The Cambria Daily Leader

JOY IN GERMANY I :1JNIY STORY OF EFFECT OF THE LAST ZEPPELIN RAID I "A COLD SWEAT OF TERROR-" AL description, of last Saturday night s teppeiiii raid which will he read with rtnbounded joy in Germany and great P'ffiusement in this country a pilars iu the Leipzig ^s'eueste Naehriehten." It epeaks of (I-e-astation on an un- heard-of ecak', of many towns in ruins, t great fires in London; but not a word it say aliout the disaster to L 21 at Cuffk-y. Here is the story :— "A most welcome message of joy I An air raid on England witli thi-, co-operation \)f an unprecedented' number of air erniwrs! Several naval and army air Squadrons have bOWn t he land of our worst foe with bomhs. catising devastation on an Unheard of scale, and spreading a horror bordering on in-a riity everywhere from the north-easternmost extremity of the Eng- lish coast to the south-western districts of 1 ,Lu> "WE CAN PICTURE-" We can picture the desolation that Jaust reign in Colchester, Ipswich, Sheer- Hess, Margate, and Ramsgate, where day and night the work for England's Army and Navy goes on, and where the German air weapon has now completed its pitiless task of destruction. "liondon, ahoye all, has been most genorouidy dealt with in the way of bombs. Our unapproachable king of the air distinctly saw the immense flames rising np into the night sky as with many a mighty crash blocks of houses were torn asunder. Filled with proud satisfaction, our heroes oould wend their way home- ward because they knew that their Ixunbs had done excellently#well. Ond England's constantly improved once again proved a glorious failure. How the inhabitants of Dover and Folkestone m'lst have trembled, how the holiday-makers at Brighton and Hastings must. have broken out in a (-old sweat of terror when the iron thunderstorm broke over their heads! LONDON'S TERROR. In London the terror at the Zeppelin attacks is indescribable.' Thus only yes- terday wrote a friend who had spoken with neutral witnesses of the German air raids. Once again the merciless lords of the Island Empire have been filled with this umauny, overwhelming horror, and wherever their stricken, hunted eves turn they behold'fresh pidur of ghastly de- struction. "We must see to it, however, that their fe.ar6 are constantly aggravated. They must find not a moment's security any- whpre. They must be made to comprehend that their insular aloofness belongs to the past. and that we are in a position to clutch hy the throat the unscrupulous in- cendiaries of the world conflagration. Even though the whole of London had to be beaten into one gigantic heap of ruins we must hammer it into their addled brains with utter ruthatssness that the German people have the iron will to over- thio.w their worst foe." THE LOST L 21. The Munich cues to Nhricbten n i finds consolation, for the los6 of L 21 in the fact that the wreck will be of no use" to us, and the .secret "• of Ger- 'many's airships will be preserved. It ;sa.rs "One airship the fewer! We need not 'consider this loss any more seriously than that. of a cruiser or a torpedo-boat. She did her duty, and in its fulfilment. her cpew perished. A confused heap of bent and battered metal lying somewhere on English soil re- presents the first airship destroyed in Eng- land after an aerial war of more than a year and a half. The destroyed Zeppelin will 00 of no more use or information to TT'-np-i; j h the vSeppelin which months ago was shot down at tli" Thames mouth and -,auk.. The secret of our airships will be preserved. Be-i(i,-S, if is not enough to build a asab!? airship; it has to be skilfuUy used E?nd naigat(>d. and that is the one thing in which the English cannot imitate us. though they bring down half a dozen Zep- p<'I!n? more in the next raid.

WAGES AND LIFE LOST. A Clyde fitter's labourer lost his wages, and thU &o depressed him that he de- clared that he would end his life. He went out on Friday morning, and hid wife followed him through several streets but eventually she missed him. The man made his \yay to the Clyde and drowned himself.

