SHIPMENT OF GOLD
£125,000 WORTH DISPATCHED BOXES OF SOVEREIGNS Press Association ' WELLINGTON, Friday. The sum of £500,000 in gold has been sent to London in the past six weeks. Twenty-five boxes of sovereigns and half-sovereigns, representing the balance of the original shipment of 100 boxes, have just been dispatched by the Bank of New Zealand to the Bank of England. The value of the latest shipment is £125,000. The direct steamer which sailed from Wellington on September 19 for Southampton and London actually took 75 boxes, valued at £375.000, her strong-room not being sufficiently large to accommodate the whole consignment of gold coin. The remainder has now been shipped. The gold coin Is packed in small boxes, each containing £50,000. The £500,000 worth of gold now on its way to London Is additional to £IOO,OOO sent to the United States In August. Recently two shipments of gold, totalling in value £2,000,000, were sent from Australia to London by the Commonwealth Bank.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291019.2.103
Bibliographic details
Sun (Auckland), Volume III, Issue 798, 19 October 1929, Page 10
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161SHIPMENT OF GOLD Sun (Auckland), Volume III, Issue 798, 19 October 1929, Page 10
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