The Archive · 1938

Textile Exports Drop

Tokyo, Dec, 9.

Export sales of Japanese cotton piece goods decreased by more than one-fifth in volume, but less than one-third in value, during an eleven-month period this year as compared to the corresponding months of 1937 according to figures released today by the Federation of Cotton Manufacturers.

A total of 1,878,727,000 square yards valued at Y.352234000 were shipped abroad of which 1,584,867,000 square yards valued at Y.276,765,000 went to foreign markets other than the "yen bloc" countries, the announcement said.

The volume of overseas shipments during the January-November period fell by 526685000 square yards as compared to last year. Of this quantity 486487,000 ' square yards went to "non-yen-bloc" countries, resulting in a drop of 218 per cent The decrease in valuation this year was Y.172900000, of which Y.162,- 116,000 were exports to places outside the yen bloc or 329 per cent. less than last year.—Domei.

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

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