Grave concern is expressed by Chinese circles in Shanghai over the rice situation, over which profiteers have the full control without eny intervention from any responsible Quarters. The Settlement authorities are critized by the Chinese press for cancelling the price-limiting notices served recently requiring merchants dealing in the Shanghai Rice Market not to increase their prices beyond those quoted on April 16, when prices already created a record.
Without official restrictions, profiteers have been preying upon the public by increasing their prices, again creating a record. Hope is expressed by one commentator that, realizing that their final days have been brought about by the authorities who ere bringing Hongkong rice to Shanghai tó offset their efforts, profiteers have been increasing their prices in their last rush for ill-gained fortune, One encouraging factor is the reported regular runs of rice ships between Burma and Shanghai. The maiden voyage of one of the ships is said to be ended here today. The ship is arriving from Rangoon carrying 40,000 bags of rice to this city. A sister ship is said to be arriving by the middle of this month,
Text read from the printed page and cleaned; old type leaves the occasional error.