About 87 per cent. of the bonds issued by the Government last year were absorbed, he pointed out, While this was satistoctory, Mr. Acid said, It would be necessary to increase the absorption of bonds this year.
Foreign trade showed an improvement over the previous year, he said, But the balance between exports and imports with nations outside the yen bloc was unfavourable, Total exports up to December 25, 1939, amounted to ¥.3,700,000,000, a: increase of 34 per cent, while imports amounted to ¥.2,900,000,000, an Increase of 10 per cent.
Exports' to countries outside the yen bloc, Mr. Aoki said, were valued at ¥.1,790,000,000, an increase of 19 per cent. compared with the previous year—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.