GERMAN SLUMP.
INDUSTRIES SHORT OF MONEY.
(BT CABLE—PBEBS ASSOCIATION—COPTBIGHT.) (AUSTRALIAN AND N.Z. CABLE ASSOCIATION.)
(Received June 11th, 9.50 p.m.)
BERLIN, June 10.
The financial difficulties of German industrialists are reflected in an all-round slump in industrial securities on the Bourse.
It is roported that sevoral concerns are faced with a similar position to that of tho Stiiines Trust, and are forced to throw their holdings on the market.
A typical case is provided by the Beicherstieg shipyards at Hamburg, which are closing down despite big orders, on account of the lack of funds with which to carry on.
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Press, Volume LXI, Issue 18406, 12 June 1925, Page 9
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98GERMAN SLUMP. Press, Volume LXI, Issue 18406, 12 June 1925, Page 9
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