TRADE DEPRESSION
SERIOUS SLUMP IN GERMANY. (By Telegraph.—Press Assn.—Copyright.) (Reuter’s Telegrams.) BERLIN, June 10. (Received June 11, 8.30 p.m.) The financial difficulties of the German industrialists are reflected in an all round slump in industrial securities on the Bourse. It is reposed that several concerns are faced with a similar position to that of the late Hugo Stinnes’s and have been forced to throw their holdings on the market. A typical case is provided by the Reiherstieg shipyards at Hamburg, which are closing down despite big orders, on account of lack of funds with which to carry on.
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Southland Times, Issue 19575, 12 June 1925, Page 5
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98TRADE DEPRESSION Southland Times, Issue 19575, 12 June 1925, Page 5
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