GOLD PRICES
3.15 P.M. EDITION
EFFECT ON STOCKS. UNITED STATES TRADING. (United Press Association—By Electric Telegra pi I—Copl —Cop y r i gh t.) Received October 31, 12.55 p.m. NEW YORK, Oct. 30. With the domestic gold price set at 31.96 against the London price of 31.40 to 31.52, depending on the quotation of sterling, and with the announcement of an impending gold purchase abroad, the dollar dropped as much as ten cents in exchange transactions and was 4.82 against sterling, but the domestic markets were not favouVably affected. Stocks turned weak on late trading and losses replaced the early gains on a short-lived flurry of strength. Important issues dropped 2 to 6 points and Government bonds weakened in reflection of the uneasiness over the Government’s policy. Commodities also lost all or part of their early advances.
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https://paperspast.natlib.govt.nz/newspapers/MS19331031.2.118
Bibliographic details
Manawatu Standard, Volume LIII, Issue 286, 31 October 1933, Page 8
Word Count
137GOLD PRICES Manawatu Standard, Volume LIII, Issue 286, 31 October 1933, Page 8
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