Lord Stamp (left) Chairman of the L.M.S. Railway, and Mr. Leslie Burgin. (right), the Minister of Transport, photographed at the Ministry when the four chiefs and general managers of the Railway companies had a conference regarding the present plight of the railways.
British authorities would hold the Press. sterling-dollar rate at its present level in face of a genuine commercial demand for the latter.
Many quarters rare of the opinion that the real attitude of the Con-tine ent towards sterling, in the light of the latest developments. w lik ely to be revealed towards the end of January, when many long positions in the dollar dating back to last September would mature.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.