The country's trade balance during the second 10 days of December was adverse to the extent of Yen 5,000,000. This fact really does not call for comment, for it is natural that, during this time of the year, imports into Japan exceed exports in value. However, it appears likely that, due to the continued ab-tention on the part of both New York and Lyons, as buyers of raw silk, combined declining prices and unfavourable exchange, the difference in vahigs between
Text read from the printed page and cleaned; old type leaves the occasional error.