Arrivals of Specie in New York In their report dated London, May 30, Messrs. Samuel Mon-taku & Ca. state:—
Who Bank of England gold reserve against its note issue on May 23 was £125,697,975 as compared with £125,697,705 on the previous Wednesday. The In-ian demand for gold continues on only a moderate scale.
Gold valued at $16,315,000 has arrived in New York from London and 30,000,000 gold marks from Germany. (he New York correspondent of the 'Times' states under date of May 29 as follows:—"It is reported without confirmation that the 60,000,- 000 gold marks which recently arrived here in_ settlement of notes given by Belgium to Germany are really the property of the {British Government, which bought the notes in Switzerland where they had been discounted by Belgium. The marks, it is said, will be melted down and the gold will be applied to the payment due on Thos 18 on Great Britain's debt to the United States. An additional £1,055,- 200 in gold is arriving to-day on the Majestic, and another £718,- 025 is on the way. Both are lieved for account of Great Britain."
The Southern Rhodesian gold output for April, 1923, amount-to 53,200 oz., as compared with 48,171 oz. for March, 1993, and 54,318 oz. for April, 1922.
Text read from the printed page and cleaned; old type leaves the occasional error.