GOLD IN U.S.A.
NEARLY HALF WORLD SUPPLY. [United Press Association—By Elect™ Telegraph—Copyright. ] NEW YOB K, March 26. The Federal Reserve Board i weals that the United States is holding fho larg'Kl amount of monetary gold that has ever been held in ally (uuntry. 'I In* United States now possesses over twice as much gold as Frame, which ranks second. The United States is bolding nearly seven times above Hi gold reserve of the Rank of England, as announced vesterilav.
It is reported that the United States now bolds a total of -1.085 million dollars in monetary gold, which E 42 per cent, of the total world supply, and which, for the first time, provides more than a debar for dollar hacking for all of tiie currency circulation in the eountrv.
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Hokitika Guardian, 21 March 1931, Page 5
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130GOLD IN U.S.A. Hokitika Guardian, 21 March 1931, Page 5
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