But Other Cereal Grains Said Available, Rome, Oct. 9. The 1940 wheat crop for all Europe, excluding Russia, will be fifteen per cent, below the 1939 crop, the Intarnational Institute of Agriculture announced here y.
The announcement said the Institute does not foresee any pronounced curtailment of Europe's food supplies for this winter, however, because other cereal grains are available. featured the early part of the period Present estimates placed the 1940 under report. A severe drop in ex-wheat crop, excluding Russia, at change was followed by a brief but 1,425,000,000 bushels which is 35,000,- substantial reaction which caused 000 bushels less than estimated at the commodity prices to fluctuate accord-end of August and 275,000,000 bushels ingly. The bullish developments in less than last years crop.—United cotton markets abroad following the Press. outbreak of war in Europe brought about a spectacular rise in yarn prices, but towards the end of the period prices slumped heavily when Exports from Japan of os y" events in Europe took an unfavour-Marine Goods Rise "Tobacco ZJ 85/- able turn. However, I am glad to 30/412 30/3 7101s 27/8 say that there has been a noticeable Tokyo, Oct. 8. 17/1032 18/114 improvement since then, although Exports from Japan of marine pro-58/3 58/0 heavy stocks have accumulated local-ducts showed a marked increase for ly as a result of further tightening of the first half year of 1940, the latest restrictions on movements of goods to statistics reveal. unoccupied areas.
The total value of the marine pro-I will not attempt to say anything ducts exported reached Yen 33,856,000, as to the future. The world today is an increase of Yen 18,923,000 or 135 being rocked by events of tremendous per cent. over the figure for the same significance. The situation is very period last year. complex and further developments Exports of agar-agar, a glue ex-are difficult to foresee. tracted from a sea-weed and used in Gentlemen, this is all that I have the manufacture of jam, also jumped ae to say but, before proposing the 8
Text read from the printed page and cleaned; old type leaves the occasional error.