COMMERCIAL
STERLING’S FIRMING TENDENCY. (British Official Wireless ) RUGBY, December IQ, Sterling strengthened to-day on all centres. The New York rate closed at 3.30 7-8, compared' with 3.28 7*B last night. City comment attributes the continued favourable movement to the influence of yesterday’s payment, and the indication that no immediate increase in the fiduciary issue is intended or will be necessary. There was considerable buying on French demand.
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Hokitika Guardian, 20 December 1932, Page 5
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67COMMERCIAL Hokitika Guardian, 20 December 1932, Page 5
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