About 90 per cent. of all paper stocks were stored in the war zones—the Hongkew, Yangtszepoo and the Pootung districts—and during the months of September to November, the importers were busy trying to rescue their cargoes from the war zones. Quite substantial quantities were brought into safety and stored in godowns south of the Soochow Creek. Transportation and Storage Companies demanded, however, al most prohibitive fees, and reaped a "golden harvest" at the expense of the unfortunate merchants.
Big quantities of paper en route were deviated to other ports where heavy extra expenses are continuously accumulating, and the Importers find it increasing difficult, or almost impossible, to make their buyers pay ior these expenses. Many of ithe dealers are taking ari unreasonably, uncompromising attitude in this mat-leave their: importers to all expenses which should be paid by the buyers.
Before the Japanese occupation of Shanghai, some cargo, found its way to the interior, but, since the beginning of December, movements of Paper cargoes care -to a complete standstill,
Text read from the printed page and cleaned; old type leaves the occasional error.