GERMAN FINANCE.
STEADY FALL OF MARK. By Telegraph.—Press Assn.—Copyright. Received October 10, 11.20 p.m. London, Oct. 10. The Morning Post’s Berlin correspondent says the steady and unexplained fall in the mark provoked another panicky rush to buy securities. Not depending on paper money rates importers. industrialists and the Government are competing against one another to buy foreign currencies. German oil shares increased a thousand to three thousand per cent, since Friday, while shares of the Deutsche and other banks interested in petroleum advanced three hundred per cent. In contrast to the instabilitv of the mark the September returns show that Hamburg’s shipping has nearlv reached the pre-war volume. —Aus.-N.Z. Cable Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19221011.2.46
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 11 October 1922, Page 5
Word count
Tapeke kupu
111GERMAN FINANCE. Taranaki Daily News, 11 October 1922, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in