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EXPORT OF GOLD.

FROM U.S.A. TO AUSTRALIA. XEVV YORK, January 3(1. The International Acceptance Bank is shipping £720,000 worth uf gold to Australia by the Sonoma. The Canadian Bank of * Commerce is shipping fi&n.OOQ worth via San Francisco, and the Hankers' Trust is shipping £240,000 worth. The export of gold has increased by more than £3,400,000 owing to ihe unus"lllv heavy consignments to India and Australia. The heaviest daily movement since the outflow began early in December brought the month's total to nearly £17.000,000. This figure is unparalleled since the outbreak of the world war. .Since December the United States" stores of gold have lieen reduced by about £2.\600,00n, — (A. and N.Z.) DAIRY PRODUCE PRICES. LONDON BUTTER MARKET. LONDON", January ."0. After most active business in the early part of the week owing to lower retail prices stimulating the demand the butter market has quietened, buyers having tilled their immediate requirements. New Zealand choicest, salted, is quoted at lti-2/ to 164/. Australian is quoted at 1.52/ to 1.14/. I'nsalted butters are at a premium of 6/ to 8/. Danish is about 215/, Cheese is steady. New Zealand is quoted at 04/. and Australian at 'JO/ to 92/.—(A. and N~.Z. Cable.) Last week's report stated: The lower ■wholesale and retail prices of butter have stimulated the demand, but business is hampered by tbe slow discharge of consignments from steamers. If all arrivals were promptly available, the present, prices could not be maintained. New Zealand choicest salted is quoted at ];-,<>/ to I."i 8/; exceptionally good lots at lliO'. Australian is quoted at 14fi/ to 130/. T'nsalted is scarce at a premium of t>/ to S/. Danish is firm at 200/.

THE VILLAINS FOILED. STRANGE BUT TRUE STORY. HOW BURf-rLED c;OODS WERE RESTORED. (From Our Special Correspondent.) LON'DOX, December 20. The writers of detective yarns may now take a back scat. Imagination boggles at the stories being unfolded in the Courts and the adventures of ■"eat" burglars whose star turns over the roofs of Txjndon must make professional acrobats on the halls turn green with envy. Just listen to the story about which wo are all agog just now. Jts protagonists are a millionaire cracksman, the sort of person we rather thought was a creation of the artist who wrote of super-detective feats, such as the school which followed laboriously in the. footsteps of (onan Doyle. But either the super-cracksman millionaire is a, creature who has been evolved localise lie was Relieved possible, or he lias just <-omn (because villainy, like industry. must needs in this 20th century be on a larp-c scale or it gets, nowhere. The latest real-life story full of super villains to accept the terminology of the movie trade had at its head a wealthy New York antique dealer who had made many fortunes out of treasures'. He had working for him a. gang of three American criminals who on June •2 arrived in London from \c\v York with express instructions to steal a certain amount of jewellery and treasures from flic famous Wernher collection. These men employed by the antique dealer were by him part-paid in advance to encourage them in the enterprise. The full payment however, for carrying out the robbery was only to be handed over when the valuables were delivered in Xew York.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19250131.2.69

Bibliographic details

Auckland Star, Volume LVI, Issue 26, 31 January 1925, Page 7

Word Count
548

EXPORT OF GOLD. Auckland Star, Volume LVI, Issue 26, 31 January 1925, Page 7

EXPORT OF GOLD. Auckland Star, Volume LVI, Issue 26, 31 January 1925, Page 7