The Archive · 1938

SILVER QUOTATIONS

London, Feb. 10.

Silver prices were unchanged today, the quotations being.—

Feb. 9 Feb. 10

London spot forward 19jd. London/New York:

One pound U.S$501j $5014 One U.S. dollar 47.802d. 47.886d. Gold 139/8d. 139/8d. market was explained by the almost total cessation of sales on foreign and emigrant account and the small though real demand for investments arising from the increasing liquidity of the money market. Apart from this no special stimulus occurred that might have quickened the market. Minings were irregular, Harpener Minings being very weak, declining 234 to 166%. Lignites improved, potashes were neglected, chemicals better, Dye Trusts weaker at 159%.

Fixed interest securities changed hands in but small amounts, Reichs Old Liquidation Loan weakening to 130%. City loans were quiet, communal bonds in brisker demand.

In industrial bonds German Dye Trusts rose % to 130%, while Harpeners declined % to 125.

Callmoney stood at 2% to 2% per cent,—Trans-Ocean,

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

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