Federation, the most, powerful Chi nese civilian organization in the Set. tlement, has officially started a public sanction movement against manipula tors and unscrupulous merchants in [the rice market here. Its manifesto Issued yesterday urged the Chinese community here not to_ ce-operate with these merchants. The Chinese were asked to sever all relations ith them so as to help the author! ties in settling the problem, The Shanghai Rice Market became firmer yesterday as many merchants were discouraged by the Tle riot which broke out the previous Taose who possessed large quantities of the grain tried to sell as much as possible while the rest had no intention of hoarding.
The Chinese Chamber of Commerce here las also finally taken action, A metting held yesterday with leaders of the varioits trade associations, the "Chamber decided to form the: Shanghai Foodstuffs Readjustment Association. - Eleven prominent Chi nese business leaders were elected to At a meeting held yesterday after noon, the executives of the Shanghai Rice' and Bean Dealers Association decided further to reduce the prices fof their goods. 'The first grade rice {was fixed at $40 a8 compared with $45 Fast week, and the "'see mee" at $33, showing also five dollars' decrease. While thus trying to alleviate the situation by reducing prices, members fof the association petitioned the authorities for full protection so that they could do business today.
Text read from the printed page and cleaned; old type leaves the occasional error.