The Archive · 1938

Mining Subsidy Planned in Tokyo

Tokyo, July 26.

The Ministry of Commerce and Industry "will grant a subsidy 'Y¥.1,800,000 to mining companies with a view to increasing annual produe~ tion to 181 metric tons annually, cluding 75 tons in Korea, it was anhhounced Jast night.

The subsidy will be given to mining companies soon at the average Tale of about ¥.18 a metre of new Its oF shafts constructed—Domel, 'The stock of rubber in London on' July 23 totalled 61,078 tons, showing an increase of 258 tons, while the stock at Liverpool was listed at 32,605 tons, Tepresenting a decrease of 234 tons.

British rubber deliveries during the week ended July 23 totalled 1,184 tons, compared with 1,078 tons during the previous week.

Deliveries in' London during this period totalled 751 tons, compared with 614 tons during the previous week—an increase of 197 tons.

Liverpool deliveries, with a total of 433 tons, revealed a decrease of 31 tons from the previous week—Reuter, Turko-German Trade Accord Signed Berlin, July 26.

A Turko-German—'Commercial 'Agreement, providing for the exchange of' goods on a reciprocal basis,.was signed yesterday—Reuter.

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

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