Business: German Bonds

The collapse of the extraordinary rise in prices for German Government internal bonds, long predicted by Wall Street, has at this writing apparently occurred.

When the German mark descended to practical worthlessness, German national and municipal mark bonds naturally went down with it. In almost all financial centers they were considered merely amusing souvenirs. Bond dealers, when selling them, would count them very carelessly, and sometimes throw in 1,000,000 marks in bonds for good measure.

Suddenly last summer, a powerful buying movement set in, under which the worthless securities rose amazingly in...

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