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GERMAN LOANS.

FINANCIERS PROTEST AGAINST DIFFERENTIATION. QUOTATIONS STRUCK OFF LIST. [By Electric Cable—Copyright.) [Aust. and N.Z. Cable Association.) (Received Thursday, 7 p.m.) BERLIN, July S. The committee of the IBourse 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 grant the latter a revaluation of only 2i per cent., compared with Jive per cent for old holders. All other German exchanges also closed. Bankers and financiers are generally of opinion it will be impossible to carry out such differentiation. They anticipate German securities abroad will be adversely affected. The Bourse committee considers differentiating would destroy confidence in German loans and has decreed that until further notice, quotations of loans in the Reich and Federal States and towns bo struck out of the list.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MT19250710.2.43

Bibliographic details

Manawatu Times, Volume XLIX, Issue 2728, 10 July 1925, Page 5

Word Count
146

GERMAN LOANS. Manawatu Times, Volume XLIX, Issue 2728, 10 July 1925, Page 5

GERMAN LOANS. Manawatu Times, Volume XLIX, Issue 2728, 10 July 1925, Page 5