The Archive · 1934

Japanese Emporium Forced to Close

Kitafuku Mart Suffered Heavy Losses

Losses suffered by Japanese residents_ in' Shanghai" inthe confit between Japanese forces and the Nineteenth Route Army, in the early of 1982, were reflected on Saturday in the closing down of the Kitatuku Mart, the Japanese emtorium at the corner of Minghong and Miller Roads in Hongkew. The store has suspended business for an Indefinite period.

The mart was operated by Mr. Kunitaro Tsunoda, leading figure in Jocal Japanese circles and president of the Shanghai Investment. Com pany, who opened the establishment in the Autumn of 1932.

Mr. Tsunoda suffered losses _in excess of $1,000,000 in the destruction of the Paoshan Glass Works in Chapei during the fighting, according Rengo.

The compensation paid to him for hhis losses by the Japanese government was very snjall, as the doles were proportioned so' as to favour small ossers,

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

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