VALUE OF STERLING.
mm—* — W|jp:lN NEW YORK. 1 'BIGHEST POINT SINCE LAST AUTUMN. • 'fnnni ' russs association —by euectsio •H $■ ■ mCQBAPH—COPYBIOHX.) NEW YORK, March 8. ' TSp pound sterling soared by 17| > Tuesday to 3.701 dollars for .transfers, the highest point since ' !$-l|uiunw. . Canadian dollar is at 90, or a fuller of £ cent, lower than on Monexchange dealers said New a substantial buyer of ster- £%&, though roost of the buying 'lttffiufed in Europe. Th© sharp rally cWgrnmbed all offerings made by the Treasury, which is said to bo lafwjjifr'hold the price down. has turned bullish on pßtjpig," was the explanation of one INCREASE. t ', SttmSH OJTICIAL WIBELJSSS.) IMp'! ' RUGBY, March 8. ffefittefpg made a remarkable rise leading currencies on the IfeMo-dfcy.' From the overnight <3,831 dollars the New York rate to 3.714 dollars. The rejj" automatically caused a reducjj| the price of gold.
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Press, Volume LXVIII, Issue 20492, 10 March 1932, Page 9
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141VALUE OF STERLING. Press, Volume LXVIII, Issue 20492, 10 March 1932, Page 9
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