The Sing Foo Bank, with its headquarters in Soochow, suspended business yesterday. The institution, which has branches here (94 Ningpo Road), Changchow and Changshu, was established in 1929 with a paid-up capital of $500,000. It handled savings and other ordinary banking business. The decision to suspend business pending a general meeting of shareholders was reached when the Soochow office found itself short of cash to meet a demand from the Shanghai branch, it was said.
In two centuries the residence of Consular officials, the above house at the corner of Bubbling Well and Chengtu Roads was once the setting for great Social functions for early Shanghailanders. To-day it is reduced to crumbling walls and piles of debris, and wins att mention from only the chanting coolies who ere tearing it down.
As the residence of the Italian Consul-General, Count Ciano was the last tọ live there.
During the last four years it has been empty and said to be untod.
Text read from the printed page and cleaned; old type leaves the occasional error.