GERMAN ITEMS.
fAustralia A- N.Z. Cable Association.]
THE STINNES TRUST. (Received this day at 8 a.m.) BERLIN, July 28. Despite the cable of oth June there is 111) longer any question of the reorganising of the Stinncs concern, hut of disposing ol some ot its most important possessions in order to fulfil its obligations to tbe Bank. Tbe Stinnes Shipping interests at Hamburg have been realised and the London banking linn of Henry Sehmeder has purchased for three million dollars the shares of the Dutch Luxemburg Mining Coy, their nominal value Is-ing twenty-one million marks, comprising roughly a quarter of the mining company’s sltjje capital. The Prussian State has q,tired the Rhenish Westphalian Electric Works, the majority of whoso Atari's were in the hands of Stinnes.
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Hokitika Guardian, 29 July 1925, Page 2
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126GERMAN ITEMS. Hokitika Guardian, 29 July 1925, Page 2
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