BAGS OF SOVEREIGNS.

Star (Christchurch), Issue 19850, 20 January 1920, Page 5

BAGS OF SOVEREIGNS.

A GANG ARRESTED. By Teloprraph—Press Association—Copyright Australian am! N.Z. Cable Association. (Received January ‘JO, 9.15 a.in.) LONDON, January 19. Seven arrests we:e made in London, comprising a barrister, a s-uldminer, two diamond dealers, a contractor, a money lender, and a goldminer's wife, and all were charged at the Bow Street Court in connection with the illegal use of gold currency. The police followed. the woman, who was carrying a heavy bag. and found that it contained 2700 sovereigns. Another of the accused was found carrying 1800 sovereigns. 'Hie limited were remanded. (An earlier message said Observing extensive withdrawals of gold from tint Rank of England during recent mouths by persons who insisted on ♦heir legal right to receive gold for bank notes, the Bank authorities inrji'.nted inquiries which resulted in the simultaneous arrest of seven persons by a large, number of police operating in various parts of London. The pro” scv.t commercial value of gold shows a profit of 28s per ounce an unmeltedi sovereigns. It is estimated that the gang’s withdrawals from the Bank of England during the last few months were over £100,000.)

Short.v alter inidnighi the ('u,v fii-o Hrigade turned out to what proved lo lie a malicious InNe alarm in Sydenham.