New York closing rate for Oct. 13 40934 Local Scllers of USS against at the close Local Buyers of U.S$ against at the close Foreign Exchanges Closing, Oct. 13.
Bombay Rupee T. T. on:
N. Y. 33235-33244 London Shanghai 19N. mths Hongkong—95 " sellers 7. buyers was reached, Lo. when the rate had advanced by 100 dollars. Cash bars too opened strong, but eased off later in the day in sympathy with the bank note rate. E
move in sympathy wi e bank The local share market tried to note and commodity trends, and thus an easier undertone developed in the latter part of the day, intensified to a certain extent by short selling.
Various issues were marked down, therefore, among them being Anglo-Javas, Tebongs, Ewo Cotton Mills, Ewo ' Brewery, Dockyards, and Worsted. Shipping shares, on the other hand, ruled steady-to-firm followed by Explorations.
Speaking generally, it appears that the panicky feeling with regard to the ultimate fate of the Chinese national dollar has somewhat subsided, and since there is obviously a saturation point even in such a hectic and artificial market as the United States dollar exchange, other quotations are bound to take cognizance of such a state of affairs, min tssbesl FABRE CE EH ERE a pi
Text read from the printed page and cleaned; old type leaves the occasional error.