The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1936-03-20
Tokyo Tips
Net Profits

OdI1clals, but it was no news 10
wall Street. American specnls1
tors were in touch with Tokvo'S
mllltarlsts and had been tipped off
a week before the trouble broke
out. AONe
wall Streets connections with
the Japanese fascists netted
pretty profit this week for the
money-boys. Coded cables from
Tokyo notified the New York Of
I!ces to sell all Japanese securi-
Ties and raw material futures
on hand in anticipation of a fall
ling market.
Regardless of what happened in
Tokyo, Wall Street SPECTATORS
stood to- gain-and they did reap
a rich harvest-close to S6.5OO.-
QUO on bond and silk transactions
alone.
Although the general public
knew nothing of events in Tokvo
until the morning newspapers were
on the streets Wednesday, Febru-
airy 70, the Wall Street men had
oeen guiding their actions accord
ing to word received by cable dur
In the previous day.
Somebody knew something
IS the way Wall Street gossip put
the matter later.
Here is how the huge Wall
Street profits were made:
On the average, 10000 Japan
csc bonds changed hands daily
during the first half of February.
In the three days prior to the re-
volt, 100000 bonds-37a times the
average number-were sold at an
average price of 1890, a total price
of $1O4,94O,OOO.
Once having unloaded their Sc
curities, with only cash assets left
on hand, the sly spectators sat
back and waited for the crisis
which they knew would come at
any minute.
The uprising came off, = as
scheduled.
During the next two days; -
when bond prices had fallen-94,-
900 bonds changed hands-bought
back by these spectators at an
average price of $3.50.
Result: A clear profit to those
on the Inside" of $5,64O,OOO.
HIGH SILK
TURNOVER
During the few days prior to
the revolt, brokers who deal in
cotton and silk futures were I'M
usually active. These men make
money by buying goods which they
have never seen, for delivery on
some date in the future.
In the week before the uprising,
these spectators unloaded 1870
bales of silk at rates reaching as
high as 1855 a bale. These trad
J ings, which went above the $14S-
100000 mark, were far more than
usual. ..lsxl1
Immediately after the revolt
5000 bales again changed hands.
this time at an average price Of
$76O a bale, prices having fallen
due to the internal disturbances IN
Japan. Spectator profits on these
transactions ran as high as $780,
900. d ia
American businessmen thus con-
tinue to reap harvests out of tas-
cist coups d'etat and threats OF
war. At the touch Of the Wall
Street Midas, even blood and sui
fering are turned to gold.
WAR ON
SOVIETS
AS conservative a paper as the
Wall Street Journal points out
that the uprising is a menace tc
world peace and that a govern
ment headed by the mllltarlsts
who led the revolt would lead IN
evitabIv to a war against the So
Wet Union. The rebel leaders, II
their manifesto, indicated thai
thew opposed the present regime
because in the past, it had kepI
the army from invading KusSla \;
territorv' at a time when the Kec
ARM could not put up an ade-
uuate defense. ~
Meanwhile, in Washington OOlt
gressman Lea of California mao'
3 iingoistic appeal to the. HOUSE
naval affairs committee for ao
ded funds for West Coast defense
With his finger pointed at japan
leo laid. eve must assume ~
AO@ So. Lox1o q war IN the