New York, May 18.
'A further unexplained' disappearance of monetary gold, amounting this week to $6,772,000 and in the past three weeks' to over $20,000,000, was disclosed by to-day's Federal Reserve statement.
Wall Street believes that the disappearance is due to gold transfers made by the U.S. Treasury to the Stabilization Fund for employment in control of foreign exchange if re-
U.S, Treasury Purchas New York, May 19.
With the Federal Reserve Bank of New York acting in the capacity of intermediary, the United States Treasury recently bought between 440,000,000 and 60,000,000 ounces of silver, it was stated to-day in exceptionally well-informed. circles.
These operations on a large scale were carried out under the provi silver legislation purchases of the white metal, which, since May have amounted to a minimum of 35,- (000,000 ounces, were made at a rate below that of 60 cents an ounce, it
Text read from the printed page and cleaned; old type leaves the occasional error.
