Salt Lake Herald-Republican | 1916-11-19 | Page 37 | Furute Record is Very Encouraging

I IVERY FAilURE FAILURE R RECORD RO IS VERY ENCOURAGING RAGING Agency Report for or October Shows Gratifyingly l y Small Number l o of Defaults TV With I business generally prosperous financial obligations aro met with greater promptness and ond tho the country's failure record continues highly encouraging encouraging aging says saye the Dun Mercantile Agency As report of failures for Cor October Strictly commercial defaults numbered 1240 lZ-IO during the month and the aggregate liabilities were as against 1154 1151 Insolvencies for COI In September Sep Sep- 1599 1699 for tor 25 a n year ear a ago o 1686 for tor In 1914 1434 1 for in 1913 nn and 1150 In 1912 when hen the amount Involved was t 15 It thus appears that while there thore were ninety more reverses In tho shorter month of September the number number num num- ber bor was less Jess than thap In nn any October back to In 1912 with tho smallest Indebtedness of ot nn any month since May 1910 Not in nn any October since 1905 have ha there been so few tew large failures as was the case last month those for tor or more numbering only 13 and involving altogether Those These figures contrast with Ith 30 similar defaults for 11 last year ear 48 In 1914 1114 for 33 In 1913 for tor and 21 1 In 1912 for tor After Atter eliminating tho the reverses of unusual size there remained 1221 1227 smaller In Insolvencies Insolvencies In- In solvencies and the amount supplied b by those was or an ln average of ot This average compares with a year jear car ago ogo and Is la the smallest for tho the period since 1909 large suspensions BU last month occurred as follows 7 for tor amon among manufacturers manufacturers manu manu- only 2 In the trading class for tor and nd 4 In other commercial lines for tor