Report Berlin, May 14.
The money market throughout the week remained extremely liquid so that the quarterly taxation day passed off without the least hitch. Rediscountable short-term securities of all kinds were in brisk demand especially sola bills and good commercial bills While not interest-bearing Reich bills were less sought.
One marked feature of the week was the progress with which indus-{rial bond issues were applied for, that of the Deutsche Industriebank for instance which had originally been set for 40,000,000 Reichsmarks, had to be raised to 60,000,000 to meet the demand while the loans of the Schluchsee Power Works and the Steinkoblen Elektrizitaets A.G. were both oversubscribed.
On the bond market, Reich Railway preference shares rose from 124% to 125% but otherwise business was quiet.
The "Frankfurter Zeitung" share index for the week stood at 142.56, the bond index at 101.74, the wholesale price index at 106.5, The following were the quotations of some of the leading German shares on May 8 and 13 respectively: Reichsbank 178.50 178.50. German Dye Trust Saizdetturth Potash United Steel Works German Mineral Oils Continental Rubber 195,000] Siemens & Halske General Electrics AEG Rhenish-Westphalian ainu America Lit North German Liovya -America Line
Deul Bank Bemberg Rayon Deutsch-Asiatische Bank Young Loan 10240 102.30—Trans-Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.
