Transactions Berlin, May 31.
The German-Manchoukuo trade agreement of July 14, 1938, was extended today to June 1, 1940, when Dr. Wilhelm Wagner, German Minister in Hsinking, and Chang Chin-huei, Manchoukuo Premier and Foreign Minister, signed a special accord.
An official announcement of this this event was made here this evening. It revealed that German branches of the Yokohama Specie Bank had opened credits totalling 45,000,000 marks to finance transactions made in keeping with the trade agreement.
German imports of Manchoukuo products will amount to 155,000,000 marks th the coming year, while German exports to Manchoukuo will total 62,500,000 marks.
The Manchoukuo quota for imports of German goods of a "general commercial character" will be increased from 7,000,000 to 8,750,000 marks.
German imports from Manchoukuo showed a great increase in the past few years, rising from 43.900.000 marks in 1936 to 76,990,000 marks last. year.
Manchoukuo imports of German products increased even more if computed on a percentage basis. rising from 6,700,000 to 27,200,000 marks in the same period.—Havas.
July 15.
"Mr. Rayburn emphasized, however, that the taxes and neutrality hurdles must be surmounted before the Con-pressmen can go home. He said he believed the tax revision bill would reach the floor of the House of Representatives within a fortnight.
Mr. William Bankhead, Speaker of the House, also reported that most Congressional leaders believed Congress could adjourn by July 15. He said neutrality, taxes, relief and social security were the major legislative yet to be solve French Planes Sets New Mail Record Paris, May 31.
Flying a distance of 9,000 miles from Paris to Saigon in 100 hours, 23 minutes, an Air France 12- passenger liner created a new commercial air record The machine was" fying on the company's weekly Far Eastern service from London to Hongkong—Reuter, Positions Vacant Educational For Sale—Miscellaneous
Text read from the printed page and cleaned; old type leaves the occasional error.