The Archive · 1941

MAR SILVER

London pence per std. oz. N.Y. cents per oz. troy Bombay Rs. per 100 tolas Bombay offtake 55 bars. v.s. $/£ CROSS RATH CASH QUOTATIONS New York closing rate for July 2 4.03% pa, Local Sellers of USS against at the dosa 3.90% Local Buyers of U.S$ against at the close 39155

The local market opened nominally at 342d, sterling and 51) U, S$ but political news brought out buyers immediately. after the opening and quotations showed a gradual but steady decline throughout the day in consequence of considerable short covering, At the close the undertone was still uncertain with best sellers att—

35 sterling 5% USS Cash/Aug.

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

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