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Ch. 1: Gold and Silver in 1919

Ch. 1: Gold and Silver in 1919 Page of 72 Ch. 1: Gold and Silver in 1919 Text size:minus plus Restore normal size   Mail page  Print this page
670                        MINERAL RESOURCES, 1919----PART I.
IMPORTS AND EXPORTS.
Value of gold and silver imported into and exported from the United States, 1918 and 1919,
1918.
DOMESTIC SUPPLY.
The remarkable gain in the domestic supply of gold indicated by the great excess of $530,200,000 in imports over exports in 1916, of $180,000,000 in 1917, and of $21,000,000 in 1918, came to a halt in the early part of 1919, because few European nations had gold available to. settle trade balances. The excess of gold exports in 1919 was due to adverse trade balances in South America and the Far East, and the countries which received most of the gold exported were Argentina, Venezuela, Uruguay, Japan, China, and Hongkong.
The value of excess of exports of silver in 1919, though nearly $32,000,000 less than in 1918, continued to be very heavy, owing to
Ch. 1: Gold and Silver in 1919 Page of 72 Ch. 1: Gold and Silver in 1919
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US Geol. Surv. 1919. Gemstones, Metals.
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