Berlin, Mar. 6.
The end of month settlement of February was greatly eased by the maturity of great quantities of sola bills of the Gold Discount Bank and other short term securities, This coincidence was particularly happy as the quarterly taxation instalments are this time exceptionally heavy and fall due on March 10, demanding an especially liquid state of the money market. To provide the required cash, quantities of fixed interest securities also found their way into the market.
Nevertheless fixed interest securities continued to be firm, all stock coming forward being greedily taken up by investors. That good investments are still in demand was shown by the readiness with which the whole 49,000,000 Reichsmarks of a new 4% per cent. loan just issued by the Braunkohle Benzin OG. at 98% were taken up. Shipping mortgage bonds to an extent of 9,000,000 Reichsmarks were also issued without a hitch, the proceeds being needed to ance undertakings under the Four Year plan.
On the share market only small prices were recorded except in a few cases. Siemens & Halske shares were again at the same price as they were before the dividend was paid. Many leading companies are expected to increase their dividends, notably Use Bergbau Lignites, Goldschmidt Chem-leals and United Steel Works.
The following were the quotations of some of the leading German shares on February 28 and March 5 respectively:
Reichsbank German Dye Trust Salzdetfurth Potash "1! United Steel Works Mannesmann Pipes Harpener Mining. German Mineral Oi Continental Rubber Siemens & Halske Gen. Electrics AEG. Rherish-Westphalian Power.
Hamburg-Amer. Line North German Lloyd Bemberg Rayon Deutsche Bank Deutsch-Asiatische Bank Young Loan 210815 211.875 161.125 160.25
Text read from the printed page and cleaned; old type leaves the occasional error.