One Large German concern which has just established offices in Tsingtao is making arrangements to with Foreign exchange transactions will be concentrated in the Bank of Japan through the Yokohama Specie Bank, although exchange bankers will business as usual on a commission basis, The Japanese Government will bear all losses and take all pro-fils in. connection "with exchange Auetuations, The move was taken, in effort 10 bulld up Japan's foreign trade, which had been hampered by the inability of bankers to deal with exchange futures—United Press, Indo-China Imports Exempt from Control Toyo, July 7.
French Tide-China Imports "from Japan under special circumstances Will be exempted from the export control system promulgated by the Commerce and Industry Ministry on July 5, and placed into effect today.
Under the revised trade control system, which was announced in the offcial'gazotte today, the Ministry has added 71 items to the export control ist, and iso Introduced a. licensing jsysiem applicable to exporters of 340 specie export articles to markets outside the. yen bloc, 'Ministerial sources explained that Jaithough Japan in the past has tried to maintain the "free trade principle" Jas far as possible regarding commerce with markets outside the yen bloc, the changed international situa: Won' as a sequel of the outbreak of the Soviet-German conflie, now compels the government to introduce ad. Justments in order fo secure the flow of necessary commodities within the Manchoukuo-China-Japan area, was explained that the new reulations are left sufficiently elastic fo accommodate the actual supply and demand situation in the Far East, and consequently officials are _con-vineed that the ruting wild eliminate many shortages in essential supplies needed in the Far East, which other wise might Occur as a result of the International -situation—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.