The Archive · 1941

Chinese Banks to Stay Open on Saturdays

Shanghai, Apr. 15, Aster closing business for four days, Chinese banks and the various Jexchango markets in. Shanghai will Feopen today upon the expiration of what is generally termed in Chinese fireless as the "Tomb-sweeping" holl-day, during which tributes are paid to the dead. Tu many eases, however, the festival exists only in name, since the changed situation and' rain prevented many residents from visiting the tombs of their relatives and friends, especially those located occupied districts.

"As from today the branches of the four Chinese government banks in Shanghai, os well. as the "Central Trust of China, the Postal Remittance and Savings Bank and their branches will remain open to business during Saturday afternoons, Accord ing to the "Sin Wan Pao" this. has been ordered by the Joint Adminis trative OMces of the Four Chinese Government Banks, headed General Chiang Kai-shek himself.

tis said that the decision has been' made in order {0 cope with the Increased volume of business to increase efficiency under wartime conditions. The Ministry of Finance has also been requested to order commercial institutions to follow suit, Terrorists Taken By Japanese shanghai, Apr. 13.

Four Chinese terrorists were arrested by Japanese Naval authorities Jon Thursday evening, following a gun battle in which more than 100 shots were fired by the Japanese and their 24 Chinese opponents. No one, how-fever, was wounded, In addition to the four arrested men, the Japanese seized four pistols and several knives, Acting on information, Japanese bluejackets proceeded to a vacant, Jot Dixwell Road, where they wore fold that terrorists could be located. the area was surrounded: and. the terrorists, disguised as fruit and vegetable hawkers, were trapped.

Seoing their means of escape Jdiminishing, the terrorists opened fire at the Japanese, and the latter replied. The Chinese gunmen then attempted to "break through. the cordon and" this resulted in the arrest of four by the Japanese Naval [Landing Party. "The others managed to escape, The Japanese were reported 10 have revealed that one of the arrested terrorists had confessed 10 participation in terrorist activities against Japanese in Shanghai, Tt was also reported that Japanese Naval, Military and Consular authorities had conducted investigations jointly jin an effort to eliminate terrorism in the Japanese-occupied areas, According {0 one of the arrested men, it was reported, the terrorists Jentered the Hongkew' district either by dressing in foreign clothes or by Jdisguising as hawkers, The four men were slated to belong to the Chinese Revolutionary Young Mon's Part was also reported that the te rousts had confessed to receiving their orders from Chungking. They also said that scores of anti-Japanese terrorists were In Hongkew, Whether more terrorists had been lerrested could not be ascertained yesterday, although it was predicted {that others would fall into Japanese hands, since tighter measures than ever before had been undertaken by hem,

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

Your account