The Archive · 1927

British Pound Above Par

All Records Excelled by New Movement in New York Now York, Oct, 8

The firmness of sterling here has excelled all previous records by rising above [par at 487-1/16, due to heavy buying, which is believed, to reflect the movement of American capital to London on account of more attractive terms there on. short-term credit, and also the pros-Poet for more active trading in British stocks as a consequence of the new New York Stock Exchange regulations providing for the fof certain foreign see

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account