The Archive · 1941

VS$/£ CROSS RATE CASH QUOTATIONS

New York closing rate for July 18 4.03% Local Sellers of U.S$ against at.the close 2355 Leal Buyers of USS against at the close 3.95%

The market opened with sellers at S'4d. sterling and 5H USS. Shortly after the opening, sterling became a buyer at this level while U.S.$, remained a seller at 5H. but towards the close a slightly easier feeling set and there were good buyers at both the opening rates. Business was mot so active as of late, and the market closed quiet but with an uncertain undertone at:—

$4 Sterling 54 USS. Cash/Aug.

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

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