London, Jan. 25.
The following are to-day's rates and prices: spending them. I" is said that from their first appearance up to now, about 100,000 Australians have been in, or passed through Egypt, bringing and leaving behind them about one million sterling in sovereigns and half-sovereigns. This was mostly absorbed as soon as it left the hands of the troops, however, and did not circulate very far. Now, however, there is more gold in circulation than there has been at any time since the commencement of war. The main reason seems to be that the populace, which hoarded ita few gold coins, is now beginning to feel the pinch of high prices and unemployment, and is, reluctantly enough, dragging those coins out again.
In Cairo, the gold coins of the world are, in normal times, common currency at an almost fixed value, 97} piastres for the sovereign," 96 pinstres for the German—twenty mark picae, 77 piastres for the French napoleon, and #0 on. The re-appearance of hitherto hoarded gold marks, napoleons, dollars, ete., shows that the people are cling to their sovereigns to the Inst, and are desirous of getting rid of their foreign money first, A striking illustration of the value of the British gold standard!
Text read from the printed page and cleaned; old type leaves the occasional error.