Authorities of both foreign areas in Shanghai are determined to take actions against any person. who ex-plaits fluctuations in the exchange value of the Chinese dollar, a kind of speculation now most prevalent here ánd..which has been repeatedly blamed by Chinese press circles a" the chief cause of the unprecedented increase of prices of commodities. Following the sudden change in the money market here on Thursday, prices of many commodities have been increased, but the increase of price of coal balls has stirred up the Chinese to indignation, To cope with the situation the Shanghai Municipal Council last evening released the following notification for publication:
"The Council hereby gives notice to sellers of necessary goods that measures will be taken against any person who exploits fluctuations in the exchange value of the dollar it order to increase their prices in an unjustified manner."
The Committee for the Control of Prices of Necessary Goods in the French Concession has also issued a statement to the same effect. The committee's notification states that it "will take severe measures against those who contemplate exploiting fluctuations in the dollar exchange to increase their prices in an illicit manner. The Consular Police have received orders to enforce strictly Article 11 of Consular Ordinance No. 78 of February 19, 1940, the notification concludes,
Text read from the printed page and cleaned; old type leaves the occasional error.