New York closing rate for May 5 4.03% Local Sellers of U.S$ against at the close 3.88 Local Buyers of U.S$ against at the close 389
The local exchange market opened with sellers at 35d. sterling and 5j, USS. From the opening the market Fei was steady in response to speculative selling of forward U.S.$. and later in the day USS, business was. done occasionally at 5/4 U.S$. Interbank, although this rate remainded a ber. At the close the market was steady with a firm undertone at:—
3M sterling 5% USS Cash/May fr Oty June Samagaga Tel Power $ti% Debs.
3200 $0.25 om Lors Power 544% Debs, Paper Exploration Asia Navigation Power (Pret) China Realty bong Chemor samagaga Metal Anglo Java Afternoon Session Yangtsze Finanze 50 2425
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