U.S. GOLD POLICY
DOLLAR FLUCTUATIONS STOCK MARKET EASIER (Received Nov. 22, 3 p.m.) WASHINGTON, Nov. 21. Tho Government gold price was fixed at 33.76 to-day, equivalent to 61.22 cents for the dollar. After falling during the morning session of the exchange market cents against the franc, tho dollar rallied to 61.03 cents towards closing time. Sterling rose to 538 cents and then dropped to 535 cents. The stock market was irregular. Foreign bonds seemed to be well supported, but United States stock were off three to four cents. The Federal Reserve Rank lias ceased its Government bond purchases, which were considered to bo one of Mr, Roosevelt’s earlier “credit easing” measures.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18252, 22 November 1933, Page 11
Word Count
111U.S. GOLD POLICY Poverty Bay Herald, Volume LX, Issue 18252, 22 November 1933, Page 11
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