Shanghai, Mar. 14.
Air service "between Shanghai, Nanking and Peiping, which has been, Suspended since the start of the hoatiities, willie resumed by the Central China Aviation Company today, according {0 the Shanghai chi" yesterday.
Planes bound for Peiping by way of Nanking will leave Shanghai at 930 a.m. arrive in Nanking at 11.30, depart at 1150 and reach Peiping at 3pm.
on the Shanghai-Nanking line planes will leave here st 950 am. and arrive in Nanking at 1050 Gelock. Planes will leave Nanking at 230 am. and arrive in Shanghai of 930 am.
Deficit of Nearly $3,000,000 Estimated; Two Per Cent. Rate Increase Will Cover About Half Shanghai, Mar. 11. REVEALING 0 deficit on the ordinary budget of the Shanghai Municipal Council for 1939 amounting to $2,946,000, the report, by the Treasurer and Controller together with comparative detailed statements of estimated ordinary income and expenditure for 1939 was released by the Council yesterday.
The report and statements were submitted to a meeting of the Finance Committee on March 3 land show a net income, after deduction of the transfer to education, of $25,309,000 and a total estimated expenditure, exclusive of educat of $26,256,000. Increase of 2 per cent., in the rates has been proposed by the Council, In regard to income, the report states: It was noted that the pre-Timinary estimates of income from all sources. totalled $27,246,750 and hat" the transfer "to education amounted to $2,272,370. Increases in Various estimates of revenue had recommend that taxation be levied at the following rates:
Land Tx a he rate of tanh of one been effected to the extent of $335.450 and' the net income after deduction of the transfer to. Education was shown at $25,300,890.
With regard to expenditure, the Treasurer & Controller observed that the preliminary estimates, exclusive of education, us submitted by depart ments together with other appropria-tons of general expenditure, totalled $28,901,237. This figure was'reduced, after providing for amended Staff proposals, to $28,827,450 prior (o con~ Sideration of the estimates by the a Er aay eral, Manteinal Rate at 36 rom 1A 380" to "une able by. the eetants, quarteny" tu 1, fob. to Tne 3. santa 16 er ili teat 1 pr cut, from. Ai
ents from July "tho uth the Sthial mein of the Tata feradvance on the askors= the ashen appropriate Committees. Further re- Mies uctions in the general section of the estimates to the extent of $200,770 had subsequently been effected in collaboration with Heads of Departments and a sum of §280,000 had been transferred from rice account to the jeredit of various departments in re spect to refugee measures. 'The total estimated expenditure, exclusive of education, was shown' at $28,256,080.
'The Council on March 8 endorsed the recommendation of the Finance Committee that the ordinary budget and. the proposed schedule of rates, axes, dues and fees be adopted, subject to the Increases in Land' Tas. General Municipal Rate' and Special Rate being effective from Oclober 1 Instend of Suly, 1, a8 already an= nounced.
The Defielt 'The Treasurer & Controller _reported that the deficit on the ordinary budget for 1913 thus amounted to 'a8 compared with an initial estimated deficit of $2,994,700 at the time the preliminary' estimates were submitted to Committees. The differ fence of $987,850 was summarized as follows:
Reductions in estimated expenditure 3, 3 generat Account... 2909
Text read from the printed page and cleaned; old type leaves the occasional error.