GERMAN BONDS BOOM
AT RUMOUR OF REDEMPTION
THOUSANDS MADE ON LONDON
'CHANGE.
(UNITED FRES3 ABBOCIATIOX,—COfIRISHT.) (ADSIIULIAK-NEW ZEALAND CABU ASSOCIATION.) (Received 19th January, 9 a.m.) LONDON, 18th January. Speculators in German bonds on the London Stock Exchange made thousands of pounds to-day. German 3 per cents, 3|, and 4 per cents, leaped higher every hour, until those who bought early doubled their money. German "fours," worth 9s on Monday and 10s 9d on Wednesday, were 21s to-night! It is stated on the Stock Exchange that tho German Government contemplates the redemption of its pre-war debt. Dutch agents arc- smuggling bonds across the border into Germany by night. There ilre certainly heavy buying orders from Amsterdam. The news of rapid profits spread quickly, arid jobbers, were busy long after their usual hours.
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Bibliographic details
Evening Post, Volume CVII, Issue 16, 19 January 1924, Page 7
Word Count
130GERMAN BONDS BOOM Evening Post, Volume CVII, Issue 16, 19 January 1924, Page 7
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