GWAUN-CAE-GURWEN STUDENTS. irriii this locality at the Vstaly- fera County School did remarkably well at the last July examinations of the Central Welsh Board, whose results have just been issued. Two pupils—namely, Baden Evans, sou of Mr. J. M. Evans, headmaster Tairgwaith Council School, and fiegina Jones, Crosslands—gained the ■ Welsh Matriculation through the senior certificate. Also Maggie Evans, daughter of Mr. John Evan. Gate-street, tiuccese- fully negotiated the junior examination. I Congratulations to all.

The Swansea Chamber of Commerce Tutid towards the two ambulance cars now amounts to upward s of t700. The joint secretaries are Mr. A. W. E. Wynne I •and Mr. Harry Behenna.

"?  When ,'{ "'ben the ?.?'?==  Trapeze Broke —t'oe fearleew artisff ?ced instant death Llow did she recover herse)f In '?at dizzy m:d air heieht to 88V her Ufe? Thi" ??1 scorcs of other thrilling Incidents will he neon m tha.t f?scin&ttng Trans- Atlantic Serial PhotO-9.Y "The A,putmreg of Peg O' The P.ine in are featured the two Ereat st" 'LOUBEQUE nan LU LB !OVB.otn"rwiøeknown"¡ lI'r8.n.ch¡ Ford and Grace rOeValE, .0thprwi1a6 o weeks V°u y. Snd onprem enter- tainment. solid en.iovmofit-agree that this novel, and entirely Miqn6 ?erial is intensely Gripping Absorbing Fascinating It, will afford yon a new c.balseter of aerial photo- )1r>.7 entertainment, See it ever, week. it,g the aly cirocs serial ever filmed. SEE "The Adventures of pee O.The Rinat Commjencing Thursday, Sept. 14th. 1

COAL AND COKE SUPPLIES. Official Circular to Public Bodies. I We have received from Mr. Fint"y A. (nlls.on. eiccreUiio' t !k Lhst!! I Conl r. n<i Coke uppLie6 Committee for South Wales and Monmouthshire, appointed by the Board of-Trade, a copy of a circular which has been addressed to various public bodies in South Wales, setting forth the arrange- ments for the supply of house coal during the coming winter. It states that all the colliery companies in the South Wales and Monmouthshire district shall be instructed to supply the same merchants with the 6anie quantity of house coal each month from September to December inclusive as was supplied in the cofresponding months of last year. It is considered that this is the best course to adopt, as each colliery company will then know to whom, and what quantity, they have to supply each month, and the merchants will know to which colliery companies they have to apply for their house coal, and the quan- tity ttiey are entitled to order from each company. For example, assuming a mer- chant bought from a colliery company (b) 500 tons and from a colliery company (e) 200 tons in September, 1915, lie would be entitled under the above arrangement to buy from colliery company (b) 500 tons and from colliery company (f) 200 tons in September, 1916. The scheme has re- ceived the approval of the Board of Trade, and must not be deviated from by the merchants. "It is niost important," the circular adds, that every effort should be made by any committee appointed in your district, and by the coal merchants, to point out to the householders the urgent necessity for the strictest economy in the use of fuel, and the committee request that every assistance poss le shall be rendered to keep the requirements down to the lowest possible limit."

NOT 1,000,000 MORE. I The following statement appears in the current issue of the "British Weekly": It is stated on good authority that the War Office intends to call up a mil- lion more men. We are not in a position to confirm or to deny this story, but if it he t rue it will excite no surpri*. Tkuwaeans that the old lists will be gone back Upon- that men who were unfit for foreign ser- vice will be relegated to home defence; and it aloo means, in all probability, that the aire limit will be raised to 45. These arc., still, however, matters of .speculation. The casualty lists are not matters of specu- lation. and they tell their own tale." It is probable that the foundation for this statement is to be found in the action of the authorities in frequently reviewing lists of exempted men-a. policy which was announced in Parliament some time ago. Furthermore, it. will be remembered that in a circular addressed to the tribunals at the end of August. Mr. Long impressed on them "the urgent need for the fcarly derision of cases," and requested that they should bear in mind that the immediate of the Army for men, is very great, and that exemption should not be granted in any case unless it was cleanly justified." We learn, however, that no new decision has been come to at the War Oftkw., and there has been no change in principle or policy with regard to the supply of men for the Army. It follows therefore that the present f' limit remains in force.

