The Archive · 1938

Chief Manager SIR VANDELEUR M. GRAYBURN

Branches and Agenctes Ipoh Rangoon Johore Saigon

Kowloon Kobe S. Francisco Values improved in the silk market in sympathy with other markets, together with reports of more lively interest for actuals from weavers and knitters and the increased reserve of sellers. The turnover was small, amounting to only 11 contracts. At the close, quotations were from unchanged to 3 points up.

New York Cotton New York Rubber Jan. 832-32 403 Jan. 1615B. +19 Mar, 821-27 403 Mar. 1613-18 +17 May 89010 +02 May 1612-15 114 July 783-3 +01 July 1616-18 +17 Oct. 75020 +02

New York Sugar No. 4 New York Mar. 108-09 +11

Dec, 113-3

May 1.10-1014A 41

Chicago Wheat Chicago Corn May 6675-67 May 514-5134 July 6614-66%—i& July 5239-5015 +44

Winnipeg Wheat May—6214-0254 July—631-63 B—Bld A—Asked.—Reuter, Large Staff of Firm Rouses Suspicion in U.S.

Washington, Dec. 6.

Administration officials are stated to be watching closely the efforts of Italian armaments firms to push sales in El Salvador, which is within easy air-raid distance of the Panama Canal.

The Italian Government does not maintain a military or air mission there, but the sales staff of an Italian arms' firms, consisting of four men, headed by a Colonel of the Italian Army Reserve, is felt to be larger than any anticipated profits would warrant, and the suspicion has been aroused' that it is subsidised by the Italian Government.

Relations between El Salvador and the United States have been strained for nearly ten years—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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