London pence per std. oz, -N.Y. Cents per oz, troy Bombay Rs. per 100 tolas Bombay offtake 75 bars.
and steady.
Market quiet London Silver was j, up for ready end unchanged forward, being 20j; for spot and 19% forward New York was unchanged at 44% and Bombay was one anna down at 50.07. It was reported Speculators bought and sold. Business was small. Market steady. After the official fixing quiet conditions prevailed, with closing sellers at the fixed rate and buyers at sth under.
The local exchange market opened with sellers to, merchants 1/24. Sterling 29% U.S$ and 101% Yen. The interbank market was quietly steady with sellers on the whole predominating, though there was no pressure to sell. The market opened rather uncertain but forward rates firmed up during the day and cash rates remained steady, At the close there were sellers:
Allied Ironfounders z Armstrong, Stevens Assoc. & Elec. Indus, 43/- Austin Motors, ord.
31/3 Bristol Aeroplane, ord. 50/- British-American Tob. 106/1014 Cable & W., new form 63% Cammell Laird, ord. [703 Distillers Courtaulds 4i/6
Dunlop Rubber 32/9 General Elec. (Eng)—10/- Guinness (A) Son & Ca. 123/3 Hawker Siddeley Aircraft 24/9 Imp, Chem. Indus. 23/~ Imp. Tobacco 188/05 Leyland Motore 93/6 Marks à Spencer "A" ord. Pressed com.
Rolls-Royce.
Smethwick Drop Forgings Tate & Lyle
Text read from the printed page and cleaned; old type leaves the occasional error.