ALL-ROUND SLUMP
IN HERMAN INDUSTRIES
(By Electric Telegraph.—Copyright , 'Australian & N.Z. Cable Association.)
BERLIN. June 10.
The financial difficulties of the German industrialists is reflected in an allround slump in industrial securities on Hie Bourse. It is reported that several concerns are- faced with a similar position to Stinnes and will ho forced to throw their hoardings on the market.
A typical case is provided by Reliersteg Shipyards at- Hamburg, which is closing down despite big orders on account of the lack of funds with which to carry on.
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Nelson Evening Mail, Volume LVI, 12 June 1925, Page 5
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88ALL-ROUND SLUMP Nelson Evening Mail, Volume LVI, 12 June 1925, Page 5
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