Show REPORT ON BANKRUPTCY Number of or Filed in last Six Months Mon hs About an Average LIW ii Washington Juno Jun 7 The summary of ot the semiannual reports r orts of or the op operation of the bankruptcy law IIII for Cor the period ending March 21 1901 recently to tu the attorney general by bye 12 C e In ln charge of at bank bankruptcy matters In II the department o oC justice shows during thIs pOlle MI voluntary petitions were filed led ns against for tor thc tho preceding Mix months for the thc six months end endIng endIng Ing March 31 1900 for the months ending September 30 WOO I OO for Cor the six sIx months ending elding March 31 lS thus thul showing no 10 appreciable number of or variation flOI the thu average lumber petitions tiled led the law wont went Into operation though It I Is over 2600 less than for Cor the corresponding period of or last For the tho lo period 1073 petitions In voluntary bankruptcy tiled I ed this being In excess of oC the for or the past two to years oars and all a I half hair The he report shows that a large per por percent cent of or those thoe taking advantage of or the voluntary feature of or tho law are old olt seeking this means of ot re themselves In the During the past paHI six months of ot the voluntary cases caBe HIV been closed In these th the total liabilities and 11 contingent have been beell S s while hlo the not net for distribution as al dividends have havo been The total liabilities In CO cases were less 1159 than Jf 50 0 In 8 0 cases MalS between bot COO tO and 1000 and In cases between 00 and the balance being for tor larger bums IUIS In varying amounts It I also appears Ippel that 7 5 who filed Ced pe petitions farmers 1377 merchants 13 professional men and the balance had occupations of or a IL miscellaneous charac character ter Of the tho Involuntary cases were closed elo ed during the year In which the total liabilities while the total realized In Ha Hawaii HawaI waI only three petitions have hae been filed fed two for tor bankruptcy and ond andone ondone one for Involuntary bankruptcy Mr Brandenburg Bays SIS It may mar be bl euld that with one or ur two to ex exceptions for tor which Congress doubtless will wIl male make provision at un In early erlY date cate with almost universal the Ihl law la In II meeting wih sal approbation As AH time passes Its iK su superiority over Oe many lany of or the state In ol and 1111 assignment laws In leduc Ing the expense of or to 10 a 1 minimum with a 1 result roul of or maximum dividends together with wih tho disappear disappearance ance of at preference either through leg 11 proceedings ng or fraud he f ay Is II re redounding 11 to the tho advantage of or the tho bus liens world The fhe experience gained by the com commercial mercial uller the present law lie he nays II ban hal offered a G keener Insight Into UR Il practical advantages than thun was expected or 01 could have botn antici anticipated pu Id and while the existence of ur the law Is no guarantee against fraud or the dishonest debtor will wil wilnot not endeavor to line lt Is machinery to 10 his advantage and nl In 10 the detriment of ot the Ihl creditor whenever possible yet c thi Ihl opportunities under the tho various stal and Insolvency In laws pre ITH pres s BO much greater grenter and anc the frauds fre frequently tr 10 o much more the law has ha come Olp to lob b looked upon IS us one of oC the Ihl most beneficent rind ad II to tho business wot world Id ha has bo I n I placed on Oi our statute books lor many man year The hl stated showing the tho greatest t num number ber lr of oC voluntary petitions during the lust II t nix months aro Illinois 1312 New Nt York tG 1000 Iowa lown and Alabama 4 The The lowest lumber are CUI shown by tho state of ot Ne NI where none nOl was filed Arizona and alil Hawaii I 2 Delaware C New el Mexico S Idaho 10 Of the Involuntary petitions the great gral pst number filed fed In 11 the til following t latts New Y r Pennsylvania 13 Illinois l r achu r r Ken Kentuck turk tuck M r and Georgia and ant 48 each pach in the th states of at Kansas Iud Nevada no petition were filed In Hawaii and N J w Mexico one cadi In Delaware Territory North orth Da kola koHL and 1111 two each |