The Archive · 1941

Metals from Far East

Mr. Jones said that the Metals Reserve Company, until the close of rusines April 30, made commitments to acquire: Chinese antimony, of which 6,796 tons, costing US$1,903,000 already have been delivered; Philip pine chrome now on order, totalling 148,000 tons and costing US$3,166,000; Far Eastern manganese ore totalling 393,940 tons and costing US$20,533,000, of which 173,866 tons already have been delivered, 48,450 tons are afloat and 393,940 tons were on order; and Far Eastern tin totalling 113,350 tons and costing US$168,000,000, inclusive of 93,024 tons for which purchase contracts have not yet been executed.

The company also made commi ments for "antimony, wolframite, tin—Chinese" in respectively undetermined quantities at a total cost of 'US$90,000,000, the report said.

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

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