Loot Between $20,000 And $30,000 Taken One of the most daring armed robberies in months was perpetrated in the Central district shortly after 7 pin. yesterday when 10 armed and well-dressed men of the loafer type invaded the premises of the Nanyang Cloth House at House 6, Lane 26, Shanse Road and ransacked the place, finally departing with a loot believed to be between $20,000 and $30,000. Central police station was only advised of the affair ten minutes after the thugs had departed and squads of detectives were busy investigating the case last night, it be-dug believed that an equal number of thugs must have been outside the building.
The 50 odd persons on the premises at the time, were herded together and. ebbed of their jewellery and other valuables while a number of the robbers systematically looted the contents of every one of the eight rooms in the building, cracking open 2 safes from which they took $18,000 [and decamping with 40 rolls of ex-Pensive cloth which, it wes believed, were on rickshaws.
Up to an early hour this morning, Imo arrests had been made.
Text read from the printed page and cleaned; old type leaves the occasional error.