To Deal with Local Men For Products Japanese consular authorities yesterday granted authorization for. the formation of a Y.25,000 vegetable wholesale marketing organization comprising 65 Japanese provision stores in Hongkew, local Japanese dailies reported.
The new group will establish purchasing centres at Peihsinking, in the western suburbs of the International Settlement, and in Pootung. Trading will take place on Woosung Road, the site of Shanghai's former leading fruit market.
By dealing directly with the farmers, the organization hopes to reduce the price in Hongkew of vegetables, which are now being handled through middlemen with headquarters in the International Settlement, south of Soochow Creek and in: he French Concession, The organization will maintain a check on its members so as to prevent profiteering, the papers reported.
Text read from the printed page and cleaned; old type leaves the occasional error.