The Archive · 1935

LOCAL EXCHANGE REPORT Messrs, Drakeford, Davis & Wilson

Highest 1 Lowest 16 Yen Inter-Member Bank Ci ngs collections "Member" Banks, Ni Barks and Firms vss $8,611,00000 Total. $80,088,000.00 Sarumoay, Sere, 26, 1098 ence 206i anes Tou min te. Who Fo. sino, time Re foam Gre Tote Nivwcen per oe, toy London pence per aa, of. "ie Bombay cifiake 10 bars. "Market clove eer 100 tolas 61.00

London silver wae unchanged at 2ofed ready and forward. Tt was ported that America bought, specu: Intors sold and the market" closed steady. After the offelal fixing the market was very quiet with further Dyers at the Axed rates but with liers asking ly over. New. York Silver was unchanged at 05% cents fand Bombay 1 anna up at R67.

The local exchange market opened yesterday morning with sellers 1/alf serting, 36% USS and 189 yen for cash, improving sharily afer the opening to 1/6%, 36% and 133%. These rates remained for the bulk of the day until about 3 o'clock when

opening rates. Business was ule the market again declined a" the With "a tenancy for there. to be buyers forward and sellers for near. The premium for cash for October delivery was % in sterling ana % in USS. The market closed quiet and steady with sellers at 1/613, 36% and 138 for cash delivery.

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

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