"Since the Return of October 7, when the gold holding in India was shown as 3,78 lakhs, there has been a steady inflow of gold amounting to over £2,800,000 between October 7 and November 15.
"The stock in Bombay ix 3,490 bars, compared with 3,30" last week.
"A shipment of 1,200,000. ounces has been made from San Francisco to Hongkong during the week."
Messrs. Mocatta & Goldsmid's weekly circular dated London. November 20, stated that "although there has been " considerable Jemand from India the amount bought would, under normal circumstances, hardly have justified the sharp advance in the price which we have seen this week and demonstrates the narrowness and consequent sensitiveness of the market. The quotation which was 22}d. at the end of last week, advanced a halfpenny on Monday and during the next two days further
Text read from the printed page and cleaned; old type leaves the occasional error.