BUSINESS FAILURES

Patea Mail, Volume XLVIII, 21 January 1927, Page 2

BUSINESS FAILURES

FIGURES FOE II MONTHS. There were 5S bankruptcies registered in Now Zealand in November, 1926, as compared with 40 in November of the previous year, an increase of nearly 50 per cent. Of the 58 insolvencies recorded in November last, 25 wore registered in the Auckland district, 20 in the Wellington district, while in the South Island there were only 13 bankruptcies of which nine were registered in the Christchurch district. The figures for each for the 11 months, together with those for the corresponding months of the previous year,.arc appended:—

192(5. 1925. January ... 31 February 1. 59 49 March ..... (57 50 April 45 May 40 June H3 July 73 August 41 September . 53 October .. 2 01 73 November , 5S 40 04S 504 There was air increase of f >4 in tlie

number of I u;nkrnj>t<• ies. equal to about 13 per cent., und the .business mortality wins heaviest in the second half of last year. Taking the districts, the figures compare as under;—■ . .1925. Auckland .... 07.1. 273 'Wellington p 18 -1-12 Christchurch .... H)7 bli Dunedin .... 4.Q 5M 6dS 504 J AH districts except Dunedin A show increases, the growth in Wellington bemg exceptionally lioavv.