A continuation of yesterday's vance was witnessed on the Stock Exchange, today on the receipt of better new from Central - Europe. News that the Munich Conference had agreed on æ programme of main essentials brought most issues to the day's highs during the final hour of trading. In the foreign exchange market, sterling further recovered, but commodities generally moved within a narrow range.
By Courtesy of Swan, Culbertson & Frítz European developments again overshadowed all other ' factors on Wall Street during the current period under review. In the first hour of trading Monday, 300,000 shares changed hands. Leaders suffered the widest losses, but prices y closed above the day's low the market attempted to appraise news from abroad. Following the speech of the British Prime Minister. on Tuesday, a momentary selling wave was encountered with a congested appearance in evidence as most issues lost their earlier gains during the last hour of trading. On the report of Herr Hitler's, agreement to hold a conference at Munich, stocks moved up sharply Wednesday The spectacular rally was reminiscent of the 1929 boom, after an earlier slump on the general weakness of European advices. The advance carried through Thursday on receipt of better news from abroad, and most issues finished near the day's best levels.
Though on balance only fractional changes were recorded in the Dow-Jones 115 Commodity Index, individual commodities fluctuated
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