The Archive · 1940

Where Does Difference

To the Editor of the "Nonru-Cuixa Dany News"

Su—Perhaps some of your readers! could' answer a question of interest, to many other readers It has been learned on very good authority that locally-produced coal in Peking is selling at the exorbitant price of §25 per. ton. It is also Tearned that the coal produced by a large mining administration is re-{ailing in Peking at $20, in Tientsin at $18 and in Chingwantao at $20. It also learned that ships arriving in Shanghai are carrying cargoes coal as large as 7,000 tons. We believe we are asked to pay $108 per ton in Shanghai.

Assuming that the foregoing is reasonably accurate and we have no Feason {0 believe otherwise, could difference between the retail prices of Tientsin and Shanghai on 7.000 ton order of approximately $630,000.

Shanghai, Jan. 16,

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

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