GERMANY.
FINANCIERS ALARMED. AT HEADLONG FALL OF THE MARK. By Telegraph —Press Awn.—(opyrlght. Received Au,j. 26, 8.40 p.m. Berlin, Aug. 25. The headlong fall of German exchange is alarming financiers. It is attributed to various causes, partly the enormous quantity of paper money abroad, including a hundred million sterling in Switzerland, and smaller sums .in Scandinavia and Holland. It is also due to unauthorised purchases and combined exportation of private German capital in order to avoid taxation. —Times Service. INCREASED SAVINGS BANK DEPOSITS. Received Aug. 26, 8.15 p.m. Amsterdam, Aug. 25. The deposits in the German savings banks at the end of 1018 nmountcd to thirty-three million marks, compared with twenty millions before the war.— j Aus.-N.Z. Cable Assn. BRITISH TRADE IN GERMANY. Cologne, Aug. 24. In order to assist British firms to establish a footing in German markets British liaison officers have been appointed in various towns to give information and assistance on trade questions to British commercial representatives.
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Taranaki Daily News, 27 August 1919, Page 5
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160GERMANY. Taranaki Daily News, 27 August 1919, Page 5
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