The Archive · 1938

Bank of Japan Gold

Reserves Osaka, July 15.

The gold reserves of the Bank of Japan yesterday totalled 801,286,000 Yen, same as last week and 504,304,- 006 Yen on July 15 last year, This shows no change as com-pered with last week but an increase of 296,982,000 Yen from last year—Reuter, Berlin Bourse Berlin, July 14.

Business on today's share market was even more slack than on the two preceding days. Offers on emigrant account were not very heavy but on the other hand investors who placed buying orders at all fixed such low limits that few transactions were possible, Towards the close there was a rally, the last prices of the day being in some cases a notable improvement on yesterday's quotations, On the fixed interest securities market business was very restricted and prices tended to decline. Some gold mortgage bonds were a shade higher however, while in industrial bonds there' was a further drop.

Call money stood at 2% to, 34 per cent.—Trans-Ocean, Brokers Loans by F.R.S.

New York, July 14.

Loans on security to brokers in New York by the reporting member tanks of the Federal Reserve System, for the week ended July 13, totalled $496,000,000, showing a decrease of $41,000,000 from the previous week.

Loans to brokers during the corresponding period of last year were placed at $1,147,000,000, or $651,000.. 00C greater than the amount recorded during the period under review Reuter,

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