BANKRUPTCY RETURNS.

New Zealand Mail, 18 January 1900, Page 13

BANKRUPTCY RETURNS.

The returns showing the transactions m-bankruptcy in Wellington for the past y_ear, compiled by Mr Gerard, the Official Assignee’s accountant, show that there, were 4Q petitions by debtors, four adjudications on. petitions by creditors, and three cases in which compositions were accepted. _ The number of orders of immediate discharge granted by th© Court was thirty. In 18 cases discharges were suspended. The assets, as per statements- filed (excluding amounts secured to creditors), were £7094 last yean. Th© amount for the ’.preceding twelve months was £13,207. Secured creditors in 1899 were represented by £17,3-73. ■ TMs was £663 more than in 1898. The liabilities, as per statements filed, were £22,536 last year, a-s against £31,621 for the preceding year. The amount of assets realised wa_3 £4105 10s 9d in the year just ended, bemg_£2l62 less than the amount realised in 1898. The amount of debts proved was also l , less, the figures being £20,975 and £37,Ve7, Other details of the return are as the comparative figures being 1899 and 1898 respectively:—Paid in dividends, £3647 and £3149; paid fo-.r _ preferential claims, £266 and £194 ; paid "for secured, claims, £43 and £775; paid for Government commission, £147 and_ £229; paid for costs of actions, solicitors and suDorvisors’ fees, £459 and £407; expenses incurred in carrying on estates for the benefit of creditors, £215 and £4B; other charges, £215 ana £229, The balance in the Bank on Ist January, 1899, was £1845, and at the end of the year, £945.