NO INTERIM DIVIDEND
REICHSBANK’S DECISION FOREIGN OBLIGATIONS (United Press Association—By Electric Telegraph—Copyright) BERLIN, 22nd September. The Beichsbank decided not to pay an interim dividend on the ground that there was insufficient foreign exchange in the bank’s possession to effect a transfer to foreign holders. It is understood that the Economic Ministry has ordered industrial concerns and municipalities to suspend all interest amortisation - payments to foreign investors until Ist April 1935. These are regarded as fresh steps towards a deolaratiqn of a complete transfer moratorium on Germany’s foreign obligations
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Bibliographic details
Nelson Evening Mail, Volume LXVI, 24 September 1934, Page 5
Word Count
88NO INTERIM DIVIDEND Nelson Evening Mail, Volume LXVI, 24 September 1934, Page 5
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