London, Apr. 3.
"Spot" silver declined slightly today, while "forward" remained unchanged, with quotations: being Apr.1 Apr. 3 London spot 20d. 19144. forward 1934. 194d. gold 148/6d. 148/54.
London/New York:
One pound U.S.$4.6813 $4.6840
One U.S. dollar 51.267d. 51.238d.
—Reuter.
Industries to Be Promoted Within Four-Year Plan Berlin, Apr. 3.
Various guarantees, amounting to the equivalent of £120,000,000, and including £40,000,000 for tha promotion of exports are the outstanding features of Germany's 1939 Budget.
The Budget was promulgated by a law published yesterday in the "Law Gazette," which reveals that the Government has no intention of presenting cut and dried Budget figures to the public.
The Finance Ministry is authorized to assume guarantees up to £16,000,- 000 for the promotion of industries within the limits of the Four Year Plan. In future, it will be extremely difficult to guess how much Germany is spending on armaments and defence,—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.