Nanking to Establish Banks Here; Russian Regiment at Race Course Having taken over the old premises of the Central Bank of China on Saturday morning, after the building had been vacated by the} Russian Regiment, the Nanking regime representatives will take over the building at 6 The Bund, also a' Chinese government bank recently occupied by the Russian Regiment in the course of the next few days.
Several days ago, when the Russian Regiment was notified that it had to move to the Race Course billets, unoccupied since the departure of the British troops from Shanghai, several Jepanese called there and inspected the building.
The. buildings at 6 and 15 The Bund were vacated during the Sino-Japanese hostilities in Shanghai and were unoccupied for some time until the Shanghai Municipal Council obtained the buildings to house the Russian Regiment. which at the time was without accommodation. being temporarily stationed in the building at the corner of Szechuen and Nanking Roads.
Reliable Chinese sources reported on Saturday that the premises at 15 The Bund would be used by the new Nanking regime to establish its ' Central Bank of China. The buildings housed a company of the Russian Regiment and the Nieh Chih Kuei Public School for Chinese. The latter were recently removed to Great Western Road. The same sources indicated that Chungking officials had sold the houses to some foreign interests.
The premises at 15 The Bund are at present under the Shanghai Branch of the Political Police in Nanking, many members of which were seen walking in the come pound.
The Russian Regiment. meanwhile, has completed its removal to the Race Course billets, which are large enough to accommodate all the three companies and the Headquarters staff. Less comfortable than the premises on the Bund, the billets nevertheless afford members of the Regiment more space, while sports activities will receive a bigger boost since the billets contain all the facilities to develop physical crile ture. The only hitch encountered by the Russian Regiment is the detaile ing of guards to pontoons but this has been solved favourably, the sentries being picked up by a lorry which is sent to the Bund every two hour:
Solemn and impressive rites commemorating the 26th Centennial of the founding of the Japanese Empire were observed at the Shanghai Shrine on Kiangwan Road at 9 o'clock yesterday morning, while an hour later elaborate ceremonies were held in Hongkew Park.
Individual celebration rites were held at company offices, at primary schools and at the offices of the Shanghai Japanese Residents Corporation, At 8 o'clock yesterday morning. units of the Japanese Naval Landing paraded through the streets of Hongkew which were gaily decorated for the occasion. At 2 o'clock, Vice-Admiral Shigetaro Shimala, Commander-in-Chief of the Japanese China Seas Fleet, reviewd units of the Japanese navy anchored on the Whangpoo River.
Tokyo in Gala Dress d Branch, the month of October, as com-
Text read from the printed page and cleaned; old type leaves the occasional error.