Vol. IX, no.4 - October 1931

• The Effect of Industrialization Upon Village Livelihood - By H.D. Lamson, University of Shanghai - 1025 

A Study of Fifty Families in Four Villages Near the University of Shanghai

• Analysis of China's Foreign Trade in 1930 - By H.B. Hou 候厚培 (Hou Houpei) and Chih Chang 章値 (Zhang Zhi) - 1083 
• Ten Years' Trend in China's Trade - I - 1108
• Sino-American Trade - By Tsai Kyung-we 蔡鏡伪 (Cai Jingwei) - 1119
• Fruit Production in China - 1132
• Retail Prices in Peiping (August, 1931) - 1149

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