Democratic Sentinel, Volume 11, Number 39, Rensselaer, Jasper County, 21 October 1887 — THE WORLD AT LARGE. [ARTICLE]

THE WORLD AT LARGE.

The business failures of the week numbered for the United States 182, and for Canada twenty, or a total of 2j2, compared with 212 the previous week, and 179 for the corresponding week in 1886. R. G. Dun <fc Co., in their weekly review of trade, say: Moro than $107,000,000 has been added to circulation within the last fourteen monthß, but the speculation thus stimulated has wrought much harm already and clouded tho future with doubt. While great activity and expansion are witnessed in some branches of business. others exhibit symptoms of reaction. Interior reports are uniformly more favorable; though tight money and slow collections are still reported from some points, the pressure is inmost cases less severe, and collections rather better. In Texas, where the cotton yield is said to be 10 per cent, below last year, failures are more numerous, and many traders are asking indulgence. But east of the Mississippi money is generally easier at the South, and partial failure of crops is as yet hardly recognized as a cause of disturbance in the Northwest, If the actual losses of farmers are as large as the Ootober bureau report would indicate, however, some shrinkage in the volume of business must result. It is estimated that from 6,000,000 to 6,400,COO hogs will be packed in the West during the approaching winter season. The average f <r five yeari has been 6,150,000.