(b) Quarter beginning April 1, 1944. such foreign monetary units: Provided, Pursuant to section 522, title IV, of the however, That if no such value has been Tariff Act of 1930, reenacting section 25 proclaimed, or if the value so proclaimed of the act of August 27, 1894, as amended, varies by 5 per centum or more from a the following estimates by the Director of value measured by the buying rate in the the Mint of the values of foreign mone- New York market at noon on the day of tary units are hereby proclaimed to be exportation, conversion shall be made the values of such units in terms of the at a value measured by such buying rate, money of account of the United States as determined and certified by the Fedthat are to be followed in estimating the eral Reserve Bank of New York and pubvalue of all foreign merchandise exported lished by the Secretary of the Treasury to the United States during the quarter pursuant to the provisions of section 522, beginning April 1, 1944, expressed in any title IV, of the Tariff Act of 1930.

VALUES OF FOREIGN MONETARY UNITS (AT PAR AS REGARDS GOLD UNITS; NONGOLD UNITS HAVE NO FIXED PAR WITH GOLD)

$1. 6335 Given valuation is of gold peso. Paper nominally convertible at 44% of face value. Conversion suspended

Dec. 16, 1929.
8. 2397 Control of gold stocks and exports authorized Dec. 17, 1929.
. 1695 By Decree of Mar. 31, 1936. One belga equals 5 Belgian francs. The Anglo-Belgian financial agreement of

June 7, 1940, fixed the rate of exchange of the Belgian franc and the franc of the Belgian Congo at 176.625 francs

for £1 sterling.
.6180 Conversion of notes into gold suspended Sept. 23, 1931.
. 2025 Decree law of October 6, 1942 established the cruzeiro as the unit of currency, replacing the milreis. Official

rate for cruzeiro in terms of the dollar, announced by the Bank of Brazil. is $0.0606. Conversion of Stabil.

ization-Office notes into gold suspended November 22, 1930.
1.6931 Conversion of notes suspended.

.0122 Exchange control established Oct. 15, 1931.
1. 6931 Embargo on export of gold, Oct. 19, 1931; redemption of Dominion notes in gold suspended Apr. 10, 1933.
. 2060 Given valuation is of gold peso. Gold pesos are received for conversion at the rate of 4 paper pesos for one

gold peso. Conversion of notes suspended July 30, 1931.
Silver standard abandoned by decree of Nov. 3, 1935; bank notes made legal tender under Currency Board

control; exchange rate for yuan fixed at 20 to the U. S. dollar by Stabilization Board of China, July 10, 1942.
Treasury notes and notes of the three banks of issue made legal tender by silver nationalization ordinance

of Dec. 5, 1935; exchange fund created to control exchange rate.
. 5714 Obligation to sell gold suspended Sept. 24, 1931. New gold content of .56424 grams of gold 910 fine established

by monetary law of Nov. 19, 1938, effective Nov. 30, 1938.
. 7879 Conversion of notes into gold suspended Sept. 18, 1914: exchange control established Jan 16, 1932.
1. 0000 By law of May 25. 1934.

.4537 Conversion of notes into gold suspended Sept. 29, 1931.
1. 6931 U.S. money is principal circulating medium.

.3386 Conversion of notes into gold suspended Feb. 9, 1932. 8. 3692 Conversion of notes into gold suspended Sept. 21, 1931.

4537 Conversion of notes into gold suspended June 28, 1933. .0426 Conversion of notes into gold suspended Oct 12, 1931,

Provisions of monetary law of Oct 1, 1936, providing for gold content of franc, superseded by decree of June

30, 1937, which stated that the gold content of the franc shall be fixed ultimately by a decree adopted by
the Council of Ministers. Untü issuance of such decree a stabilization fund shall regulate the relationship

between the franc and foreign currencies.
4033 Exchange control established July 13, 1931.
8. 2397 Obligation to sell gold at legal monetary par suspended Sept. 21, 1931.

.0220 Conversion of notes into gold suspended Apr. 26, 1932.
1. 6931 Conversion of notes into gold suspended Mar. 6, 1933.
. 2000 National bank notes redeemable on demand in U.S. dollars.
.8466 Gold exports prohibited Mar. 27, 1931; lempira circulates as equivalent of half of U. S. dollar.
. 2961 Exchange control established July 17, 1931.
.6180 Obligation to sell gold at legal monetary par suspended Sept. 21, 1931.

pended Oct. 2, 1936.

