The eight-storey new building of the Bank of Canton's Shanghai branch, built at a cost of $220,000 at the corner of Kiangsi and Ningpo Roads, was formally -open to, busi~ ness on Tuesday (Jan. 29), an addition to the growing skyline of financial institutions on the northern section of Kiangsi Road, A large group of Chinese bankers and merchants were present to offer the Bank's directors their congratulations, chief among them being Messrs, Li Ming, Tsuyee Pol KH. Lin, Fu Siao-en, Hsu Chi-ching, IT. Chen, and Tsing Zan-ching, The guests were served with {ea and invited to inspect the new structure.
The head-ofice of the Bank of Canton is in Hongkong with branches in San Francisco, Shanghai, Canton, Hankow, Bangkok ete, It was over 20 yenrs ago. that Mr. Look Pong: Shan started to raise capital in San Franelseo for the organization of the Bank, The Shanghai branch was opened several years after the open-{ng of the head-office in Hongkons. Messrs, P. S, Look and. C, Li are gennrai and. assistant managers re-pep nove of the bank's head-oM Wite W, P. Cheung is spovet the Sranahal branch At the request of local labour unions, the local Kuomintang Issued a circular notice, prohibiting indiscriminate dismissal of em: ployees "and. workers by employers the "occasion of the Spring Festival In the early hours on Sunday two armed robbers forced an entry into Thouse, one in q block enclosed by high "bamboo fence, by removing bricks. from the wall' with an iron spike, and stole money and jewellery To the value of $199,
Text read from the printed page and cleaned; old type leaves the occasional error.