Ogden Standard-Examiner | 1920-11-09 | Page 2 | Commercial Barometer of Japan Remains Low

'COMMERCIAL BAROMETER OF JAPAN REMAINS LOW I WASHINGTON. XOV, !. Japan's ommerclal barometer Is stIM low despite de-spite the reduction which has taken pla a In over production and overstocking, over-stocking, factors contributing to present pre-sent conditions, according to Yokohama Yokoha-ma pres view- of the economic sltua tlon In Japan transmitted today to the department Of commerce Decline in the Japunese Import trade ha been rapid and extensive, the n lews declare, imports in Auguat amounting to approximately $61,093.-000 $61,093.-000 compare.! with $78,329,000 In Jul This retrenchment In lmporta was ac- omtllshed In August und September h a decline in exports, notably In the case of silk, the mainstay of Japan's Ja-pan's export trade. IrganlSatlen of manufacturers and I merchants' unions with view to'cry atlng an artificial shortage b buying Up the floating cargo In the markets b i.f-r r. .-orte.i in, the reviews stated. stat-ed. So far, rcadjuatment m . - .r. -ha tieen of comparutlvel little pc,.. tlcal value, the review added. oo