AMERICAN FINANCE.
EXCHANGE EQUALISATION. CRUISER ARMAMENTS. LONDON, Dec. 1. The fact that the United States Government has established an exchange equalisation fund on the lines of the British fund w’as revealed by the American Ambassador to Britain, Mr W. Bingham, w'hen speaking at a Thanksgiving Day dinner to-day. Mr Bingham also revealed that only six-inch guns were being mounted in the new American cruisers, although they could carry eight-inch guns. RISE IN GOLD. Received December 2, 8.45 a.m. WASHINGTON, Dec. 1. The Government gold price has been increased by eight cents to 34.01 dollars. THE LATEST QUOTATIONS. Received December 2, 9.45 a.m. LONDON, Dec. 1. The price of gold is now £6 5s 2d per fine ounce. The dollar rate of exchange (New, York-London) is now 5.221.
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Manawatu Standard, Volume LIII, Issue 313, 2 December 1933, Page 7
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127AMERICAN FINANCE. Manawatu Standard, Volume LIII, Issue 313, 2 December 1933, Page 7
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