RACING NEWS. ) OFFICIAL SCRATCH-INGS. Autnnsn Stakes,- Newmarket, and York I Stakes. Newmarket—Patlander. Laketiheatli Handicap. N(,wmarket-Bra-m- I bl" Tuiii. Uarleston Handicap. Newmarket—Talus.

The sum subscribed towards the I Mayor's War Fund by the Swansea Cam- ber of Commerce amounted to £ 901 fe. Id., ?hi<?) has h?n banded over to the fund. T1H' jnint f.?rpta.ries were Mr. A. W. E. Wynne n9 Mr. C. Hfmdjoide.

I INATIONAL EISTEDDFOD ——— I Neath and the 1918 Meeting. I Convened by the Mayor of Xeuth (Coun- cillor Thos. Jones', a public meeting was held at the Gwyn Hall on Friday evening to consider the advisability of inviting the National Eisteddfod Association to hold the Cymric festival at Neath in 1918. The attendance was representative of all tia.sses, and a healthy enthusiasm was displayed. In ihe absence of Aid. H. Morgan. J.P., the chair was occupied by the ex-Mayor (lir. Mathew Arnold), who, in his intro- 1 ductory remarks, said that Neath was an ideal centre for the National Kisteddfod, and if they worked well, he felt sure the town would not be again disappointed. Mr. Philip Thoma.s ivas appointed sec- retary pro. tem., and before entering upon his duties he said he would do his utmost to help the effort to success. Aid. Abraham Thomas, J.P., Llansam- let, said that if it was thp enthusiastic wish of the meeting to invite the National Fisteddfod to Neath in 1918. it would, he felt, certain, be accepted. (Applause.*) Neath had a claim upon the Association, since the Abergavenny Festival, and it would have niiieli weight..Thtre, was an injunction from headquarters that the Grand Eisteddfod should be reduced to two days, but that would not prevent them holding a eymanfa ganu if they so wished. He moved the resolution inviting the j National Eisteddfod to Neath in !91> Aid. Ilopkin Morgan arrived in time to second the resolution, and Veferred to th-e claims of other towns. Porthcnwl. he said, did not stand a ghost of n chance if compared with the geographical advan- tages-of Noath. They had the population and all the essentials to make the Eistedd- fod a. success. If the tradespeople of Neath, and the residents ot' means and position, gave the movement their warm- hearted and generous support, its success was assured. CAnnbiuse). NEATH AND ITS POPULOUS SUBURB." J he Vicar of Aiiemcrgwm (Rer. J. I ,L Thomas', supported the resolution, and said he mentioned the claims of Neath at the Aberystwyth meeting, when Sir Vin- cent Evans announced that no invitations had been received. As a result, the ques- tion was postponed for three months. Other towns were now advancing their claims, but Neath, with its populous suburb, Swansea—(laughter)—was slicil an ideal cent re, that it's claim could not be overlooked. Dr9 D. LI. Davies, J. P.. said it reflected no credit on the people in the locality that the Eisteddfod had not been held in Neath before. Bnt now that her people were ç'oiog to put their ,o the wheel, there would be no turning; back. The Rev. Thomas -Morgan, Skowen, speaking in Welsh, said the claims of Xeath were unrivalled. Mr. John Phillips (Aberavon) Rpi(i i ,lio movement, had his warmest support. When he knew Neath was in the running, he felt bound to forsake Porthcawl and sup- port Neat h, because they considered Neath the suburb of Aberavon. (Laughter). Mr. Ilopkin Evans, Mus. Doc., voiced the feeling of Resolven in support of the movement, which, he said, was warm and enthusiastic. The Rev. S. Davips (Britonferry) also supported. Mr. I. Morri s apologised for the absence of Mr. T. J. Williams. M.P., and said that he was prepared to support the effort in every possible way. (Hear, hear). The resol ution was carried with accla- mation, and a provisionaTcommittee was appointed. PORTHCAWL. )n connection with the National p;is- teddfod. )t)?, Mr. T. Jamc?. J.P., pr?- sided over a general committee meet in" on -.idwi o-(,r a -Piieral TM-— « g?od af- te.ndanoe, and much enthusiasm with reprard to its promotion. The collectors reported upon their work. The Guarantee Fund stood at £ 1,000; the subscription list was ilx)i-e ttoo. Pro- mises of support by members of the Gor- sedcl had been received, and a town's meet- ing has hn arranged. The memorial to the National Association has been ap- proved of.

