The Archive · 1940

U8, 6/2 CROSS RATE CASH QUOTATIONS

New York closing rate for Sept. 26 4.03% p, Local Sellers of USS against close Local Buyers of U.S.$ against at the close The local market opened with sellers at 314. sterling and 51; U.S.$. Immediately after the opening there slight firmness in sterling, but Hongkong gellers at the higher level and the was not maintained. Foreign ed to be sellers of on the cross. and speculators were of forward U.S.$. At the close easy with sellers at:-

5% U.S.$X Cash/Sept.

(Oct.

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

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