New York closing rate for July 17 4.0332 al Sellers of USS against wat the close 39415 Local Buyers of U.S$ against 2 at the close "The local market opened uncertain with sellers at 344, sterling and 51)
K 105 13715 Anglo Dutch 300 1690 Anglo Java 700 307 500 55 1400
1000
USS, Although the U.S$. rate re- 8 1000 mained on the opening basis for some 1000 time, buyers of sterling soon forced Dominion quotations in that currency down to Thereafter there was a gradual decline in rates in both sterling and USS, and by noon, best sellers were Ru Stod. sterling and 5} U.S.$, In the afternoon there was a short period "when sellers again predominated and the market moved back to 5% in USS. but by the close, quotations were back again to thi e noon level. Te 88 89 888883885 with the undertone rather uncertain; best sellers being:—
Td. Sterling. 5H U.S.$, Cash Aug.
Cathay Land 6% Debs.
Text read from the printed page and cleaned; old type leaves the occasional error.