Total Value of £815,000,000
Bullion on September 30
London, Dec. 30.
The Treasury to-day announced that the gold held in the Equalization Account on September 30 amounted ie 39,854,000 fine ounces, while the gold held by the issue department of the Bank of England totalled 76.843,- 000 fine ounces.
The announcement was made in cordance with the undertak given by Sir John Simon, Chancelloi of the "Exchequer, in the House of Commons on June 28. 1937, that the Treasury would undertake io publish a statement every six months en the gold holdings of the Equalization account.
The total of these accounts, at £7.00 per ounce, represents ever £815,000,000. At the same date, the account did not hold more than a trifling amount of foreign currency.—Reuter
Text read from the printed page and cleaned; old type leaves the occasional error.