"The Chinese Government Bond market was affected both by the Shanghai situation and the hostilities: in the north. A drop of $1.70 to $3.60 was registered in all issues, Consolidated.A suffering the most with issues for July and August deliveries falling off $3.00 and $330 respectively.
Meanwhile the price of rice for the Past week has registered a 20 to 40 per cent. increase. This was att buted to the following two reason: the Sino-Japanese conflict in North China has caused local rice: shop-owners to increase their stocks for the purpose of hoarding with re-sultan high prices; and always at this time of year the old stocks in the interior become depleted and, the new crop being late, the rice desiers take advantage to increase the price. The number of rice boat) arriving daily in Nantao and Chapei is about 30 to 40, each carrying a load of 200 to 300 piculs, as compared with 60 to 70 a few months ago.
Chinese authorities are doing everything in their power to calm residents, Measures to check wide fluctuations in bond prices and th increase in commodity prices were discussed. Those' who intended to move out of Chapei were advised not to do Precautionary measures against' any disturbance were also taken,
Text read from the printed page and cleaned; old type leaves the occasional error.