Boerse Asks Brokers Not to Encourage Sales of Stock
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Boerse Asks Brokers Not to Encourage Sales of Stock

The executive board of the Berlin Boerse has circulated an appeal to all members urging them not to encourage stock transactions, the Jewish Telegraphic Agency learned today from the most reliable sources.

The appeal is believed to have been inspired by the heavy offerings of stock by Jewish owners who fear the confiscatory nature of the expected decrees implementing the Nuremberg anti-Jewish laws

As a result of the appeal, trading today on the Boerse was exceptionally light, with no new declines of importance being registered. However, in recent weeks the shares of such concerns as Siemens Halska have plunged thirty points, its current price being quoted at 159 as against 189 several weeks ago. Similarly, the shares of Allgemeine Electrische Gesellschaft are now quoted at 33 against 48 not long ago.

The Deutsche Bergwerkzeitung, organ of heavy industry, forecasts that the Boerse will witness a further decline since the sale of shares cannot be stopped by artificial measures.