Foreshadowed Foochow, Jan. 23.
Foochow envisages a gloomy Chi nese New Year on February 8. The populace is conducting scant business, stoically facing the artificially inflated cost of living.
Profiteering continues on practically every commodity. The rice situation is acute, despite ample stocks for local needs. First grade rice is being quoted at $4260 per picul, while second quality grain is being sold at $36 per picul Only small quantities are available to householders.
At dawn today the thermometer fell to 41 degrees below zero, and there is prospect of the cold spell continuing until the next change of the moon. Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.