The more the recent slump Japan is studied, the more widespread do its effects appear. Not only on the stock exchange and in silk and yarn is the collapse to be seen, but it is observed in sugar, the rubber market, the worsted industry, beancake, camphor, wheat, fertilizers, gunny bags and land—to mention those that are receiving the greatest attention.
It is difficult to foretell when the Japanese sugar market will revive, if at all, the "Japan Chronicle" siates. It must be noted that leading merchants are all holding off in view of their lack of faith in the lasting value of sugar under the prevailing circumstances. The experts say that the Japanese sugar market has hitherto been ing an unnatural boom, notwithstanding tha general discouraging factors which surrounded it. This was chiefly due to the firm tone of the foreign market. But fate has at last overtaken the Japanese market, as is shown in the present movements.
Text read from the printed page and cleaned; old type leaves the occasional error.