Tokyo, Dec. 18.
Japan's cotton piece-goods exports in 1936 set a record of a little over 2,700,000,000 square yards, but the total for 1937 is not likely to reach this mark, It is hoped, however, that there will be an increase in value.
According to investigations by the Japanese Cotton Piece-goods, Guild, the total quanti! shipped up to December 10 was 2,471 654,000 square yards, a drop of 43,951,000 square yards (1.7 per cent.) compared with the same period in 1936, Assuming that there will be a shipment of 192,192,000 square yards during the rest of the year as in 1936, the total will be 2,663,847,000 square yards, a decrease of 43,951,000, (1.4 per cent.)
On the other hand, the value up to December 10 was ¥.539,685,000, nearly '£32,000,000, an increase of ¥.92,669,000 (20.1 per cent.) compared with the corresponding period of 1936.
The heavy increase in value is aseribed'largely to the higher cost of raw cotton for which Japan's import control was partly responsible. Another reason is that there has been a fall in shipments of grey cloth and an increase in shipments of finished goods. The Japanese Press states that the increase in value is welcome, because Japan has often been accused of "dumping."
Tt is stated that Japan still leads Britain in quantity—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.