The Archive · 1936

DOMESTIC BONDS

Yesterday's Quotations London pence por std. 02. N.Y, cents per oz, troy Bombay. market closed Market quiet Ready For'd 1094

Consaidated ~B.* August 20

August London silver was %4 down ready and forward at 10}j¢. for spot and 14d, forward. Tt was reported that india and China were small sellers, support was lacking and the market quiet. After the oficial fixing there were small buyers at the fixed rate and sellers at y over. The market closed quietly steady. "New York silver was unchanged at 443% cents and Bombay silver market was closed, The local exchange market opened yesterday morning quietly steady. With sellers for August delivery at 1/243 sterling, 30% U.S$ and 102% yen, There was very little doing uring the morning but during the afternoon Banks were inclined to be buyers for forward delivery, sellers being rather reserved.

Indicative of the effect of the acute depression on the Chinese match Industry, only $90,000 out of $300,000 worth of matches manufactured by native factories as been consumed fu this country, the "Morning News" reports. Keen competition, according to the dally, has come from Swedish and Japanese match factor~ some of which maintain plants jin'China, Much of the wood used in making match sticks is imported from Russian Siberia and Hokkaido,

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

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