GERMANY: Bad News

The worst break the Berlin Stock Exchange has suffered under Adolf Hitler shrank the prices of leading issues by some 7% one day last week. A prime German blue chip, Vereinigte Stahl Werke (United Steel Works), dipped for the first time in several years below its par of 100 marks per share. None doubted that without the strict Nazi control of German finance the break would have been even worse. Although prices later recovered perhaps half their losses last week, as the Reichsbank strongly supported blue chips, the mood of the average...

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