The Archive · 1940

Flour Market Speculation

Two flour mills have been ordering wheat from America and At (but speculators soon crept into the by market, and as a result the price has been following an upward trend until Monday when it reached $15 per picul, Even the price of a bag of flour for the cheap sales in favour of small noodle shops and restaurants was increased by $1, it is complained.

In a sub-editorial, the "Chindse American Daily News" says that {although authorities of the foreign areas here have made efforts in the past to reduce prices, the work is said to be insufficient. One of the jo Feasons of the insufficiency, it is stated, is the inability strictly to enforce the regulations. Merchants re also criticized and it is asserted that if the rise of prices remains unchecked "some extraordinarily unfortunate things" may happen. The paper opines that it ig not emp! talk because the situation has reached climax that the public can no longer neglect popularity.

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

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