The Archive · 1940

Mir. 739 403. Egyptian Futures

Cotton; American Futures — (Giza, F.G.F. No. 7) No. 2 Contract:

Jan, 11.13 +06.

London Métals;'Tin, Standard, cash, middle price £257%—%i; 3 mths. del., middle price £260%—%e.

Indo-China, he continued, will certainly agree, in the interests of her economic position and against substantial counterparts, to grant preferential tariffs for the entry of some Japanese products, She must be able to do this in absolute freedom and any arrangements she makes must not affect the economic position of metropolitan France. If Indo-China were not granted a customs autonomy, the lowering of her customs tariffs in favour of Japanese goods would have had to be followed by similar measures in France, who would thus lay herself open to a wave of Japanese exports.

"The customs autonomy granted Indo-China will allow the latter to undertake' any negotiations without France's commerce and industry being threatened by them," the writer said.

He announced that a French delegation, which will include at least two high officials, will leave for Tokyo shortly.—Havas.

London Gold: Bar, Fine, per oz. 168/-, unchanged.

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

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