of the depressing
condition Of the shipping interests,
says:
The freight traffic Of Australia was
adversely affected by the long drought
existing there. The return freights
from eastern Asia wvre likewise I'M
satisfactory, n his was accumulated
by the steady growth Of American COM
petition in manufactured articles,
which is a acutely felt by Germany's
traffic, even in that with eastern Asia"