LATE NEWS
A FINANCIAL PROBLEM FALL IN AMERICAN RATE OF EXCHANGE By Telegraph—Press Association—Copyright (Rec. August 17, 0.15 a.m.) London, August 16. The rate of , American exchange in' New "York on Saturday was 4.69J dollars, .a fall of 7 cent's on tho week. The decline is causing uneasiness on both sides of the Atlantic. Home city circles rccommend a larger gold oxport; while American exports declare the effect of gold shipments would be infinitesimal, and the only solution is for the Allies to raise loans in New York. .. THE PIRATE WAR . BRITISH STEAMER SUNK" (Rec. August 17, 0.15 a.m.) London, August 16, The steamer Princess Caroline (888 tons) has been submarined. Fifteen of the crew were killed and four lost.
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Dominion, Volume 8, Issue 2542, 17 August 1915, Page 5
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120LATE NEWS Dominion, Volume 8, Issue 2542, 17 August 1915, Page 5
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