The Archive · 1940

Wheat Dealers May Resume Trade Here

Bfforts of S.M.C. Said

Bearing Fruit; Outlook Optimistic The demand for family bread in the International Settlerhent has gone up threefold since the Municipal Council gave prominence in the columns of the "North-China Daily News" to this staple, an official of the price investigation office of th Council stated recently.

"The official disclosed that the daily output of 6,000 pounds of the family loaf of two months ago is now being replaced by an output of 1,800 pounds. "The s official a month ago deplored the lack of public interest in the endeavour of the Council to place ^in the market a low priced and palate able bread. In spite of publicity given by the Council, he said, many people told him they had heard nothing about the family bread.

The price of the family loaf, the cial continued, was still 38 cents per pound although everything else has gone up in price recently. This has been made possible as the price of. Chinese flour still stands at fifteen

used in the baking of the family dollars a extra middle quality, bread sold im the various bakeries in the Settlement, Speaking of domestic wheat, he said there was no acute shortage of local stocks although there have been only limited arrivals. Prices have mot gone up, but show an upward tendency.

The Council he said, has been en~ deavouring to induce a number of the bona fide Chinese wheat mer~ Cbants who closed business for political and other reasons to resume operations. The future outlook, he said, is optimistic and there is every indication that the merchants would get back to the trade.

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

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