The Archive · 1938

Fear of Complications Diminishing

_Japan Stock Market Reacts To South China Events Tokyo; Oct. 20.

Confidence is growing in Japanese Circles that the Japanese operations in South China will be managed without any international complications.

This is reflected, for instance, in the stock market, to which the prospect of Anglo-Japanese entanglements has been a nightmare. Now the market is showing a strong undertone, with prices gradually, rising.

Replying to a question at the press conference this morning, the naval spokesman said that hitherto there had been no sign of international complications as result of the invasion of South China, hope and believe that Third Powers will take every precaution to avoid trouble with the Japanese fighting forces," he said.

Text read from the printed page and cleaned; old type leaves the occasional error.

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