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Economy #500093

NBC Evening News for Tuesday, Aug 01, 1978
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(Studio) Record gold sales in London reported.

(London, England) European investors' purchases of gold or any other currency, even British pound, over United States dollar noted. [London Stk. Exchange spokesperson Stuart VALENTINE - thinks this reflects uncertainty about Carter administration's ability to cut oil imports and trade deficit.] American tourists' check with American Express office to get information on worth of travelers checks mentioned.
REPORTER: John Cochran

(Studio) Contd. dollar devaluation against Japanese yen reported Treasury Department halt to sale of United States Savings Bonds noted; reasons given. Sales will resume when Congress raises debt ceiling.

Cochran, John;
Hart, John

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