ECONOMIC ACTIVITY OF SATELLITE COUNTRIES IN ITALY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R005600560011-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 9, 2016
• Document Release Date: May 6, 1999
• Sequence Number: 11
• Publication Date: August 23, 1950
• Content Type: REPORT

CONFIDENTIAL
INTELLORT 2/Approved For Release 1999/0 : CIA-RDP82-00457R005600560011
? CLASSIFICATION gge, It/cm:A.11m U., S. ()mama ONLY 25X1A
CENTRAL INTELLIGENCE AGENCY REPORT NO.,
INFOR ATOM REPORT CD NO.
COUNTRY Italy
SUBJECT Economic Activity of Satellite
Countries in Italy
PLACE 25X1 A
ACQUIRED
DATE OF
INFO:
RETURN TO CIA
DATE DISTR. 23 August 1950
NO. OF PAGES 1
LIBRARY (LISTED BELOW)
NO. OF ENCLS.
SUPPLEMENT TO
REPORT NO.
25X1 X
1. In early June 1950, Italeop,* a "Communist commercial organization in Rome,"
offered oats of Soviet origin te be sold. at a price below that of the world
market. lore recenitly Italcop had 50,000 tons of white wheat flow. available
for sale in Italy. The flour was of Soviet origin, Slard wheat, No. 5 VP@
with a maxisatmt protein content of 1.1 per cent and with 2.5 per cent incinera-
tion remains.' The flour was ground, out 72 per -eent and. was packed in cotton
bags of 100pounds each. The price was $1625 per 100-pound bag. Like the oats,
which was disposed of entirely on the Italian market, it is obvious that the
wheat was dumped, since the world. market price for wheat flour of a qvillity
inferior to that of the above and packed in less expensive gunny bags is at
least $5.00 per 100-pound, bag. For purposes of disguising the Soviet-directed
dumping, the firms involved were advised. to offer the flour as belng of Cana-
dian origin. This advice was followed.; samples of the sacks bore the 1321g1ieh
inscription, "Canadian Flour" and such incorrectly written labels as "Net
Weight 100 lieetree.
2. In connection with the request of the Rumanian Ilmbassy in Rome for engines
fox. Spitfire and. tledwin 60 aircraft and for aircraft machine guns,*.it is re-
ported that negotiations are being ,,arried on with the Officine ,Aeronavali of
Venice for the procurement of this material.
In connection with the attempt of Csechoslovaki.a to obtain calophory in /taly,***
it is reported. that the Czechoslovak state ,trade corporation, Chemapol, joint
stock company forl the import and export of chemical products and. raw lauterials,
Bratislava (Pressburg) branch, is the buyer. The amount requested was increased
to 5,000 tons, and of the types demanded, the I type was cancelled. while the HI
type portion was increased to 30 per cent of the total amount.
The Angelo Turani firm in Bergamo is reported to have furnished the hides re-
cently bought by Czechoslovakia.****
Comment: This is preauab3y identical with ITALCOOP,
reported, on in
25X1 A
Comment: See paragraph six.
Comment: See paragraph two.
ogeeGomnmenz See paragraph tyro.
25X1 A
25X1 A
25X1 A
CLASSIFICATION
STATE
NAVY
NSRB
i
41M001700NTROL'.i.IS;
DISTRIBUTION
OFTTOT,A.TA ONLV
ARMY
X AIR
This document Is hereby regraded to
CONFIDENTIAL in accordance with the
letter of 16 October 1978 from the
Directol of Central, intelligence to the
ArchivnavedtFtostRelease 1
Next Review Date: 2008
CONF)pENTIAI:
999/09/09 : CIA-RDP82-00457R005500560,0117.1
SEE REVERSE FOR DECLASS" T CATION ACriut1
Approved For Release 1999/09/09 : CIA-RDP82-00457R005600560011-1
This document is hereby regraded to
CONFIDENTIAL in acco:dance with the
letter of 16 October 1978 from the
Director of Central Intelligence to the
Archivist of the United States.
Next RevieW at: 2008
Approved For Release 1999/09/09 : CIA-RDP82-00457R005600560011-1