Deseret Evening News | 1901-04-25 | Page 1 | 20 Japanese Banks Suspend

10 B JAPANESE JAp A E BANKS SUSPEND April Apri BOver twenty Inks aks hae bae suspended payment nt ut paka aka and In the southern and Central vince The bunk bank of ot Japan has as le ted them tut Lut further fUrl her trouble Is 19 hende A financial panic Is pre ew PI York April Apri M it Townsend I ai I manager of ot the tho anti and Shanghai banking company com pan was Wl asked for Information today with refer reter reference reference ence to 10 the failure of tho the banks In Osaka He lie le replied We have hae no advice re regarding reo regarding garding garling the failures They do not di dl directly recty affect foreign trade as a they the are arc only small private hate banks Tho The finan cia cial cal position In Japan Is strained and such failures allures are expected