Japan, Mr. Kern observed, therefore remained the same good customer of third countries "last year, with officials doing everything possible to increase exports" out-Side the so-called Yen Bloc area, in order to secure more foreign ex: change funds to finance imports which consisted principally of raw materials.
The chairman expressed the opinion that this situation was likely to con-inno until the country's goal—selfsuificieney for the Yen bloc region—became more or less a reality.
Concluding his address, Mr. Kern said that there were signs which in Gicated that Japan's economic projects were progressing not quite according to schedules, but that. the country remained determined to ex-conte them at all costs. even if they had to be somewhat delayed.—Reuter, Mendelssohn Bank Creditors Amsterdam, Aug. 16.
No British interests are_ mentioned the long, provisional list creditors of the famous Mendelssohn bank, which has been granted a pre following the death of its director, M, Fritz helmer.
The list, which has been deposited with the registry, reveals that the frm has sold considerable amounts of foreign treasury bonds, which, many cases, it is under obligation to} repurchase.
The amounts mentioned in the tis, which are virtually liabilities, total about 65,000,000 "guilders. French bonds account for $7,100,000 guilders, Belgian bonds for "6,100,000, and Argentine bonds for 1,100,000 guilders. Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.