Orders for munitions continue to come in from the Allied countries engaged in combatting Germany, and factories in Japan are now busily engaged in the manufacture of supplies. The total value of munitions to be manufactured in the military arsenals during the year is estimated at 80 million yen, and that in the naval arsenals at 20 million yen. If the orders taken up by private concerns are added to the above figure, it makes a grand total of 120 million yen. Besides these, there are the latest orders received from Russia for 30 million yen worth of woollen cloth and 20 million yen worth of shoes and boots to be delivered by March next year. The total proceeds for this year from the sale and manufacturer of arms and ammunition, together with those from the sale of warships, will thus come up to as much as 175 million yen.

An event of the highest significance for the future peace of East Asia and the world took place yesterday afternoon at Moscow with the signing of a Neutrality Pact between Japan and the Soviet Union.

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