... . All is not Gold that Glitters. Dear Sir, Capel Court, Oct. 7, 1893. The Bank return is again favourable enough to allow of a reduction of the official rate, and for the moment we see every prospect of cheap money continuing. The success of the New South Wales loan is a very satisfactory feature, showing, as it does, that, despite the pessimisttheories of certain newspaper scribes, the great ...

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Sept. 22, 1894. During the week nearly half a million in gold has been withdrawn from the Bank of England for export on balance, German demands not only intercepting fresh supplies, but trenching on the bullion stock at Tlireadneedle Street. This drain of the yellow metal appears, however, to be only of a temporary ...

... NOTES EEOM THE EXCHANGE. All is not Golcl that Glitters. Dear Sir, Capel Court, July 1, 1893. in matters hnancml we live in days ot wars and rumours ot wars, tor since we last wrote to you not only have Goldsborougli, Mort, and Co. suspended payment, but a financial revolution lias taken place in silver, tlie meaning and effect of which we do not even yet realise or fully understand. It is ...

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters Dear Sir, Capcl Court, May 17, 1893. In consequence of the coming holidays, you will, no doubt, as at Easter, forgive us for writing to you in the middle of this week and not at the end. Paralysis is the only word which expresses the situation in relation to either investment or speculation, while general and hopeless demoral isation ...

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, May 6, 1893. Again, before the ink of our last letter to you was dry, we were startled by a further development in the Australian crisis, but one which you will not have been quite unprepared for. Within about a month six large banks of issue have suspended payment in the Australian Colonies, involving a lock-up of ...

... NOTES EEOM THE EXCHANGE. AU is not Gold that Glitters Dear Sir, Capel Court, March 17, 1894. No record of the week would be even presentable without a word or two on the subject of the very remarkable meeting in the Bank parlour, Threadneedle Street, on Thursday last. For weeks, one might almost say for months, the City has been full of stories, more or less circumstantial, as to the Bank of ...

... NOTES EROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Oct. 7, 1893. The Bank return is again favourable enough to allow of a reduction of the official rate, and for the moment we see every prospect of cheap money continuing. The success of the New South Wales loan is a very satisfactory feature, showing, as it does, that, despite the pessimisttheories of certain ...

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear SrR, Capel Court, Sept. 8, 1894. Money still goes a-begging in Lombard Street, advances from day to day being obtainable in any quantity for a peppercorn, the trouble with the banks being to find anybody to take their floating funds at the most nominal rate of interest. Never has capital been more of a drug than at present, and, ...

... . All is not Gold that Glitters. Dear Sir, Capel Court, Sept. 15, 1894. An eloquent indication of the superabundance of money was given at the Bank of England meeting on Thursday. The Governor remarked, in explaining why the profits had been so small during the half-year, that the enormous surplus in the Reserve had been kept idle, simply because to invest in Consols at the present high ...

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... . Not the least arduous part of an editor's labours is subject-finding, so it it always a deliglit when my correspondents help me with sensible suggestions. At times, however, the will is better than the deed, as in the story I am about to narrate. The other day my letter-bag contained a hieroglyphic so strange and terrible that even editorial patience was tried almost to breaking point. Time ...

... NOTES EEOM THE EXCHANGE. All is not Gold that Glitters Dear Sir, Capcl Court, Dee. 2. 1893. Things are a little more cheerful than they were in the middle of last month, and the settlement has passed off without trouble, as, in fact, it always does when there is a margin in favour of buyers. The remarks in your last letter as to the tendency of the majority towards buying that which they do ...