LITTLE VARIATION
U.S. STOCK MARKETS PRICE LEVELS LOWER (Klee. Tel. Copyright—United l’ross Assn.) (Received Dec. 7, 3 p.m.) NEW YORK, Dec. 6. _ The gold price is again unchanged. Tho London price of bar gold, on the basis of tho opening sterling quotation, 617 J- cents, was 32.84 dollars. Tho dollar wavered, and the exchange markets were moved apparently by diverse influences, hut are keeping within a comparatively narrow range, sterling weakened, as the day progressed. Tins stock market maintained an undertone of strength, and finished steady, with prices irregular. Commodities declined generally on profit-taking. Early advances on wheat were largely erased by later dealings. That the Government’s credit expansion plans are continuing on various lines is indicated by the Comptroller of Currency’s announcement that 61 per cent, of all the national banks which remained unlicensed after the hank holiday have now been “licensed, chartered. absorbed, or placed in receivership.”
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18265, 7 December 1933, Page 11
Word Count
149LITTLE VARIATION Poverty Bay Herald, Volume LX, Issue 18265, 7 December 1933, Page 11
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