Show CAUSES OF FAILURES I a Co Lay L Them t to Nf York ment moat July to R R G Dun show commercial for the half year Just closed 5 lIt I in number with i h liabilities of but nearlY I of th the whole amount wa WaS In Inthe the list of brOkers brokers and the like or Of which taie faIled with liabilitieS of r 2 1 and d the lat last quarter IS ISOn 14 failed 1 f for On the other hand the ud anti trade failures were both smaller in inthe inthe the and second th than In fn the first Quarter ot of otte te the Yer year although both were consider considerably aly ably larger than In Ue tile ot of last yer year The record shows plainly the J and loss which he results 9 af after ter a yer year tf wholly unprecedented e pension and hopefulness In al all Une lineS of Industry aniL trade when f It 11 is found that thata ant a season of halting and delay la has come comeTo t To os multitudes r d who nave bought h rO too mch much relying on continuation or even an Increase of buying or e are thi this inevitably involves lo and when out of more than 1100 COnCernS in In business ft t II I found that but one In Ine has been thus drawn I into ns the e evidence rd Is quite I as i as when a ot of pros ty appears to have bro a smaller ratto 44 raJ In rel real ett estate and In build leg ing and construction h has le led to m more re ree e a In bulden builders materials than Is wholesome especially in lumber s 0 that thata a number of commercial failures follow I In dealing and manufacturing and other others In supplies buildIng and In manufacture or of |