New York closing rate for Aug. 14 4.031% Local Sellers of 0.5.5 against at the close 40 Local Buyers of U.S$ against at the close 402
*—Nominal.
The local market opened with sellers at 2%4, sterling and 44% USS. Shortly after the opening sellers came out slightly above these rates and the market took on a steady tone which continued until midafternoon when merchant buying forced quotations back to the opening level. At the close the market was quiet, with sellers at:—
2%4, Sterling 418 U.S.$. Cash Sept.
Text read from the printed page and cleaned; old type leaves the occasional error.