BANKRUPTCY RETURNS

Evening Star, Issue 18532, 15 January 1924, Page 6

BANKRUPTCY RETURNS

LAST YEAR'S FIGURES. The official bankruptcy returns for the Otago and Southland districts for last year, as furnished by Mr W. W. Samson (official assignee) and the deputy-assistant assignees at Invercargill and Oamaru, show that the number of bankruptcies totalled forty-four, as against forty-three in 1922, and thirty in 1921. The number of farmer bankrupts was eighteen, the same number as in 1922. Amongst the others, agents and laborers predominated. The returns are as follow, the figures in parentheses being those for 1922: — OTAGO. Number of l>ankruptcies, 18 (18); assets as per statement filed, £7,244 Ss (£5,133 17s Id); amounts secured to creditors, £5,551 11s 3d (£34,298 8s sd)j liabilities as per statement filed, £8,730 18s 2d (£12,665 18a lid); amount of assets realised, £4,356 Os 6d (£7,027 12s lOd); amount of debts proved, £9,836 Os 5d (£30,265 3s lOd); amount paid in dividends, £2,696 6s 3d (£3,352 4s 6d); amount paid as preferential claims, £1.54 3s 4d (£427 9s Id); amount paid for secured claims, £1,967 19s 8d (£5Ol 16s). SOUTHLAND AND OAMARU. Number of bankruptcies, 26 (25); assets as per statement filed, £5,654 Os 4d (£4,686 2s sd); amounts secured to creditors, £37,379 8s 2d (£39,503 10s); liabilities as per statements filed, £16,635 9s 6d (£16,799 3s); amount of assets realised, £4,675 8s 3d (£3,819 7s 4d); amount of debts proved, £15,974 11s 5d (£19,177 15s 3d); amount paid in dividends, £2,594 6s lid (£3,517 8s 8d); amount paid as preferential claims, £357 11s 5d (£293 11s 6d).