Menu JTA Search

Forced Selling of Stocks by Jews Causes Decline on Bourse

The rapid liquidation of Jewish property is assuming such proportions that it is affecting the Bourse, the German press reports today.

This development, however, is not deterring the Nazi authorities from pressing Jews to speed the transfer of their holdings to “Aryans.” Evidence of this fact was given yesterday at a conference of Baden merchants held at Karlsruhe where it was decided to establish a special association of Baden merchants “to take over commerce and trade which has hitherto been in non-German hands.”

Reporting that the “passing of Jewish holdings to Aryans is in full swing,” the Koelnischezeitung, of Cologne, declares that Jews are disposing not only of realty but of stocks and bonds which have been held by their families for generations.

The Bourse’s sinking tendency is a result not only of the Abyssinian situation but also of this Jewish selling, the paper states, listing many concerns the stock of which Jews are selling below par to liquidate their holdings before promulgation of the new economic regulations.

NEXT STORY