The Sing-Foo Bank, with its headquarters in Soochow,—suspended Business on July 6, The institution, which hes branches here (94 Ningpo Road), Changchow and Changshu, was established in 1929 with a paid-up capital of $500,000. It handled Jsavings 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.
Text read from the printed page and cleaned; old type leaves the occasional error.