832.5151/645: Telegram
The Chargé in Brazil (Gordon) to the Secretary of State
Rio de
Janeiro, June 1, 1935—1
p.m.
[Received June 1—11:50 a.m.]
[Received June 1—11:50 a.m.]
147. My 144, May 27 [29], 7 p.m.65 American frozen credit returns for São Paulo just received by Bank of Brazil. They amount to roughly $8,500,000. The grand total of all American frozen credits in Brazil is therefore approximately $19,000,000. This latter figure, of course, excludes American frozen credits covered by closed exchange contracts which, as reported in my 146, May 31, 5 p.m.,65 amount to approximately $7,000,000.
Gordon