A report from San Francisco to the "Japan Chronicle" says that the Specie Bank there has received a statement to the effect that half a billion yen's worth of Japanese goods are in New York warehouses. The same report says that the Japanese ships in European waters or trading on the Atlantic aggregate about 8.000 tons, and it is very hard to get cargo. Many of the vessels will return without cargoes, The manager of the branch of the Specie Bank at San Francisco has invited the merchants to confer on future—transactions. All the financial reports of the papers are hopeful but the real condition is not much improved.
Text read from the printed page and cleaned; old type leaves the occasional error.
