OCR Text |
Show DOLLAR AND POUND GAINING IN STRENGTH For the First Time in Months They Are Showing Up Well on Scandinavian Scan-dinavian Bourses. STOCKHOLM, May 23, via London. The American dollar and the English pound have at last shown some strength on Scandinavian bourses.. Tho fall of those two exchanges, which seemed to go down hand-in-hand, was definitely checked last week after .the dollar had touched 3.27, from the normal 3.73, and the pound had touched 15.30 from the normal 18.20. The dollar dol-lar hung for several days at this low level, then jumped to 3.28 and today was quoted at 3.30. The pound climbed taster and was quoted today at jo. Go. The German mark is unchanged from May lU, the frauc is showing asljght ga i n and the A u st ri an crown a "si igh t loss, which last also is true ,of the Russian- ruble. The full of the dollar and the pound had been steady from the first of the year, and this is the first sign of an upward tendency. |