Democratic Sentinel, Volume 6, Number 10, Rensselaer, Jasper County, 7 April 1882 — A QUARTER’S FAILURES. [ARTICLE]

A QUARTER’S FAILURES.

The Reports ol tbe First Three Months of the Current Year. The returns of business failures throughout the United States for the three months ending March 31, compiled by R. G. Dun <fc Co.’s mercantile agency, are as follows: Eastern States, 292; Middle, 508; Southern, 700; Western, 523; Pacific States and Territories, 167. Total, 2,190, with liabilities of f30,338,2'M. This is a large increase over the corresponding quarter of 1881, when the failures numbered 1,761, with s24,437,Bsofiiabilities. The increase in the loss by bad debts this year is, therefore, 24 per cent. In 1880 the liabilities of the first quarter were but $12,000,000, but in 1879 they were $43,000,000, and in 1878 $82,000,000 for 3,335 failures, So, as compared with the first quarter of 1878, the first quarter of 1882 shows a good advantage, with 1,165 fewer failures and $52,000,000 less liabilities. In the Dominion of Canada tbe failures for the quarter ending March 31, 1882, were 206, with liabilities of $2,653,000. As compared with 166 and $2,026,000 liabilities for the corresponding period of last year this is somewhat of an increase, but there is a decrease of nearly 5 per cent, both in number and liabilities as compared with the first quarter of 1880.