The Archive · 1925

LONDON BULLION

Sovereigns in Circulation in South Africa The bullion letter of April 1 issued by "Messrs. Samuel Montagu Ca. states:—Gold—The Bank of England gold reserve against its note issue on the 25th ultimo amounted to £126, 191,125 as compared with £126,786, }670' on the previous Wednesday.

South African gold to the value of about, £80,000 was available here this week and was mostly taken by the Continent and the Trade.

During the week $5,000,000 gold has been engaged for shipment from New York to Berlin.

Reuter states that a British Line 4 m/s. Does, 768 credits 6 784

Pans—

4 m/e, Docs, 1605

Closing business done at London T. T. an New York seilles of }£320,000 in gold which had been [despatched by the parcel post from New York to India. The gold therefore has been returned to New York, Recently large parcels of gold have been thus posted from the United States to India in packets of 50 ounces, worth about $1,033 leach. We hear under date' of 10 last that the U. 8. Post-

Text read from the printed page and cleaned; old type leaves the occasional error.

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