Washington, Sept. 8.
Figures reaching the Department of Commerce here today revealed that during the year ending July 6, Japan issued deficit bonds valued at $3,129,- 998,000. The period concerned covered the first year of the Sino-Japanese hostilities.
The Bank of Japan accepted $2,288,- 000,000 worth of the deficit bonds and resold $1,809,000,000 worth. The Japanese Post Offices disposed of another $241,986,000 worth.
Since July 6 the Japanese Finance Ministry announced an additional issue of Y.400,000,000 "China incident Bonds."
The Government of Japan méan-while was reported to have sponsored a successful campaign of thrift and savings during the first year of the hostilities. Postal savings deposits at the end of July amounted to $4,- 683,370,000 which was an increase of 5100,662,000 over June, 1938, and $65,138,000 above the figure for July, 1937.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.