Piaster pegged to French franc at the rate of 1 piaster=10 French francs; conversion of notes into gold sus-
8. 2397 Conversion of notes into gold suspended Sept. 21, 1931.
.0526 New gold content of 46.77 milligrams of fine gold per lira established by monetary law of Oct. 5, 1936.
.8440 Embargo on gold exports Dec. 13, 1931.

VALUES OF FOREIGN MONETARY UNITS (AT PAR AS REGARDS GOLD UNITS ; NONGOLD UNITS HAVE NO FIXED PAR WITH GOLD) - Continued

Currency pegged to sterling Sept. 28, 1936, at 2,522 lati= £100; on Sept. 13, 1939, a law was passed providing

that if the pound sterling should depreciate by more than 5 percent with respect to the United States dollar,
or the Swedish krona, the Bank of Latvia shall take steps to keep the rate of exchange of the lat stable by

basing it on gold or some other monetary unit.
U.S. money is principal circulating medium.
Free export of gold suspended Oct. 1, 1935.
Decree of Aug. 28, 1936, left the monetary unit, the peso, to be later defined by law.
Suspension of convertibility of notes into gold and restrictions placed on free gold exports—Sept. 26, 1936;

gold export prohibition repealed by decree June 28, 1938; prohibition restored by Act of Nov. 25, 1938. The
Anglo-Netherlands financial agreement of June 14, 1940, established the official rate of exchange between
the Netherlands Indies guilder and the pound sterling at 7.60 guilders for £1 sterling By act of Sept. 20,
1940, the Netherlands Indies Volksraad decided, subject to later ratification by law that the Java Bank

shall fix the value of its stocks of gold coin and bullion at Fl. 2.121 per kilogram fine.
Newfoundland and Canadian notes legal tender.
Conversion of notes into gold suspended and export of gold restricted. Aug. 5. 1914: exchange regulations

Dec. 1931.
Embargo on gold exports Nov. 13, 1931.
Conversion of notes into gold suspended Sept. 29, 1931.
U.S. money is principal circulating medium.
New unit established by decree law Oct. 5, 1943, effective 30 days later; not tied to gold. Certain prior-dated

obligations, etc., expressed in the gold peso (oro sellado) are converted as equivalent to 134 Guaranis. Initial
exchange rate fixed by Bank of the Republic of Paraguay at 1 Guarani equals U. S. $0.3255. Exchange

control established June 28, 1932.
Obligation to pay out gold deferred Mar. 13, 1932; exchange control established Mar 1, 1936.
Conversion of notes into gold suspended May 18, 1932.
By act approved Mar. 16, 1935.
Exchange control established Apr 27, 1936.
Gold exchange standard suspended Dec 31, 1931.
Exchange control established May 18, 1932.
Conversion of notes into gold suspended Oct. 7. 1931.
British pound sterling and Straits dollar and half dollar legal tender.
Conversion of notes into gold suspended Sept. 29, 1931.
Order of Federal Council enacted Sept. 27, 1936, instructed the Swiss National Bank to maintain the gold

parity of the franc at a value ranging between 190 and 215 milligrams of fine gold.
Conversion of notes into gold suspended May 11, 1932
100 piasters equal to the Turkish £: conversion of potes into gold suspended 1916; exchange control established

Feb. 26, 1930.
Conversion of notes into gold suspended Dec. 28, 1932.
One chervonetz equals 10 rubles. Notes not convertible into gold.
Conversion of notes into gold suspended Aug. 2, 1914; exchange control established Sept. 7, 1931 New gold

content of .585018 grams of pure gold per peso established by monetary law of Jan. 12, 1938 Exchange control established Dec. 12, 1936. Exchange control established Oct 7, 1931

Persia (Iran).
Peru
Phillipine Islands
Poland
Portugal
Rumania
Salvador
Spain
Straits Settlements
Sweden
Switzerland
Thailand (Siam).
Turkey
Union of South Africa
Union of Soviet Republics.
Uruguay.
Venezuela
Yugoslavia

