The Archive · 1941

Chinese Currency Stabilization Board

'The Hongkong & Shanghai Bank ceased operating on the open market assorted' jam, 22.84 per cent.

August 29, Other British and Acetco salad all," 32.28 per cent: American banks followed sult "on Sunbest tomato paste, 36.36 per cent: September 8. On September 18, the Maxwell House coffee, 1523 per cent. bankes changed quotations "in terms Chesterfield cigarettes, 1862 per cent. of USS from 59/92 to 59/32 woollen sulting material, 4434 per Published lists would indicate that cent, Eversharp writing paper, 80 preferred exchange rates will be per cent; and Red Ball toilet paper, available for many commodities need.

Tr0° per' cent. din households of foreign salaried employees. These include flour, Chinese Index eanned "foodstuts, wheat, rice, coal, Despite the: fall in price of sice, the index or cost of living of Chi:

Foreigners' Index pose workers crogistered another rise 'There has been a further increase In the month of September. Follow: {in the cost of living of foreign resid-Ing the freezing order at the close fents in September, the rise. being of" July, the beice trend. continued heavier than in' August.. The con {fo ascend steeply. and has not yet solidated Index, based on, 1999, rose come toa halt." Shortage of ibe {o 203.01 recording an Increase of 8.84 Stdlary notes tone of the. contrib cent, as against 5.27 per cent, tory: factors. The. revised' general in the preceding month. The Amer: Index: Rose from 885.55 In August 10 Jean "general Index: reached 270.60; 960.04 in: September recording an in British, 20:75; "Russian, 302-50; and ferease of 850 per cent. Among the the "index of other" nationalities, cup Inlees, "the food Index has 205.25, Porcentage rises ranged rom Furpassed the 1000 marke and the G11 por cent. for the British index Heaviest rise was shown by the clothe 937 for Russian. Food index rose ing group. Food index rove to 1.070 '70.02; clothing, '316.05; wheat, 334 SIT Rousing. 125.7; clothing, 6023; and the miscellaneous index, 243.50. lid "miscellaneous "Index" 805,14 Percentage rises ranged from 2.05 per Percentage. wiser ranged. from 4 ent. for" the miscellaneous index to per cent for housing: to 1082 per fg high. 93 1891 per cent. for food, Eent."for, clothing. the" purenasing 'The' purchasing power of the dollar power of the dollar' dropped from over its October' 1980' value was re= 120" cents in "August t0 "1043" in duced by. 65.00 per cent, as compar-fed. with 02.07 per cent. in August.

'Average rolall prices of. rump steak Fore 1207 per cent. in Septem= month. S.M.C. Rangoon rice' was: ices Of rice dropped during the

further reduced from $120, 0 $117 Der shih" on September' 1, thus ae-Eelerating "the downward trend in

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

Your account