BEER-OR BREAD? How to Reduce the Price of the Loaf. Addresing a crowded meeting at the Hippodrome, Pontycymmer on Friday, the Rev. J. T. Rhys, of Swansea, iiaid the food problem demanded immediate at- tention, for the high prices bore more heavily on those least able to bear the extra cost. The poor could not afford to pay more, nor could they afford to eat loss. One cause of the high prices was to be found in the existence of the drink traffic, for an enormous amount of val u- able food stuffs was destroyed in the manufacture of drink. Last year in the United Kingdom there were thus des- troyed '{,&M,<)00 ewts. of 6ngr. TI]? sJjorta?G of su?ar would ('8U$ tons of fruit to waste because it could not be pre- i served. Grocers were complaining that they were allowed ouly restricted quan- tities, while the brewers were still allowed ejiormou? quantiti 61 million bushels of barley or tor a, or a quantity equal to to thre-quartN''5 of the baTle# imported and home grown, a quantity adequate to make a thousand million lib. laovee, were. also destroyed in the same way. Vast quantities of potatoes, rice and maize, were destroyed for the same purpose. Other nations had taken drastic and effective stops to lessen this waste when war broke out. The National War Sav- ings Committee had drawn attention to this waste in this country. Immense quan- tities. of food material, such as barley, wheat and maize are used in this coun- try for the manufacture of beer and spirits. As beer and spirits are almost valueless as food, and can only be classed as luxuries pure and simple, all this grain is lost for food purposes. If this grain were available for food, both of man and beast, the price of bread and meat would be lowered. As to the remedy for this state of things he advocated State pur- chase of the liquor traffic. This would make it po&sible for the nation to man- age affaifm which concerned it vit&Uy, and control its own destiny. It was en- couraging to know that social .reformers of all schools, and also members of the Cabinet were now supporting the proposal.

BOWLS AT THE WELLS. The tournament for the Gibson-Watts cup at I.laiidrindod Wells has been a great success, and there seems every probability of the cup remaining in Swansea for another year, M on Friday morning, prior to tile fourth round, six of the eight com- petitors left in the tournament IxJonp to the tow-n, the other two being H. Davies (Chester) and John Pollock (the Cardiff international) Harry Williams, who has already one claim on the trophy, was heaten by H. Davies in the second round, after a close game, by 21 shots to 19. Several Llanellv hosiers looked like going far in the competition, but the last of the wood rollers- from the tinplate town, L. W. Adams, was defeated in the third round by H. Davies (21-19). The Swansea. players left in the tournament for the fourth round are W. E. Auckland, D. A. Sutherland (the holder). J. H. Hanlon, J. Merriman. D. McMillan, and A Driver." John Pollock and H. Davies, however, are opponents who will fight all the way, and the Swansea men will have to be at their best to retain the eux for -the--fown--

