§ 35. Mr. WHITEasked the President of the Board of Trade, for the first nine 1970 months of the current year, the number of commercial bankruptcies reported and the total losses involved; and can he say how these figures compare with the corresponding figures in 1928 and 1929?
§ Mr. W. GRAHAMThe total bankruptcies for the first nine months of the years 1930, 1929 and 1928 were 3,086, 2,912 and 3,188, respectively. By far the greater number of these might be called commercial bankruptcies. To extract the totals of the losses involved for the nine months' periods would require an amount of labour which hardly seems justified. The total losses for the whole years 1929 and 1928 as estimated by the debtors were £6,436,000 and £6,191,000, respectively.