Shanghai. Oct. 6. cement during the pa suit high trices Confront. Chinese consumers here.
The price of the first grade native vice in the Shanghai Rice Market yesterday was $89 per picul, showing decrease by $7 when compared with the price quoted carly this week, while first grade Saigon rice was priced at $72
Two causes were given by mar. ket "circles for the slight improve ment of the rice situation. Saigon. tice has been arriving here during the past few days in large quantities and "yesterday's. information reach ing fice merchants that Hongkong lad lifted its ban on exportation of tice further contributed towards the betterment of the rice situation in Shanghai. Wt was learned that fur ther reduction of prices might be expected, reported by the evening edition of the "Sin Wan Pao" last that the frst consignment of] Saigon rice ordered by some leading rice anerehants here. amounting 10 2500 tons, was expected to reach hhere on September 15,
Text read from the printed page and cleaned; old type leaves the occasional error.