§ Mr. DAYasked the President of the Board of Trade the number of bankruptcies and the number of limited companies that have gone into liquidation during the previous 12 months, and the amount of capital involved in the latter case?
§ Mr. W. GRAHAMThe number of Receiving Orders and Administration Orders in bankruptcy made during 1929 was 3,972. The number of company liquidations was 3,086, of which 2,835 were voluntary. Statistics as to the capital of these companies, whether nominal, issued, or paid up, are not available in a collected form; and, hearing in mind that 45W the figures include voluntary as well as compulsory liquidations, that a company in liquidation is not necessarily insolvent, and that a company may be wound up for purposes of reconstruction or amalgamation, I doubt whether any useful purpose would be served by having them prepared.