The Archive · 1939

Municipal Council Sanctions Increase in Tram Fares

JUNE — Heavy Increase in Operating Costs and Depreciated Dollar Quoted by Company

Shanghai Electric Construction Ca., Ltd., recently requested approval by the Shanghai Municipal Council of a revision of fare charges.

The Company's fares were last increased in June 1933, and upon conversion in terms of the new coinage these fares averaged in March 1937, 2.67 cents first class and 1.84 cents third: class per mile. The maximum charges provided for "by agreement between the Company and "the Council are ten cents per mile first class and five cents per mile third class.

Text read from the printed page and cleaned; old type leaves the occasional error.

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