Salt Lake Herald-Republican | 1916-10-07 | Page 12 | Gotham Bankers Making Call Loans in London

I I I Gotham Bankers AI aking I Call Loans Loan in London I New York Oct OcL 6 Between G.-Between Between JO and in banking banking- funds runds bankers hero here estimate has been transferred trans trans- from New Ne' York to London this week and tho the movement mo IB is still sUll under way Call CaB money was lent in New York yesterday esterday at as low as 2 per cent Bankers Dankers contended that at this figure It Is almost Impo Impossible to make customary customary cus cus- tomary profits on call loans For Jor this reason they have hao been putting out money on call in London for some time The Tho high mark on time money moncy In this market yesterday a w was wai only 5 Si 1 per c cent cont nt nn and the low was 3 per cent Local bankers say that the they can get Jet a as hl high h as ns 5 51 per cent on time loans In Great Britain