XN000022-1995-08-16 — Page 12

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Interruption of salt water supply to Chai Wan

Consequent to the landslide at Fei Tsui Road, Chai Wan in the morning of August 13, a 24-inch diameter water pipe connecting the Chai Wan Salt Water Service Reservoir was damaged resulting in a complete interruption of salt water supply to the whole area of Chai Wan, Siu Sai Wan and Heng Fa Chuen.

A spokesman of the Water Supplies Department said today (Wednesday) with confirmation on the safety of using half of the service reservoir, the department had commenced temporary arrangement with a view to resuming salt water supply as early as possible.

He expected that a longer period of interruption was inevitable but upon the completion of the works being carried out, salt water supply to the general areas in Chai Wan would resume by the morning of Saturday (August 19).

End/Wednesday, August 16, 1995

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,476

0930

-149

Closing balance in the account

1,394

1000

-159

Change attributable to:

1100

-159

Money market activity

-162

1200

-162

LAF today

+80

1500

-162

1600

-162

LAF rate 4.25% bid/6.25% offer TWI 122.1 *+1.1* 16.8.95