Show Shown by Business Mortalities I By Ira C. C Tichenor business mortality figures for May are more than usually in view of of the fact that most most of the panic talk by byk k ts ts and propagandists was indulged in m during the latter April and during the greater part of f May I I Il j there was an Increase In n failures during May a as compared with wih je e. e month last lat year year the the figures being 5 to the the Increase was so soth th hat t it would not be considered of s sufficient Importance to comment had ad it i not been for the dire predictions of ot trade disruption made in which would have benefited by such luch an occurrence h f the exception noted however according to Duns Dun's Review Review the May Mayis May MayIs is S. S the best on record for the period and large decreases are shown p parison lson with wih the May failures of many of ot the years prior to 1319 being ng a decline of practically 68 per cent from the he high point of 1707 des cles of May 1915 In only one other othe year previous to 1919 In fact fact fact- had ia-had had had the number of May defaults default fallen talen below the mark marI While Wie mercial mortality this year as measured by the number of reverses n tested a rising tendency the he May bankruptcies a are e tree only three forty t 3 s of ot those of ot the shorter month of ot April and arc s somewhat below 41 l of both March and January Januar Considering the various Influences have have combined to curtail business activities and nd d in view yiew of ot the fact lures have long b been blen en abnormally m moderate the latest Insolvency I t makes a favorable showing The of ot liabilities es involved months month's defaults are some less than those of ot April Apri this ye year r the smallest reported for May ay since 1910 1919 there here being a c contraction from the of May 1919 the Increase in last lat months month's failures as as contrasted with wih eMay May ay 1 1919 19 appears wholly in trading occupations both the the manu manu manu- 1 g gand and other commercial classes disclosing decreases At the theMay theof of May trading defaults Is fl three fifty three larger than than the iO reverses t at month month last year although reductions are shown show in ln comparison wI with h of ot all al other years back to 1894 or sin since e monthly statistics compiled In manufacturing lines l last st months month's Inso Insolvencies I rt below the tho failures of ot May 1919 and are in fact the smallest d for the period while the for nine forty nine y-nine defaults among agents brok brokers rs ier er concerns not properly included in either cither manufacturing or trading I with h six fifty six fity-six similar elmiar reverses in May last year and are the lowest Ii t month since 1913 v ken en en altogether the business situation as Indicated by by the mortality s absolutely sound and Indicates a stability far fa greater tha than generally t. t been expected considering the operation n of of the j or might have ave |