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Show JAPANESE SEEK i TO STABILIZE ! MARKET ! Silk Fluctuations Violent and Seriously Affect Interest TOKOHAMA, Oct. 7. An Increasing Increas-ing amount of attention haa been paid n the Importance of stabilising the raw eilk. trMe so that tha market may be made free from the violent fluctuations to which It la frequently suhyect. u)i Diamond, & financial newspaper. V"When tha market alumpa the mer-.rnan'e mer-.rnan'e and manufacturers try to keep r the price of raw silk at a certain level and among theee means are the restriction re-striction of output, and withholding of sales under a certain figure," says Sthe newspaper. "If these devices fall, they ask for government assistance on the around that raw silk la the most Important article of export In the country. The irovernment has been doing- everything to propitiate them. "A the 192 stock Is being disposed ef a new situation haa arisen which pr-nitm 1- -'"p itnmiitf " the season advance. When the eprina- cocoon a appeared on the market mar-ket the raw allk market at Yokohama maintained great activity and hlaii price with the consequence that msn-ufcturera"bouglvt msn-ufcturera"bouglvt cocoons at a very high jrlce. The market alnce haa angered a decline and raw silk Is now quated In the neighborhood of 1800 "yen. The cutting down of output out-put and the restriction of shipments to Yokohama have been agreed upon, hut It la thought doubtful whether these artificial means will be effective In turning the tide of a declining market mar-ket In the manufacturers' favor. "Those who have carefully studied the causes are of the opinion that speculation enters too much into such an important Induatry and trade. For this reason they suggest that the speculative spirit be eliminated to a large extent If the trade ts to be placed on a secure and sound baala "The carrying out of a government monopoly of raw silk may be one of the means that will aecure stabilisation stabilisa-tion of the silk market. This would not only guarantee the Interest of cocoon raisers and silk manufacturers, but the foreign importers also would be protected against loss, aa at present pres-ent they are frequently the vlctlma of a fluctuating market." |