SOVEREIGNS SOLD.
BRING 30/8& IN LONDON. LONDON, August 27. Sovereigns were sold at 30/8J in London on Friday. This is the highest price since Britain went off the gold standard. The city editor of the "Sunday Express" says the cause of the rise in the price of gold is the immense gold hoardine movement in France, where the people have lost confidence in all forms of paper obligations. One of the great French industrialists is understood to hold about £8,000,000 in a London bank.
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Bibliographic details
Auckland Star, Volume LXIV, Issue 202, 28 August 1933, Page 7
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84SOVEREIGNS SOLD. Auckland Star, Volume LXIV, Issue 202, 28 August 1933, Page 7
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