The Validity of International Gold Movement Statistics

By Oskar Morgenstern | Go to book overview
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Appendix

SOURCES AND NOTES FOR TABLES 1 AND 2

Description of Material Used in Comparing Gold Movements of United Kingdom, France, Germany and United States for 1900, 1907, 1928 and 1935 (Tables 1-2)


United Kingdom

Source:

Board of Trade, Trade and Navigation, Accounts relating to Trade and Navigation of the United Kingdom (in House of Commons, Sessional Papers).

Unit:

Pound sterling.

Notes:

Given as gold bullion and specie for the United Kingdom. In making comparisons, the pound sterling is used as base.


France

Source:

Direction Générale des Douanes; Statistique mensuelle du Commerce extérieur.

Unit:

1900--hectogram

1907-1928--kilogram

1935--francs

Notes:

Cumulative series for gold given in bullion and coin. Exports of gold in 1928 have no breakdown by countries and imports have the very large figure for "all other countries" of 421,765 kilogram. Monthly figures for 1900 are incomplete. Quantity converted into value at rate of .32258 gr. per franc 1900, 1907, January-June 1928, and rate of .0655 gr. per franc July-December 1928.

In comparisons with the United Kingdom, the franc data are converted into pound sterling at par for 1900 and 1907 and at the annual average of exchange rate for 1935 and 1928. A correction was made in the November 1935 imports without revising preceding months. This correction made the cumulative figure for November smaller than the preceding month. Referred to in French source as Great Britain.

In comparison with Germany, the franc data were converted into mark and reichsmark at par in 1900 and 1907 and at the annual average of exchange rate in 1935.

In making comparison with the United States, the franc data were converted into the dollar at par in 1900 and 1907 and at the annual average of exchange rate in 1935.


Germany

Source:

Statistisches Reichsamt; Monatliche Nachweise über den auswärtigen Handel Deutschlands.

Unit:

Kilogram

Notes:

In 1900 data are given as gold coin, bars, and plate. In addition, there are

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