The report on the gold market issued by Messrs. Samuel Montagu Ca. on November 17, states The Bank of England gold reserve against its note issue is £126,605,635, as compared with £126,604,635 last week.
A fair amount of gold came er: offer, and was practically all taken for the United States of America.
Gold to the value of $7,070,000 is reported as having arrived in New York—$3,300,000° from London; $2,000,000 from France; $1,570,009 fiom Egypt; and $200,000 from Germany.
The str. Korea. Maru which left San Francisco on October 26 last carried shipments of gold aggregate ing $2,525,000 consigned to Hongkong.
Reuter reported from Copenhagen, under date of November 10 Jast, an occurrence, which can be described as the work of a super-smuggler, in the following words:—"According to a telegram from Aabeuraa (Slesvig), Customs offices at Harreslev, on the Dano-German frontier near Flensburg, were today inspecting a locomotive constructed in Germany for a Danish firm, to be delivered on November when they found in it gold ingots to the value of 24,000,000 gold marks (£1,200,000), the intention evidently being to smuggle the gold rout of Germany. The Customs officers confiscated the ingots."
The Transvaal gold output for October, 1921, amounted to 707,825; fine ounces, as compared witn 691,096 fine ounces for September, 1921, and 662,472 fine ounces for October, 1920.
The New South Wales gold output for October, 1921, amounted 4,550 ounces, as compared with 6,298 ounces for October, 1920.
The following are the figures relative to the United Kingdom imports and exports of gold during the month of October, 1921::—
Imports, Exports. Netherlands - £ jan Belgium 1,3 10,200 France - 9,800 Spain & Canaries 47 West Africa 126,5: 108
Text read from the printed page and cleaned; old type leaves the occasional error.