The Archive · 1938

Trade Position

Tokyo, Jan. 14.

Although Japan has not yet been formally approached for a credit of ¥.100,000,000 for the projected Federated Reserve Bank in North China, Japanese financiers will "naturally" support the new institution, said Mr. Toyotaro Yuki, Governor of the Bank of Japan, after a meeting of the Treasury's advisory committee. which discussed the finan situation in North China.

The pla establishing the reserve bank are apparently making good headway," he added Mr. Yuki said the: for pessimism regarding trade, nor was necessity for addition gold abroad.—Domei. no ground pan's own there only hipments of

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