The Archive · 1941

Situation Stable

The rice situation in both foreign areas here has become stable with officially bought rice being transport ed here, regularly and sold by most shops. "'The Greater Shanghai Special Municipal Government is still on-gaged in distributing the 20.000 bags of relief native rice to residents In the Chinese areas. The price of this grain has deen reduced from $100 to only $90 per picul.

Meanwhile. business in the unofficial rice market here manipulated by profiteers has been going on with Little attention being pald to it by the public. Following the announcement of an order freezing Axis assets in the United States. rumours were spread in the market again saying that a war in the Pacife was imminent, Prices again went up by three oF four dollars per picul.

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

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