DOLLAR AND STERLING

Evening Post, Volume CXXVI, Issue 151, 23 December 1938, Page 12

DOLLAR AND STERLING

ißy relenrapti—Press Association —Copyright.! (Received December 23. 11 a.m.) LONDON, December 22. Sterling exchange, London on New York, 4.66£. Dollars. December 21 4.661-8 December 20 4.67 1-8 December 19 4671 „ December 17 | 4.67 3-8 December 16 4.67J December 15 4.67 5-8 December 14 4.66 5-8 December 13 4.66J December 12 4.67 1-8 December 10 4.67| December 9 4.66 5-8 December 8 4.66 7-8 December 7 4.68^ December 6 4.69^ December 5 4.69 1-8 December 3 4.681-8 Decembei 2 4.67£ December 1 4.68 . November 28 4.64§ November 1 4.75 5-16 October 1 4.82£ September 28 4.63 September 1 4.85 13-16 August 2 4.902 July 1 4.955-8 June 1 4-9i 7;8 May 2 4.9811-16 April 1 4.945-8 March 1 5.02 London on New York, during 1937. averaged 4.95 dollars to £1 sterling; on August 2, 1938, 4.903; on September 1 4.85 13-16; but declined to as low as 4.63 to the £ on September 28; and during October varied between 4.78£ and 4.75 3-8 During November, 1938, the variation was between 4.76J dollars (November 8) and 4.63 i (November 26). PRICE OF GOLD % (By Telegraph—Press Association —Copyright.) (Received December 23, 11 a.m.) LONDON, December 22. The price of gold per fine ounce is 1495. s. d. December 21 149 3 December 20 148 10 December 19 148 8 December 17 148 11 December 16 148 8J Decembe: 15 158 8 December 14 149 0 December 13 149 1J December 12 148 10J December 10 148 11 December 9 149 0 December 8 148 11 December 7 148 5 ! December 6 148 1 December 5 148 d| December 3 148 1J December 2 ...| 148 11 December 1 148 6£ November 26 150 0 . November 1 146 Ai October 1 144 1£ September 28 147 0 September 1 143 0| August 5 142 0 August 2 141- 8 July 1 •• 140 9 June 1 }40 7J S 2r::::::::::::::::: 88 3 M?rchl .:.! 139 9ft February 7 . -Wy ' The highest average price of gold in 1937, on March 6, was 142s 7£d. The record price was 149s 4d, reported on March 11, 1935. The unofficial price then reached 149s lid. The range for November, 1938, was: Highest, 150s (November 26); lowest, 145s Hid (November 8). FRENCH FRANC {By Telegraph—Press Association —Copyright.) (Received December 23, 11 a.m.) LONDON, December 22. Sterling exchange on Paris, 177 1-16 francs to £1. December 21 177 3-16 ftg"? ?..::::::::::::::: iSJ« May 4 168J March 2526 '][""'."'.'."'.'.'. 163 15-16 March 8 : 15515-16 Par with sterling. 123.31 francs to £1. PRICES OF METALS (By Telegraph—Press Association —Copyright.* (Received December 23, 11.30 a.m.) LONDON, December 22. The official quotations on the London metals market compare with those previously cabled as follows: — Dec. 21. Dec. 22. Per ton. Per ton. £ s. d. £ s. d. Copper— Standard, spot 44 0 7£ 43 18 lft Ditto, forward 44 4 4£ 44 3 1$ Electrolytic .. 49 10 0 49 10 0 to 50 0 0 50 0 0 Wire bars ... 50 0 0 50 0 0 Lead— Spot 15 3 9 15 1 10£ Forward 15 6 10J 15 5 7£ Spelter— Spot 13 18 1 h 14 110 h Forward .... 14 0 0 14 1 10£ TinSpot 214 2 6 214 12 6 Forward 215 3 9 215 12 6 Silver— Standard, per oz 20 l-16d 20 l-16d Fine 215-8 d 215-8 d ALEXANDER MINES. Alexander Mines, Ltd., reports for the week ending December 15: —No. 6 drive: Advanced 30ft, making total 277 ft from main crosscut. Country being penetrated is greatly disturbed and dry. Stoping carried on above No. 5 intermediate drives, north and south of rise. In north stope reef is 7ft wide, in south stope reef 3ft wide. Intermediate level: Reef maintained a width of 18in for 31ft, the bottom of reef being 15in above the intermediate level timbers. Reef now faulted and another lens of quartz discovered which has been displaced 6ft into eastern wall. Width of reef here unknown until further work done. Sent to battery, 70 tons of ore.