AUSTRALIAN UNCERTAINTY
■"SYDNEY, 'April "it: ■ On the Sydney" Stock Exchange the uncertainty regarding the attitude of America, which it., is reported contemplates cutting the price of gold drastically, is having a depresing effect, on several stocks. , .Electrolytic zinc prices , receded sharply.. Barriers and «. Mount Lyell shares also eased. ,'
The United States price of gold hag been 35.dollars per fine ounce since the beginning of 1934, but the President has power to reduce it by up to 55 cents per: ounce.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19370412.2.95.3
Bibliographic details
Evening Post, Volume CXXIII, Issue 85, 12 April 1937, Page 9
Word Count
80AUSTRALIAN UNCERTAINTY Evening Post, Volume CXXIII, Issue 85, 12 April 1937, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in