82
Maklerfirmen mögen die vorstehenden Angaben ergänzen,
(Formular 4—5) 1 ),
Telegraphie Address. Formular 4.
“ATTACOM". LONDON.
LONDON Ist SEPTEMBER 1911.
sd
Bar Gold 17/9 p. Oz. Std. Bar Silver 24 3 /ig p. Oz. Std.l__925
Do. Parting „ „ „ Do. 2 mths Forwd24 6 / 16 „ ,, ( fine
Bank Rate 3%.
Gentlemen,
Further good rains in India have caused a distinctly harder tone
to prevail in the Silver Market, and although the effect on prices has
been very small so far, to-day’s quotation, 24 3 /j e d. is */s d. higher than
when we wrote last week, and is the highest quoted for nearly a
month.
Surprise has been expressed in some quarters that quotations
have failed to respond more sharply to the much improved crop prospects.
It must be remembered however that when the reports were
most unfavourable, the fall in quotations was small, because many
operators realised that there was still time for the Situation to be saved.
It is also an undoubted fact that the large stock both here and
in Bombay discourages fresh purchases for a rise unless operators can
see their way very clearly,
With China a fairly constant buyer, and no encouragement to
bears, there seems ground for anticipating some further slight improvement
in quotations.
GOLD: —
There is no Continental demand for Bar Gold and the requireraents
of India are very small so practically the whole of this week's
arrival is being taken to the Bank of England where £ 764,000 in Bars
and Coin has been received. Düring the week £ 730,000 in Sovereigns
has been withdrawn for South America and £200,000 for Constanlinoplc.
We are, Gentlemen,
Your obedient servants,
Mocatta & Goldsmid.
7, Throgmorton Avenue,
E. C.
1) Vergleiche auch die Zirkulare von Pixley u. Abeil und von
Sharps & Wilkins im Archiv der Cölner Hochschulen.
