LONDON MARKETS.

Press, Volume L, Issue 14884, 26 January 1914, Page 8

LONDON MARKETS.

LONDON, January 24. Jute —February-March, shipment, £32 10b. iSilver—2s 2Jd. Hemp—The market is inactive; January-March shipment, £26 10s. Copra—The market is neglected. Southern, on the spot, nominally £28. Rubber —Para, 3s 2d; plantation, 2s 4sd; emoked, 2s 5Jd. Antimony, 2s &Jd. ENGLAND'S GOLD RESERVES. ALLEGED TO iITINADEQUATE. (By C»ble. —P/aee Asiociition—Copyright.) LONDON, January 23. Sir Edward Holden, chairman of the London City and Midland Bank, at a meoting of the shareholders, contended that the nation's gold reserves were inadequate, and urged tho various banks to follow the American-Canadian plan and publish their gold holdings, adding that unless they agreed upon the .amount they would hold, his bank's balance-sheet next December -wonld chow its holding. Hβ contended that there was a necessity for an emergency currency of one-third based on gold. ("Timee"-Syc!ney "Sun" Special Cable.) LONDON, January 23. Sir Edward Holden, chairman of the London City and Midland Bank, at a meeting of shareholders, insisted that tho gold reserve of England was insufficient to meet reasonable demands, and urged the aopointment of a committee to consider the grave situation.