The Archive · 1920

Tls. 660,000 to Nanking

100,000 Canton 40,000 Tairen 30,000) Chefoo The cables have been working badly for the last day or two with the result that the London silver wires have not reached Shanghai till much later in the day than usual. The latest direct London price quoted is 603d. spot and 60}d. Jorward, an advance of 2d. and lid. during the week, the present strength in the market being attributed to buying on China account, mostly for forward delivery. The New York price yesterday was 100} cents, business done. and the London /New York cross rate 358}.

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

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