The Archive · 1927

The Yen Cross Rate

'The tactics of the speculators were due to a rise in the value of the" yen, to nearly US. $46 100" yen. Tt was brought} about by the release of. the first 5 million gold dollars, representing' a portion of the loan granted By New York to the Tokio Elec-trio Power Ca, The amount in itself 4s insignificant and certainly inufficient to influence the trend of the yeni, Therefore the effect. actually the land of the Ri ing Sun. The tent, reflected in the local market, export of raw silk from Japan is! there has been a better tone and ess has been tran-taking place at a weaeetnat [rather more bu sacred. European buyers seem to slow pace only and at reduced price levels—similar to conditions think that bottom prices have now the silk trade breva 1 now in been reached and they are irciined to take a little rf sre interest in the China.

'The export from Japan of other staple goods, as for instances t|market, Ameried also is paying' more attention to China Silk making cotton yarn, has also much declined the outlook for business look a little of lat Observers estimate that in the of the past 3 or 4 more hopeful all round.

course of the weeks exports of cotton yarn from Produce Japan have declined by about tw: Although far from active, the 1o-Is in volume; this is probably' ical Produce markets are somewhat [due to the unstable state of al Ness stagnant than has been the case the interior of China.

Stocks of for some weeks.

Jcotton yarn in Osaka, on November!

Prices for Hides are firmer and 30, were: 45,000 bales, as compared buyers abroad are showing interest [with 12,500 bales on the same date Jat better levels, apparently finding of the preceding year. it necessary to secure further sui plies, Deliveries are arriving Silver Prospects {fair quantities.

Considering the heavy buying of There is nothing of interest to re-yen and other foreign currencies by port in Furs and Bristles. {the local speculators it is surprising 'A small volume of business has Ithat silver prices: abroad showed }been doc in Tientsin in Groundnuts whose death P, C. Read subsequently adequately" avenged. A. deputation of officers, consisting of Inspr. Taulier, M.' Fuynel, Set. Henri, Brig. clu Rocher,' and Constable Asdrubel visited 'P. Read at 4 pin, and very informally. expressed their appreciation of watch and chain and a silver cigarette case, suitably inscribed. in Shell, but no business is reported locally. "Buyers prices for Kernels Jare out of line with local ideas.

There is a fair inquiry for Duck Goose Feathers, but thi ited by reason of the high prices now Practically no supplies of Dried] Egg Yolk are to be had in Shanghai and prices in Europe are steady. /Stocks of Albumen. abroad appear to be sufficient for current requisehas been transferred, on December 13 aboard the N. ¥. K. 8. Hakozaki Mara. His place will be taken by Mr. Z van den Berg, who for several years was Mixed Court Assessor in Chinese civil cases.

Miss Winifred Wygal and Miss Ruth Fertig have been visiting the 'Young Women' tion in Shangh: Wyeal is a national student seeretary of the American Young Women's Christian Association and has represented it at international student gatherings in Europe. She is specially interested in student life in the Orient. Miss Fertig has been 'a member of one of the recent "student pilgrimages" conducted each summer by the American Y.W.C.A. for sending a chosen group to Europe to study social conditions. They are sailing for South China to-day and are on way- around the world,

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

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