THOUGHTS FOR THE TIMES.
Increase Of Bankruptcies. There has been an increase of 237 bankruptcies in the seven montlig of this year, equal to an increase of 148 per cent. It means practically that for every two bankruptcies registered during the first seven months of last year there were live during the same . period of the current year. Owing to the inflation of land values and the burden of heavy mortgages and a multiplicity of such mortgages on single farms, the bankruptcies among fariu'era have been .exceptionally heavy. There were in all 110 bankruptcies of farmers, and this number is equal to 27.5 per cent, of the total bankruptcies.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19220823.2.14
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 23 August 1922, Page 2
Word count
Tapeke kupu
109THOUGHTS FOR THE TIMES. Hokitika Guardian, 23 August 1922, Page 2
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in