867.5151/158: Telegram

The Ambassador in Turkey (MacMurray) to the Secretary of State

142. With reference to the exchange situation, arrears for imports from the United States in 1938 have been completely liquidated and 1939 applications for exchange transfer permits filed up to February 20 have been paid. Transfers will probably be slow but regular until tobacco purchases start in early December when large transfers are expected.

Inform Commerce.