Now York, Oct. 14. 'The Dutch news agency' Anoia yes 3 ay cuts pak Tesh BelstotAcropia 10/104 1079 K"ameriean Tobacco 02/6" 93/9 time: -Brem. industries avait ive Chinese Eng. & Min. ° 18/6
Mtarsman Investments 1/0 Pekin Syndteat Wesiern Holdings 16/6 pees ae "ae Manila Gold Shares (Sates tu Pesos)
Which fas Been apparent in: various relations of the local exchange situation, 'The weakness of the local dollar ai the iprerent time has been explained with. the monthly import 'Surplus of about U.S.$7,000,000. "It is reelsely. this. import surplus, which Ultimately wilt be cut down' by the control measures, that ponsible quarters to em! ric upon the Fecent exchange policy.
It is not the import surplus, but the endeavours on the part of those people who do not want to, aquiesee in the changed outlook that brings about the hectic demand for United' States dollars attended as it is by the usual hysterical demoralization" of local The outlook fs uncertain, but there are indications that local" quotations oFp fare gravitating towards a new contre Of repose which has to be ultimately established despite frantic attempts to, tip off buying waves by dangling the exchange barometer before the faces of startled operators.
Text read from the printed page and cleaned; old type leaves the occasional error.