GOLD STANDARD
FIG PURCHASE OF BULLION. Electric Telegraph—Press Association LONDON, May 1. Great itnerest has been aroused in the first gold movements recorded by the Bank of England since 1916. Bullion purchased amounted to £297,000, plus sovereigns, £IOO,OOO. The destinations were Switzerland, Holland, India, and Egypt. The first-mentioned toqk £291,000 in bars and coins for the purpose of strengthening, the o-old reserve of the Swiss National Bank. India took 87,000 sovereigns.
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Bibliographic details
Pahiatua Herald, Volume XXXIII, Issue 9922, 2 May 1925, Page 5
Word Count
71GOLD STANDARD Pahiatua Herald, Volume XXXIII, Issue 9922, 2 May 1925, Page 5
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