Salt Lake Telegram | 1912-08-29 | Page 7 | Discount Rate Raised.

DISCOUNT RATE KATE RTE RAISED LONDON Aug 29 The The rate of ot discount discount cBs dis dis- dis count of th th th- Bank of England was wan wal lal raised from 3 to 4 lr pr cent today as af a a protective protect e mea measure re against the inrush of bills Al Although Al- Al Although though the In Institution i le Is In a strong bis position position tion ton to meat meet th thin the gold exports to Egypt Ept the Increasing number of or American and other bills being off r d made the thA money mone market markt nervously rah raise Us Is discount rates thus forcing bills bill Into th the Bonk Bank land of or ng