Record of ¥.2,000,000,000 by End of This Year Tokyo, Dec, 9.
As a reflection of prevailing financial activities the note issues of the Bank. of Japan continue. increasing and threaten to reach the record figure of £,000,000,000 yen by the end of the year.
The only previous higher balance was the 2,600,000,000 yen of the 1927 financial panic, considered an emergency issue and hence exceptional, The month-end balance in January this year was 1,401,000,000 yen, which was 115,000,000 yen higher than for the same period of the preceding year. Subsequent month-end balances have been higher than on corresponding, dates in 1935 by from 76,000,000 yen 117,000,000 yen, Even Bank of Japan authorities say that the year-end balance will go to 900,000,000 yen basing the prediction on conservative estimates, Tnereased commercial transactions andi higher prices of commodities are iglven as the causes for the Increase,
Text read from the printed page and cleaned; old type leaves the occasional error.