Municipal Council have been ranted a general pay and high. fast of "living allowance in~ trease of forty to sixty per cent, it was learned yesterday. The Increase, which is effective from November 1, is similar to the one granted by the Shanghai Municipal Council to its employees, will place before the Board a report of the minimum requirements. of epitimate tradesmen in exchange It was learned yesterday that the had not Yet. obtained the Cor the Body to pass a bye-law regarding control of retail prices," Meanwhile the prices of commodities continued to soar during the past few days. A further decline in the value of the Jocal dollar yesterday' inthe "Black Market" caused considerable misgiv=
pected that an improvement woul dna itor circle, but it was ex. Seen soon in the exchange rates, H.C.L. Increase by Ten Per Cent 'The cost of living for western for~ eign salaried employees increased almost. 10 per cent. in October, ae cording to's "monthly report of the ndusitlal and' Social Division of the SIM, released yesterday. "Americans fand Siritons here wore more serlously' affected by the increased costs commodities "owing to belt greater Sse of Imported. goods whose prices have been considerably influenced by ndverso exchange developments the biacke markets. The Council com>
Text read from the printed page and cleaned; old type leaves the occasional error.