635.4131/148: Telegram

The Consul General at Buenos Aires (Warren) to the Secretary of State

Subscriptions to loan for unblocking British funds under Roca Agreement closed yesterday with total of 13,526,335 pounds or 171,581,423 [Page 752] paper pesos, amount subject to revision by Exchange Control Commission, in that funds must have been blocked prior to May 1, 1933. Estimated 152,000,000 pesos received in cash, 14,000,000 in internal credit bonds taken at closing rate yesterday and balance in Treasury notes at par.

Warren