Quarterly Data Were Computed From Given Cumulative Quarterly Totals. Beginning In 1893 Monthly Data Are Given Except That Through 1908, The Months Of March, June, And September Are Here Computed From Quarterly Totals, Subtracting The Preceding Two Months. Source: Bradstreet'S, A Journal Of Trade, Finance, And Public Economy
This NBER data series q09028 appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html.
NBER Indicator: q09028
Release: NBER Macrohistory Database
National Bureau of Economic Research, Number of Business Failures for United States [Q09028USQ474NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/Q09028USQ474NNBR/, November 25, 2015.