Show Ro G. G Duns Dun s Report of January Failures 1 Reflecting the strain Incident to the annual settlements and being belnE the tIle outcome outcome outcome out out- come of or ro post past t rather rathel than present conditions conditions condi condl Hons the statistics of commercial failures failures fail fail- ures urea In the United States States Stales for Cor January Januar disclose a business mortality far In ex excess ex- ex ce cess of normal Total Insolvencies last month as reported to R. R O. O Dun Co reached tho unprecedented number of oC 2318 2848 nn and 1 several Meral defaults of oC unusual sIze swelled tho the aggregate Indebtedness to these fl comparing wi with th 1557 suspensions for or In the same sa-me period of or the preceding year ISH 1614 for in 1913 1814 ISH In 1012 1912 for only 30 and hut but 1663 four our years eans ago ao when tho liabilities were In contrast with 1914 1114 the tho greatest In Increase increase In- In crease numerically was In trading oc occupations occupations oc- oc ocI I there thero be being n no less than 2184 18 re In this division against t 13 1300 0 while tho the amount Involved In was WIlS 0 86 as compared with last real ear lo losses ses In manufacturing lines line rose roso to Hil-a Hil a 1 a growth of or and Hi and because e of the tho financial difficulties of ot an I agricultural machinery concern that supplied sup eun- plied In the th neighborhood of the total debts In this f action were ere slightly U more moro than or about above those 0 of oI January 1914 In tho the class clas embracing agents brokers and firms not properly Included In III either manufacturing or trading trailing was the tho unusual number of 11 US failures yet tho owed wa was below the average a and contrasted with In III the previous pre pre- O year ear On Ons OnA of or tho notable features of or List bat months month's returns return was wae the tho hea heavy sums In Involved Involved In In- vol td b by b a n. comparatively few ew defaults of ot exceptional lonal size ilzo there being 43 suspensions sue SUB pensions for or over ocr ar aggregating e In all Bit or about about 55 per cent of tho the grand erand total of or liabilities There were 15 similar Insolvencies In 1914 for Z and 28 two years ears ars ago for only After eliminating the tho failures allures for or more there remained 2805 smaller reverses cs and the tho Indebtedness of the these o were an S-an S an average a of In January last year clr the tho record showed 1809 1803 failures for le lesli N than tho the amount of ot these being and The average for tor 1913 was and It II was also In excels excess of at In each Mch of or the tho other years cara back to 1 1909 0 In the thc following table comparison Is made of or the number of or commercial failures fail rail ures urea In tho United States Stales covering three jears ean by leading classes es of oC trade and the liabilities reported In each class 9 for or January Januar this j year ear ear- Number Liabilities 1915 1914 1911 1913 1313 1316 1116 Iron fd etc 7 i 9 Machinery f 47 1 14 21 etc Ii 5 a 4 2 9 Cottons etc I I 4 Lumber etc 62 4 42 47 Clo an 80 60 63 lists Hats etc elc If 16 21 I 5 etc ete 2 2 I 6 21 OO Paints and Oils 12 1 4 9 Printing etc elc 26 f 20 li 17 98 Milling etc 33 20 0 51 1 Leather etc 10 15 13 Iii and Tab Tob 11 11 14 1 ri 99 Glass GI etc It 1 18 13 AU All other IS 1 Total Mg Traders Stores 3 4 IS 1 Groceries 1 Hotels etc 2 H 11 22 2306 and antl Tob I O 92 53 6 Co and Furn 2 9 01 Dr Dry Goods Goo 14 Shoes etc 73 3 6 57 iO 70 4 Furniture H 71 39 n etc 64 4 34 3 36 Chemicals etc 76 ft 46 52 Z Paints and Oils 10 7 1 1 Jewelry etc 19 60 50 Books etc 14 9 6 ll Hate tf aM Furs UT 21 1 21 11 1 20 98 MI other 16 1 Total Trading 1290 1351 Agents etc 61 60 68 I Total 1857 1 1814 |