Arrangements are now finally ci cluded between the Hongkong Government and the Shanghai Municipal Council according to which 5.000 tons of Rangoon rice (small mills special 42 per cent. separation), will be shipped to Shanghai immediately and further regular shipments to the extent of 20,000 to 25,000 tons per month will follow as required. With the exception of trade orders for which Export Permits have already been obtained and which trade orders do not exceed 2,900 tons. no further permits for export of rice from Hongkong to Shanghai will be granted except to the Shanghai Municipal Coüncil As previously stated, the Council is determined that these supplies from the Hongkong Government shall be made available to the Shanghai public at reasonable prices. At the same time the Council is anxious not to interfere more than necessary with the regular trade channels. and the Council invites the ce-operation of the wholesale and rotal] dealers for the distribution.
The Council is now prepared to book orders for the 5,000 tons in
Text read from the printed page and cleaned; old type leaves the occasional error.