The Archive · 1937

BAR SILVER

London pence per std. oz Gents per oz. troy y Rs, per 100 tolas Bombay offtake 30 bars.

Ready Ford 19% 19} unquoted 50.06.

Market quiet silver was jy down both and forward, being 19% for spot and 19]j forward. New York was unquoted and Bombay was tw annas down at 50.00. it was reported speculators sold. Business was small, Market quiet The Local Exchange Market opened with Sellers for Merchants for ready delivery at 1/27% Stg. 297; U.S.$ and 102% for Yen. Business remained very quiet throughout the day and the market finally closed without any change in rates. The forward market also remained dull with small business done for December at!& Stg but certain Banks continued to be good buyers at this rate the whole day.

Text read from the printed page and cleaned; old type leaves the occasional error.

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