The Archive · 1925

LONDON BULLION

[Samuel Montagu & Co.'s Report Demand 4 wa/s. credits 4 m/s, Docs, 4 m/s, Does, In their weekly bullion letter!

Jdated October 28 Messrs. Samuel] U's.A Montagu & Ca. stated:—Gold—The Bank of English gold reserve against notes on October 21 amounted to £160,890,245 31 Jeompared with £154,058,495 on the Previous Wednesday.

substantial amount of ~-R64}eume into tne"open market and 714] mostly taken by the Continent. '714 inquiry for India not being on a large scale, and the rise in the value 2065 nom. of the pound preventing shipments Closing business done at London T.

New York 1.7. from 3/148 States. 16 ts pric being made to the 'United From the 26th instant the ruled at 84 s./104d. per' fine ounce—a figure not touched since September 2 last.

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

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