In fair condition. As found in a collection of old bus tickets from the estate of Rich Hartzog.

August 1939, Shanghai was a tense, occupied city under Japanese control, acting as a final sanctuary for European Jewish refugees just before WWII began. The city imposed new restrictions on refugees who could no longer enter without visas, while the Japanese-occupied areas saw continued anti-Japanese sentiment suppression and, according to U.S. Department of State archives, increased Japanese pressure on international settlements.
Museum of Jewish Heritage
Museum of Jewish Heritage
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Key events in August 1939:
Refugee Restrictions: Previously an open port, Shanghai introduced restrictions in August 1939 requiring refugees to prove they had a job or a 400 U.S. dollar deposit.
Wartime Haven: By this time, roughly 17,000–18,000 Central European Jewish refugees had arrived, mostly destitue, fleeing Nazism.
Occupied Atmosphere: The city was under the shadow of the ongoing Second Sino-Japanese War. Japanese forces continued to solidify control over local Chinese authorities, including police cooperation and suppression of anti-Japanese propaganda in international areas