London pence per std, oz, N.Y. cents per oz. troy Bombay Rs. per 100 tolas 51.06 Bombay offtake 25 bars.
London silver was y down both ready and forward, being 20,4 for ready and 19%, forward. New York was closed and Bombay was unchanged at 51.08.
It was reported speculators sold, American trade bought at the decline. Market rules steady. After the official fixing the market was firm in response to the strength of the dollar. India and American trade bought at 7d. over the fixed rate, The local exchange market opened with sellers to merchants at 8% sterling and 1534 USS.
The Interbank market was very quiet and business was on a very small scale, At the opening there were sellers for cash and November at 8% sterling and 15}} USS. and the market remained on this basis all day. At times there were buyers of USS. at 15} and there inclined to be buyers again at tHe close ahd Dollars were easier than sterling.
At the close there were sellers at:—8% sterling 1514 USS. Non Bat " 15% n Dec. 8% " Hn Jan.
Text read from the printed page and cleaned; old type leaves the occasional error.