Berlin, Feb. 27.
The liquidity of the money market is shown by the rapid sale of a new series of non-interest bearing treasury bills while the gold discount Bills in circulations have also risen substantial - to about 600,000,000 Reichsmarks, this proving the existence of a demand for sound investments despite the approach of the end of month settlement. As short term money is often hard to place, the demand for fixed interest securities varying little in price, such as gold mortgage bonds, is increased, especially as a much higher rate of interest is obtained where such investments can be found. Even less popular favourites of fixed interest securities have been eagerly sought, above all old liquidation loans. The demand for industrial bonds continues to be brisk, prices varying little, the trend being upwards.
Shares were somewhat friendlier during the week but the turnover remained small since bank customers placed few buying orders. Higher dividends declared this week acted as a slight stimulant, above all Com-metz und Privatbank which raised the-dividend by one per cent. by comparison with the preceding year.
It is expected that both Deutsche Bank and Dresdner Bank whose balance sheets will appear at the beginning of March will likewise increase their dividends by one per cent. More interest w shown in electrics and public utilities.
"The following were the quotations of some of the leading German shares on February 21 and 26 respectively:
Text read from the printed page and cleaned; old type leaves the occasional error.