Show JAPANS JAPAN'S MONEY MONn PANIC IS ENDED i I No Mor More Runs Expected Public Reassured Deposits Deposits De- De posits Huge Sums 4 TOKIO April 25 AP AP With With the week three-week moratorium In effect Tokio b bAnkers tod y declared that the Japanese financial panic was wu virtually at an an end endT r No further runs on the banks are expected The The Bank of Japan of Japan Is extending a assistance s sta cc without limit to the needy institutions and the public reassured is huge sums Kenji Kodama president of the the Yokohama Specie p cie 1 bank ank told the Associated As As- sedated Press The financial earthquake was Wu I quite quite severe but that t which remains has stood th te The weak ones have ye gone down j Consequently the ground ground is b much moth firmer S The moratorium will give the government time to prepare and adopt a thorough stabilization plan therefore we believe the is Practically over Furthermore we think that the aftereffect will ce certainly be good for Japans Japan's foreign trade and one Inevitable Inevitable in inevitable In- In evitable result will be a 11 drop In In commodity prices Those speculating Ung on any severe further faU fall of the yen will regret it because basic conditions do no not Justify a lower rate rate This financial upheaval was most startling but we believe Jt it will be good for the entire economic structure S The Bank of Japans Japan's outstanding paper Currency was estimated to today at about yen m. m or 1250 S J.- J. |