Show POUND CLIPPED IN HEAVY SALES NEW YORK YORK Aug 9 1 CD The British pound was knocked knocked within striking distance of af is its former farmer gold value in terms of the dollar dolar around around 1486 86 as renewed heavy selling of major major foreign currencies developed Tuesday French francs were ere also thrown onto the market in large volume and it I was said sid the French control control con con- trot found active intervention necessary to prevent too sharp a decline in the unit unit In the local m market it i dropped 0 of a cent while the pound lost last S 3 of af a a cent cent New uneasiness over aver the Czechoslovak Czecho Czecho slovak and and far eastern crises w were re resti still sti accounted prime factors factors' in hi banking ranking quarters for far the latest flight of or the dollar dolar Many money money experts expert lent an ear to too 0 to reports of af possible revision revion in the tripartite money agreement of af 1936 was in the air A sharp boost boast in the price of gold goldin goldin in the London London market more mare than tan offset the fall fal in sterling and ed the sterling gold ratio now now permits peris profitable shipment of gold gold from from London Turnover Turnover in the yellow metal approached last lat weeks' weeks record record rec rec- ord proportions Swiss francs and Belgium bel gas currencies directly linked to gold gold each each ah showed shoed sho ed gains Jains of af 00 OO of a cent cent while the Holland Holand guilder guider guid- guid guild er slumped to 08 of af a a cent to t a further futher low for th the year var I IThe The discount discount on day 90 forward I francs despite despie support of the French control widened to 07 8 7 of a cent from 06 13 of a cent yesterday Noon rates follow Great Britain In dollars others oter in cents Great Britain 16 11 16 1 day 60 bills bis 16 16 15 Canada Montreal Montreal in New NewYork NewYork NewYork York New York in Montreal Montreal Mon Mon Mon- treal B Bel Belgium e I g i tim um 1693 Czechoslovakia Czechoslovakia Denmark 2178 Finland France 27 Germany Benevolent 2015 travel 2265 Greece 90 Hungary 1985 Italy Ialy 26 Netherlands Norway 2451 Poland Poland Portugal 44 Rumania Rumania Ru Ru- mania 7 75 Spain unquoted unquoted Sweden Sweden Sweden Swe Swe- den 2 2515 1 Switzerland 2288 Argentina Argentina Ar Ar- gentina Brazil Brai free Mexico City Japan 2845 Shanghai 1645 Rates in spot cables unless otherwise otherwise other other- wise indicated n Nominal n n |