The Archive · 1939

Prices Fixed

Important decisions including one stating that the rice of the best rice Should not exceed $48 per *zah" and that of "hsien mee" or the second grade rice should not exceed §38 were Teached by rice merchants of the Shanghai Rice and Bean Dealers Astociation yesterday afternoon at a meeting held in their association of 1S Avenue Edward VI. Although tthe prices thus fixed were considered to be extremely high, those attending the meeting thought that they had done their best and they decided to petition the Settlement authorities help settle the problem.

One important decision stated that the association should petition the Seltlement authorities to make arrangements for increasing the supply of Flee, as commencing yesterday. all rice and other cereals sent to Sha hal by train were not allowed to be transported into the foreign areas The Settlement authorities were urged to arrange for the trans-Porlation of between 50000 and 100,000 ""zah" of rice priced only $15 per "zah" in Wuht to Shanghai.

was decided that the authorities might fix the price of this tice when arrives in' Shanghai. The mer-[chants decided also to start a "collec tive purchase" movement so that eign rice can be bought collectively. by public bodies. They encouraged people to report on activities of manipulators and will report the thames of the larier to the authorities, nother decision stated,

Text read from the printed page and cleaned; old type leaves the occasional error.

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