ECONOMIC NOTES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83-00415R013900110002-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: December 16, 2016
• Document Release Date: December 15, 2004
• Sequence Number: 2
• Publication Date: January 16, 1953
• Content Type: REPORT

FO RM NO.
51.61
MIY 1949
Approved For Releise 2005/0
CLASSIFICATION SECRET
,710 b u NTRY Yugoslavia
'4
I"SUBJECT
PLACE
ACQUIRED
DATE
ACQUIRED
25X1
A 13882
CENTRAL INTELLIGENCE AGENCY
25xf EPORT
INFORMATION REPORT CD NO.
Economic ).otes
25X1
25X1
25X1
DATE DISTR. 16 Janauary 1953
NO. OF PAGES 1
NO. OF ENCLS. 1
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO.
THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE NATIONAL DEFENSE
OF THE UNITED STATES WITHIN THE MEANING OF THE ESPIONAGE ACT 50
U. S. C.. 31 AND 32 AS AMENDED. ITS TRANSMISSION OR THE REVELATION
OF ITS CONTENTS IN ANY MANNER TO AN UNAUTHORIZED PERSON IS PRO.
HIBITED BY LAW. REPRODUCTION OF THIS FORM IS PROHIBITED
THIS IS UNEVALUATED INFORMATION
THIS DOCUMENT HAS AN ENCLOSURE ATTACHED-
nn inn nCTAPII
25X1
25X1
Attached hereto for your retention and for whatever interest it may hold
is a report containing economic notes.
25X1
CLASSIFICATION sECRETI
STATE
NAVY
NSRB DISTRIBUTION
ARMY
AIR
ORR
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3
25X1
25X1
25X1
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3
25X1
The
vbid
flight of orker
unkept promises, ar primitive living cnnditions. The miner's calling h..$
no attractions for young men, because a miner earns hardly more than a common
laborer. The workers are mostly untrained. Under these conditions production
an hardly be inc eased without modern machinery. The economy, however,
requires imore and more coal, because the socialised industry is steadily
being ardor
A building vorter get 106 dinars per cubic meter, and the daily norm is
.5 cubic asters, In the great *WM mail mines, where conditions cparatively
are the beat, a mdner jets 96 dinars per eUble meter and the daily norm is
146 cubic utters. The rewards of building work are better by 58 percent
than those Of coal mining.
te of the "socialised a onomy wages are not f*irly and uniformly regale
* the average monthly wage at a miner is the bauxite mines is 5,870
ovac coal eines it is 3,800 dinars, and in tU--aalre* coal mines it is
In contrast, a stilled workman in the Rad* Ienear electrical factory
ives 6,600 dinars a month, and a seal-skilled workman gets 4,500
rates are exclusive of allowances for families and children,
cerned about increasing the coal produt ion of
the past year. The cau.ses were inadequate nan
the mines, poor labor management, inadequate Pay,
A new central hydro ;station is being built at ftsenica, near alribor. Ibtensive
conetruction vett is **lug on. The metalwork for the station is supplied by
teskeilec Works.
25X1
811;CRIIM
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3
25X1
pertment for electrolytic copper has e?need at the
capacity of the old plant was i te, and for
esary to export raw copper instead of eleetrolyte,
of exchange to the eountry. A ton or electroytie
of raw copper. The new installation wiU have a
ye
6. A 0019er wire
T.
onstruction by the s
to be built at Svetosarev (formerly JsodinaJ.
of a copper treating plant at Sevonja (sic) i planned.
6 that the Bar mining works by the end ef4lhis year will have
per and eyrite than was originally planned.
of the teioslav copper sptua finds its way to Vienna,
prince on the illegal market to Ceeehoslovik, Nungerian
this way regoslavia acqairii'neoeiderible amounts-of
eertain whether this is a legally organise& government
operation by leading individuals in Belgrade
t kinds of atIlllery ammunition are beingmade at the
t neer Sarajevo. --ffirftEnt employs 1,450 workers
and artillery ammunition.
11. the 'theft agricultural machinery rectory at Nevi Sad has ma hinery of various
kinds on hand 'worth 300 million dinars. The aachines are standing uncovered in the
open, expoted to the weather, and many of then have already rested because there
are no buyers for them, although the country suffers from a shortage of farm
maOhinery. The factory matagement recently made a 10 percent reduction in wages.
roce sea
s f the economic Council are worried over the threat of a national food
? They would like to use the credit of $99,000,000 provided for the
raw material* to buy foodstuffs. The government expected 4 much
t. The daaage from drought is officially estimated at 140 billion
however, was not the only cause of the poor harvest. The ill
trihution, and the expulsion of the industrious Swabiaus and
an minority, and the partition of their confiscated fields
untaught South Slays are the reasons why Yugoslavia's
tion has deereased each year since the seizure of power by
if grain and previsions to the amount of 390,000,000 have
economic 'strength of the country will be weakened, ana
of raw materials, without which industry cannot produce and the
quipped will have to be cut hmak.
been ordered for 16 to 20 January 1953. ven the number
u private ownerships by cooperatives and by collective
On the other hand, the government in recent months has
to the number of 30,000 head, to Greece, and has bought
exchange acquired thereby.
A livestock ee
to keep pace with the requirements of modern life
reason is the bad condition of the vehicles. The
red by MBA in 194, and 1946 are worn out; besides ,
have been vat off. They used more than 30 liters of gasoline
25X1
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3
Approved For Releaie 2005/02/17 : CIA-RDP83-00415R013900110002-3
25X1
25X1
Approved For Release 2005/02/17 : CIA-RDP83-00415R013900110002-3