CO129-625-1 Trading Reserve Fund 1-5-1950 - 31-10-1951 — Page 7

to a pity f

the proposed "Trading Resene hund

onginally agreed to to unes posible loves

-

which was

Sort trading in

concatual comoditas - mainly food rexenes - was to to overdrawn.

in order to meet any financial loss resulting from the liquidation of

or adum folance in the open

accont

Wall,

7

27/6.

Regy.

Attach 17284 and

se-eire.

eine.pl.

lawwan

2716

Mr. Hall

The adverse

balance

αγ

315%. May

was $1. s. 8, 366,

000

see the

detailed statement.

17284/51

ar (82) an

Negotiations for the Payments At quement

are bossed down

moment, over

in Tokyo av

convertibinh

stating balances

I am

the

atilicity of Japan's

as usual,

and

to predict

rash enough

to

solue

nov

how long it will take

I

this difficult.

Meanwhile

as (84)

an

12284 shows,

ше

have told

to cany

on

the

two (way

Hing Kong system.

Jauhan

28/6