U.S. GOLD STOCK
Sales Bring Decline (N Z.P.A -Reuter —Copyright! WASHINGTON, May 28. The United States sold 811.000.000 dollars’ worth of gold in the first quarter of 1965, the Treasury Department announced yesterday. The total United States gold stock declined 833,000,000 dollars in the first quarter of this year. French purchases—conversion of dollars for gold—accounted for about 482.500.000 dollars’ worth, Treasury officials said. Since March 31, 1965, Treasury sales of gold, also primarily to France, amounted to about another 200 million dollars, the officials added. The Treasury said the de- . crease in the United States . gold stock in the first quarter included the net sale of 22.000.000 dollars’ worth of i gold to domestic industrial. 1 professional and artistic con sumers.
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Bibliographic details
Press, Volume CIV, Issue 30764, 31 May 1965, Page 7
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121U.S. GOLD STOCK Press, Volume CIV, Issue 30764, 31 May 1965, Page 7
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