By courtesy Swan, Culbertson & Fritz Rumours of an Increased Wheat Import Duty Has Detrimental Effect Shanghai, Dee. 1 During the week Chinese mills report that the supplies of native wheat fare gelting scarce but rumours of an increased wheat import duty are having a detrimental effect on the milling industry. Not much activity Is reported in the other local markets with the exception of silk, in which business commenced brisk but fell away.
Shanghai, Dec. 1.
General: Both stock and commo-Jdity prices moved into higher ground during the period reviewed. Better sentiment in business circles continued to be evident. Encouraging fo the utility interests was the news that the New York State supreme court had granted an injunction to a subsidiary of Consoli-
Text read from the printed page and cleaned; old type leaves the occasional error.