Osaka, Apr, 19.
Acting on a suggestion made by the Government, the Nippon Yusen Kal-cha and Osaka Shosen Kaisha have decided to reduce their freight rates fon cotton yarn and piece-goods exported to Shanghai, Dairen, Bombay, Calcutta, Colombo and Rangoon by one yen per ton, effective from May this reduction will make—the freight rates on these commodities India ¥.13.50 per ten and Shanghai ¥.7 per te in addition to the ten per cent. rebate already. existing, The vote to Dairen will be ¥.6. per ton—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.