SWEDEN: Grand Hotel

Stocks rose in Stockholm last week as the Swedish Treasury and private banks pooled $30,000,000 to tide over a leading Swedish bank hard hit by the suicide of overwrought Ivar Kreuger, president of the Swedish Match Trust (Kreuger & Toll). Next day Swedish stocks upped again as the Diet extended for another month the Kreuger & Toll moratorium.

But if Swedish confidence in Sweden's fiscal strength was almost back to normal, there was still excitement in the Grand Hotel which faces King Gustav's palace across a small lagoon.

Almost complacently a Swedish correspondent...

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