Shanghai. June 7.
ATER and electricity charges were discussed at the first meet ing of the Public Utilities Committee of the Council for the Municipal Year 1939/40 held on May 19 when Mr. R. G, Mac-Donald was elected chairman of the committee.
In view of an improvement in the position of the Shanghai Waterworks Ca. Ltd,, the Company has decided to postpone reconsideration of an increase in tariff for six months.
Regarding the Shanghai Power Company the Council has endorsed the Committee's recommendation that the power surcharge be continued subject to review at any time.
At the meeting, consideration was given to a loller received from the Shanghai Waterworks Ca, Ltd. on the subject of the Compans's. tariff of charges and other related matters The Committee noted an improvement the Company's position, due to the increased demand experienced during the Inst si months of 1998, as com= pared with that anticipated in September 1938 when the matter was last before the Committee in con= nection with the abolition of the rebate of 20 per cent. then in force. Whilst maintaining that an increase the {ari was. still justified, the Company expressed willingness 10 Postpone its reconsideration for a further six months in recognition of present abnormal elreumstances. and Inva desire to assist consumers, 'A report by the Treasurer and Con~ troller was submitted, dealing with various aspects of the matters re~ Terved to and the Company's financial position, The Committee recommended that_no change be made in the tariff and that the. position be reviewed in'six. months' time as_ suggested by the Company. The Council on May 31 approved the recommendation of the Public Utilities Committee.
Text read from the printed page and cleaned; old type leaves the occasional error.