Show japanese deny that they are in ser lous financial diff curties boklo special cable cablegrams gratus from new york and london published in the boklo newspapers have created astonishment in financial circles because it is evident that certain influx ances have determined to sent and exaggerate existing cond I 1 eions in japan these special cable gr grams a ms say that the decline of japan ese securities Is due to a financial panic the use ol 01 the word panic a i representing the present situation Is entirely unwarranted no panic exists in any direction there have recently been a number ol 01 failures but the depression has reached its limit |