The Archive · 1934

17000,000 to New York

10000 melted and coined Yeu ins alt Meher ili Eawet vay

ecu corns ase Ready For'd. Lepdon pence per st ox. By Bik N.Y. cents per oz, troy.

Sonivay'it, "per lio tolas 6110 Bombay offtake 19 bars. "Market steady, London silver was 1 up ready and forward at 224 spot and 28% for~ It was reported that the advance was chiefly due to small offerings, speculators bought and sold and the market was steady. Afler the official fixing the market was firm and America bought at yy advance. New York silver was % up at 50 cents and Bombay silver wes 2 Annas up at 61.10.

The local exchange market opened with sellers at 1/5% sterling, 36% USS. Dollars and 126% Yen. At the outset speculators were good sellers and the: market improved to yy in sterling and U.S, Dollars. During the first few minutes of the morning a rapid decline ensued on rumours of a tax on export of silver. This brought the market down to 1/5% sterling, 36% U.S, Dollars and 126%

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

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