Within the past few years a boom in Jocal land values has been witnessed periodically. It is only about a year ago since there was very heavy purchasing of property the Yangtszepoo district. articularly along the Pingliang oad section, and some people witn ready money at their disposal made quite handsome profits. To-day there seems to be another boom in prospect and as we stated yesterday, land to the value of at least Tis. "5,000,000 has changed hands within about a fortnight. It is not confined to any one part of the Settlement, but seems general, and report has it that enormous prices ave in some cases being given. Apart from the theory that it is considered the safest medium in which to invest money at present, it is difficult to see why there should be this excessively keen desire to buy land at the moment. And
Text read from the printed page and cleaned; old type leaves the occasional error.