STERLING FALLS
VERY LOW PRICE
(United Press Association—By Electric Telegraph—Copyright)
LONDON, November 24. Following Mr Hoover’s announcement. excitement ran high in the foi'e-'gn exchange market and sterhmg ■,vii« offered heavily, falling to 3245. and -rompnr d with 323!), the lowest over recorded since Britain left the gold standard. The Stock Exchange opened weak land gi'lt edgeds were generally $ per cent, lower.
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Hokitika Guardian, 25 November 1932, Page 5
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61STERLING FALLS Hokitika Guardian, 25 November 1932, Page 5
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