GERMAN STOCK EXCHANGE.
DISPUTE OVER LOAN VALUATIONS. Hi CABLE—PRESS ASSOCIATION—COPYRIGHT. BERLIN, July 8. The committee of the Bourse decided to close the exchange to-day as a protest against the decision of the revaluation committee of the Reichstag to differentiate between old and new holders of paper mark State loans and to grant the latter a revaluation of only 21 per cent compared witb 5 per cent for old holders. All other German exchanges have closed. Bankers and financiers are generally of opinion that it is impossible to carry out such differentiation. They anticipate that German securities abroad will he adversely affected' thereby. The Bourse committee consider differentiation would destroy confidence in German loans, and the committee decreed that until further notice quotations of loans of the Reich in Federal and State towns would he struck out of the list.
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Hawera Star, Volume XLV, 10 July 1925, Page 5
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139GERMAN STOCK EXCHANGE. Hawera Star, Volume XLV, 10 July 1925, Page 5
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