| Show I GERMANS INVEST SAVINGS SA IN LOAN Bank Resources Unimpaired by Raising for War Wal Purposes Berlin Sept 27 ln president of oC the Imperial flank Dank of oC Germany Germany Getman Ger Get man many reviewed tho financial and economic position of oC tho country countr at nt a n meeting today of or tho the executive cc committee com coin of tho the bank His Ills remarks are given ns as follows folloW's b by the Overseas News a agency ge n cy cyThe The gold old influx again has hall Increased after acter a n short period of ot relaxation In Inthe Inthe Inthe the last Jast three weeks tho the old reserve has hns Increased marks 2000 notwithstanding gold old shipments In considerable amounts to foreign countries for tor reasons well velI known Loaning Institutions hold securities to the real value alue of oC only marks for tor mone money borrowed for the second war loan There There- Is a gold old cover of ot 43 3 1 por per cent for circulating tr treasury treasury treas treas- asur as- as ur ury notes The increase in tn note noto circulation Is due lue to lack of s sufficient c t for currency el c r cu A UL ILL me 1111 n ii i ju u er- er r- r In the tho east enst The Tho gold which was In circulation formerly In those t territories C rn tor i Cs d disappeared I sa d be before to ro they were evacuated The Tho third war loan Joan according to re reports reports reports re- re ports now at nt hand amounts to 12 marks Part of oC tho the subscriptions subscriptions sub sub- including from the arm army for which the time was extended still is outstanding The third war loan was another wonderful achievement of ot tho the German n nation nation ti tl thc n tho greatest ever performed b by bya a a. nation in the financial field fell Economic conditions have havo been adapt adapted cl entirely to tho changed con con- Iron and steel production have c reached 70 per cent of ot the amount in times of ot pence peace Tho The figures for coal and coke production still arc are higher In fn spite of ot tho the call to arms of oC the majority majority ma ma- maI I o of railway workers traffic has Increased steadily p. p Tho The figures for tor Tul July established a n record surpassing that of or peace pence times Deposits of ot saving Institutions have Increased to such an extent that not only were the unusual demands of ot the third war loan lORn satisfied casU easily but hut there Is available cash still to be disposed disposed disposed dis dis- posed of oC All AU classes of ot tho population utilized their savings for the war loan It was taken with quiet confidence In fh th n e th h 1 th u u v. v u. u 0 suit of oC the warLike war i Like the first two war loans Ioan the i quotations of ot tho the new issue have ha not been below helow the price of oC Issue but steadily above It The socialist newspaper says no other European country countr is capable of ot such an effort as ns was put forth b by Germany in raising the new war loan Joan which demonstrated Germanys Germany's Germanys Germany's Germanys Germany's Ger Ger- many's economic strength and the re results ro- ro suIts of oC her Industry The extent of ot German Germanys Germany's s progress Is Illustrated the tha says by the fact that the Prussian war loan of marks maries Issued in 1380 1880 was only half haIr subscribed sub sub- scribed bed |
