The Archive · 1922

British Imports and Exports Messrs. Samuel Montagu &

GOLD MOVEMENTS

state in their report of December The Bank of England gold reserve against its note issue is £126,613,-

385, as compared with £126,612,- 690 last week.

A substantial amount of gold was on offer and was practically all taken for the U.S.A. The price today, 98s/1d.—which represents a premium of only 15.6 per cent. over the Bank of England buying price.—is the lowest fixed since October 8, 1919.

Gold to the value of $6,685,000 is reported as having arrived at New York—$3,540,000 from London; $2,045,000 from France, $1,000,000 from Sweden; and $100,000 from Germany.

Indian gold movements during October, 1921, show a net import of 192 lakhs of rupees.

The following are the figures relative to the United Kingdom movements of gold during the month of November, 1921

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

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