Show I BANKER EXPLAINS I JAPANESE PANIC Sees Early R Recovery covery for Nations Nation's Finances TOKIO Nov t 13 At 13 At the annual meeting of the shareholders of the Yokohama Yokohama Yokohama Yo Yo- Yo- Yo kohama Specie bank recently Mr l KaJiwara Kajiwara Ka- Ka president of th the the- bank banle said aid that i iI I I although in the first three months of or I this year the financial l situation n in inI i I I Japan was very prosperous iJ J. J the h total capital for undertakings amounting to yen an x x- x I excess oC oti imports had alarmed the financial market resulting in the present economic crisis As a consequence he lie said and i leading business firms bec became mo bankrupt bankrupt bank bank- bank I rupt while the stock silk ad cotton markets slumped stumped badly I I Assistance had hail been given by tho I I I B Bank of Japan and other leading banks said eaid Mr Kajiwara but the unfavorable unfavorable unfavorable able conditions for fori trade still exist On the other hand I he pointed out steady investment for short t terms Is isI being ge generally desired and short t term treasury notes to the value of pf llO 1100 have been Issued by the govI gov gov- emment j I Referring Inferring to to the foreign trade of Japan Japan Japan Ja Ja- Ja- Ja pan Mr Kajiwara said that Japans Japan's trade with foreign countries for tor tn first half of ot this ye year r was 18 a record The Tho total amount of t the lv value lue of the trade with foreign countries was vas 2 z- yen Of Ot this amount I 1 I yen was for exports and 1 yen was for or imports so that tho latter exceeded the former by yen T These ese figures res show an ans Jn s n. n exports exports' over the corresponding corresponding corres corres- I g period perr d of last year ear by yen yep i |