The Archive · 1941

US. $/£ CROSS RATE CASH QUOTATIONS

New York closing rate for May 3 4.0314 Local Sellers of USS against 2 at the close Local Buyers of U.S$ against at the close The local market opened with sellers at 343d, sterling and 5y, but became steadier almost immediately, Agd. sterling and 54, U.S.$ becoming sellers, During the remainder of the day 5% U.S$ was alternately a "buyer and a seller, whilst sterling remained steady dt 34d, Before the close the market became firmer in undertone and closed steady with Domini sellers at:—

3% sterling - 54, USS Cash/June Singapore. Weekly Rubber Report Singapore, Apr, 10, The local market has been quiet but stetidy. London has been quiet. with sellers reserved, It is reported that the Ministry of Supply is prepared to release rubber from the Government's reserve stock both to dealers and manufacturers. New York has experienced a more active consumer interest, with sellers reserved.

follows:—tine quotations to hand are as Hendon fed, up Wd., 4 cents, up 14 cent.

New York 22% 'S.A. cents up USA.. cent.

Imports of rubber into Malaya during last month amounted to 18,157 tons, as against 20,324 tons in Feb-rüaty ahd 17,565 tons in March last year, was. a demand for all grades.

At the auctions held yesterday there

Of 1,134 tons catalogued, 1,044 tons ware' offered and 909 tons sold, The following is the course of In Singapore per Ib. Ri ed Smoked Sheet:—lity 3874—3836

ELE

om 3556—3614

Fine quality Pale gir à tly, No Sales Stank slight Off-cólour Latex Light Brown and Brown

Milling Grades:—Clean) Qubwashings and skimmings Brown ahd Dark Cre Bees Crete. 0 lubber)

Lump 1500 95.50 Ewo Mills (Ord)

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

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