The Archive · 1937

BERLIN BOURSE

Berlin, July 6. X When the share market opened todày. no uniform tendency revealed itself at first although im general the ione was friendly. But shortly after the quotations were fixed. an upward movement set in but the actual business done was confined chiefly to several special favourites. As on the previous days however the turnover remained very small. No immediate cause for the sudden improvement in the market could be named but the prevailing opinion seems to be that the international political situation has eased that he prospects of a relaxation of the tension are good. Minings were steady, lignites and mineral oils more lively.

On the fixed interest securities market a certain demand from the investors was apparent. The turnover however remained restricted. Reichs Old Liquidation Losn improved a shade. closing at 12640. Communal Funding Loan stood almost unchanged. Among the industrial debentures Harpener bonds rose 34 to 125% but Dye Trust bonds declined.

Call money stood at 2% to 2% per cent, Reichsbank 211 up 1, German Dye Trusts 166% up %, Salzdetfurth Potash 165 up 34. United Steel Works 120% up 4. Mannesmann Pipes 123% unchanged, Harpener Mining 181% unchanged, German Mineral Oils 153% up 1%. Continental Rubber 190% up 1%, Siemens & Halske 220% up 3, AEG 128% up %. Rhenish-Westphalian Power 133% down %, Hamburg-America Line 19 unchanged. North German Lloyd 20% up Bemberg Rayon 143% up 2, Deutsche Bank 118% unchanged. Deutsch-Asialische Bank 901 up 10. Young Loan unquoted, yesterday 105%.

Reichsmark quotations without guarantee: New York 4012, Paris 1045, Amsterdam 72.73 to 72.97, London 1234.

Paris quoted sterling at 12830 to 12840 and the U.S. dollar at 25.945 to 2595.—Trans-Ocean.

Text read from the printed page and cleaned; old type leaves the occasional error.

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