London pence per std. oz. 19% 19jy N.Y. cents per oz, troy Closed Bombay Rs. per 100 tolas 5105 Bombay offtake 25 bars.
"Hongkong Bank only.
London silver was % up for ready and jy up forward, being 19% for ready and 194, forward. New York was*closed and Bombay was unchanged at 51.05.
it was reported there was a little Indian and American trade buying, while not much offering. Market quiet steady. After the official fixing the market remained quietly steady.
The local exchange market opened with sellers to merchants at 8d. sterling and 1534 U.S.$.
The Interbank market opened with a feeling of uncertainty and it was not until the official rate of 8d. for sterling was quoted and maintained that there was any business at all From this point there was a considerable amount of buying for cash and forward rates were easy. Later on the cash rate being maintained there was more steadiness forward, 400 Ewo Mills (Ord)
22 S'hai Power (Pref)
53 S'hai "Telephone 100 Ewo Mills (Ord)
4 S'hai Power (Pref) 2,000 Repah 1,000 Exploration 500 Exploration 1,00 Chemor 1,000 Int. Assurance 1,00 Dominion
Text read from the printed page and cleaned; old type leaves the occasional error.