I GALLANT IRISH Ii BIG PART IN CAPTURE OF CUILLEMONT I ALLIES' AERIAL SUPREMACY I BRITISH OFFICIAL. General Headquarters, trance, Friday, 10.8 p.m.—Th e main features of to-day's operations has been an intense artillery bombardment by both sides. The general situation is unchanged. The Irish regiments which took part in the capture of Guiilemont. on September Jrd behaved with the greatest dash and gallantry, and took no small share in the success gained on that day. This afternoon we successfully exploded a mine near Railway Wood, aouth of the Ypres-Roulers railway. Yesterday artillery fire was directed by one of our aeroplanes on a hostile machine which landed behind its own lines. The machine was set on tire and destroyed. Ten of the enemy's aerodromes were bombed with good effect, and there were many aerial com hats. One of the enemy's machines was forced down. I FRENCH OFFICIAL. I Paris. Fnday, 11 p.m.—To the south of the Somme local engagements have allowed us to progress in the village of Vermand- Ovillers. We took fiO prisoners. The artillery duel continues actively on the whole Somme front. On the right bank of the Meuse the Germans launched this morning several attacks on the positions captured by us in the Vaux-Chapitre-1.p Chenois region. The enemy, who luid succeeded in obtaining a footing in one of our trenches, was driven out of it shortly afterwards by a lively counter-attack made by our troops, in the course of which we made 100 prisoners and took several machine-guns. To the south-east of Thianmont we made progress by means of jjreoad eR. There was a rather livel\- bombardment of the sector of Thiaumont and of the wood and Fort Vaux. In the Forest of Parrov an attempt hy the enemy on one of our works was easily repulsed. Everywhere else there was the usual cannonade. During yesterday on the Sonnne front an enemy aeroplane was brought to earth in the region of Epinconrt following a fight near our lines, and was destroyed by our artillery fire Three other enemy machines appeared to be seriously dain;i*red. and the observer in one of them was killed by a bullet from a machine-gun It is confirmed that on the -ith Septem- ber Sub-Lieut. Guynemer bronght down his 15th enemy aeroplane in the region of Ablaincourt. 1 BELGIAN OFFICIAL. I Le Ran-e, Friday (received Saturday).— A communique issued here to-night says:— There was a duel or field artillery and trench mortars north of Boosinghe, and especially in the region of Dixmnde. Our 'I artillery delivered a destructive fire on the German trenches and batteries south of Jiet Sa«.— Press Association. THE ENEMY'S ADMISSION. Paris, Saturday. —The expert French commentator writes: On the Somme front the France-British artillery continues to bombard the German positions north and south of the river along the whole front. During the night the enemy resumed his powerful blow-s of the day before on a front of from seven to eight kilometres, running from Berny to Chaulnes. It is more particularly in the repon of Vermandovillers that he delivered his counter-attack. Four times he came to the charge, and was broken against the un- ? ''??bj? r<?if.tan<'p of onr <)oldifr?. On -trie .>- .or. -L" 'r 'j 'I' us to ma? pro?ross in the village of Vermandovillers. The day was lively before Yerdun, where the battle has lasted 200 days. During 11w -light and this morning the. G-ermans hurled important forces of in- fantry to the assault. of the positions recently conquered by our troops on the line of Vaux-Chapitre-Le Chenois Woods. Tbei- succeeded in partially re- taking a lost trench, but they were eoont chased from it by the brilliant return to the offensive of our troops, who eventually again made an advance south-east of Thiaumont Work. The Germans in to- day's bulletin acknowledge that on ti?. right bank of the :M('u they loet some ground north-east of Jouville Fort in the eour?? of fighting which took place the day before yesterday, and the news of the results of which were received later. If the enemy confe?fs this IMt defc.t it is because he has lost all 'hope of apeing the situation turning to his advantage. The flow of prisoners continues. The balance to-day is 250 on the Somme and about 100 at Yerduu. — Press Association War Special.

