COMMERCE, STOCK exchanges, BUSINESS conditions, SILK, PRICES
Abstract
The article offers an update on business worldwide as of July 1931. European stock markets increased between 9% to 20% due to a debt plan by U.S. President Herbert Hoover known as the Hoover Plan. The new economic measures launched by Poland include reductions in salary of government employees. Business conditions in Great Britain have improved due to enhanced world outlook. In Japan, the value of stocks continued to increase while prices of silk reached a record high.
Focuses on the effectiveness of the California raisin industry's export promotion programs in Japan and in Great Britain. Estimation of an econometric import demand equation for each of the foreign markets; Benefit-cost ratios for the two markets; Suggestion that the industry should explore the option of investing more money in its export promotion activities in Great Britain.