71. For purposes of comparison Table XI gives an analysis of the companies registered in the last five years according to the amount of their nominal capital. This shows that while the numbers in the two lowest categories—under $10,000, and $10,000 and under $50,000 are at 74 and 110 easily the highest for the past five years, those in the two top categories-$5m and under $10m, and $10m and above are by far the lowest during the period. There have, however, been significant increases over 1965-66 in three out of the four intermediate categories including 41 more companies in the $1m and under $5m range. Many companies are incorporated with low capitals pending further developments; for instance, some solicitors and accountants 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 $580,627,900, $126,000,000 less than the previous year's total, mainly accounted for by decreases of $15m. for advertising etc. companies, $21m. for finan- ciers, $16m. for importers and exporters, $12m. for land investment companies, $23m. for provisions and rice merchants, and $14m. for textile manufacturers.
72. Table XII 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 investment and import/export companies.
73. 219 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
75
8
136
219
Table XIII gives an analysis according to the nature of business of the 219 companies dissolved or removed from the register during the year and also of the aggregate total of 755 for the five years ended 31st March 1967. The main casualties were as usual in import and export companies, which lost 68. Land investment companies lost 20, shipping 14, amusement companies 9 and financiers and textile com- panies 8 each.
74. With 1,428 new companies, and 219 dissolutions, there was a net increase of 1,209 in the number of companies on the register, which
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