TRANSACTION WITH GOLD
£13,000,000 LEAVES ENGLAND FRANCE AND HOLLAND BUY TFTE bank not perturbed STOCKS &TLL VERY HIGH By Telegraph—Pres* Assn. —Copyright. Rec. 8.30 p.m. London, July 22. The decisions of the international conference in London are intimately connected with the gold position. Including purchases on the open gold market, France and Holland took £3,500,000 in gold from London yesterday and the Bank of England received 363,000 sovereigns from Australian banks. The nett eflux of gold from England since July 13 totals £13,870,000. The financial editor of the Daily Telegraph emphasises that the city is not perturbed, as the gold stocks of the Bank of England, are still £150,000,000, which is considerably higher than in January.
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Bibliographic details
Taranaki Daily News, 23 July 1931, Page 5
Word Count
116TRANSACTION WITH GOLD Taranaki Daily News, 23 July 1931, Page 5
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