The figures for new construction—that is, expenditure on vessels be-Yonging to the 1937 and earlier pro-rammes—show an increase over the Hew construction provision of last year of £7,895375. This is an inication of the good progress which is being made in the large building Programmes of 1936 and 1937.
Another large increase is found in the provision for the maintenance, repair asd manning of the fet, which is £9120,925 larger ghan the provision for these services in 1937.
Among the factors contributing to. Ulus increase are the much bigger volume of dock-yard work on large repairs, including the reorganization of capital ships and the rise in the prices of materials—Wireless Through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.