The Archive · 1933

Wheat and Flour

The tendency, in world wheat markets is weak. Actual prices, had. been advancing at the:

ing of the week under review, ave again sagging, and closed abou! four per cent, lower than last week, Business in Shanghai hag been nil.

"The continuous rumours that the National Government might impose a duty on the import of wheat make it absolutely impossible for the mills to. make a calculation, No one Knows what the actual prices of their raw products are going to be, and. since the supplies of Chinese Wheat are practically exhausted, the mills are in the dark and will probably be compelled to close down all together.

'The Government selling agency. has also withdrawn og a seller for 'American loan wheat, and until the Govermment makes a' definite statement as to the question of duty, even that agency can do nothin The Shanghai flour market is in the hands of speculators, and in The second semi-annual drawing of the City Government of Greater Shanghai,'7 per cent. Rehabilita-

accountants' office of the 'Hongkong Loan of 882 tok, page in the Shanghai "Banking Corporation at 4 pam. on December 1, 1038, 'The Loan Agreement' calls for the redemption of $60,000 nominal principal of Bonds and og a result of this drawing all bonds bearing he terminal numbers "87" will be redeemable at par on and after the 6th December, 1933,

Text read from the printed page and cleaned; old type leaves the occasional error.

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