The Archive · 1937

WESTERN DISTRICT AND FRENCH CONCRSSION

In normal years trading Is very brisk In these two areas on the west ern boundaries of the Settlement and Concession limits of Shanghai but in 1036. trading seems to have come practically (o 9 standstill.

Bven with the. existing depression, hard to define w reason for this except that land values beyond the borders are very much cheaper and, with the increasing confidence gained by "the Government, Investors are not 80 chary of confining themselves Settlement limits, The Intense building programme of apartment. houses, ete, in the Con~ cession corns to have simmered down and now that Picardie Apart. ment, Jubilee Court, and other recent Duildings are completed, there Is Uittle sign of new entespris The principal buildings completed or contemplated in the Western District mostly consist of small foreign 14 foreign 15 foreign 8 foreign houses houses in Bubbling Well Road; 9 foreign houses and Chinese houses in Connaught Road: 8 Chinese houres in Hart Road; qnd 28 foreign houses in Sinza Road.

Apartment houses are being con-stivered one at the corner of Park and Burkill Roads, and two in Tsong-chow Road.

An important flour mill in West Soochow Rou and a factory in Mokanshan Road conclude the Industrial development here.

Two new and important places of entertainment have been completed the past year, namely, Ciros and the Lido. The former, se¢ well back in its own garden, in the heart of Bubbling Well oad, is one of the most up-to-date places of entertain" ment in'"the world and presents a

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

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