Japanese interests are pore vitally affected by the -disturbances in China, far more vitally than any other foreign interests," says the "Chugai Shogyo," the biggest commercial paper inthe land. "These continuous upheavals interfere seriously with the progress of Japan's economic development. The troubles in China today are not merely economic, they are more political than CHINESE SECURITIES FALL, To give a comprehensive survey lof the commercial and financial position resulting from the crisis is by no means easy. To say that busi ness is paralysed is practically true, but there is also the' paradox: that in certain lines it has continued. A certain amount of produce, for jetance, has arrived in Shanghai and when steamers are available is being shipped to Europe and America, the demand having become keen in the consuming centres because of wil not be forthcoming. "This is apprehension that future supplies
jan invariable feature of situation such as at present. As regards im-Ports forward contracts have, ntturally, been out of the quest but deliveries have been proceeding in certain lines where guarantees have been given for payment. Within the past few days Chinese met chants have shown that they are Heeling the shortage of such articles jand piece goods and consequence cases here and there have been cleared... This is, of course, only done as against cash, for native orders—the usual medium in uch a case—are no longer being issued,
Text read from the printed page and cleaned; old type leaves the occasional error.