The Archive · 1940

Shortage of Cereals In Peiping

Peiping, Jan, 14.

Growing shortage of cereals creating a serious situation in North China. 'This is parily due to the floods' in the summer and partly to shortage of railway freight cars. Tne situation, however, has greatly worsened because of arbitrary price-fixing and commandeering of stocks bythe Chinese and Japanese auther-'The present officially fixed price of] four in Peiping is around $8 local currency per bag, which is actually St lower than the price of flour Tanded at Tientsin, while almost nonexistent' free stocks are selling privately at $15 per bag. 3 Japanese residents receive their regulrements from oftiel Jat the oficial price, population and particularly the

any cereals at all, causing very acute Boorer classes are unable to obtain

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

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