Under Government auspices and with the backing of the semi-oficial Bank of Chosen, the capitalization of the Shanghai Bank, Lid, a local Japanese institution, was increased almost twenty-fold' at a general] meeting of shareholders on March 20.
This increase in funds is designed afford Japanese enterprises in China better credit facilities and conforms with the policy of the Tokyo Government in promoting Sino-Japanese trade.
Significance was attached to the bank's action by the presence in Shanghai. at the time of this reor~ ganization of Mr, Kelzaburo Kato,
Text read from the printed page and cleaned; old type leaves the occasional error.