A Reuter's despatch informs us of the death in London of Mr. Fred Woolworth, managing director of the famous Woolworth stores, the 5,10 and 15 cent emporiums, found in all the cities of consequence in America. It will be remembered that the founder of the organization, Mr. Frank Woolworth, died in America in, 1919. The brother of the founder, however, is still at the helm, being Chairman of the board of directors of the concern. Shanghai residents will probably associate the name Woolworth with the New York building of that name, so well known because of its height, 57 storeys, at least eight times higher than the tallest in the Settlement.
Text read from the printed page and cleaned; old type leaves the occasional error.