BANKRUPTCIES OF 1926.
The number of persons adjudged bankrupt in 1926 was 752, as compared with 653 in 1025, G7O in 1924, 674 in 1923, and 095 in 1922. The Government Statistician's 'cutiimeut on these figures is that "they lire considerably below pre-war level and serve to illustrate the severity of the trade depression of 1921-22. The increase in the 1526 figures, which are the highest since ISSB, may be put down to the mild slump experienced during the year as a result of a drop in export jjrices." The districts in which the bankruptcies were dealt with are:—Auckland, 328; Wellington, 217; Marlboroitgh, 13; Nelson, IS; Canterbury and Westland, 92; South Canterbury, 23; Otago, 27; and Southland, 31. The occupations of bankrupts were as follow:— 102 G. 1825. I'armers 143 143 ■ Dairy farmers ; 13 7 Farm labourers 13 15 Labourers 126 100 Builders 25 25 Carriers 19 12 ' Bilkers 17 ■ 10: Motor-drivers 15 20 : Contractors 14 12 • Storekeepers 14 20 '< Carpenters 11 17 \ Butchers 10 15 \ Hotelkeepers 13 6 A classification of the year's bankruptcies shows:—Under £50, 44; £50 to £100 62; £100 to £250, 175; £250 to .-6500, 164; £500 to £1000, 141; £1000 to £2000, 94: £2000 to £5000, 68: over £5000, 14.
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https://paperspast.natlib.govt.nz/newspapers/EP19270304.2.124.17
Bibliographic details
Evening Post, Volume CXIII, Issue 53, 4 March 1927, Page 11
Word Count
205BANKRUPTCIES OF 1926. Evening Post, Volume CXIII, Issue 53, 4 March 1927, Page 11
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