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RAPID ADVANCE

FOREIGN CURRENCIES

NEW YORK EXCHANGE

(Received August 10, 2 p.m.)

NEW YORK, August 9.

In the most hectic afternoon sessio since the United States abandoned th. gold standard, Reading currencies advanced rapidly on Thursday, following President Roosevelt's silver nationalisation announcement, sterling advancing 4 3-8 cents for a new 1934 high at 5 dollars 9} cents.: French gold francs went up 4} cents at C.67 cents, and the Canadian dollar 11-16 cent at 1 dollar 2 11-16 cents. ■'■'■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340810.2.99.2

Bibliographic details

Evening Post, Volume CXVIII, Issue 35, 10 August 1934, Page 10

Word Count
79

RAPID ADVANCE Evening Post, Volume CXVIII, Issue 35, 10 August 1934, Page 10

RAPID ADVANCE Evening Post, Volume CXVIII, Issue 35, 10 August 1934, Page 10