Business & Finance: Business As Usual

Nazi Germany's invasion of France and the Low Countries last week made many items of business news seem less important than they really are. Some of them :

∧Despite a bearish pounding taken by the stockmarket, an investment banking syndicate headed by Wall Street's Morgan Stanley & Co., Inc. sold most of a $75,000,000 issue of U. S. Steel debentures in one day, but still had about $7,000,000 of them left at week's end.

∧ Montgomery Ward & Co., Inc. took one look at the markets (where Ward com mon closed the week at 37!)...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!