New York closing rate for May 15 4.03% Local Sellers of U.S.$ against at the close 30% Local Buyers of 0.5.5 against at the close 2905
"The local market was quiet and steady all day on the basis of 34d. sterling and 51) U, S.$. Throughout the day there was a tendency for spqoulators to sell June USS, at 536,.but Banks remained buyers at ihis rate for May delivery, At the close the market was steady but dull with sellers at:
3 sterling 5}
USS, Cash/June
Text read from the printed page and cleaned; old type leaves the occasional error.