Show London Money Market London Oct 13 The abundance of oJ money mone has not lessened and borrowers are able to obtain funds at practically Uy their own terms Discounts are firm The announcement of a further shipment of naif half a million In gold today from India was counteracted by American inquiries Business transactions were small operators ors being charry of ot taking bills bUls at any an price in the present uncertain condition of the market The says An early advance in the bank rate seems unavoidable The rhe supply of or money is 15 still superabundant This abundance Is regrettable for with the American ex exchange exchange exchange change falling to the gold point the Bank of England has already been obliged ed to sell seU in the United States and more Is expected to go The question is how high must money be raised in London to stop the threatened outflow of ot gold to the United States and Germany and maintain the Bank of re reserve serve servo now on a safe level leel The theme of all commentators is the probable loss of more mor gold sold New York ward |