The Archive · 1932

Japanese Bank Failures

Tokyo, Mar. 7.

The Bank of Japan has 100,000,000 yen to certain banks in "western" Japan in order to en able them to carry on business, of these banks, with a total} capital of 30,000,000 yen, were come pelled femporarly 10 close that tovwithdvaw their funds, jeers following vans siters

'The run on. these" banks attributed toa panic caused by Feporta of Jotses they' had sustained owing to economic' depression:

Public uneasiness was also intens= fed by the failure of a proposed: merger of tro of the banks: Reuter,

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

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