Berlin, Nov. 7.
Following the publication of Mr. Parker Gilbert's memorandum, the German Government's reply and an unsatisfactory report by the German Steel Trust, quotations on the! Bourse to-day dropped, some shares: losing as much as thirty points. Bear speculators were busy, making the most of the situation,' Bourse circles fear that the half-monthly. settlement day may disclose losses: equal to those of the ill-famed Black Friday" of several months! ago.
The slump was partly attributed to a passage in the Steel Trust memorandum agreeing with Mr. Parker Gilbert and foreshadowing economic stagnation, particularly in the coal and iron trades, unless the German economic and financial Policy should be completely reorg ganized. The memorandum, however, demonstrates by means of statistics the progress of the Steel Trust's remunerative activities—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.