Whilst admitting that rates prevail ing in other cities are not a criterion as to proper rates for Shanghai, and, because of war conditions, it has been impossible to obtain comparative data from undertakings abroad for periods later than 1939, the company compiled and submitted such comparative data, based upon the latest available information, for the following: Tokyo, Hongkcbg, Singapore, Manila, Cal-cutty, Sydney. Manchester. the French Concession and Chapei, With the exception of the rates in the French Concession, the rates, inclusive of all ssu the relief now requested are sübstantially the lowest, despite the fact that about one-half of its fuel is imported from Calcutta and the Dutch East Indies.
After thoroughly considering the matter, during which full expla2ations of the investigations made by the Council's officials into the company's application were heard, the Public Utilities Committee recóm-mended the application for approval subject to the conditions and to the usual conditions imposed in approving temporary surcharges on public utility tariffs, This recommendation was endorsed by the Council in meeting on May 28."
Text read from the printed page and cleaned; old type leaves the occasional error.