The Archive · 1941

US. $/£ CROSS RATE CASH QUOTATIONS

New York closing rate for May 8. 4.03% Local Sellers of USS against at the close 3.89 Local Buyers of U.S.$ against at the close 3.8915

"The local market was steady and quiet all morning, After opening at the previous day's closing rates of 344d. sterling and 5j, U.S business was done in some quantity at 5% U.S$, this rate becoming a seller at one time, Later on a quiet market quotations reverted to the opening level, the market closing unchanged at:-

Uii sterling 554

USS Cash/June

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

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