The Archive · 1941

Drop in Price of Rice In Chungking Seen

Chungking, June 18.

The problem of rice shortage in Chungking is expected to be solved with the arrival today of 50,000 picul" of Hunan rice in China's wartime capital.

Hunan wil! supply 900,000 piculs of rice to Chungking within a period of one year, it is officially announced, in in an effort to bring down the price of rice in Chungking.

With the arrival of 50,000 piculs of rice from Hunan, it is stated, an-Other 850,000 piculs of rice will be transported from Hunan to Chungking. The price of the highest grade rice in Hunan, particularly in those cittes in the vicinity of Tungting Lake, is at present about $100 a picul, while the price for the same grade of rice in Chungking is about $400 a picul.

Highest grade Hunan rice is at pres-035 lent shipped to Chungking by junks along waterways and also overland by carts and pack animals.

Including transportation costs Human rice, after its arrival in Chungking, will cost about $150 a picul. It is therefore expected that the price of rice in Chungking will witness a sharp drop shortly.

Recent rains have also dispelled fears of drought, thereby contributing another important factor to the drop in the price of rice heye—Reuter.

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

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