JAPAN'S TRADE OUTLOOK.
MARKED INCREASE IN INDUS TRIAL ACTIVITY.
(Austrnlian and N.Z. Cubic Association.i
(Received April 12, 9.20 a.m.) TOKIO', April 11
Yejiro Clio. President of the Industrial Rank of Japan, interviewed, said the next two months would see a marked increase of industrial activity.
"Nevertheless." be stated, "the general recovery of industry is retarded by the high rates of interest. Stabilisation of the yen around- forty-two cents, however, enables manufacturers to compete successfully in neighboring markets. It is somewhat surprising that foreign capital is comparatively uninterested in Japanese private industrial stocks, which now yield' ten per cent., representing an increase of three per cent, above the preoarUiquake era. "It is probable Japan, within two years, will seek another large foreign loan, which probably will cause, adverse trade balances, which will gradually decrease permitting Japan ultimately to recover. - '
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19240412.2.43
Bibliographic details
Poverty Bay Herald, Volume L, Issue 16406, 12 April 1924, Page 7
Word Count
138JAPAN'S TRADE OUTLOOK. Poverty Bay Herald, Volume L, Issue 16406, 12 April 1924, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in