STERLING ADVANCES
HIGHEST RATE SINCE 1914.
GOLD LIKELY TO MOVE BACK TO LONDON.
New York, Nov. 19.
Sterling cable transfers have advanced to 4 dollars 87 13-16 cents — the highest since 1914, with extremely heavy turnover. Tho demand is originating chiefly from London, and the belief that gold will shortly move from Now York to London has been strengthened.
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https://paperspast.natlib.govt.nz/newspapers/HBTRIB19271121.2.39
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Hawke's Bay Tribune, Volume XVII, 21 November 1927, Page 5
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59STERLING ADVANCES Hawke's Bay Tribune, Volume XVII, 21 November 1927, Page 5
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