BANK SMASHES.
By Telegraph—Press Association Copyrig Berlin, June 20. Following the stoppago of the Dresden and Allgemeio Deutsche Credit Anstalt Banks, the Leipsigcr Bank lias suspended payment, causing a semi-panic on the Berlin Bourse. Bank shares have declined generally, in some eases eiglit points. The Bourse is recovering. A financial crisis is not likely. London, June 2(5. ft is unlikely that London will he seriously affected by the Berlin Bank crisis. The Times says that the Leipsiger Bank advanced the Trobor Troclinu ig Company of Cassel eighty-seven million marks, nearly twenty-three million marks beyond its share capital and reserves.
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Gisborne Times, Volume V, Issue 143, 28 June 1901, Page 3
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99BANK SMASHES. Gisborne Times, Volume V, Issue 143, 28 June 1901, Page 3
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