The Archive · 1905

Settlements

We have received a communication from the manager of one of the principal native banks of these cee in regard to the recent robbery of the Hung Chin Hong, sycee moulders, on North Shantung Road, on the evening.of the {19th instant, the sentiment of which doubtless reflects the opinion of the great" majority of that important class of the native business community amongst us, namely, bankers and kindred trades. We, therefore, under the circumstances, take the opportunity of translating tire gist of the communication in question for the information of readers of these " Notes."

"That portion of the International Settlements of Shanghai between Nanking and Peking Roads, bounded on the East by the Szechuen Road and on the West by the Shanse Road contains no less than one hundred and several tens of native banks, goldsmiths and sycee moulders, through the portals of which gold and silver, in coins, nuggets and bars, pass in and out daily, Indeed, it is conceded by all, that the banks hold the premier position amongst the various great business houses of this country, and in this port money is paid into these banks usually towards dusk by depositors, the amounts of which are anything but small.

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

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