Story: Business failures and corporate fraud

Sale of bankrupt stock

Sale of bankrupt stock

This advertisement for clothes and linen at bargain-basement prices followed the bankruptcy of the Dunedin business Mollison, Duthie & Co. The late 1870s and early 1880s were hard on many smaller businesses as the immigration boom tailed off and income from gold and wool fell.

Using this item

National Library of New Zealand, Papers Past
Reference: New Zealand Tablet, 17 August 1883, p. 4

Permission of the National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Graeme Hunt, 'Business failures and corporate fraud - 19th-century business failures', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/22337/sale-of-bankrupt-stock (accessed 12 August 2022)

Story by Graeme Hunt, published 11 Mar 2010