THE CAMBRIA I DAILY LtAuth HAS A Guaranteed Circulation LARGER than that of. any other paper published in the district oil Swansea and South-West [ Wales. I

I COMMERCE OFTHE DAY. BUTTER MARKET. Cork, Sai¡(rda,FiL''iUi, 162B.; seconds, ) 15vs.; i'l't-ch butter, 168 to 167s. I I MEAT MARKET. Centra! Market, Saturday.—Beef—Trade luiti Kcotcn Ion? siatj. in. <td. to '18,; sbort Sllkd, 7s. to 78. 8(t. Jteritdish sides, 6k. 2d. to Lmdt:uartc;. 6e. 2d. to 6s. 6d.; forequaiters. 4-. li'ld to 5. 3it. Mutton—'irade, dull: "COLCII wethers, 8s. to 8s. 4d.; ewes, of. to bs. 4d.; hr.giiah wethers. 7«. 4d. to 8a.; ewes. 6s. to 6^' 4(1.; English lamb. 8s. to 8s. 8(1.; .Scottish,So. to 9s. 4;1. I SOUTH TWA'LES MARKETS. I HUSIXHSK DONE Coal and Iron.-Blacnavon Ordinary. -Is. 3d. 4d., 2ie. 3d.. 2ie. 3d., 23s. 4Jd.; Con- solidated Cambrian Ordinary, 36s. Yd. (three times:; Cynou Collieries Ordinary, 37s,; Cel- tie Collieries ;r!fnarv. 13s., 13s. 3d.. 13s..5(1.. 13s. btl., 13s 6d., 13s. 9d.. 14s., 14«„ 14s. lid.: Celtic Preference. 8s. 9d.. 8s. nd.; D Davis ant I"<ons Ordinary, 69s. 59s.. 57s. 6d.. 58s. 6d. 59s. 6d., Ebhw Vale Ordinary. i'.6s. 6d.. 27s., 26s., Z(>s. 7id.; Gwaun-cae-Gurwen paid, 16.. 6d.: Powell Dtiffrvii Ordinary. 60s. (small lot); Norths Navigation Ord., 42s. 43s, 42. 9d., 43; 6d.. 4Ss. 6d.: Ocea .i C-al and Wilsons Ordinary. £ 11 lis. 3d.; Rhym- ncy Irou Old. 168,: Khymncf Iron New, 15s. 6d.; Rhyroney Iron Tret., lbs. Miscellaneous.—Hosei 1 as. 26«. 6d.. 26s. 6d.; Jiaiudy Shipping, 23s.; Cardiff tias Ordin- ary. 91: Roumanian Oil, 16s. 6d. (small lot): kyah'tim, 54s lOtd.; Dulcia Old, 33s.; Griffith Lewis New, 23s. 6d.; Moss Ordinary, 72s. 3d.: Taiping. 3s. 8d.; Kichardson Westgarth Ord. 6s. 6d., 6s. 6d., 6s. 7id., 6s. 3 d., 6a. nd.; At- lantic Trusts, 2s. Id.; Haenton, 24s. 6d.; Tempt, 2O3. I SOUTH WALES MARKETS. ilarkets have continued to display con- siderable animation, with substantial busi- ness passing in coal and iron shares, and, in view of the present strength of the..coa.1 trade and the very promising outlook for alons time to come, the widening interest in collicry securities is not surprising. Coiitoiidatc-.l Cambrian Ordinary have continued an excellent market, vith tre- Quent business round ios. 6d. As the finan- cial year-en I approaches tuese shares should experience good appreciation. The results fo this period are expected to es- tablish an easy record over ttic nast, D. Davi i £ 1 Ordinary have Kept exceed- ingly active, there beine a steady flow cf buying oidem The market closed with a further advance at 59s. 6d. tc 6Js.. cum the second interim dividend of 10 per cent. ac- tual recently announced and payable on the 30th inet The price of these shares :s expected to rise considerably over the next mQptll or two. A final dividend at the same ra-e as the two interims would make the distrilu'Lior for the current vear SO per cent., afFoiding a yield of 10 per cent, at the present price and of nearly JJ per cent. on the basii-f of 80s. per share, it would not be at all surfa'sing- to r-ee the 1a1tH' of these shares* rise 'Lo approximately the lat- ter figure. Albion Ordinary have been quiet, the quotation keeping stcdy at 9!-9!, BhunavO) Ordinary have show i further apfi eciation and a good busiress has been transacted in the vicinity of 25s. 3(1. The company's year ends on 'the 30th of the present month, arc) a better report than for many years past is generally iec&cd for. Baldwin; have maintained their rise to about 40s. Cardiff Collieries Ordinary have kept a firm market at from 21—2 £ Celtic" s eased somewha' ou profit taking to 11< 9d. middle, but have ago;) ill firmed up to barer* the Preference changing hands at from 8s. 6d to 8s. 90. C^ yncn Ordinary, k which we have r?