The Chinese press reports considerable activity in the purchase of land in the Lunghua district, with consequent increase in price. The value of land there has gone up to four or five hundred dollars per mow.
It is noted that many of the sales and transfers have been effected in foreign names in behalf of Chinese. and this fact has. been brought to the notice of the Military Governor. General Ho is said to have issued an order to the City Magistrate, instructing him to warn the headman and tipao of the district to prevent the sale of land to foreigners.
It is stated that the purchases are being made with a view to conversion of the land into factory sites.
Text read from the printed page and cleaned; old type leaves the occasional error.