The Archive · 1940

French Gold Reported In US., Bordeaux

Bonn, June 28, The French Government took the gold reserves of the Bank of France with it when it moved to Bordeaux, tap "authorized source said here yesterday.

'A part of the gold, however, has already. Been transferred to" the United States, he said—United Press. uly while the value of imports from China for December, 1939, advanced by almost forty four per cent, over October and by more than double compared with the previous July, The large increases in value of our exports to China in December was mainly accounted for by raw cotton—of which we shipped more than '$5,000,000 worth in that_month—but also in part by larger shipments of automobiles and parts, leat tobacco, metals and serap, and aniline dyes, 'A. sharp increase in, the value of imports from China in December, 1039, was mainly caused by the bring ug in of $2,000,000 worth of tung ai!—resulting from the release of certain American-owned oil that had piled up in'Hankow—and by considerably creased shipments of raw sible and tungsten—United Press.

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