The problem of rice shortage in Chungking. is expected to be solved with the arrival today of 50,000 piculs: of Hunan rie in Chins capital Hunan will supply 900,000 piculs of rice to Chungking within a period of Jone sear, it 1s officially announced, in in an effort to bring down the price of rice in Chungking.
With the arrival of 50,000 piculs lof rice from Hunan, it Is stated, a other 850,000. piculs of rice will be transported from Hunan to Chung-King. The price of the highest grade Flee in Hunan, particularly in those cittes in the vicinity of Tungting Lake, is at present about $100 a picul, while the price for the same grade of rice in Chungking is about $400
Highest grade Hunan rice is at prose ent shipped to Chungking by junks along waterways and also overland carts and pack anima Tncluding transportation costs, Hue pan rice, after its arrival in Chung-icing, wilt cost about $150 a picul. It therefore expected that the price of rice in Chungking will witness a [sharp drop shortly.
Recent rains have also dispelled fears of drought, thereby contributing another important factor to the drop in the price of rice heye—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.