HEADING FOR CRASH.
SPECULATION IN GERMANY. GREAT TRADE BOOM. By Telegraph.—Press Assn. —Copyright. Berlin, Sept. 8. Owing to the speculation fever on (the Stock Exchange the directors have decided to keep the exchange closed so that business can only be transacted two days weekly for the present. The banks announce that i,t is impossible to cope with the tremendous bulk of business and decline to be responsible for the quick and accurate execution of orders. Newspapers warn the public that a crash is inevitable, but the warnings thus far have been without effect. The fall in value of the mark was responsible for a wild rush, though many speculators belong to the class which did not know of the existence of the Stock Exchange before the war. The Prussian Ministry of Trade reports that the manufacturing boom in all branches, owing to the fall of the mark, is attracting large foreign orders for clothing, cutlery, locomotives, boots, shoes and chemicals. All these trades are flourishing.
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Taranaki Daily News, 10 September 1921, Page 5
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165HEADING FOR CRASH. Taranaki Daily News, 10 September 1921, Page 5
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