The Index Number for March—Fractional Rise Over Preceding Month—Will Last Year's Fluctuations. Recur? announcing the March index number of wholesale prices at Shanghai, the Treasury Department's Bureau of Markets says:—The index number of wholesale prices current at Shanghai in March marks a further rise this figure, as was the case with February last and April of 1920, is the same as that of May last. It' will be interesting to see whether this strong tendency will result in a repetition of the way in which commodity prices fluctuated a year year. It totals 107.9, showing a gain of 9 per cent. over the previous month, and of 1.3 per cent. ago, when they reached their peak in June.
The monthly numbers extending over the corresponding one, 1920.j; back to March, It is interesting to note that this below:—
1920, are given Miscellaneous 3 3 Last Wei. Cereals 4-3 £2 3 3
Text read from the printed page and cleaned; old type leaves the occasional error.