Osaka, April 23.
The Osaka Stock Exchange still remains closed and the governors are endeavouring to secure large financial assistance from the Bank of Japan.
The demoralization of cotton yarns is causing widespread uneasiness in the textile industries throughout Japan. Many weaving centres report temporary shutting down of the factories. Not only cotton but silks are greatly affected, for instance the famous brocade manufacturers of Kioto will temporarily suspend work from May 1.
The present economic—_disturbance is proving a serious blow to the Government party though it is most unlikely, that the opposition will emerge victorious in the coming election. Many candidates, both on the government and opposition side, have withdrawn from the contest because the diminished value of stocks has deprived them of campaign funds which are estimated to amount to 50,000 yen on the average for each candidate.
Text read from the printed page and cleaned; old type leaves the occasional error.