Bank rate of discount 4% Market rate of discount, 3 ins. sight 3496, 4 me. sight 39%, and 6 ins 60dje. 20. 54d. Exchange, Paris on London, He 26.22 New York on London, r. $4.87
Ovsrow Hover Rares or Exonanur von Novewpen.
£1 @2/5§ £1—Hk.Ts,7.33 France@308_ Uk, Tls.1—France 3.43 Marks @250}, 1—Marks 2.79 Gold $@ 69} Gold $1—Hk. Tle.1.51 You @ 83} Hk.Ts1—Yeo 1.33 Rapese@ 15 4, L—Rapees 2.06 Mex$@1.50 1—Mex, $1.50
The local rates opened unchanged yesterday, basines as casual not being of sufficient magnitude to affect the rates. Silver, both spot and forward, mained without change. At present the strength of the spot silver market in due to China covering. It is probable that when baying for Chins stops there may be a drop to somewhere near the forward price. Bat, other factors may come into play, besides the probability of baying for' Indian coinage. The cessation of troubles in China woald have its natural corollary, an improvement in silver price.
The opening "notations at the Bank were Ox Loxpos—Bank Rate—
Text read from the printed page and cleaned; old type leaves the occasional error.