GERMAN OBLIGATIONS.
UNFAVOURABLE EXCHANGE
CONFERENCE WITH CREDITORS.
APPEAL TO BANK OF ENGLAND
United Press Assn —Elec. Tel. Copyright. (Received May 17, 12.20 p.m.)
LONDON, May 16
The Reichsbank has cabled to the Bank of England regretting that the German exchange- position is so unfavourable that it seriously affects the further transfer of funds for debt service, necessitating ditect discussion with the creditors.
It requests the Bank of England to Invite the English bank committees, Issuing, houses, and trustees of German Issues to send representatives to a meeting to be held in Berlin on Thursday, May 25.
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https://paperspast.natlib.govt.nz/newspapers/WT19330517.2.55
Bibliographic details
Waikato Times, Volume 113, Issue 18947, 17 May 1933, Page 7
Word Count
96GERMAN OBLIGATIONS. Waikato Times, Volume 113, Issue 18947, 17 May 1933, Page 7
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