Washington, Sept. 30.
Announcement that further imports of gold would not be placed with the Treasury's general fund was made by Mr. Henry Morgenthau, Secretary of the Treasury, in a Press conference yesterday.
This is believed to indicate that the Treasury will issue gold certificates instead.
Mr. Morgenthau added that gold now in the general fund might be withdrawn to replenish, if necessary, decreases in the Treasury's accounts with the Federal Reserve Banks, and to meet any possible future gold exports.
The statement is not considered in interested circles in New York as particularly surprising as the Treasury has already begun to de-sterilize part of the free gold held in the general fund. The latter step, together with the latest development, has as its principal object the prevention of depletion of the Treasury's cash re-
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