Show I LOPJDDN STOCK EXCHANGE I Business Throughout the Week Was of Quiet Character < London Aug 12The attention of the city last J week engrossed by the momentous movements in the market mar-ket The Bank of Englands policy i r bringing gold to 70s 7d had a beneficial k C effect and saved the market u 5 percent 1 I per-cent ratGfwhlQh at ono time was considered con-sidered a certainty The manner of plncihg the exchequer bonds facilitated this policy Although much criticised it has opened the eyes of the more thoughtful to the fact that the ability of the English money market to provide pro-vide war loans Is considerably less than has been generally supposed Many of thoso who have inside knowledge aro satisfied that the time has come to seek ja j i foreign market for Government bonds A serious Item of complant Is that j the prospectus of the exchequer Issue I did ndt mention tho fact that half the I amount had already been placed In the i United States I Is pointed out that the new company bill punishes the nondisclosure non-disclosure of previous contracts yet I the Government has done the very thing prohibited I In splto of money due to the banks policy however many are Inclined to the bolief that an advance In the hank I rate has only been postponed until autumn au-tumn Business on the slack exchange 4 throughout the week was of a quiet character The market showed no changes Speculative and Investment I business was restricted to the smallest dimensions The receipt of American gold produced a favorable effect especially I espe-cially upon most of the gildedged securities I se-curities Consols closed JA better The i premium on the new exchequers however I how-ever went down to owing it Is said I to American real iaations American I railway cd shares were steady but neglect I Mining shares wens very dull There I was an exceptionally small speculative account Change in prices were nominal 1 nomi-nal but the tendency waa downward Rands closed at 1031G Money was easy on call 3Y fixtures Ph three months bills Wa 1 |