The Archive · 1938

Dow-Jones Summary

By Courtesy of Swan, Culbertson & Fritz

Stock prices today responded to reports that Herr Hitler had assured Great Britain that Germany had no intention of marching into Czechos slovakia., Otherwise market new was bearish: the Supreme Court has refused to hear several labour cases ihe drive has been resumed to pas the Wage-Hour Bill; the delay in signature of the Tax Bill continues steel operations being listed at 29.0 per cent of capacity, a new low since January; the price of lead metal has declined $5.00. However, was noted that business failures for the week ended May 19 declined to the lowest level for the year, and several big companies have decided to maintain their improvement programmes, Authorised $50,000,000 Issued and fully-paid up $20,000,000 Hongkong Currency Reserve Fund.........° $10,000,000 Sterling Reserve Fund £6,500,000

Text read from the printed page and cleaned; old type leaves the occasional error.

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