Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1903-03-21
BANKRUPTCY IN GERMANY.
Statistics From the kaiscr's Bureau
Make a Q~iscouraainu ShoMinn.

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 han occurred In the pre-
ceding year. The total amount of
creditors claims proved was 224, 500, 900
marks, about $50, 500, 900.
This sum does not include the liabil-
tiles OF the Leipsic bank and OF the
Cassel Malt-dregs Drying company,
which exceeded by far 100, 600, 600 marks.
Nor does 1t 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 So, 800, 600 marks. The court and
receivers costs, including 422, 900 marks
for expenses allowed to creditors COM
mittees, aggregated about 9,400, 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
department., viz, a ministry for COM
merce and industries. The govern
ment has addressed letters of inquiry
concerning said subject TO the cham
bers of IN 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
the changes in foreign industries, yet
1t feels that a central organization is
wanting, where all matters a~ppertain-
Ing to commerce and industries, at
home and abroad, shall be gathered,
sifted n then distributed where IL will
accomplish most practical benefit to
tSe 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 n Dubbs G. 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
month shows considerable increase,
compared with that of corresponding
period In former years, as follows:
NO. emigrants leaving Hamburg. Bremen.
January, 1901 Og3 6.32:
January, 1902. .6,3S5 7.63s
january, O3.............. ,302 10,1S1
over 80 per cent. of all emigrants
leaving these ports go to the United
States. The hare times existing in
European countries cause 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 freight
from eastern Asia were likewise un.
satisfactory, and this was accentuated
by the steady growth of American com.
petition in manufactured articles
which is a acutely felt by Germany.
traffic, even in that with eastern Asia