The Archive · 1939

Sterling, Franc Steady On N. Y. Exchange

New York, Dec, 6.

Sterling and the French franc continued to rule steady on the New York Foreign Exchange market today, The former opened at 3.89% and closed at 3.92, compared with yesterday's closing level of 3.90%. The trading range was between 3.92% and 3.89%.

The franc was quoted at the final call at 2.21% against the previous closing rate of 2.21% yesterday.

However, renewed pressure was applied against the belga, which finished at 16.52, compared with 16.52% the previous day, Trading on the whole was quiet, with dealers apparently marking time, pending new developments in the European War-—Reuter,

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

Your account