AMERICAN DOLLARS

Evening Post, Volume CXXVI, Issue 102, 27 October 1938, Page 12

AMERICAN DOLLARS

STERLING IMPROVES

By Telegraph—Press Association—Copyright (Received October 27, 10 a.m.) LONDON, October 20. Sterling exchange, London on New York, 4.77:5. Dollars. . October 25 4.76£ October 24 4.76 3-8 October 22 **. 4.752 October 21 .... C. 4.75 3-8 Octobers20 .v../. 4.76§ October* 19 .-...* 4.77 3-8 October 18 4.75J October 17 4.74| October 15 4.73 11-16 October 14 4.741-8 October 13 4.73 h October 12 4.74g October 11 4.752 October 10 4.76J October 8 4.785-16 Octobers 4.79| October 6 4.811-8 October 5 4.79| October 4 4.78$ October 3 4.80 October.!. 4.82$ September 29 ........... 4.74 'September 28 ..; 4.63 September 27 4.73 September 24 4.79£ September 1 4.85 13-16 August 2 4.90S July 1 4.955-8 June 1 4.947-8 May 2 .......<• 4.9811-16 April 1 4.95.5-8 March 1 5.02 London on New York during 1937 averaged 4.95 dollars to £1 sterling; on August 2, 1938, 4.90^; on September 1, 4.85 3-16; but declined to as low as 4.63 to the £ on September 28.

By Telegraph—Press Aasociaiion —Copyright. • ■K (Received October 27, 10 a.m.) 'LONDON, October 26. The price of fine gold per ounce, 145s f 9d... .'••■.. s. d. October 24 145 11 Octpber 22 146 1J October 21 146 2* October 20 145 9J October 19 ..... 145 8§ October 18 146 2 October 17 146 6 October 15 146 8£ .October 14 , 146 10 ■ October 13 146 ' 9£ October 12 146 5•October 11 146 1J October 10 145 10 . : October 8 145 4£ October 7 145 0 October 6 144 5 October 5 144 10 October 4 145 3£ October 3 144 8£ October 1 144 1J September 28 . , 147 0 September 26 .... 145 . 7 September 1 143 0i August 5 142 0 August 2 141 8 July 1 140 9 June 1 140 7£ May 2 139 6h April 1 HO 0£ March 1 ... 139 9J." February 7 .. 139 7 The highest average price of gold in 1937 on March 6, was 142s 7£d; the record price was 149s 4d, reported in May, 1935. The nearest to that price was reached on September 28, 1938, at 147s.