London, Sept. 6.
A considerable improvement in sentiment in most City circles followed the publication of the reported principles of the Czechoslovakian Governments new offer to the Sudeten Germans, although, in all markets, mess continued to be chiefly prosional in character.
Trading on the Stock Exchange especially brightened up, with gold minings, in particular, enjoying some measure of speculative attention which had been previously held in check by political uncertainties.
Although gold valued at £1,367,000 changed hands at the fixing the demand slackened off when the news from Prague came to hand, and, unlike the experience of late when sellers generally demanded a premium over the fixing price, speculators today actually offered gold at the fixed price.
Quieter conditions were also witnessed in the foreign exchange market. After early strengthening to 481.65. cents, the dollar reacted on profit-taking to 483.00 cents and closed at the end of the day at 482.28 cents.
The undertone of most commodities was very steady, although dealers, as in other markets, were inclined' to await more, concrete developments before undertaking any large-scale commitments.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.