The Archive · 1939

Surplus Reduction

7 New York, Jan. 18

Phe conference of Senators from cotton growing States, which was with a view to disusing plans to reduce the cotton irplus, failed to agree on a definite p according to a Dow-

Berlin, Jan, 17.

The Reichsmark was quoted today at: New York, U.S:$ 40.15=Rm. 100; Paris, Frs., 1,52305—=Rm, 100; Amsterdam, G.$73.80 to 73.85: 100; London, £1=Rm. 11.64075.

Paris quoted sterling at Frs. 177.18 to 177.25 for £1 and Gold Dollars at Frs. 37.8905 to 37.91 for US.$ 1—Trans-Ocean, Ellison D. Smith, of South

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

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