OCR Text |
Show BRITISH EXCHANGE RATES GO UPWARD NEW YORK. Jan. 81. Another buoyant buoy-ant advance In British exchange rates to highest levels since August, 1919. was Monday's feature In the financial markets. mar-kets. Demand bill on London rose to $4 2S. a gain over last week of 84 cents, but re-acted re-acted from the maximum quotation before be-fore the close of the markets. All allied exchanges, especially French and Italian hlllR registered concurrent Kilns of 10 to 12 points whllo Dutch, Scandinavian. Spanish and Swiss rates rose 10 to 23 points Brokers associated the strength of the pound sterling with the marked Improvement Improve-ment shown by Great Britain's foreign trade balance, togvther with purchases of British bills to meet February payments. |