May 9.
Information obtained from Chinese sources and the press tends to indicate that by relieving the rice situation in Shanghai, authorities of the Settlement here will not only be thanked, by the Shanghai populace but also by the people in the whole of central China, because "rice worms" in, this part of the country are trying to follow the example sot by Shanghai profiteers by hoarding, the grain and by keeping abreast wit them in their price increases.
Hope ly expressed by the same circles that the Settlement authorities will make it clear to all that. the plan of shipping Hongkong rice to Shanghai is a pennament one which may not be disrupted by any qven-{uality, including the southward move by Japan. Rumours spread by, profitecrs in the Shanghai Rice Market on Wednesday that the Council might not be able to obtain a second shipment of Hongkong rice after the frst shipment of 60,000 bags, and that the impending Japanese southward move might endanger the position of Hong-Kong, caused: prices to jump up again towards the afternoon. despite the fact that prices hud been following downward trend for several days.
Text read from the printed page and cleaned; old type leaves the occasional error.