The Archive · 1934

MERCHANT CLEFING RATES (del, Bareh)

SELLING pose ove Aytfe Lo 1/4 has ye. (33th 908 ar steven London pence por of, sits Ber 03. troy Danbay marek ised Markee. steady.

London silver at 19% and 19254 declined 2 ready and forward resspectively. America and China sol, buyers held off, at the decline China Bought, and the market closed steady.' After the official fixing the market was very quiet. New York] silver official quotation at 454 ets was. down f, while Bombay silver market was closed owing to a holiday.

At the opening of the local ex: change market news was received that the Dies silver bill had receiv-od the necessary two-thirds majority the house of Representatives, it was, therefore, not -surpri oH that this market did mot follow the! decline in both London and New York. The opening quotations were sterling, 341 US and 1143 Speculators were good buyers currency throughout th¢

paper kept the market steady, a at the close there were good sellers whole day, but eer at I/if, S418 and 115;

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

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