With all the creditors having agreed to the bank's scheme to resume business, the officials of the Ningpo Industrial Bank, Nanking Road, which closed' on June 4 this year, are ar-Fanging to pay off 20 per' cent. of the deposits' with the bank shortly.
Following discussions, the creditors have agreed that 50 per cent. of their deposits shall be appropriated as capltal, 30 per cent. to be refunded in two years, and 20 per cent. to be relumed in the near future.
The bank is to issue new shares to the amount of $500,000, Bank of Canton 'A meeting was called on Saturday of the Bank of Canton's creditors at the Kwangehao Gulld, Ningpo Road, to discuss questions concerning the Bank's closing.
The chairman of the meeting reported that the majority of the creditors had expressed the hope that the Bank would re-open while only few demanded the Bank's liquidation. In view of this, the meeting pessed the following resolutions:—'That the Hongkong Government, which the Bank. of Canton' was registered, be asked to allow the creditors io take charge of the Bank: that the Bank's creditors in Hongkong be asked to take similar action; and that two delegates be appointed to S'hai Trams Now Free of Singapore Ca.
Negotiations between the Slngspore Traction Coy Lid. and the Shonshel "Blectie Construction Gon Lid. forthe. severance. Felitons which were Feferod the Chairmen of the Shanghai Electric Construction Cos Lids at the annvel meeting of Sharee holders in. Ape ast, have: new been concluded by the: payment tothe "Shanghai company at Jor the pullers present:—Chong Kung-wen, Ho Wu-san, Chu Feng-hsiang, Hsu' Tao-ling, Hsia Wel-hsiang, Yang Shing-yn. Chu Shih-chang, Sun Shih ho, Lo Te-kwang, Chow Wei-kao, Yang Chia-sheng, "and Hsu King: yuan. Practically all the candidates either were not selected at the drawing or were absent from the meeting.
After the nomination, the 199 pullers present were called one by one to a table in front of the platform, on which the twelve names were listed. "Each was asked which two of the twelve he wanted to Jserve on the board. Chang Kung-wen obtained 64 voles, and Ho Wu-san /46. Chu Feng-hsiang and Chow Wei-kao. who got thirteen and eight votes, respectively, were selected as alternatives. The majority of those who voted carried paper slips bearing the names of the successful candidates. When asked whom they wanted to select, they showed the paper slips.
The election started at 320 pin, but long before that hour the place surrounding the hall was thronged with Interested pullers. Before the selection, Mr. T. L. Chang gen-Jeral secretary of the Association, gave brief" report on the status of the organization. emphasizing that the Association was supported by the pullers and was for the pullers and that. tigld economy was being exer~ Jeised by the officials. The main work done was for the relict of the pullers. With the election of two [pullers to the board of management, {ft was hoped the needs of the pullers Africa.
Pointing out that the rise of a large' urban industrial population in Shang-hal demanded a knowledge of the feffecis of their occupation on the health of workers, Dr. Gear records why the printing industry was first chosen, and how the investigation was carried out, "Shanghai has some large modern printing plants, but it has many small ones in alleyway houses. 'A study, therefore, of the health workers in these last-named would reveal. interesting information not only. as to possible specie health hazards in the printing industry, but concerning the general health of those who work, sleep and eat in the congested premises originally designed as houses and converted to workshop use.
Text read from the printed page and cleaned; old type leaves the occasional error.