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THURSDAY, SEPTEMBER 19, 1974
CROWN LAND SALE ******
THREE LOTS OF CROWN LAND WITH A COMBINED AREA OF SOME 76,000 SQUARE FEET WILL BE OFFERED FOR SALE BY AUCTION NEXT MONTH.
TWO OF THE LOTS ARE FOR PRIVATE RESIDENTIAL DEVELOPMENT. ONE IS LOCATED OFF TIN HAU TEMPLE ROAD ON HONG KONG ISLAND AND MEASURES 48,000 SQUARE FEET. THE OTHER COVERS ABOUT 16,500 SQUARE FEET OFF CHAI WAN ROAD.
THE THIRD LOT IS FOR INDUSTRIAL OR GODOWN PURPOSES. IT IS LOCATED IN WONG CHUK HANG ROAD IN ABERDEEN AND MEASURES ABOUT 11,400 SQUARE FEET.
THE AUCTION WILL BE HELD AT 2.30 P.M. ON OCTOBER 18 IN THE CITY HALL LECTURE ROOM.
FULL PARTICULARS AND CONDITIONS OF SALE MAY BE OBTAINED FROM THE PUBLIC ENQUIRY SUB-OFFICE, CENTRAL GOVERNMENT OFFICES (WEST WING), GROUND FLOOR, HONG KONG, AND FROM THE CROWN LANDS AND SURVEY OFFICE, KOWLOON GOVERNMENT OFFICES, 405 NATHAN ROAD, 10TH FLOOR, KOWLOON.
AUGUST G.C.P.1. DROPS BY SIX POINTS
AS FOOD PRICES SLUMP
********
THE GENERAL CONSUMER PRICE INDEX FOR AUGUST DROPPED BY SIX POINTS TO 187. THIS WAS 3.1 PER CENT LOVER THAN THAT FOR THE PREVIOUS MONTH.
THE DROP WAS DUE MAINLY TO A DECLINE OF 13 POINTS IN THE INDEX FOR FOODSTUFFS. COMPARED WITH JULY, THE AVERAGE RETAIL PRICE OF FRESH VEGETABLES DROPPED SIGNIFICANTLY BY 37 PER CENT. THIS WAS MAINLY ATTRIBUTABLE TO A SEASONAL INCREASE IN SUPPLY FROM LOCAL FARMS.
THE AVERAGE RETAIL PRICES OF RICE, POULTRY AND FRESH FRUITS ALSO DECLINED, BUT, THE AVERAGE RETAIL PRICES OF PORK AND MEALS BOUGHT AWAY FROM HOME ADVANCED.
THE INDEX FOR CLOTHING AND FOOTWEAR WENT DOWN BY TWO POINTS, WHILE THE INDEX FOR TRANSPORT AND VEHICLES ADVANCED BY FOUR POINTS. THIS WAS LARGELY BROUGHT ABOUT BY THE RECENT UPUARD REVISION IN THE FARES CHARGED BY THE HONG KONG AND YAUMATI FERRY COMPANY.
INCREASES OF ONE POINT EACH WERE ALSO RECORDED IN THE INDEX FOR FUEL AND LIGHT, THE INDEX FOR DURABLE GOODS AND THE INDEX FOR SERVICES.
MOVEMENTS IN THE INDEXES FOR OTHER SECTIONS OF COMMODITY WERE INSIGNIFICANT.
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