AUCKLAND BANKRUPTCIES
COMPARISON WITH LAST YEAR.
(By Wire —Special to News.)
Auckland, Last Night.
A remarkable similarity in the num* bers of bankruptcies for the first seven months of the present year and those of 1928 is shown by the returns for the Auckland district. Last year’s total was 81 and this year’s is 80. At the end of 1928 it was found that farmers predominated in the list of bankrupts. This was hardly surprising in view of the fact that agriculture is far and away the principal industry in the Dominion and that the effect of trade depression has been felt as severely in the country districts as in the towns. It is nevertheless an interesting fact that the returns up to the present officially recorded stage of 1929 have shown nine farmers, which figure is much greater than that of any other trade or calling. There is one farm labourer on the list, but his failure was not associated with depression in the agricultural industry.
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Taranaki Daily News, 19 August 1929, Page 8
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167AUCKLAND BANKRUPTCIES Taranaki Daily News, 19 August 1929, Page 8
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