20 NOVEMBER 1926, Page 50

IMPROVED CONDITIONS IN JAPAN.

The favourable preliminary figures cabled of the half-year's results of the Yokohama Specie Bank are fully confirmed in the full Report and Balance Sheet just published. Moreover, what is of prime importance is that the figures also indicate an improvement in financial conditions generally in Japan. The balance-sheet shows that there was a substantial reduction in the amount of debts due to the bank, while on the liability side of the accounts there was only a moderate contraction in Deposits. The cash increased substantially from about 784 million to over 100 million yen, and in spite of that fact, and the general strength of the balance-sheet, profits were a little higher than for the corresponding half of the previous year.