GERMAN NEWS.
GERMAN MARKET. reuter’s telegrams. LONDON, Aug 24. ' The Berlin market is deluged with marks from foreign holders who have flung them there with no other objec t than of getting out at any cost, but the holders of foreign money, especially dollars, are mo s t unwilling to sell. Consequently the volume of business done at present made prices very small.* The collapse is attributed local ly to the complete loss of faith of recovery, and also to pessimism re-
garding the outcome of the present ne- j gotiations of Sir H. Bradbury and M. ! Mauelere with the Government. The absence of news in that direction is, causing wild rumours, including the imminent departure of Bradbury and Maudere The panicky excitement of. tlje exchanges is largely due to the j rumours. Therefore it is not altogether unwarranted, but evidently still bargaining is proceeding. A violent fall in exchanges is regarded as a danger signal of a political storm.
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Hokitika Guardian, 26 August 1922, Page 3
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160GERMAN NEWS. Hokitika Guardian, 26 August 1922, Page 3
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