Yearbook of radio and television (1957)

Record Details:

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FAILURES OF ADVERTISING AGENCIES 1934-1956 Year 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 (X3X) Number 52 32 22 16 34 46 43 16 19 6 1 6 12 24 34 38 34 19 24 34 31 32 Liabilities $1,061,000 1,218,000 418,000 297,000 284,000 414,000 1,056,000 205,000 130,000 111,000 4,000 145,000 304,000 793,000 746,000 1,167,000 1,043,000 531,000 466,000 1,265,000 815,000 1,519,000 Comparative Failure Trends Per-centage Av. Liability/ Change 1955-56 Per Failure Number Liabilities in 1956 Total Businesses, All Lines +16 +25 $44,356 Total Commercial Services +18 +33 39,162 Advertising Agencies +3 +86 47,469 Source: Dun & Bradstreet, Inc. N.B. This record includes those businesses that ceased operations following assignment or bankruptcy; ceased with loss to creditors after such actions as execution, foreclosure, or attachment; voluntarily withdrew leaving unpaid obligations; were involved in court actions such as receivership, reorganization, or arrangement; or voluntarily compromised with creditors. 51