London vid Bombay, 3rd March.
The naval estimates amount £88;889,000, compared with 286,889,000, in the previous fiscal 'The decrease is maamly in new construction and repairs, and is partly due tothe fact that last year's figures' include two vessels bought from Chile. The decrease in repairs is Aue to the elimination of vessels of mall fighting value, It is ed to begin in the present l_ year one battleship, four armoured cruisers, six ocean-going and twelve coastal destroyers, and'eleven submarines.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.