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DOLLAR WEAKENS.

United Press Association—By Electric Telegraph—Copyright. (Received December 16, 11.45 a.m.) LONDON, December 15. Sterling exchange on New York, 5.14% dollars.

This is compared with previous day's quotation of 5.06' A dollars.

"The... ever-present possibility of overproduction of leaf is not generally realised. If the quantity required for home consumption is greatly exceeded, it will be useless to look to export markets for relief,' for the prices of our tobacco leaf are more disproportionate to world parity than any commodity produced in Australia."—Mr. White, Australian Federal Minister of Trade,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19331216.2.146.17

Bibliographic details

Evening Post, Volume CXVI, Issue 145, 16 December 1933, Page 12

Word Count
90

DOLLAR WEAKENS. Evening Post, Volume CXVI, Issue 145, 16 December 1933, Page 12

DOLLAR WEAKENS. Evening Post, Volume CXVI, Issue 145, 16 December 1933, Page 12