A Police cordon was drawn round the street in question and all ity outlets were closed, no one being allowed to pass in or out of the prohibited area. This having been done, the patrols rushed into the masonry store to arrest the coiners. But somehow they had learned of the approach of the Police and had made good their escape, with the exception of two fois, Hoh Poon Yuan and Law Took Lam, who were mediately arrested. The den was rstematieally searched, but nothing legal was unearthed. This puzzled the Police greatly, as they were quite sure of the place, But subsequent search of the adjacent. store, which appeared to be ssu picious, revealed the contraband noted above. Four men and two women were found in this second dea and were at once arrested and taken back to the Police Station. $5,200 in banknotes were discover-Kong Daily Press." fed in a room, all bearing forged stamps and seals of the Central Bank of China. $12,068 of unstamped Central Bank of China notes were discovered hidden behind a sink, All this, with the money making paraphernalia, was taken back to the Police Station, Banks Involved Subsequent investigation revealed that three banks were connected with this illegal business. These banks were immediately searched ¥]and on their premises were found many boxes of counterfeit money. Most of the ringleaders have now been placed under arrest, but some have made good their escape. The names of these three banks are Lung Vick, Fat Kee, and Nam Fung. These raids lasted until midnight.
The Police Commissioner was s0 pleased with the work of his men that he gave them special comment dation, and said that they will soon receive promotion, The Commissioner fulther remarked that had it not been for these raids, the finnacial problem might have again plunged the Government into difficulty. As it is the danger has been nipped in the bud, thanks to the efforts of the Police and the Upon examination the prisoners divulged the fact that they had Leen
Text read from the printed page and cleaned; old type leaves the occasional error.