America
THE FINANCIAL MARKET.
UNPRECEDENTED RATE OF EXCHANCE.
LOWEST ON RECORD.
United Press AsflOOiATtox. (Received 10.55 a.m.) New York, August 31
The sterling exchange is the lowest on record, a pound reaching four dollars 1?8-i cents., or beneath the point where financiers expect Britain to be driven out of the American market
and have to purchase war supplies elsewhere] Chaos prevailed on the exchange market , { , } ,. fl { 8 The' French a'lk? Russian exchanges are also falling, and British buyerfe are now obliged to' pay fourteen pence! premium on ey(;ry ,so,vcfeign f 's ..worth of 'in W Tnited States. France, and similar ratio. ( Nj| |\|nj>ricaii' <j<|n|rqpt jjPfl;^sJjp'Supplies has yet beencance Led. because of 41:.)ivivjii.i nrra
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https://paperspast.natlib.govt.nz/newspapers/STEP19150901.2.13.8
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Stratford Evening Post, Volume XXVIII, Issue 3, 1 September 1915, Page 5
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113America Stratford Evening Post, Volume XXVIII, Issue 3, 1 September 1915, Page 5
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