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IS THE CRISIS OVER?

: MR/CORTEUOIfS OPINION. ' .ACTION OP BANK OF ENGLAND. CALL ON BRITISH GOLD. : by TEr.EOKApn—rnisss association—corTitifinT. .V ' ' : '(Rco.' Oct. 2D,' 10.42 p.m.) , ; ' '■: . London, October 29. The I Bahk of England is'charging 5 por cent, discount,' aiut'SJ per cent, for advances. It restricts currency paper to-thirty days from' bill-brokers, 'and sixty days from c'u>tbhibrs.'■'■'• ';'' .' '\! > "Tho Time's "says that -'jtiio Bank of Eng-' land'has virtually made the fate 5 per cent, without shocking 'any weak'nerves abroad; by changing- the official'minimum on an unusual day. Tho American demand for gold caused this stci-

, ■■[• yV> --.. .-.'. ~. New York, October 29. •'"' The Secretary of ( the Treasury; Mr. Cortolyou, has rcturnod to' Washington, considering the crisis over. (Rec. Opt.' 29,.10.50, p.m.) ~ • ' ''L'oniibn, October 29. Tho; /'Daily .Telegraph'' states , that two millions.of gold..will leave.London for Now Y'brk oh \\'c'dnes'day.... .....■>,-. ~ , •.. / "' '' ;"'-.' ■ •.■'•' , ':•.'.■■

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19071030.2.43

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 1, Issue 30, 30 October 1907, Page 7

Word count
Tapeke kupu
133

IS THE CRISIS OVER? Dominion, Volume 1, Issue 30, 30 October 1907, Page 7

IS THE CRISIS OVER? Dominion, Volume 1, Issue 30, 30 October 1907, Page 7

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