The Archive · 1941

NEW YoRK/LONDOH CASK RATE

New York closing rate for Mar. 409% Local Sellers of USS against at he clove Local Buyers of USS nat at the clove aot The local exchange market opened with nominal sellers at 3% for: sterling and 5% USS for cash, Immediately after the opening, an Smelt 40} 3 Sug sig! easier feeling was in evidence and there were keen buyers at. these rates, but Inter the market became steadier with sellers at this level. For a short while before the morn-Ing's close, slightly better rates. were B available but good buyers soon appeared again on the higher basis and for the rest of the day the market continued quiet steady at the opening quotations.

'The undertone Booing. at the close, however, though appar= uly' sleely' was al very uncertain B with soliera "at:— sterling 5% USS Cosh/Mor, Apr.

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

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