The Directors purchased a short time ago, for $60,000, the premises known as Wardley House, where the business of the Bank had hitherto been carried on. By this purchase they hope to reduce the current expenses for the rent...
This definitely establishes the origin of both Wardley Street and the Bank's cable address "Wardley". (See also Old Hongkong of 20-6-33 and 3-7-33).