The sun., 1914-08-19
BRITAIN SEEKS TRADE
LOST TO GERMANS
Campaign to Capture Foreign
Markets Is Launched in
London.
BANK BUYS MORE GOLD
Rush Of Bill Holders COmpels
Closing Of DiscOunting De-
partment Again.
BANK BUYS MORE GOLD

specid' cable Despdtch 10 Tay suS.
LONDON. Aug, 1s.--The Board Of Trade
has started a campaign to assist British
manufacturers and traders TO take sd-
vantage Of the opportunity to capture for
eign and colonial markets hitherto largely
In the hands OF Germans and Austrisns
The board has issued a series OF infor-
native pamphlets regarding the branches
Of manufacture and trade concerned and
invites inquiries. An official circular
points out that the opportunity to pro-
euro markets includes the present safety
Of trade routes. coupled with the pro-
lection afforded By the state under the
scheme Of war risk insurance. and says
that the financial MEASURES taken by
the Government to facilitate the con-
tinuance OF business transactions should
enable this 10 be done 10 very con
siderable extent.
In view Of the fact that German and
Austro. Hungarian trade with oversee
countries must necessarily stand still Il
Is evident that such course viii be Of
the greatest immediate benert In the em-
ployment OF the workmen OF the United
Kingdom and may also lead to the per
manent advantage of British trade.
The Bank OF England bought 1880
! se,5eO, ,coo) In American eagles and
f3so.0oo Sl, eoo.ooo) In bar gold to-day.
/ Another rush OF bill holders compelled
the bank TO close It's discount department
in the forenoon 20 give time to work on
| the arrears. Hope was expressed that
the bank will be able to resume discount
/ ing tomorrow
/ An increase is reported IN private stock
transa ctlons. Inquiries from provincial
brokers are taken to indicate that invest
orr are VNS'rning to nibbe.
'.loyds quotes the war risk that Eng.
land or France Will be at war with Turkey
within three months at 40 per cent.
/ The arrival of the new corn, coupled
with the home harvests. has reduced
iour price at Manchester to four shill-
ings RD a sack.
IoNpoN, Aug. ls.-LAwis Ha rcourt
Secretary OF State for tine Colonies. ant
Sir Edward Grey. the Foreign Minister
are taking steps to capture the trade re-
Gently held by Germany
They telegraphed on August i5 to som,
Of the most important colohies reminding
the British officials there that 1t Is I'm
7 portant to have full up to date informa
ron respecting the principal Imports from
Germany and Austria. They also hav.
written to the British Consuls in neutra
countries requesting similar information
whenever such inquiry is likely to b.
! useful
Paris Trading More Animated.
PANS. Aug. ls.--Tradins OH the Bours'
vas somewhat moro animated to-day. !
hundred different shares and bonds wer
represented In the transactions. Cur,
trading. which vas resumed yesterday
also Increased in volume and interest TO
day.
The Suoz Canal Company announced TO
day that It's receipts have been large
within the last few days than for cor
responding period last year.
The Lyons Chamber OF Commerce 4
preparing TO issue 100000 franc
t400,ooo) in one franc paper notes I,
meet the lack of small currency Unte
an agreement with the Bank Of Franc
the notes OF this issue will be exchang
able tor the larger notes of the Bank o
France