The Archive · 1926

The Foreign Lombard Street

While the eastern end of Peking Road seems to have definitely developed into the Chinese financial centre, another type of Lombard Street has certainly been ereated in Kiukiang Road. The Gold Bar Exchange is here, and while one would not regard it as an especially convenient thoroughfare, perhaps owing to the use which is made of it by brokers on the kerb and the multitudinous brokers' traps which throng it, banks are more and more secking a site there, As proof of this are the many banks already established, having ousted the firms which formerly did business in the older premises, while the two newest buildings which have been erected have not only been designed for the accommodation of banks, but are also, it is understood, let to banks. The tenants are Japanese in both eases, At present the range of banks extends just west of Kiangse Road, and once Honan Road is passed the thoroughfare becomes a purely Chinese one. Still it would be rash to Suggest that development on the lines indicated will stop where it now is, for it has already been seen how the former conventional limits have easily been passed,

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

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