SPECULATIVE FEVER
ON GERMAN BOURSE. BIG CRASH INEVITABLE. (Received 2 p.m.) BERLIN, September 8. Owing to speculation fever on the . Stock Exchange the directors have decided to keep the Exchange closed, so that business was only transacted two days a week for the present. The banks announce that it is impossible to cope with the tremendous bulk of business, and decline to be responsible for prompt and accurate execution of orders. i The newspapers warn the public that a crash is inevitable, but the warnings . thus far are without effect. J The fall in the value of the mark is responsible for the wild rush, though many speculators belong to a class which did not know of the existence of the Stock Exchange before th ewar. i The Prussian Ministry for Trade reports a manufacturing boom in all branches, owing to thu fall in the markattracting large foreign orders. Clothing, cutlery, locomotive, boot, shoe and chemical concerns are all flourishing.— (A. and X-Z. Cable.)
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19210909.2.44
Bibliographic details
Auckland Star, Volume LII, Issue 215, 9 September 1921, Page 5
Word Count
164SPECULATIVE FEVER Auckland Star, Volume LII, Issue 215, 9 September 1921, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.