ILLEGAL TRADING
JAPANESE CEMENT FIRM
CHIEF HELD ON SUSPICION
(Received August 29, 1.25 a.m.) TOKIO, August 28. The police have arrested Yonetaro iTakiyama, managing director of i£he Asano Cement Company, on suspicion of illegal transactions in cement, the prices .of which. are officially pegged. It is alleged that he sold 600,000 bags of cement valued at 1,000,000 yen arid made a profit of 300,000 yen. During' two years of economic control the police have handled a- total of 480,000 cases and 50,000 people have been imprisoned or fined. The Asano case is a prelude to stricter enforcement of the law. '
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Bibliographic details
Evening Post, Volume CXXX, Issue 52, 29 August 1940, Page 9
Word Count
100ILLEGAL TRADING Evening Post, Volume CXXX, Issue 52, 29 August 1940, Page 9
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