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The Chargé in Uruguay (Reed) to the Secretary of State

76. According to the Bank of the Republic import quotas of controlled foreign exchange for the month of September have just been granted to 12 countries excluding the United States. Quotas total 497,000 pounds of which 160,000 are for Great Britain and 120,000 for Germany. The bank advises that there is a balance available from the free exchange quota of 280,000 dollars previously granted to the United States for agricultural machinery and urges importers to submit applications therefor.

Reed