FALL OF THE MARK.
FRANTIC SPECULATION. CLIMAX APPROACHING. By Assn—Copyright. London, Sept. 28. The Daily Express’ Berlin correspondent reports that the overshadowing question of the hour is “Will the pound sterling reach 500 marks?” At one time on Wednesday 490 marks was quoted to the pbund. The catastrophic fall has caused such nervousness that it is stopping all business, nevertheless shares on the German Stock Exchange are rising in startling fashion. Rises of 250 points in a day are common. Some mining shares have risen over 2000. Frantic speculation is universal. An indication that the confusion is due to the slump in the value of the mark is furnished by the fact that prices of goods in shops are constantly changing. When the price of an article is asked, the assistant says, “Excuse me a minute while I ask the ipanager of the department how much the price has risen in the last hour.” There is a general feeling that the climax is coming. It is impossible for German finance to continue to run amok.
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Taranaki Daily News, 30 September 1921, Page 8
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175FALL OF THE MARK. Taranaki Daily News, 30 September 1921, Page 8
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