BANKRUPTCIES
HEAVY TOLL THIS YEAR (Special to the Hevald.) WELLINGTON, this day. The strained economic conditions of the past year are reflected in the bankruptcy figures for the 10 months ended with October, which show that the year will produce a record number compared with preceding years, in which the total has frequently exceeded 500. That for the last ten months amounts to 590. nnd the distribution of these failures is as follows :—Auckland 249, Wellington 198, Christchurch 98 and Dunedin 45.
If the number of petitions in bankruptcy Keep up to the average for'each month, the remaining two months of tho year will the total up to a record, with a good deal to spare.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19261208.2.54
Bibliographic details
Poverty Bay Herald, Volume LII, Issue 16211, 8 December 1926, Page 7
Word Count
116BANKRUPTCIES Poverty Bay Herald, Volume LII, Issue 16211, 8 December 1926, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in