taku state:
Gold—The Bank of England gold reserve against notes on July amounted to £155,756,285, as com: ared with £155,353,055 on the previous Wednesday.
The following movements of gold to and from the Bank of England have been announced since our last iseuer—
Received, Withdrawn, July 2 par Ris ta mit, Of the £1,405,000 gold received on uly 6, £1,000,000 was from Holland in the form of sovereigns, whilst the balance, £405,000 in bar gold, was generally understood to be African though the origin was not lly disclosed. The destin:
of the £182,000 soverei withdrawn were given as follows: £163,000 to India, £13,000 to Chile' end $8,000 to Holland. During the: week under review £1,250,000 on balance has been received by the Bank. The net influx since the resumption of an effective gold standard is now £3,023,000.
The Imperial Bank of India lowered its official rate of discount on July 6 from 5 to 4 per cent.
The following figures show the import and export of gold to an from the United States of America uring May last:
Imports. Expos germany Netherlands Kingdom Portuguese " Africa Pachunge is maintained at ts, Gorcrnne yeek. Bullion is in have' been "no ies ataviing to pt Dallion "at "present. ie rilions worth. per Sumption' ie rather" Tonth of June, and price of gold prevailing at present."
Silver Business Restricted The market has been rather quiet. In the absence of pronounced views to the future, business has been
to the prolongation of cent Testricted to sctaal necessities and falling due. During the last day so India has shown more interest and some buying coming upon rather scantily supplied market has acted as a tonic. The undertone seems fairly good. Trade is moving te some extent in Shanghai and alarmist views are not held as to wed developments, though the situation, cepeclally upcountry, naturally porsesces possible seeds of trove.
Text read from the printed page and cleaned; old type leaves the occasional error.