Harbin, Oct. 19.
The funeral of Mr.
Buyanovsky, late manager of the \Bengue Franco Asiatique and Presi-{dent of the Harbin Exchange Committee, took place in the most miserble weather, rain and cold. The!
whole of the main street, however, was one mass of people under éripping umbrellas, all coming to pay Uhelr respects to the man who had done so much for the general welfare of the public, socially. economically /and commercially. It is proposed to found. a cot in the Kazem-Bek hospital to his memory.
On the following morning, to the [surprise of the city, notice was given by the local temporary manager that. the bank would not open for several Gays, according to Instructions re-leved from Paris. Rumours made the public fear that something was wrong, but these quickly were fol-Tewed by information that assets of the bank exceeded the liabilities by '$$00.000.. It was decided to pay out Jail depositors of under 100 Kuobi at once and in a few days the bank should be re-opened. The merchant lasses strongly support the continuation of the bank in Harbin, owing to the facilities that this bank gives to smaller traders and the shopkeeper Taritteor Bank Liquidation The committee appointed by the creditors of the Thriftcor Bank to attend to the liquidation of the Harbin and Hailar branches, has been offi: ally recognized by the Manchoukuo Ministry of Finance. No balance sheet has yet been issued but this is expected shortly and then it will be Possible to decide whether the local branch can carry on business or finally must be liquidated. To sell the fine property at present would only lead to heavy loss, Far from Depression The North Manchuria Sugar In-[dustrial Ca, Ltd. which has a large Sugar works at Ashihe, just outside of Harbin, has had sucha good year's Business, that the directors have de-Jelded to increase the salaries of the stof and wages of workmen by 25 per cent. Here is a company which, Fotwithsianding the crises of depression, actually is proving quite the opposite, advertising it by giving its Workers a share in the profits. The elk of depression here is more talk than fact and generally in matters are far from as black as many paint them.
Text read from the printed page and cleaned; old type leaves the occasional error.