"A VERY DULL WEEK"
ON STOCK EXCHANGE
LONDON AND BERLIN
STOCKS AND POLITICAL EVENTS •
(By Telegraph—Press Assn.—Copyright.) (Received August 22, 9 a.m.) LONDON, August 21. The London Stock Exchange has experienced a very dull week. The City, however, takes a calm view of the German situation, believing that Herr Hitler's intention is to frighten rather than to fight, and it considers that Germany is unable to engage in a long war, as it has not the command of the seas nor adequate supplies of raw materials, while its Italo-Japanese allies themselves are too much embarrassed at the moment to be of much assistance. The break in the Berlin Bourse has dramatically directed general Attention to cracks existing in Germany's economic system. The "Financial Times" prominently displays the theory that the Reich, or State, may decide to take over all equities from their present owners, replacing them by some form of Government securities. COMMODITIES IRREGULAR. Commodity prices have continued irregular, pending a decisive lead from the United States. Rubber remains one of the steadiest articles quoted.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 45, 22 August 1938, Page 12
Word Count
175"A VERY DULL WEEK" Evening Post, Volume CXXVI, Issue 45, 22 August 1938, Page 12
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