Berlin, July 26.
The share market which was markedly quiet on Saturday was weak throughout all sections to-day. Operators continued to realise on their holdings conscious of the fact that the numerous discussions and warnings that have recently occurred by the German Institute for Business Research about the present high level of prices have made the public cautious and once more directed the attention to the fixed interest securities where no disparity between the prices and the return on the in. vested capital can be alleged, Never. theless the public does not seem d posed to part with its share holdings Great interest was displayed in the flotation of the State Company for Mining and Smelting of Iron "Hermann Goering" whose object is to utilise the low content of iron ores in Germany and bring the production of German iron up to 50 per cent. of the total consumption. The approach of the monthly settlement again damped down enterprize. Rayons electrics and minings were weaker.
Fixed interest securities were very fir a. Communal Funding Loan rose to 94.55, the public apparently turning to this stock because gold mortgage and communal bonds were almost unobtainable. In city loans Stettin. Elberfeld 1928 and Essen all rose Reichs Old Liquidation Loan declined to 126%.
Call money stood at 2% to 2% per cent.
Reichsbank 215% down 534, German Dye Trusts 169% down 36, Salzdetfurth Potash 166%, Saturday unquoted, United Steel Works 123% down 1, Mannesmann Pipes 126%
Text read from the printed page and cleaned; old type leaves the occasional error.