Democratic Sentinel, Volume 3, Number 37, Rensselaer, Jasper County, 24 October 1879 — Bankruptcy Statistics. [ARTICLE]

Bankruptcy Statistics.

Dun, Barlow & Co., in their quarterly report, just issued, make a favorable report of the state of trade for the third quarter of the year. The failures in the United States in the last three months number 1,262, less than one-half those for the third quarter of 1878, the precise decrease being 1,591, while the liabilities show even a much larger proportionate reduction, being less than one-quarter of what they were in the same period of last year. The figures for the quarter just ended, therefore, , add another to the many indications of the wonderfully improved conditions of trade throughout the country. For the nine months of the two years the comparison is almost as favorable as for the quarter just closed, the failures for the past three quarters in 1879 being 5,320 m number, as against 8,678 for the nine months of 1878. The liabilities are $81,000,000 for the first nine months of 1879, as against $197,000,000 for the same period of 1878, a reduction in liabilities of more than one-half.