The Archive · 1938

LOCAL EXCHANGE REPORT Messrs, Drakeford, Davis & Wilson

INTER Hawk Casu Dew fa os a Highest 1/214 Lowest Allied. Ironfounders 22/9 Armstrong, Stevens Assoc. & Elec. Indus.

Austin Motors, ord.

Bristol Aeroplane, "ord.

British-American "Top.

Cable & W. new form 657% Cammell Laírd, ord. 8/42 3/1012 39/45; DA 97/6 Dunlop Rubber s1/- General Elec. (Eng) 68/- Guinness (A) Son & Ca, 122/3 Hawker Siddeley Aircraft 22/414 23/114 Imp. Chem, Indus, 30/6 " 31/112 Imp. Tobacco land Motors neer "A" ord.

51/1042 53/113 cents IS at E pence per std. oz.

and 108 bar. Market quiet London Silver was unchanged both ready and forward, being 191) for spot and 19% forward. New York was unchanged at 44% and Bombay was unchanged at 50.00.

Tt was reported speculators bought and sold. Market steady. After the official fixing the market remained quietly steady.

The Local exchange market opened with sellers to merchants 1/2% Sterling 2044 U.S$ and 102% Yen.

The Interbank market was steady with rather more business passing than has been the case of late. At the close there were sellers:—Se Sterling 1/24} 1153294 h Sterling 1/24: U.S.$29%

March Sterling 1/24, 0.59298 April Sterling 1/19} 175429)

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

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