The cheap rice depots under the direction of the Shanghai City Self-Government Bureau have lowered prices from time to time antu th of 86.70 per pical ut rice has beau reached. Then the market roled rather firm and a reaction has set in during the last few days, the price has increased almost daily, the beat quality selling at at $10.40, and the best of this season's new crop from $9 to $9.25. These figures are 60 or 70 cents higher lowest quotations a few days The rise is said to be partly doe to unfavourable reports of the terior, ponting in from and ha to import rice from other places, and partly owing to the receipt of telegram from Governor Yo of Banat addressed to the Sbisog! forming biin that se Honsn has suffered from floods itself, the harvests of the hole provines are poor on aa average. and the now rice is dear at the preseat narker price. The embargo on its ex-vert la therefore atill in force.
The Self-Government Bareau is paying carefal attention to the d tian of the rice market, tiling s report for enbmission to the oficial with view to preventing heart lets manipulation and cornering on the part of unecrupaloas dealers.
Text read from the printed page and cleaned; old type leaves the occasional error.