London Silver was unchanged both ready and forward, being 20d. for Spot and 19% forward. New York was unchanged at 44% and Bombay was up one anna at 51.05. It is reported India bought. Business small. Market quiet, After the official fixing, the market was very quiet and unchanged.
The Local Exchange Market opened with sellers to merchants at 1/24] for Sterling, 29}} U.S.$ and 102% Yen for Cash. Shortly. after the opening, the market turned a shade easier with Banks coming out as good buyers at the foregoing rates. Before the close, however, a steadier feeling was in evidence and the market finally closed with Banks being good sellers at the opening rates. A certain amount of business was transacted during the course of the morning but the market generally was not particularly active, pone
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