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GOLD DOLLARS

HOAEDING M EUROPE

FURTHER EXPORT BARRED

(Received 3rd February, 11 a.m.)"

NEW YORK, 2nd February.

The Federal Reserve Bank.has confirmed the New York banking housei order that to discourage the hoarding of American gold, coins in Europe it will refuse to make further export of the1 same. The export of gold in bars will continue. It is estimated that the hoarding of American coins is proceeding at the rate of five million dollars weekly, the coins going to Switzerland, Belgium, Holland, Germany, and France. . . -

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19320203.2.55

Bibliographic details

Evening Post, Volume CXIII, Issue 28, 3 February 1932, Page 7

Word Count
86

GOLD DOLLARS Evening Post, Volume CXIII, Issue 28, 3 February 1932, Page 7

GOLD DOLLARS Evening Post, Volume CXIII, Issue 28, 3 February 1932, Page 7

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