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GOLD SHIPMENTS.

TO ADJUST BANK BALANCES

Received August 15, 1.40 p.m. SYDNEY, Aug. 15

Last week the Commonwealth Bank shipped to America £2,000,000 worth of gold, including £500.000 worth of new gold from the New Guinea fields. The shipments were made in _ order to adjust the hank balances, owing to the imports being so much above the value of the exports.—Press Association.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19270815.2.20

Bibliographic details

Manawatu Standard, Volume XLVII, Issue 220, 15 August 1927, Page 2

Word Count
62

GOLD SHIPMENTS. Manawatu Standard, Volume XLVII, Issue 220, 15 August 1927, Page 2

GOLD SHIPMENTS. Manawatu Standard, Volume XLVII, Issue 220, 15 August 1927, Page 2