RECOVERY OF STERLING
VARIOUS CAUSES. Pr~,v< Association —Bv "’degrenb—Copyrigr” NEW YORK, February 1. (Received Feb. 3. at 5.5 p.m.) RterVng. encouraged by increased British confidence in the Labour Government, has continued its remarkable recovery, reaching 4.35. which is nearly five cents above yesterday. Observers and brokers attribute, the increase to brightened prospects of international trade, arising from Britain’s recognit’on of Russia. I* inancial circles here regard recognition as the first sound step in the economic rest ora tion of the Continent. —A. and b.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 19086, 4 February 1924, Page 7
Word Count
85RECOVERY OF STERLING Otago Daily Times, Issue 19086, 4 February 1924, Page 7
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