The German acquisition of Memel combined with the uncertainties of the Italian plans in the Mediterranean sent stocks downward in the worst break since late in January. European dollar bonds suffered heavily, especially Hungarians, Belgians, Danish and Italians made new lows, and the others declined fractionally to three points. United States bonds joined the decline. Domestic rails registered wide losses. The so-called war commodities, sugar and wheat, gained, while cotton and the others eased. A recovery from the lows followed as} announcement that M. Daladier, the French Premier, was seeking a peaceful settlement with Italy, but iraders continued nervous, Unfavourable news included a proposal that the Government limit war-time profits, an unseasonal decline in the demand The organization of the Sun Li encircles the globe Its representative trained and experienced adv ors ready to giv counsel and guidance. without obligation. on all standard plans of Life Assurance
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