The Archive · 1938

Merchants Closing Rates

SPINING ravine June 4 nyb. 16.

4 m/s. lo. 18%

Fes. T.T. 4 m/s.

Rs T.T. 7 d/s. 50% nah SILVER peony rent London pence per std. oz. 18% 18y RIY" cents per oz. troy 49% Bombay Rs. per 100 tolas 4908 Bombay ojtake 25 bats London silver was down for ready and unchanged forward, being 18% for ready and 18 5 forward. New York was unchanged at and Bombay was unchanged was reported busines There was no special feature. Market steady. After the official fixing the market ruled quietly steady with small American trade buying at the fixed rate.

The local exchange market opened with sellers to merchants at 8l} sterling and 18—USS.

The Inter-bank market was steady opening with sellers at 89) sterling and 18.- U.S$. for cash. Buyers were scarce and rates improved te 8% sterling and 18% U.S.$. at which there were good buyers. The market reacted, but recovered. and close' quietly steady with sellers at:

813 sterling 18% USS.—Cash June 8)! sterling 1718 USS. July

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

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