Berlin, Jan. 16.
The extraordinary liquidity of the money market was shown very distinctly by the rapidity with which the end of month credits granted by the Reichsbank were repaid as shown by the last Reichsbank weekly return, 90 per cent. of the borrowing having been repaid in the first week of January. This was all the more remarkable in view of the heavy demand for the new Reichs loan now on issue. Despite all this the demand for Gold Discount Bank sola bills and tinues. M short-term Reichs treasury bills cog-
After a period of eager buying the share market the demand slum few days in the past week pi ing sunk so far during the kened at the week-end.
week that real investors are agau tempted by the low price level and showed all the more readiness to do so as the bourse reform long projected seems now to be near at hand.
Electi shares were in special demand in because of an expected 5 dividend and in the case of because of a new share
Text read from the printed page and cleaned; old type leaves the occasional error.