The Archive · 1938

BERLIN BOURSE

Berlin, Jan. 7.

Continued demand from the public for shares to-day had the effect of causing a further stiffening of the prices in every action of the market. A certain amount of material 5 coaxed Qut of the market by rising prices but was quite insufficient in amount to meet the increasing demand.

This wave of optimism is attributed chiefly to the highly satisfactory character of various annual reports now appearing, above all that of the "Reichs Kredit Geselschaft—ie, the bank through which the Reich conducts its business with the German industry—that describes the present situation in Germany as thoroughly sound and worthy of confidence.

Towards the close profit taking was noticeable but no relapse recurred. Minings, machine works, celluloses and chemicals were among the shares to advance most but lignites were also very firm.

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

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