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The Sketch

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir., Capel Court, Aug. 18, 1894. The feature of the week we have just passed through has been the revival of silver and silver securities, brought about by the war in the East and the practical certainty of both China and Japan being very soon large borrowers upon the European markets. For months we had almost said for years there ...

Published: Wednesday 22 August 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1288 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES EEOM THE EXCHANGE. All is not Gold that Glitters Dear Sir, Capel Court, Aug. 25, 1894. The Bank return disclosed record figures both in the reserve and the stock of bullion, and it is probable that the next few weeks will see the position even stronger than this week's figures. The week has been a dull one on the Stock Exchange, but has ended with a general rise in American Railways, ...

Published: Wednesday 29 August 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1463 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Sept. 1, 1894. The glut of money continues, and the Bank return again presents record figures both in bullion and reserve. The Stock Exchange payments had little effect on the market, and six months' hills continue to be discounted under 1 per cent, in many cases, which shows that financial houses expect the ...

Published: Wednesday 05 September 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1650 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... 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, ...

Published: Wednesday 12 September 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1309 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE

... . 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 ...

Published: Wednesday 19 September 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1230 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... 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 ...

Published: Wednesday 26 September 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1330 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Oct. G, 1894. The Aveelc has not been uneventful, for Ave have had a good healthy war scare of the real old-fashioned kind to remind us of Avhat AA'ould hapjien if the real article Avere within measurable distance, and Ai'e have got over it, all within the short space of four days. For the last three or four years ...

Published: Wednesday 10 October 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 489 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Nov. 17, 1894. The settlement has passed off very quietly, with only one failure in London, but a rather more important one in Glasgow, where Mexican Rails have been the chief cause of the trouble. Two or three months' bills have hardened appreciably, but large sums in gold, amounting to nearly a million, are on ...

Published: Wednesday 21 November 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1059 | Page: Page 14 | Tags: Letter 

NOTES FROM THE EXCHANGE

... . i i All is not Gold that Glitters. Dear Srn, Capel Court, Dec. 8, 1894. All the week business has been restricted upon the Stock Exchange, but there are not wanting signs that the period of abnormally cheap money is slowly very slowly passing away, for, although the Bank's stock of bullion is still over-large, it has been considerably depleted, and the percentage of assets to liabilities ...

Published: Wednesday 12 December 1894
Newspaper: The Sketch
County: London, England
Type: Article | Words: 779 | Page: Page 44 | Tags: Letter 

NOTES FROM THE EXCHANGE

... NOTES EEOM THE EXCHANGE. All is not Gold that Glitters. Dear Str, Capel Court, Dec. 29, 1894. Money continues to advance in value, day-to-day loans, which, were recently at the nominal figure of 1 per cent., being now quoted about 1 per cent., while the rate for discounting three months' bills, which hung so long at T per cent., has now also hardened to the same figure. This does not imply, ...

Published: Wednesday 02 January 1895
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1348 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE

... NOTES FKOM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Jan. 5, 1895. The general tone of the markets has been weak, and realisations in the South African corner have been the most important factor in producing this result. The Bank return is remarkable for a drop of 10 per cent, m the proportion of reserve to liabilities but dear money is yet a long way off. Never were ...

Published: Wednesday 09 January 1895
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1153 | Page: Page 52 | Tags: Letter 

NOTES FROM THE EXCHANGE: All is not Gold that Glitters

... NOTES FROM THE EXCHANGE. All is not Gold that Glitters. Dear Sir, Capel Court, Feb. 2. 1805. Discounts nave been firmer and short money has commanded about per cent., but a good bit of the stiffening in rates has been caused by the banks preparing for the usual monthly returns and the proposed American bond issue. At the Bank of England gold is still flowing back from the provinces, and in ...

Published: Wednesday 06 February 1895
Newspaper: The Sketch
County: London, England
Type: Article | Words: 1240 | Page: Page 44 | Tags: Letter