CO129-615-4 Harbour craft used by Hong Kong Government- financial arrangements 30-1-1948 - 12-1-1949 — Page 16

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list to the Ministry of Transport list and six

vessels (MINTOON D.P. Nos. 6 and 10 and MINHOP

Nos. 2, 3, 10 and 17) were transferred from the

War Office list to the Ministry of Transport list.

The list of Ministry of Transport craft accompanying

your despatch No. 19 of the 30th January 1948

therefore included these vessels; and it

included them fexcept for MINTOON D.P. 6 and

MINHOP 17) at the valuations given on the

Director of Marine's earlier lists. The values

of MINTOON D.P. 6 and MINHOP 17 were reduced on

the list accompanying your despatch No. 19 because

the vessels were taken over incomplete.

One

vessel, PHOENIX I, appears on the list

accompanying your despatch No. 19 which did not

appear on any of the three previous lists.

4.

The net result of these changes is that

the valuations on the three lists now stand as

follows:-

Ministry of Transport £199,175 (as on list

accompanying your despatch No. 19.)

Admiralty

£173,350

War Office

£ 1,600

The valuation of £199,175 appearing on the list

accompanying your despatch No. 19 is being taken

as the basis for negotiation with the Ministry of

Transport so far as Ministry of Transport craft

are concerned.

5.