DOLLAR DECLINES
GOLD PRICE IS UNCHANGED
(United Press Association—By Electric
Telegraph—Copyright)
WASHINGTON, December 14
The dollar experienced a sharp decline to-day on foreign exchange markets. The franc rose to 6.13 cents and the dollar dropped to 63.80 in gold, as* against the franc. Sterling rose to 511. Stocks rose a little in response to the falling dollar, but commodities. were heavy The decline in gold value of the dollar was held by Wall Street to be due to Senator Thomas inflationary talk. The price of gold is unchanged. Mr Morgenthau again ednied reports of negotiations for currehcy stabilisation agreements with Britain, France and the United States.
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Hokitika Guardian, 16 December 1933, Page 5
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106DOLLAR DECLINES Hokitika Guardian, 16 December 1933, Page 5
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