VALUE OF POUND
CANADIAN ACTION
(United Press Association —-By Electric Telegraph—Copyright)
(Received March 7 at 12.37 p.m.) MONTREAL., March 6. There are no actual pound transactions in Canada. The ,spectacular rise of the pound is attributed here to' its heightened, reputation, in face •of the uncertainty in. United States. In, addition it is believed that speculators feverishly.‘ate buying the pound in anticipation of heavy transfers of American money to England, when :tho banking holiday ends. OTTAWA-, March 6.
The post office department announced on Monday that all money order busiiicss to and from Canada with any .part of- Ilie world had been suspended. NEW YORK, March G. The Stock Exchange ha.s decided to remain closed until further notice.'
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Hokitika Guardian, 7 March 1933, Page 6
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118VALUE OF POUND Hokitika Guardian, 7 March 1933, Page 6
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