OCR Text |
Show REPORT BUSINESS IN j JAPAN IS PARALYZED' WASHINGTON, May 26. Closing of tho MogI bank at Yokohama, Japan. 1 yesterday, has "very seriously affected I the stock exchange and paralyzed the ' 1 cotton yarn market," said a dispatch 1 to the department of commerce today j from its representative at Tokio. The ' run on the bank was said to have been I due to minors of heavy losses of silk ! speculators. ' Although practically all business in 'Japan Is "marking time," the dispatch I said, there seems to be no danger of an actual panic. |