Reporting from London on August 1, Messrs. Samuel Mon-taku & Ca. state:—The Bank of England gold reserve against its note issue on the 25th ult. was £125, S08,795, as compared with £125,808,440 on the previous Wednesday.
The Indian bazaar inquiry again has been small, and the bulk of the supplies of gold coming on the market this week will be sent to the United States of America. Gold valued at $1,715,000 has arrived in New York from London.
The Southern Rhodesian gold output for June amounted to 58,323 fine ounces, as compared with 54,737 fine ounces for May, and 53,614 fine ounces for June, 1922.
The Soviet Minis'er of Finance has stated that the new gold coin now being minted will be withheld from circulation for a few years in order to prevent it from finding its way into the stockings of the peasants, who already hold in this way something between 200,000,000 and 300,600,000 old gold roubles.
Text read from the printed page and cleaned; old type leaves the occasional error.