Uncertainty prevailed inthe Shanghai Rice Market yesterday when the new rule enforced by the Controt Committee requiring all merchants 10 deliver goods in. three days and not 10 days and to deal {in actual goods, only went into effect because buyers were hesitant accept offers. Both the peak and smaller prices were called in the market and on the whole the sift tion showed some improvement as high [prices were not likely to be accepted, which fact resulted in fewer transactions. The price stayed in the vicinity of Friday's (Dec, 8) figure, '46 per "zah."
The Chinese evening press stated that improvement was expected. Tt was said that rice merchants them~ selves did not wish to sell their cargoes at high prices. Hoarding tivities outside the market soon, falter the arrival of cargo were! partially blamed for the confusion, Te was pointed out that the price rice in the interior was about $20 per "za." naa Wags se eae fran te mae ces were tend"
Merits ened erne tnaerianane ware out bevsticd am, cly get of December 9, igh Pres caused em-She ate aah ron tat ge, Sofa ar Te on a tes riy a fee that a a tet ar fare for tos, 2 teehee coma? Ge ate akneefoca'on Beer SAS hope that the authorities will reduce satin so ili tenes
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Local Chinese are not only perturbed by the high price of rice, but also by' increased prices of other commodities of daily use. Prices of food fuel, coat and peanut all have: been Boosied to such'an extent that they are now beyond the reach of the average Chinese resident, Tt was reported that a. large quantity of peanut oil needed by the Chinese for Cooking vegetables would soon be: shipped from the north. Tt is there fore expected that the price might drop a tittle,
Text read from the printed page and cleaned; old type leaves the occasional error.