The anti-Japanese boycott has already resulted in loss of Yon 82,000,000 in trade between China and Japan, The following details may be regarded as authentic:
Twenty thousand bales of cotton cloth have been left on the hands fof Japanese merchants duc to can collation of contracts and this Smiounts to Yen. 7,000,000; 32,000 bales, valued! at 000 have been unable to he ed. 150,000 sucks of sugar, value fat Yen 2,0,00,000, have arrived fro iabroud, 450,000 sacks, valued at Yen 5,000,000 have been withheld, in addition to 40,000 sacks valued' 'Yen 500,000 which hus been rejectest Toeally and 120,000 sacks valued at Yen 1,500,000 held for immediate delivery. Other goods most aifectet fnelude 20,000 halos of marine edibles, valued at Yen 300,000 and 13,000" bales: of foreign' papers valued at Yen 700.000, When all goods are taken into account, the total loss amounts to about Yen 32,000,000, of which Yen 12,000,000 is on goods which hav: been stocked in Shanghai and Yen 20,000,000 on thave undelivered from Japan.
The loss is divided between Chi nese and Japanese traders.
The Japanese are at un advantage because they have the "protection of their Government and most of the larger Japanese firms have enormous reserves. to suffering because, many instances, they are force to hold on to stocks until the boycott period ix over and they take care of losses through de-of taste, Ax! ter of fact, the Shanghai "Nichi Nichi" is responsible for the statement that even if the ant Japanese boycott should continue for another three months, no Japan. ese importing or exporting firm Shang! bankruptey because a financial arrangement has been made to assist them over the period.
'A Good Month's Trading, Tokyo, Aug. 7.
The Ministry of Finance reports that Japan's trade with China for the month of July amounted to 87,945,000 in exports and Yen 13, 288,000 in imports, the balance being Yen 24,657,000 in favour of exports.—Toho.
Text read from the printed page and cleaned; old type leaves the occasional error.