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!)...
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