PRICE OF GOLD
RALLY OF THE DOLLAR WALL STREET QUIETER, (United Press Association— By Electric Telegraph—Copyright) WASHINGTON, 19th December Gold is unchanged. Bar .goid on the London basis opening with steilmgat 5 dollars 15i>- cents was 32 dollais 67 cents. , u , Reports that President Roosevelt s advisers are considering a proposal to ask Congress for new monetary powers in promoting a commodity dollar weie termed “purely speculative by the Treasury spokesman. Tho dollar rallied on the foreign exchange markets to-day while sterling and tlie franc sold off towards the close. Speculative markets moved narrowly <uid quietly as the holiday spirit settled over Wall Street. Em ,Y stocks were firmer. Commodities were irregular and quiet. Government bonds were firm iipon the improvement in the dollar. ‘ ’ The dollar closed at 63.49 cents, sterling at 5 dollars 14 cents, of halt a cent, and the franc at 6.16 J- cents, oh two cents.
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Bibliographic details
Nelson Evening Mail, Volume LXVI, 21 December 1933, Page 7
Word Count
150PRICE OF GOLD Nelson Evening Mail, Volume LXVI, 21 December 1933, Page 7
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