Mr. Fusakichi Matsuoka, Director of the Toyoda Loom Manufacturing Company, left Japan for Tsingtao yesterday {0 establish an auxiliary Concern, capitalized at 500,000, the Shanghai Mainichi reporied.
The Y.15,000,000 firm has already taken over the Chinese Lisheng Iron Works in the Shantung port—Domel, 'Tokyo, Fob, 21, Need for maintaining the yen ex-Jchange rate at 1s 2d and increasing' exports to improve Japan's inter~ national payments was emphasized Mr. Toyotaro Yuki, Governor of the Bank of Japan, at a general meet. jing of shareholders of the bank to-
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