Speculative Opportunities Seen Amid Market Turmoil
June 27 New York recalls a heated debate on railroad rates and speculation. The Federal Reserve’s stance on inflation remains contested while investors fear gasoline shortages and market shifts. Officials warn of overvaluation, urging caution as railroads, banks, and stock exchanges face scrutiny and possible value readjustments.
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Inter Commerse Commission
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International Scrip To Come up Before Conference
New York June 2 dispatch from Paris reports former British Chamber of Commerce president Behrens urging an Allied international currency note issue. Plan discussed at League of Nations finance congress would back notes with allied resources, usable for food and raw materials, with possible U S exchange against treasury notes. Davison plan favors centralized credit mobilization. Brussels conference may refine proposals to aid Europe’s recovery and prevent social upheaval.
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Oping
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Vie
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Germany Confronts Under Production Crisis at Siemens Speech
Carl Friederon Von Siemens warned at a J. & Halske meeting that Germany faces a decline in production. He blamed excessive officials and underutilized labor, noting statistics show a false standard of productivity and rising costs amid weak output. He cited worldwide demand for goods as hampered by high production costs.
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Allies to Ask U S To Refund Loans
Paris June 27 A likely move at the inter Allies conference focuses on delaying repaying the large loan debts owed to the United States. Officials seek a moratorium and longer repayment terms, while the Brussels talks consider pressuring Washington to accept a staged repayment by Germany via reparations.
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Railroads urged to seek higher revenue amidst safety fears
Report from Peking states the Chinese government plans a monthly budget of about 13 million with 20 million financial shortfall. Officials warn increased railroad revenue is needed to avoid crippling transport risks and failure to fund military upkeep.
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Peking
Itetanhe Poine
Roumania Tries to Place Loan in United States
A Roumanian effort to place five percent, 1.5 billion dollar bonds in the United States is described. The plan aims to finance a government facing a confused financial system, due to war strains and currency depreciation. Paper money issues during occupation have swollen circulation, with estimates ranging toward tens of billions of lei.
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United States
Austria
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Garemans
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Trade circus to tour British dominions for exports
London reports the department of overseas trade will dispatch an official trade circus to promote British goods in the dominions. The tour to the Far East South America and the United States is postponed due to manufacturers’ pre existing commitments, according to the American Chamber of Commerce.
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Communist Money Probe In Hungary Turbulence
Budapest reports the government announces a Bela Kun era inquiry into overnight Communist funds. The Mogul money stash was seized amid a crackdown, with authorities estimating the total at around 9,000 crowns.
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Budapest
Bela Hayy
Notice of Nonresponsibility for Wife's Bills
Tayitt disclaims responsibility for any charges contracted by his wife. Mrs A Low signed. Walter Lown.
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Tayitt
A. Low
Walter Lown
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