NEWS AND NOTES

King Country Chronicle, Volume XXVI, Issue 3447, 24 March 1932, Page 1

NEWS AND NOTES

New issues continue to be heavily over-subscribed. The latest, the Port of London authority £2,000,000 5 per cent, at £lO 10s., was covered 25 times. A total of £270,000,000 has been offered in three weeks in response to invitations to subscribe £8,900,000.

Dispatches from New York state that it is understood that Mr. Joseph McLennan, racing secretary of the South Maryland Agricultural Association, has been in communication with Mr. Davis regarding the possible appearance of Phar Lap on the Bowie track, Maryland, early in April. He seems confident that an agreement can be made.

The Japanese authorities have decided to recall home five cruisers, two aircraft carriers and 16 destroyers from the 3rd Japanese Fleet in Chinese waters. On March 20 an order to the above effect was accordingly issued.

If the decision of the British Government on the communal question, upon which the Hindus and Moslems themselves are unable to agree, is not announced before the end of June this year, the Moslems will devise effective methods for the boycott of the Round Table Conference and its committees. The Vancouver "Sun's" Ottawa correspondent states that the Government is considering postponing the opening of the Imperial Conference from July 18 to July 21 m order to enable the Antipodean delegates to arrive for the inaugural session. The steamship services forbid their attendance on July 18.