§ 76. Colonel DAYasked the Chancellor of the Exchequer the amount of bar gold that has been exported by the Bank of England since the removal of the embargo on gold exports; what was the destination of the same; will he state the value of the sovereigns exported during the same period; and to what countries were they destined?
§ The CHANCELLOR of the EXCHEQUER (Mr. Churchill): The total figures are bar gold £1,039,000 and sovereigns &£729,000. I will circulate the details in the OFFICIAL REPORT.
§ Mr. H. WILLIAMSCan the right hon. Gentleman say how much has come into the Bank of England during the same period?
§ Following are the details promised:
§ The amount of bar gold which has been sold by the Bank of England during the period from the 29th April, 1925, to the 13th instant, inclusive, as stated in the daily announcements made by the Bank, has been £1,039,000. The destination of the bar gold is not published.
2028§ As similarly stated, the value of the sovereigns taken from the Bank for export during the same period has been &£729,000, the destinations being as follows:
£ | |
India | 633,000 |
South America | 40,000 |
Switzerland | 22,000 |
Egypt | 5,000 |
Spain | '1,000 |
Holland | 3,000 |
Gibraltar | 5,000 |
£729,000 |