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GOLD VALUES

. pm'iHYT a<: -nr. wrv DROP, IN FRANC.' ■ (United Press Association—By Electric Telegraph—Copyright). (Received this day at 12 noon). LONDON, June 9. Gold sales in the bullion market were the lowest since the unhoarding began. Sir J. has apparently reassured foreign operators. It is generally agreed that the immediate uncertainties of gold are dispelled. (Received this day at 12 noon). PARIS, June 9. Signs of a. renewed run on the franc were apparent and the forward discount has widened to nine per cent, -per annum, It is not easy to sell francs six months ahead, and Rentes declined from four per cent. They are quoted below sixty, contrasting with British four per cent, consols at 109. The opposition presia is forecasting the fall of the Blum Government.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19370610.2.39

Bibliographic details

Hokitika Guardian, 10 June 1937, Page 5

Word Count
128

GOLD VALUES Hokitika Guardian, 10 June 1937, Page 5

GOLD VALUES Hokitika Guardian, 10 June 1937, Page 5

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