Show GOLD COLD JORT GAIN OAIN Possibility of a shift chill aUt In the International movement of oC IC gold resulting te some om time Um th ill i'll year In the gold gaid d exports from the mIte h United State Slates e nO exceeding d I Imports Is I. being discussed I here hure on 00 the basis bul of statistics statistic t. t on gold transfers trans irons fers tr for tor the eleven months month ending Not NO mib r 10 So last lut n. n These figures o show how that told gold 1014 Imports Im ports porte by br the United tended States State Stat for the tb Ie devon n months month aggregated only I a daI decrease decrease de d.- de- de crease of 4 O or 01 51 per cent cont front from the 1911 aI figures for j the corresponding n s cP period of While the Imports were wee decreasing at t a arate arate rate rat since Americas America's entry enry into the tho war export were going u up tsp at a arate arate rate of 17 67 per r cent The TX exports K so lung Ions n n. n negligible were we only for or t JJ lbs h. the th thee for tor eleven months against mont e came period In 1921 1021 but home officials official declue de- de dare clue m the th trend trond Is I. unmistakable srol al It If continued warrant the assumption that the lie country before ma many months month will il be b. sending sending send send- ing out more gold eold than It I receives The gold receipts receipt sie ee said to O have been bean the smallest ems ll t In five rno c Years and I IO Indicate t to forward strides In I some come enormous aUle Industry and antI commerce In some sense Ime foreign countries rather than a depressed or de decreased le- le or trade fur in illS Iho creased outgoing tade United Status Stats Conditions however howver hove are 10 a re regarded r. r the hh VI to a 0 continuation as a. pointing export flow even In the face ot of payments payment on account of the allied debts Detailed figures show a In the Im Imports iv ports from Great Britain but department of statisticians traced that to the th- commerce strike In the Rand and declare there will willbe willbe be a different picture shown by the figures to the United since on British ax exports ports the miners have returned to w work rl Another factor which Is I. said acid to have M held haiti down the tue British exports export to America Is I. the industrial revival re to India Restored cit and renewed business activity In that part a athe of the British empire has enabled India to bid for goll In the London market India and Canada took roost most of the geld exported by th lbs United States State In the pined period covered by the figures and It was that the prosperity of both countries again was we responsible for the purchase of gold here her In the case of Cans Canada most of the gold sent there was transferred la In October wh when n the Canadian dollar was Wa at a pr The decline of Imports from Canada H tt Is the some same trade c. c cc- cc n- n SIM nn v. v Ju juu i largely to for export of gold by the its United States Stales while with good harvest India normally le I. an Importer of gold gald an and she he has heen Importing virtually throughout 1 lie last year The factor affecting loan American geld gait Imports impart le is said ald to be th the exhaustion of the Russian hold gold rs and s-nd be consequent reduction la In shipments to the United Stats by Francs France and s-nd Sweden In 1011 1051 Russian gold s as-s aa exported to France and In large quantities and nd rei to America Amer ica lc but the ili movement naturally declined with tho tha exhaustion of the source of supply It I. I explained Commercial sod and Financial Wo 1 J |