BRITISH GOLD
MORE GOING ABROAD
(United Press Association.—By Electric Telegraph.—Copyright.]
LONDON; October 31
The Bank of England announces ill connection with Franco-Anierican fifty millions sterling credit/ which was obtained September. 1, .that it is expiiing to-day, October,, 31, -but the FiancpAmerican Banks have now agreed to extend a - credit thirty..,millions for three, months.
The Bank of England-is selling fifteen millions worth of gold as part payment, of the balance of the expiring credit.
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Hokitika Guardian, 3 November 1931, Page 3
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73BRITISH GOLD Hokitika Guardian, 3 November 1931, Page 3
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