Daily Consular and Trade Reports Volume 2451-2459 (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 Excerpt: ...$42,633,145; coin and bullion, $4,038,427. making a total for the year of $116,535,54S. Duty collected, $18,928,144. Exports, domestic: Mineral, $15,282,328; fisheries, $7,340,767; forestry, $18,034,634; animals and their produce, $39,135,464; agriculture, $22,744,436; manufactures, $922,702; miscellaneous, $30,751. Total exports, $111,791,082. 15 Industrial Bank of Japan. Consul-General Miller, of Yokohama, recently wrote a letter to Mr. Soeda, of the Industrial Bank of Japan, asking for information concerning the investment of foreign capital in the stock of that institution. In reply Mr. Soeda gave a general outline of the plan upon which the Japanese banks and the Government are desirous of increasing the capital of the country to be used in commercial and industrial development. Mr. Soeda. replying to Consul-General Miller, wrote: The outline of the plan is to induce leading financiers abroad to have direct interest in our bank by becoming our shareholders to the extent of 7,500.000 yen out of 17,500,000 yen. Our authorized capital is 10,000,000 yen, divided into 100,000 shares of 100 yen each. It is intended to alter these shares into 50-yen shares, making the total number of shares owned by Japanese shareholders 200,000. Over this, 7,500,000 yen capital, divided into 150,000 50-yen shares, is to be increased and to be owned by leading financiers abroad. By this arrangement our bank becomes an international institution which will be of great utility both to foreign investors and to various enterprises in Japan. Navigation of Hudson Strait. Consul-General Foster, of Ottawa, reports that the Dominion government sent an expedition to Hudson Bay in the spring of 1904, under the auspices of the Northwest Mounted Police and the marine department, for the pu...