The Archive · 1928

Business Suffering

Japan's business with China is already suffering as a result of the unfortunate Tainan clash and advices, have been received to shipping orders and to cancel contracts, especially in regard to silk. and rayon piece goods. It is said that shipments will be reduced not only to China, but aleo to the South Seas where business is done principally through Chinese houses.

Negotiations for cotton goods, sugar, sundry grads and other articles especially along the Yangtze, have dropped largely, according to the local papers, and the view held here is that there will be a bigger falling off in the near future. Goods from China to Japan ars also on the decrease. The N.Y.K. liners bound for Shanghai are carrying heavier tonnage than they have done for some time, but it is explained that these represent orders whose deli very has been held over. The N.Y.K.

as called off its Osaka-Hankow direct service for the present. press state that the Canton-longkong air mail and passenger service will shortly be inaugurated.

Tecerwomic sr: between Tsingtao and Tainan baa een restored, says a telegram received by the Chinese press from the former plac Tue Mayor of Nanking is reported by the Chinese press to have issued an order to kia subordinates, warning them that, if they fail to attend office reyutarly and punetually, they wi be di ed at the rate of G per cent. It is understood that the issue price in London and New York will be 89 aut in Japan 91,—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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