The Washington times., 1910-03-05
FEBRUARY FAILURES
SHOW FALLING OFF
Statistics Prove Less Com
mercial Disaster Last Month
Than in January.

Commercial failures during the month
Of February, according 10 statistics
compiled bv r. O. Dun &, Co, numbered
Or. with defaUlted indebteanass
amounting 70 81 I,s29. IN number there
is q decided Improvement over the L.la5
for the same month last year. or tie
1,521 in 1875. but with other recent year
the comparison is UnfavOrabIe.
In the total amount involved, hOwever.
there is a notable increase compared
with last year. when the liabilities were
Sl6,154.s13; SUt four failures iu February
This year-twO iu iron, for s7,5o1, go, and
two in the brokerage class for 800, ,0OJ-
account for SI55Q0,0]0 Of the total la
buiues; deducJinE these, the remaining
LOS report liabilities Of $4,000.
Manufacturing failures were 353 In
number and Sl2,szl go in amount. ana
compare with 81 Tor Ss,I5l. 81 last year
and 393 involving SI2,0lls375 in 1905. Trad
Ing failures make much the best exhibit.
both as 10 number and the aggregate
involved. II4 with defauIted indebIedness
Of s. F5S,5i5 comparing with si1 for S5,41l,-
5s3 last year. and ,l79 for Ss,6I2IE5 in
1905. The comparison with earlier years
is also much closer than,js EOUnd in the
manufacturing class.
Thirty Brokers Go Under.
In the shird class. which embraces
brokers and transporters, defaults num-
bered 80. with liabilities Of Ss,174.sSs. and
as 20 number compare very well with
the majority Of recent preceding years.
but as regards amount inv lived one or
TWO large suspensions expanded the To-
tai FAR beyond normal for the month.
Last year there were SO failures. With
defauItec Indebtedness Of rS2,l5s,S32. f.,
1905. IS FOR S6.5sl. .053. In 1877. , for only
s4ot.sls, while in 1870 they were % and
Separating these failures into different
classes OF business shows that in the
manufacturing class eleven OIt Of M
teen branches report more numerous
failures and increased Indebtedness, as
compared Win last year. iron and rgrf0-
dries mai X the most uufavurah hIe
showing M tins respect. IN fact. the
marked ySfauS-lu IN the total involved
for tle rEC-e manufactures division is
laFET-y accounted for Dy Two large fall
ure- In this class
Clothing and millinery. printing AMI
eH1ra, .DE- milling and bakers and
leather. SHOES and harness are the
classes which sIow sr1uraromauf In
trading only SIX out Of The fftee-
classes provide increases. and eXeent I-
DRY goods none Cr them. are esppcia-T-
large while zen are smaller Ia uErrlr-
as compared with the same month last
year
Notable Improvement IS seen i'm gen
era- stores groceries. meats. and fish
as eomTa eG with last year and rle
year before The largest increase is .n
dry goods. both .u number and amount
the latter being mostly due 90 a single
large failure. in chemicals and drugs
the number was smaller bur there was
"a considerable increase 1T iuieu-educ=s
while ia clothing and millinery the re-
verse was the ease. fairly large in
crease being shown in number with
marked falling OF iU the amount in
V0lEed- Taking tie report as A whole
there is some Improvement compared
with the previous month when llabf-I-
ties were S3-.U-5.l5f. The separation into
classes however dlscl0ses a remark
able change. for whereas. In February
uIalul act-r,lG failures aggregated SI2,-
e-L.fef. trading failures, S=s1S,@f5. and
brokers and transporters. SS-I-t.tSS. IN
January -Ee- We're s. f7e isg. SI-.nr11 IS.
and Sl-.Gf.0Z1 respectively
Statistical View Of Facts.
Liabilities Of failures in leading
branches OF bu.ne~s fo- February are
compared below Nl.h the previous year.