Tokio, July 3.
The Tokio Exchange has re-opened for August-September bargains. Yesterday September delivery opened at 23,80 and rose, in an hour, to 26.60 when eellers were flooded with provincial orders ausing prices to break badly; the quotation for Beptember delivery at the close of the market being 22.34 with a downward tendency for spot. January-February delivery was quoted Y.18.90 in anticipation of the abolition of the import duty.
The Osaka Exchange was also reopened but, on September being of-
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