DOLLAR AND STERLING

Evening Post, Volume CXXVI, Issue 134, 3 December 1938, Page 12

DOLLAR AND STERLING

B.\ Telegraph—Press Association—Copyright, i (Received December 3, 10.20 a.m.) LONDON, December 2. Sterling exchange, London on New York, 4.67 J. Dollars. December 1 4.68 November 30 4.66 5-8 November 29 4 66 1-8 November 28 4.64£ November 26 :.. 4 631 November 25 4.64J November 24 4.661-8 November 23 4.66J November 22 4.67£ November 21 4.70 November 1 4.755-16 October 1 4.82J September 28 4.63 September 1 4.8513-16 August 2 4.90.? July 1 4.955-8 June 1 4.947-8 May 2 4.9811-16 April 1 4.945-8 March 1 5.02 London on New York, during 1937, averaged 4.95 dollars to £1 sterling; on August 2, 1938, 4.90f; on September 1, 4.85 13-16; but declined to as low as 4.63 to the £ on September 28; and during October varied between 4.78£ and 4.75 3-8. During November, 1938, the variation has been 4.76J dollars (November 8), 4.63J (November 26). RISE IN PRICE OF COLD B? Telegraph—Pres3 Association—Copyright.) (Received December 3, 10.40 a.m.) LONDON, December 2. The price of fine gold per ounce is 148s lid. s. d. December 1 148 6£ November 30 149 1 November 29 149 3 November 28 149 9J November 26 150 0 I November 25 149 10J ! November 23 149 2 ; November 22 148 9 j November 21 147 \l\ November 18 147 7 November 15 148 3 November 9 146 3 November 1 146 3 J October 1 144 U September 28 147 0 September 1 143 0J August 5 142 0 August 2 141 8 July 1 '. 140 9 June 1 140 U May 2 139 6J April 1 140 Oh March 1 139 9& February 7 139 7 The highest average price of gold in 1937, on March 6, was 142s 7Jd. The record price was 149s 4d, reported on March 11, 1935. The unofficial price then reached 149s lid. The range for November, 1938, was: Highest, 150s (November 26); lowest 145s ll£d (November 8). (Received December 3, 11.30 a.m.) LONDON, December 2. Gold to the value of £1,626,000 was sold at 148s lid.