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FINANCIAL CRISIS IN JAPAN

AID POB MCK'EXCHANGE'' ' CORPORATIONS.' V ■New' York, May 13. . The. Tokio', correspondent of the New York'"Times" states'that the -.Stock Exchange 'market opened on May 10, and the cottoii' and' silk markets 'on May 7. The Bank of Japan has lent nearly 130 .million.yen to Stock Exchange tions and susar merchants, and. has in-/ .'creased its credit" to exchange banks by 250 million yen since March 15. The ..call loan rate is now 7 1-3 per cent., liav'iiiK fallen from 12 per; cent—Aus.-N.Z. Cable. Assn'l ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19200515.2.29

Bibliographic details

Dominion, Volume 13, Issue 197, 15 May 1920, Page 7

Word Count
88

FINANCIAL CRISIS IN JAPAN Dominion, Volume 13, Issue 197, 15 May 1920, Page 7

FINANCIAL CRISIS IN JAPAN Dominion, Volume 13, Issue 197, 15 May 1920, Page 7