After organization of the corpora tion all speculative transactions in rice will be forbidden and dealings will be limited to spot transactions. Prices will be pegged between the maximum and minimum figures fixed in accordance with the control act, thus stabilizing them, Negotiations are going on between officials of the Ministries of the Min-istness of Agriculture and Forestry and Comferce and Industry regarding silowanees to be granted nineteen rice exchanges which will be Hiquidated and their 120 employes who will lose their jobs.
'The Ministry' of Agriculture and Forestry proposed that the allowances should amount to ¥.3,000,000, while the Ministry of Commerce and Industry maintained that the grants should total ¥.4,750,000.
Production cost of rice per koku, five bushels, was ¥.20.54 this year, an increase of 8.6 per cent. compared to the figures for last year—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.