XN000022-1990-12-03 — Page 6

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THE SETTLEMENT STARTED WITH A CHILDREN'S CLUB, OPERATING IN ROOM BORROWED FROM THE PAK TAI TEMPLE IN STONE NULLAH LANE.

A

GROWN ΤΟ "FROM THESE HUMBLE ORIGINS, ST JAMES' SETTLEMENT HAS

KONG SERVICE ORGANISATIONS IN HONG BECOME ONE OF THE LEADING SOCIAL WITH SOME 230 STAFF.

"ALTHOUGH THE SETTLEMENT HAS ITS ROOTS IN WAN CHAI, WORK EXTENDS WELL BEYOND THAT DISTRICT," HE SAID.

ITS GOOD

PUBLISHED ISSUE,

"FOR EXAMPLE, THE ST JAMES' MONTHLY NEWSPAPER, PRIMARILY FOR ELDERLY PERSONS WITH A CIRCULATION OF 20,000 PER IS WIDELY READ IN HONG KONG.

IN THE URBAN "ITS NEW MULTI-SERVICE CENTRE FOR THE ELDERLY

OF THE COUNCIL SHEUNG WAN COMPLEX MARKS A NEW STAGE OF DEVELOPMENT

OUTSIDE WAN CHAI, SETTLEMENT IN THE EXPANSION OF SERVICES TO AREAS THE CHIEF SECRETARY SAID.

SIR

LEADING

ΤΟ

OF PAID TRIBUTE

MANY

MEMBERS DAVID COMMUNITY WHO HAD HELPED TO STEER ST JAMES' SETTLEMENT IN THE LAST YEARS.

HE ALSO THANKED THOSE PUBLIC

Fi

THE 40

SPIRITED INDIVIDUALS, INCLUDING VOLUNTEER AND HOUSEWIVES

STUDENTS,

PROVIDED INVALUABLE WHO HAD

MENTALLY HANDICAPPED AND SERVICE, SUCH AS HELPING TO LOOK AFTER THE THE ELDERLY.

"THE

VERY

CONTRIBUTIONS SIGNIFICANT SETTLEMENT TO HONG KONG OWE MUCH TO THE EFFORTS AND THE DIOCESAN WELFARE COUNCIL, MEMBERS OF THE EXECUTIVE

SIR DAVID ADDED. WELL AS ITS STAFF, PAST AND PRESENT,

CONT

MADE BY

ST JAMES' COMMITMENT OF COMMITTEE AS

++

0

MONETARY STATISTICS FOR OCTOBER PUBLISHED

**

HONG KONG DOLLAR DEPOSITS

INSTITUTIONS WITH AUTHORISED

OF REGISTERED SOME DECLINE

THE BACKGROUND DURING OCTOBER AGAINST

THE FOUR MONTHS BEFORE STRONG CONSECUTIVE INCREASES RECORDED IN

BY THE SEPTEMBER, ACCORDING TO STATISTICS PUBLISHED TODAY (MONDAY) MONETARY AFFAIRS BRANCH.

OF HONG KONG TOTAL LOANS AND ADVANCES,

CONSISTENT WITH THIS, ALL BROADER DEFINITIONS DOLLAR MONEY SUPPLY FELL DURING THE MONTH. ON THE OTHER HAND, RECORDED AN INCREASE DURING OCTOBER.

DEPOSITS

HONG

KONG

DOLLAR

AUTHORISED ADJUSTED TO INCLUDE SWAP DEPOSITS, DECLINED BY

WITH DEPOSITS

INSTITUTIONS,

0.6 PER CENT IN OCTOBER, FOLLOWING THE SUBSTANTIAL INCREASES OF 2.4 PER CENT AND PER CENT IN JULY AND AUGUST RESPECTIVELY AND A SLIGHT DECLINE OF PER CENT IN SEPTEMBER.

3.2

0.2

/OF THESE