The crash in the Berlin stockmarket has been featured very little in the press, although U. S. investors who blithely bought German shares at recent exalted prices are ruefully aware of it.
The trouble was precipitated by the heavy liquidation of shares in the Stinnes companies, which are suddenly beset with lack of working capital and other serious difficulties (TIME, June 8, 15, GERMANY). The sons of Hugo Stinnes have not exhibited their father's conspicuous financial abilities in carrying on his far-flung business interests since his death. But even were the elder Stinnes still...
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