GENERAL CABLE NEWS
BEICHB.VNK’S FINANCES. NEW LOW RECORD. (tT.P.A. bv Fdee. Tel. Copyright.) (Received Nov. 18. 10.45 p.m.) BERLIN, Nov. 13. Reichbank gold and foreign currency reserves, as well as the percentage thereof to notes in circulation. have touched a. new low record. Reserves were reduced by £59,490,00C 1 at par and notes covered 26.7 per cent, .compared with 27.3 per cent, a week ago. R.Ai.S.P. AND WHITE STAR FINANCE LONDON, 'Nov. IS. Holders of debenture stocks iu ike Royal Alail Steam Packet Coy. and 61 ’ per cent, guaranteed preference shares in the White Star Lin© will be called upon, probably in January, to consider a scheme for reconstruction which has been dralted and is now being considered by the banks and other creditors. Meantime, a further extension of the moratorium is necessary, and arrangements are being made accordingly, ITALY AND AMERICA CONVERSATIONS POSTPONED WASHINGTON, Nov. 17. The Grandi-Hoover conversations which were scheduled for 4 p.m. today have been postponed until 9.15 o’clock on Wednesday morning.
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Bibliographic details
Gisborne Times, Volume LXXII, Issue 11491, 19 November 1931, Page 4
Word Count
166GENERAL CABLE NEWS Gisborne Times, Volume LXXII, Issue 11491, 19 November 1931, Page 4
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