The price above calculated as paid for gold to New York is T7s./9d. the standard ounce—round about which figure gold used to be obtainable in pre-war times. As, however, possible that gold might not, in the new conditions, be readily obtainable except at' about the equivalent of the bullion value of sovereigns (paid out by the Bank of England against notes) afd, as these coins would probably be not new but of current weight, say two or three per mille under the mint weight, their cost, as bullion would be equal to about 78s./0%d. per standard ounce and the gold point! for London to New York would in that event be about $4.837.
Text read from the printed page and cleaned; old type leaves the occasional error.