BANKRUPTCIES.
AUCKLAND'S BIG LEAD. The bankruptcies in the Dominion show an increasing, tendency. Thus, for the twelve months ended March 31 last, the insolvencies numbered 771 as compared with 637 in the previous year, an increase equal to very nearly 18 per cent. The figures for each month of the past year, except those of June and October, show increases over the corresponding months. The monthly figures are given below:— 1025-20. 1926-27. No. No. April 45 58 May 40 55 June 68 40 July 73 83 i August 41 «5 * September 53 72 October 73 (il November 40 58 December 51 04 January 30 01 February ...... 60 «0 March 68 04 % 637 771 For the first three months of this year the number of insolvencies was 215 against 158 in the corresponding quarter of last year, an increase of 33 per cent. Of the 215 bankruptcies registered in the first quarter of this year, the North Island accounted for 150 and the South Island for 65. Of the North Island figures, the Auck-i land district was. responsible for 91 bank-J ruptcfes and Wellington for 59. I
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Auckland Star, Volume LVIII, Issue 109, 11 May 1927, Page 4
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186BANKRUPTCIES. Auckland Star, Volume LVIII, Issue 109, 11 May 1927, Page 4
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