Manchurian Products Sold at}
Low Prices Large quantities of Manchuria soy beans, said to have evaded the Customs duties, are being dumped jon the local market, affecting the legitimate trade in ' Shanghai, ac-Jcording to information from Chinese:
The beans have been shipped to shanghai from Dairen by some nserupulous merchants, according to report. As a result of the dump-the current market price of this! Jcommodity has been forced down. The smuggled beans are being sold Jat $0.20 per picul, whereas the local market price is about $750.
'The supplies of this commodity formerly came from Yangize ports, but afler the fall of Nanking, bean shipments have been mainly obtained from Nantungchow and 'Tsungming Island. 'The diminishing—supply, Jcoupled with the steady demands by' Fukien and Kivangtung merchants, Ihave foreed up the, price to $7.50.
'The local merchants are reported. to have purchased a large stock of beans from Nantungchow before the Jelosure of the port. The sharp' underselling has therefore caused. them heavy losses.
Text read from the printed page and cleaned; old type leaves the occasional error.