Salt Lake Telegram | 1928-09-02 | Page 22 | Wall Street Briefs

1 Wal Street Briefs II NEW lEW YORK Sept I 1 AP Commer eta failures Jn In the United in August nearly 1800 n. n o. o Dun Co r report ports an IncreaSe ot of about 7 1 per cent ove July and or of about 8 1 p per r rent cent over ot of last lal year t s show an even more marked marke In- In crease r as rising to more than sad and a a new maximum for forthe forthe the year yer TIte TIe total for Cor July was lees than Ihan and Ind for tor August last year less lens than Starch of tIlls this year as 1555 almost as II high with a a total ot of The high August figure has resulted primarily Iron from s veral v- v eral large insolvencIes In tle classifies classifies- tion ot of other commercial which Includes In- In eludes brokerage Insurance and similar enterprises Production and orders decreased tie tie- creased slightly In the lumber Industry In the ending August Augus 25 5 the Na Na- tonal Lumber Manufacturers Manufacturers' lion ton Production about 2 umer the weekly average for tOr the pre 14 e w week eks o of the year West est coast mi reported an In IncreAsed lion ton ot of about feet over the weekly average while the southern pine and northern norther hardwood mills mils reported reductions The general tone ot of busIness In the electrical equipment field feld Is log Ing with the sale lr trend nd slightly upward Up- Up WB ward rd In the eastern 1 Sod nd middle western west west- ern areas ElectrIcal World reports report sIn sIn- plant eto toady steady buyers buers anti anc tim ca call 1 for Cor motors la is strong