Remarkable Activity in South African Gold
LONDON, Sept. 22. There was remarkable activity in the unofficial street market outside the Stock Exchange, the higher prices of commodities causing the public to buy manv industrials. Some brokers did more business in a few hours than in a week while the exchange was open. South African gold mining was particularly in demand after the price of gold had been fixed nominally at £4 19/7 per ounce, which is 15/2 higher than yesterday, and after the arrival from South Africa of 250,900 sovereigns and £484,006 in bars, which the owners refused to offer, believing that a better price woujfl be obtainable later.
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Horowhenua Chronicle, 24 September 1931, Page 8
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109Remarkable Activity in South African Gold Horowhenua Chronicle, 24 September 1931, Page 8
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