The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1913-06-07
DUN'S REPORT OF
FAILURES IN MAY

there were fewer CONNER
cial failures reported 10 II. G.. Dun &
Co. during May than IN every other
month this year. with the single eX-
ception OF March. and while the total
liabilities were the smallest for any
month so far. in both respects The
record shows some Increase as com
parted with the same period OF 1912
Thus. there were 1.2i6 business re-
verses last month, a~ggregating In all
slG.s62.S0i. as against l.2O+ similar
defaults IN May a year age. when the
amount involved was s~i5.277.4G2
Hence. II appears that ~ more con
Germs suspended In May this year
than in the corresponding month ~
1912. while the Indebtedness was
larger by. roughly. $i.6OO.1 900. Carry
ing The comparison further back. ~ Is
seen that last months commercial
death rate was higher numerically
than IN any May since l90s-whcr
there were 1873 failures-and that
the liabilities were the heaviest N
over a decade past The figures for
1911 showed l.oof suspensions for SI8.
i69.1N?, in 1910 tho number fas SIS
and the amount only S~!.59O.is6. and
In 1909 LOGS concerns failed. owing
{1i.3>2.,G0
Examination Of tho insolvency rec.
ord shows that Of tho i.2iG business
revcrsrs last month. s. were for 800
no-'. or more. a%gEreRatiuE In ali 81
Cl'.'3@. against - similar suspensions
n year Az for ~SG.3OC.u2G end % IN
1871 for f~5.279UCI. This left the cx.
1nHHHnnn.#E NAHn- nWm
smaller failures. which has been sur
passed only by mo 1853 i~nsolvenclos
icr loss than Sioo.o00 IN MAY. 1905
The total indebtedness Of tho smaller
defaults was ~Sf.-52a1t. as compared
with S'.a5l.i5c in 1912. S7.l90,72 two.
Years ago. S~715o.isG IN 1910. 1881.
ll2 In 1903 and S9.502.754 In 1905
The average Liabilities Of the smaller
suspensions was 1881. which. while
not much above the $500 reported in
1912. exceeded ali other previous
years. except 1910 and 1Sgs. when The
amounts we're sSlS4 and $3.50. re-
spcctiyely.
MsnUfaeturers' Failures.
lu point Of number. failures in the
manufacturing division during MAJ
were larger than in any year back 70
1905. While tho sum 81 money In.
volvcd q tho heaviest on record
Tor that month. owing 10 several de
faults " exceptional size There were
1913 manufacturing ~reverses for g..
S1si's ne against 2s6 last year for
-. 1920. 2ft fnr ft.sC3. goo I'm 1911
-l' tor only 1856 Co.. 1910 27f IN
1903 f0r &fifs.tf0 and 3is in 1905
when tho Liabilities were $685. sS
or tho total manufacturing indebted.
ness 1sf1.t7S represented tho
amount n ~ defaults for 100000. or
moro an increase iu both rozt-~'a
~ compared with tho previous wear
when there wore luf 70 similar in.
t"if'nc "s f0r 2 $500 $780, ON the other
hhiN. tu" atfraEe of fle rcmafnIns
-'I smaller failures VA. 8IO.Igs. or
ih" lowest since 1905 Separation a.
in' manufacturing Suspensions arrord
ing io occupation fho0a that dofauIts
were more numerous in q 81 the a.
Inherent cIasees Of business. while ln
20 namely iron "a nd machinerr
'h'r" vas no change Tho only im.
p0riani increase vas 60 in tho cloth.
ing branch. The expansion ln other
lines not hing double figures ln
any caf" lu milling and baker.
Nor" 11E % numerical reduction NJ
and liquors and tobacco showed a.
toss of %. huf elsewhere fhe dncrraeo.
w'rn FI.Fhf Substantial improto
mont To- Liabilities appeared IN tho
two c'aqros embracing hats. glovc.
and fIrs vhrr'as there vas an In.
Tor ~I'0dfridro county. where she will
sp'n1 fh" pact Tow Vccks With friends
nr1 relatives
NSh'rin J p Alloy o. spending
q i'N days % ~thilicottc. Ohio. look
INK after hs farm
P'rrip'o Uanifan ~ tho local
oII leave to-day for hfs hnpo
n Elkin4. where hc viii remain uufu
tho opening o. tho local schoolA