With the yen quoted at 99 Chinese cents, Japanese officialdom in Shanghai yesterday moved to bolster up the flagging currency by urging thrift among their nationals here. Efforts will also be directed to prevent the present heavy outflow of yen currency into areas south of Soochow Creek, which is by officials to be a contributory consi for the weakness of rency in Shanghai.
Measures will dise be taken to restrict the number of Japanese visitors to shanghai, while ric supervision will be exerted on ships and other means of transport to, prevent the shipment of yen to Central China from North China and Manchoukuo Toshio Sooma, resident secre-y of the Japanese Minister of nce in Shanghai, is to leave here today for Japan to confer with officials in Tokyo regarding measures to be adopted, The Central China Liaison Office of the Asia Development Board, the office of the Resident Financial Commissioner, and the Shanghai Office of the Bank of Japan were understood to be ce-operating in carrying ary measures. the Asia. Devélopment l officially sponsor a thrift campaign among Japanese officials. Parties and other entertainments Dr. Van Etten Heads U.S, Mo, May 18. r. Nathan B. Van Etten of New York today was selected unanimously as president elect of the American Medical Association—United Press. should be shunned at this time, A.D.B. officials are, understood to hold. Their views were said by the Tairiku Shimpo to be shared by the Army, Navy and Consulate-General The encouragement of saving and remittances to Japan is also being projected according to the Japanese paper.
Text read from the printed page and cleaned; old type leaves the occasional error.