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FINANCIAL CATASTROPHE.
v.. FEARED IN GERMANY. (Rec. June 5, 10.5 p.m ) t COPENHAGEN, June 3. A financial crisis is evident in? Germany. The war loan stocck issued at ninty-eight, has dropped to seventytwo. The- National Bank is rebuying the. stock with notcf-, of which it is issuing an unlimited number. The banks holding of gold now only covers 6 4 per cent, of the note issue, and its proportion is decreasing every day. A financial catastrophe is feared.
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https://paperspast.natlib.govt.nz/newspapers/GRA19190606.2.35
Bibliographic details
Grey River Argus, Volume 06, 6 June 1919, Page 3
Word Count
78FINANCIAL CATASTROPHE. Grey River Argus, Volume 06, 6 June 1919, Page 3
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