VALUES OF FOREIGN MONETARY UNITS (AT PAR AS REGARDS GOLD UNITS; NONGOLD UNITS HAVE NO FIXED PAR WITH GOLD)

$1. 6335 Given valuation is of gold peso. Paper nominally convertible at 44% of face value. Conversion suspended Dec. 16, 1929.
8. 2397 Control of gold stocks and exports authorized Dec. 17, 1929.
1695 By decree of Mar. 31, 1936. One belga equals 5 Belgian francs. The Anglo-Belgian financial agreement of June 7, 1940,

fixed the rate of exchange of the Belgian franc and the franc of the Belgian Congo at 176.625 francs for £1 sterling.
.6180 Conversion of notes into gold suspended Sept. 23, 1931.
2025 Decree law of October 6, 1942, established the cruzeiro as the unit of currency, replacing the milreis. Official rate for

cruzeiro in terms of the dollar, announced by the Bank of Brazil, is $0.0606. Conversion of Stabilization Office notes

into gold suspended November 22, 1930.
1. 6931 Conversion of notes suspended,

.0122 Exchange control established Oct. 15, 1931.
1. 6931 Embargo on export of gold, Oct. 19, 1931; redemption of Dominion notes in gold suspended Apr. 10, 1933.
2060 Given valuation is of gold peso. Gold pesos are received for conversion at the rate of 4 paper pesos for one gold peso.

Conversion of notes suspended July 30, 1931.
Silver standard abandoned by decree of Nov. 3, 1935; bank notes made legal tender under Currency Board control;

exchange rate for yuan fixed at 20 to the U.S. dollar by Stabilization Board of China, July 10, 1942.
Treasury notes and notes of the three banks of issue made legal tender by silver nationalization ordinance of Dec. 5, 1935;

exchange fund created to control exchange rate.
. 5714 Obligation to sell gold suspended Sept. 24, 1931. New gold content of .56424 grams of gold Ko fine established by mone

tary law of Nov. 19, 1938, effective Nov. 30, 1938.
. 7879 Conversion of notes into gold suspended Sept. 18. 1914; exchange control established Jan. 16, 1932.
1. 0000 By law of May 25, 1934.

. 4537 Conversion of notes into gold suspended Sept. 29, 1931.
1. 6931 U.S. money is principal circulating medium.

3386 Conversion of notes into gold suspended Feb. 9, 1932. 8. 3692 Conversion of notes into gold suspended Sept. 21, 1931.

4537 Conversion of notes into gold suspended June 28, 1933.
0426 Conversion of notes into gold suspended Oct. 12, 1931.

Provisions of monetary law of Oct 1, 1936, providing for gold content of franc, superseded by decree of June 30, 1937,
which stated that the gold content of the franc shall be fixed ultimately by a decree adopted by the Council of Minis-
ters. Until issuance of such decree a stabilization fund shall regulate the relationship between the franc and foreign

currencies.
. 4033

Exchange control established July 13, 1931.
8. 2397 Obligation to sell gold at legal monetary par suspended Sept. 21, 1931.

. 0220 Conversion of notes into gold suspended Apr. 26, 1932.
1. 6931 Conversion of notes into gold suspended Mar. 6, 1933.

2000 National bank notes redeemable on demand in U. S. dollars.
8466 Gold exports prohibited Mar. 27, 1931; lempira circulates as equivalent of half of U. 8. Dollar.
2961 Exchange control established July 17, 1931.
6180 Obligation to sell gold at legal monetary par suspended Sept. 21, 1931.

Piaster pegged to French franc at the rate of 1 piaster = 10 French francs; conversion of notes into gold suspended Oct. 2,

1936.
8. 2397 Conversion of notes into gold suspended Sept. 21, 1931.

0526 New gold content of 46.77 milligrams of fine gold per lira established by monetary law of Oct. 5, 1936.
.8440 Embargo on gold exports Dec. 13, 1931.

Currency pegged to sterling Sept. 28, 1936, at 2,522 lati- £100; on Sept. 13, 1939, a law was passed providing that if the pound sterling should depreciate by more than 5 percent with respect to the United States dollar, or the Swedish krona, the Bank of Latvia shall tako stops to keep the rate of exchange of the lat stable by basing it on gold or some other monetary unit.