A GERMAN FINANCIAL CRISIS.
SUSPENSION OF THREE BANKS
A SEMI-PANIC ON THE BERLIN BOURSE.
United Press Assooiationr—By Eleotrio Telegraph—Copyrigh t. BERLIN, June 26,
Following the stoppage of the 'Dresdener and Allgemein Deutsche Credit Anstalt Banks, the Leipsiger Bank has suspended' payment, causing a semi-panic on the Berlin Bourse. Bank shares have declined generaHy, in some cases eight points. LONDON, June 26.
It is unlikely that London' will be seriously affected by the Berlin bank crisis. The “Times” says that the Leipsiger Bank advanced the Treber Trochnung Company of Cassel eighty-eeven million marks, which is nearly twenty-three million marks beyond its share capital and. reserves.
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Bibliographic details
Lyttelton Times, Volume CV, Issue 12539, 28 June 1901, Page 6
Word Count
104A GERMAN FINANCIAL CRISIS. Lyttelton Times, Volume CV, Issue 12539, 28 June 1901, Page 6
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