THE SINKING MARK
RECORD-BREAKING DIVE. FEVERISH BUYING AND WILD SPECULATION. ** Prm Association —By Telegraph—Copyrtge* LONDON, November 2. The Daily Chronicle’s Berlin correspondent says that the mark made a recordbreaking dive into the abyss, and nearly doribled in worthlessness during the day, the plunge being accompanied by feverish buying on the Stock Exchange and wild speculation in the scrip of the gold loan. This scrip bears the face value of a -dollar, and these German dollars are now selling at about three hundred thousand. Thus the new currency is becoming a fresh counter for gambling. Food and goods in the shops are now priced also many gold marks and the equivalent number of paper marks; but as the price in paper is based on the exchange value, the price in gold marks is sometimes changed three times a day.—A. and N.Z. Cable.
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Otago Daily Times, Issue 19010, 5 November 1923, Page 7
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141THE SINKING MARK Otago Daily Times, Issue 19010, 5 November 1923, Page 7
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