Now York, Jan. 31.
With a gold shipment in dollars en route from Japan to Brazil, it is Indicated that the tide of gold movements appears to be swinging toward American whereas until recently it has been toward Europe ud: the Far East, experts here stated to-day.
The Japanese shipment is of '$2,000,000 to Brazil, with more than $5,000,000 to come and the total expected to reach more than $51 000,000.
Bankers here expect to sce a continuous flow in the same direction for some time to come, 'A statement of the Federal Reserve Bank.of New York shows an fnerease of $2,500,000 in the amount: of gold earmarked for foreign acount which, with an additional million from Colombia, brings the' tin for the week up to $8,771,000 United: Press.
Text read from the printed page and cleaned; old type leaves the occasional error.