THE MONEY MARKET.
BANK OF ENGLAND RATE. MORE GOLD GOES OUT. (Australian and N.Z. Press Association.) (Received 10.30 a.m.) LONDON, September 25. The Bank of England's sale of a further £997,377 of gold to France and America is causing apprehension that the bank rate may be raised. Consequently the Stock Exchange is depressed, but there are no serious declines. Defaulting Company. General sympathy is expressed with the Russell Company, who were declared defaulters after they had informed the committee that they could not comply with their bargains. They thought this the honest course to take.
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Auckland Star, Volume LX, Issue 228, 26 September 1929, Page 4
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95THE MONEY MARKET. Auckland Star, Volume LX, Issue 228, 26 September 1929, Page 4
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