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GOLD IN EXCESS.

The London Times, in its financial article on May 22, discussing the strong and sustained current of gold into the Bank of England, says it comes from various quarters, and by no means wholly from the United States and India. The worlo/s supply of gold now appears to be excessive. It has been long in overtaking the demand, but the fall in price in tbe article has finally secured an adjustment which would have been reached much sooner if currency experiments had not been tried on such a* large scale.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18940628.2.153

Bibliographic details

Otago Witness, Issue 2105, 28 June 1894, Page 35

Word Count
93

GOLD IN EXCESS. Otago Witness, Issue 2105, 28 June 1894, Page 35

GOLD IN EXCESS. Otago Witness, Issue 2105, 28 June 1894, Page 35