THURSDAY, DECEMBER 4, 1980

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AT THE MOMENT MARRIED WOMEN DO NOT RECEIVE HOUSING BENEFITS. IN FUTURE, THE PRINCIPLE WILL BE THAT SENIOR MARRIED FEMALE OFFICERS SHOULD BE ELIGIBLE FOR A PRIVATE TENANCY ALLOWANCE AT THE RATE APPROPRIATE FOR SINGLE WOMEN, IF THE MARRIED WOMAN AND HER HUSBAND ARE RENTING ACCOMMODATION.

IN ADDITION, MARRIED WOMEN WILL BE ELIGIBLE FOR MEDICAL BENEFITS, INCLUDING DENTAL TREATMENT WHEN FACILITIES PERMIT, FOR THEIR CHILDREN.

IN ITS REPORT, THE STANDING COMMISSION HAS ALSO MADE RECOMMENDATIONS ON THE SALARY SCALES AND STRUCTURE OF NEW GRADES AND RANKS CREATED OR PROPOSED SINCE ITS SECOND REPORT, ON THE PAY AND STRUCTURE OF INDIVIDUAL GRADES WHERE NEW EVIDENCE HAS BEEN PRODUCED TO THE COMMISSION, AND ON THE PAY SCALES OF SPECIALIST CIVILIAN POSTS IN THE ROYAL HONG KONG POLICE.

THE WIDE RANGE OF PROPOSALS IN THE REPORT WILL BE IMPLEMENTED ON VARIOUS DATES. THOSE RELATING TO SOME GRADES WHICH WERE NOT DEALT WITH IN THE STANDING COMMISSION'S REVIEW OF OCTOBER 1979 WILL BE EFFECTIVE FROM THAT DATE OTHERS WILL BE IMPLEMENTED FROM OCTOBER 1980 OR A FUTURE DATE.

A CHANGE WHICH WILL BENEFIT MANY CIVIL SERVANTS IS THAT REVISED CONVERSION RULES+ ARE INTRODUCED, WHEREBY WHEN THE MINIMUM OF A PAY SCALE IS RAISED, AN ADDITIONAL INCREMENT WILL NORMALLY BE PAID ON +CONVERSION+ OF STAFF FROM AN OLD SCALE TO A NEW SCALE.

COPIES OF THE REPORT ARE NOW BEING DISTRIBUTED TO STAFF ASSOCIATIONS AND DEPARTMENTS. COPIES ARE ALSO ON SALE TO THE GENERAL PUBLIC AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, HONG KONG. THE REPORT IS AVAILABLE IN EITHER ENGLISH OR CHINESE, AND COSTS $25 A COPY.

MONEY SUPPLY AND FINANCIAL STATISTICS FOR OCTOBER

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TOTAL LOANS AND ADVANCES IN HONG KONG ROSE FASTER IN OCTOBER THAN IN SEPTEMBER, BUT AN OUTFLOW OF FUNDS FROM HONG KONG CAUSED THE MONEY SUPPLY ON ALL DEFINITIONS TO INCREASE BY MUCH LESS THAT MONTH THAN IN SEPTEMBER.

THERE WAS A FURTHER GROWTH IN DEPOSITS WITH DEPOSIT-TAKING COMPANIES IN THE MONTH. DEPOSITS WITH BANKS WERE ALMOST UNCHANGED= A FURTHER SHARP RISE IN LENDING BY BANKS WAS FINANCED BY THE IR INCREASED BORROWING FROM DEPOSIT-TAKING COMPANIES.

DETAILED MONEY SUPPLY AND FINANCIAL STATISTICS FOR OCTOBER 1980 PUBLISHED TODAY, AND COMPARISONS WITH EARLIER MONTHS, ARE SET OUT IN THE FOLLOWING TABLE :

MONEY AND

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