The Archive · 1893

Noyes from Native Papers

CHEAP RICE IN FoOCHOW

When the terror of the recent piracies on Ningpo junks Inden with rice for Foochow was at its height, the rice merchants of that city formed a "corner" and charged almost double the usual prices. To break the combination the authorities of Foochow sent deputies up to the Yangtze ports, notably Wulu, to buy cheap rice and then sell it at cust price to the pour of the city. The has now arrived and brisk sales are ug made at the South gate granaries, This has been the means of lowering the market price of the commodity,

Text read from the printed page and cleaned; old type leaves the occasional error.

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