Show I II I Exchange Bu Business less Upset Sterling Declines Again New York March 22 Trading Trading In foreign exchange today toay whilo nominal was characterized by greater demoralIzation demoralization tha than thiap at an any period since the recent withdrawal of oC bank banking Ins support Q l. l 33 the thc various go er governments ments I The most unsettling measure was a further drop of or 12 cents In sterling from Crom to for tor demand and to for tor cables cable This establishes quotations within a few points of 01 tho lowest lowe lowet record during the war and is almost without precedent for a score of or years c r. r Dealers in exchange stated that it was practically Impossible to obtain actual actual quotations for tor remittances remittances remit remit- to London Paris and Rome Home Italian exchange was quoted at at against 67 ear early yesterday London cables report d reported that transfer rates on dollar doar exchange had hal declined to to the pound at that center centor Sterling made mado J Its low loW price here hero after tho the of 01 this receipt quotation After tho the close of tho the market marcet there were rallies of 7 cents In cables and J demand bills bUs on London |