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PRICE OF GOLD

LONDON, Oct. 27. The price of gold is 140 s per fine ounce. Per oz. October 26 140 3 October 25 139 o October 11 (record) 143 3 October 1 141 (j September 1 141 5 August 1 138 1 July 2 137 74 June 1 137 Jj May 1 135 114 April 3 135 2 March 1 137 1 February 5 140 0 February 1 135 6 January 2 127 (j DOLLAR AND STERLING LONDON, Oct. 27. ►Sterling exchange, London on New York, -1.96 f dollars. Dollars to £1 October 26 4.97| October 25 4.991 October 1 4.93 jj September 3 5.02$ September 1 4.99 August 31 5.00 August 1 5.03 7-16 July 25.05 i .June .1. 5.07 g May J 5.13 April 3 .. 5.14 i March 1 5.06 A February 2 4.95 January 25.17 A The original par value of the United States dollar with sterling is 4.56 2-3 dollars, but since February 1, 1934, when the dollar was devalued, par value is 8.23 31-32. DOLLAR CONVERSION RATE The Associated Banks have agreed that the conversion rates from October 29 shall be:— U.S.A. Canada Conversion of dollar bills received for collection and sale of dollar drafts 4.87 4.76 Purchase of dollar bills 5.07 4.96 THE FRENCH FRANC LONDON, Oct. 27. Sterling exchange on Paris, 75J francs to £l. Par value is 124.41 francs to £1 sterling. JAVA EXCHANGE BATAVIA, Oct. 27. Sterling exchange 7.34 guilders to £l. The rate on October 25 was 7.34.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19341030.2.88.2

Bibliographic details

Wanganui Chronicle, Volume 77, Issue 257, 30 October 1934, Page 9

Word Count
249

PRICE OF GOLD Wanganui Chronicle, Volume 77, Issue 257, 30 October 1934, Page 9

PRICE OF GOLD Wanganui Chronicle, Volume 77, Issue 257, 30 October 1934, Page 9

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