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Press translations [Japan]. Economic Series 0140, 1946-01-08.
Supreme Commander for The Allied Powers. Allied Translator and Interpreter Section.

translation-number: economic-0677

call-number: DS801 .S81



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GENERAL HEADQUARTERS
SUPREME COMMANDER FOR THE ALLIED POWERS
ALLIED TRANSLATOR AND INTERPRETER SECTION
PRESS TRANSLATIONS
No. 677 Date: 8 Jan 46

ECONOMIC SERIES: 140

ITEM 1 Sawmills in NAGANO Ken - Nippon Sangyo Keizai - 7 Jan 46. Translator: T. Kitagawa.
Full Translation:
The NAGANO Ken Timber Corporation has done away with its eleven branches: in the prefecture and intends to found one hundred and ten sawmills, each with a small capital of about fifteen thousand yen, following the pattern of the few existing sawmills. As a result of this plan mill owners are expected to produce timber and deliver it where it is needed. It is reported that about all of the small companies planned have already been established, and are due to be established by the end of January.
ITEM 2 Heads of Special Banks Expelled From Public Offices - Sangyo Keizai - 7 Jan 46. Translator: S. Iwata.
Full Translation:
The officials of special banks affected by MacARTHUR's Headquarters order of 4 January are listed as follows:
The Bank of JAPAN:

ARAKI, Eikichi, President; Economic Adviser to the National Government; President of the CAPITAL UNIFICATION Banking ASSEMBLY. (SHIKIN TOGO GINKO)

YANA[illegible]ITA Seijiro, Vice-president; Director of FOREIGN CAPITAL Banking OFFICE. (GAISHI GINKO)

OKAMOTO, Hatsuo, Director; Managing Director of the Capital Unification Bank.
The SHOKIN Bank:

ITO, Kazuo, Vice-President; Director of the FOREIGN CAPITAL Banking OFFICE (GAISHI GINKO).
The JAPAN Industry Bank (NIHON KOGYO CINKO):

KAWAKAMI, Koichi, President; Director of the Capital unification Bank (SHIKIN TOGO GINKO).

These officials must not be given public offices.
ITEM 3 Financial Aid to Fertilizer Manufacturers - Nippon Sangyo Keizai - 7 Jan 46. Translator: T. Mitsuhashi.
Full Translation:
According to a Cabinet decision, financial aid to fertilizer industries will be made by compulsory measures, but this has been revised and the NIPPON Industrial Bank (NIPPON KOGYO GINKO) will act as the sole financial agency. This has been done in view of the prosperity of fertilizer industries, the reluctance for compulsory measures on the part of financial

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ECONOMIC SERIES: 140 (Continued)
ITEM 3 (Continued)
agencies, and for the prevention of unfairness to borrowing companies.
The NIPPON Fertilizer Company (NIPPON HIRYO) has borrowed from the Agricultural and Forestry fund to meet the emergency and to buy machinery. The amount to be loaned by the Industrial Bank is estimated at 400 billion yen for sulpheric ammonium sulphate manufacturers, and 100 billion yen for nitro-lime manufacturers.
ITEM 4 Fertilizer Production has Steadily Increased - Nippon Sangyo Keizai - 7 Jan 46. Translator: T. Mitsuhashi.
Full Translation:
Ammonium sulphate: The production of ammonium sulphate sharply declined to 4,500 metric tons in August 1945 hut has steadily increased to 5,900 metric tons in September, 13,700 metric, tons in October, 15,000 metric tons in November, and is estimated 18,000 metric tons in December, 1945. This shows how the production of ammonium sulphate was neglected for a while after the war.
Production estimated at about 30,000 metric tons for January and February of this year, and is expected to increase steadily in March and the following months. The state of production in 15 factories is as follows:
The HOKKAIDO factory of the TOYO High Pressure Company (TOYO KOATSU): The construction of the factory begun in 1939 has recently been finished, and production will start in the near future. Monthly output will be around 2,000 metric tons, and annual manufacturing capacity will be 50,000 metric tons.
HACKINOHE Factory of the NITTO Chemical Industry Company (NITTO KAGAKU): Half of the manufacturing capacity of 35,000 metric tons was salvaged, and production will start on 10 January. Monthly output will be around 1,000 metric tons.
AKITA Factory of the TOHOKU Fertilizer Company (TOHOKU HIRYO): The November output was 562 metric tons, and 1,000 metric tons a month will possibly be produced in the near future.
KAWASAKI Factory of the SHOWA Electric Industry Company (SHOWA DENKO): Out of ten installations for electrolytic processing, two were retrieved for use. Scheduled production is 700 metric tons in January, 1,000 metric tons in February, 2,800 metric tons in March, and 4,000 metric tons in April. An output of 125,000 metric tons is set for its goal after the recovery of the remaining eight installations by this summer.
TOYAMA Factory of the NISSAN Chemical Industry Company (NISSAN KAGAKU): This is the only factory that has been operating since before the war. The factory produced 3,500 metric tons in August, 4,300 metric tons in September, 6,200 metric tons in October, and 6,000 metric tons in December. The estimated output is 7,500 metric tons in December, 6,540 metric tons in January, 5,800 metric tons in February, and 6,540 in March. A 50 percent increase in electrolytic process production is being planned.
NAGAYA Factory of the TOA Synthesizing Company (TOA GOSEI): There were 1,587 and 870 metric tons produced in October and November respectively. 2,900 metric tons are expected to be produced in January.
TAGI and BEPPU Factories of the SUMITOMO Chemical Industry Company: There were 385 metric tons produced in November, and 700, 1,300, 513, and 722 metric tons are expected in December, January, February and March respectively.
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ECONOMIC SERIES: 140 (Continued)
ITEM 4 (Continued)
ARAIHAMA Factory of the Sumito Chemical Industry Company: There were 2,997, 2,870, end 3,000 metric tons produced in October, November and December respectively. 5,000 metric tons a month are expected in the January to March period.
UBE Factory of the UBE Production Company (UBE KOSAN): There were 722 and 700 metric tons produced in November and December respectively; 2,600 and 4,000 metric tons are expected in January and February.
HIKOSKIMA Factory of the TOYO High pressure Company: There were 651 metric tons produced in November.
KUROSAKI Factory of the MITSUBISHI KASEI: There were 216 metric tons produced in November, and 1,200 metric tons are expected in January.
OMUDA Factory of the TOYO High Pressure Company: Although it is now not operating 2,300 metric tons are scheduled in January, but this may be impossible.
MIZUMATA Factory of the NIPPON Nitrofertilizer Company (NIPPON CHISSO HIRYO): There were 2,125 metric tons produced in November, and 3,000 metric tons are assured in January.
NOBEOKA Factory of the NIPPON Nitrogen Chemical Industry Company (NIPPON CKISSO KAGAKU): Production was resumed in January. In January and February 800 and 1,800 metric tons respectively are expected. Besides the above, military fuel factories and two oil factories of the TEIKOKU Fuel Industry Company (TEIKOKU NENRYO KOGYO) are now being converted into fertilizer factories.
Nitrolime: There are 160,000 metric tons of nitrolime included in the scheduled production of nitrogen fertilizer, but the real production capacity will be 250,000 metric tons per annum; 8,000 metric tons were produced in November, 10,000 metric tons in December. 15,000 metric tons are expected in January. Owing to lack of anthracite coal, coke is being gathered for temporary use.
DISTRIBUTION "X"
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HomePress translations [Japan]. Economic Series 0140, 1946-01-08.
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