EMOTION IN LONDON

Wairarapa Times-Age, 1 October 1938, Page 7

EMOTION IN LONDON

MRS CHAMBERLAIN CHEERED BY CROWDS X REJOICINGS IN THEATRES PRICES RISE ON STOCK EXCHANGE LONDON, September 30. Newsboys, rushing to Whitehall with late editions of the evening papers ano crying: “Peace, peace!” brought hundreds running to Downing Street. People bought the papers, took one look, and dasned to ino. 10, where a crowd from end to end of the street was soon shouting: “We want Mrs Chamberlain.” A tew mmutes earhei she had left for a special prayer service. A large crowd waited at the door of the cnurch after the service, Mrs Cnamberlam bowing and smiling m response to prolonged cneering. By tne time her car arrived, the crowd nad swelled to thousands. Women in tears jumped on tne runningboard, grasping her hand. Announcements of the Munich agreement were greeted with terrific cneermg at London theatres, where three cheers were frequently given for the King and Mr Chamberlain. London’s night crowds have not revealed such emotion since the war. The 8.8. C. unprecedently broadcast the glad news at 2.30 a.m. A rise in prices has taken place on the London Stock Exchange out of proportion to the amount of business passing. It is still difficult to obtain reliable quotations even for gilt-edged, quotations for which are wide apart. Sterling is also stronger and dollars were at one time offered from all sides and were absorbed by the Exchange Equalisation Fund. An interesting feature in the Bank of England return is the rise of ovei £20,000,000 in the note circulation, reflecting partly minor hoarding, bui chiefly the preparations made by the banks themselves in order to meet emergencies.