The, Shanghai Electric Consteus tion Ca, Lid, recently applied to the Council" for approval of conversion of its fare charges to the new coinage, fu the basis of 100 cents to 300 copper coins, This rate has been accepted on the Company's vehicles since the coins came into circulation, Consideration was given to the application by the Public Utilities Com= mittee which was Informed that the proposal had been considered by the Acting "Treasurer and Controller as Tegards its effect on individual, fares The existing fore stages remain hanged and fares have been rounded fff to the nearest halt cent, The Committee was reminded that similar application was made by the China General Omnibus Ca., Lid. and approved by the Council "in March last; and the application of the Tramway Company was recom~ mended for approval by the Council.
This approval was granted at the Council meeting on July 22.
Text read from the printed page and cleaned; old type leaves the occasional error.