Since records of such cases were first kept in 1963-64 the numbers of incorporations in which a solicitor was not employed have risen as follows:
1963-64 1964-65
435 or 35% of all incorporations
1965-66
1966-67
568 or 40%,, 551 or 43% 639 or 45%,
99
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1967-68
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53
1968-69 1969-70
99
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1,599 or 57%
640 or 53% 1,048 or 56% „
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72. For purposes of comparison Part I of Table XIII gives an analysis of the companies registered in the last five years according to classes, and Part II gives an analysis of companies with a share capital registered in the last five years according to the amount of their nominal capital. With the sole exception of the number in the category $5m. and under $10m., which is the same as in the previous year and 12 short of the record number in 1965-66, the numbers in all categories are new records. Many companies are incorporated with low capitals pending further developments; for instance, some solicitors and account- ants like to keep a few incorporated companies 'in stock', the capitals of which are increased as soon as clients take over the companies and commence business. The aggregate total of all capitals was $1,599m., over $973m. more than the previous year's total, mainly accounted for by increases of $259m. for financiers and capitalists, $253m. for hotels, $165m. for land investment, $89m. for importers and exporters, $64m. for shipping, $34m. for garment manufacturers, $18m. for plastics manufacturers, $17m. for engineering, $15m. for wig manufacturers and $11m. for timber and paper merchants.
73. Table XIV shows graphically the post-war trends of the numbers of companies incorporated and the totals of their nominal capitals, and the trends since 1959-60 of the numbers of land invest- ment and import/export companies.
74. 336 companies were dissolved during the year as follows:
By Members' Voluntary Winding-up By Creditors' Voluntary Winding-up Struck off the Register under Section 291
...
...
113
7
216
336
Table XV gives an analysis according to the nature of business of the 336 companies dissolved or removed from the register during the year
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