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GOLD PURCHASES.

Nearly 75,000,000 Dollars in U.S. And Abroad. TRADERS WAIT ON CONGRESS. 4\f (Received 3 p.m.) NEW YORK, January 2. The price quoted for the purchase of gold is unchanged to-day as the Reconstruction Finance Corporation revealed that foreign purchases so far exceeded 50,000,000 and domestic purchases 24,800,000 dollars. Business on all markets was quiet to-day, traders apparently wishing to await the opening of Congress before making large commitments'. " Stock exchange prices showed early strength, but fell off slightly in late selling. Commodities generally were firm. The , dollar showed mild weakness, dropping a few points, which were later regained. Sterling and the franc were practically, unchanged in early trading.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19340103.2.104

Bibliographic details

Auckland Star, Volume LXV, Issue 2, 3 January 1934, Page 8

Word Count
110

GOLD PURCHASES. Auckland Star, Volume LXV, Issue 2, 3 January 1934, Page 8

GOLD PURCHASES. Auckland Star, Volume LXV, Issue 2, 3 January 1934, Page 8

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