- Cy?K.? referred in thep6 no? from wrek to Aveek. liavn shown a. further substantial advanc^ and are now changing 1 "eely rOUTI i. 8, Ebbw Vales are. better, with a stro ;i i8Suiry for shares at 255, 9I. to 26, 3d Th? phcé of these shares should rise materially on the dividend outlook, La:,t ycaj 12} per cent, was paid-tb? aver- age of <h? p[lt four years is 10 PH cent. J h., company )s dOl!w pxccrdlnciy wll with both coal and ii-on vTn1 -'??? ??" an Mcc?nt mar??. the T)ri. o ri to ?a. 6d cum dividend of 4?. per share._ ?heee arc now quoted on the ex dr> idend drsis. and close the week 41s. ?Ic'" ? P?? ?"t- 1'referen?e shares ot th? .ccmpany bave chan?d n..ids on the basis o.?s. to 2s. 6d. M dhid?nd. 5" h:ne W. nrm round 26s. 6d. <.r?t ?, ?tern Ordinary ?how ..och?n? but are steady at 9?! to ?. lns.?.,s also hae b?nqu?t, but firm in 'the ne.gbbourhood of 4?. 9(t. Norths Ordinary have SlJnUl into sudh den d,emand towards the close of the week, ??? ???' advanced rapidU- 1Ö 40s. 6d. buyers. The company is understood to be doing very well, and there are ru- mours of impending: developments in con. nectiQn with This undertaking. Oceana ho y no appreciable change at lli middle, i i are a firm market no*- ex dividend af ose redrctiou ir this rompariy's interim' divi- dend has had a somewhat depressing effect. Whetlic 'the lnir.rd will deem it njse to mak no the decrease in the final dividend reaiainc. of course, to be f.'('n. but on the bais of 184 per cent, these shares appear to be In-1 y\alucd. Itbymney Iron Old have ?ppt fai?y steady I round ?s.. and the New at 15s. 6d. Tredegar A-?how no change at 25s 01. 'to '6,. 6d, United Nationals have kept ?rm, with bu?i- ness passing at 41. Windsor Ordinary have fallm away to 66. there being nothing for the market to po for pe.-a-ring th" ap- proach of the next dividend perTod. The 10 per cent 1st Preference, however, kept very firm at from 15 to 154 ex dividend, and the tr p»r cent. Preference, which should soon be in receipt of a portion of their accumu- lated arrears, maintained their price of 14 middl 1. ing.-Britpins R.S. Lio shares are in demand round X24. As we have stated in our previous notes, these shares look un- der-valued. The cash position is very strons, and the earnings of t.be company this year will probably show a very large increase 011 the fine 'profits of last year, when 3n per cent. was paid On tnis ba?? when 3? at present price is about j? per cent., and m view of the poeition ,id pros- pects a_ substantial rise may be reasonably looked for. ( ardigans have Kept firm round 27&. 6a.. an 1 Dulcias in the vicuna of ?: 27Gs. lobe Stuppm? have been in some demand up to 186. Griffith Lewis have cl^inged ha.nJ8 sovciTti times round 37s. Hains lveep remarkably firm at 28 to 29. and W, and C. T. Jones a.t. 4, to 49s. London American Maritime* aihow signs of renewed activity, the ai proaoJi of the time for me publica- tion of the accounts and the anticipation 01 a very substantial final dividend evoking a goad deal of inquiry. If last year's divi- dend of 27 per cent. be maintained (and there seems little doubt of this), the final .distribution will be an actual Z2 per cent., and th- price of the shares should rise to well over 40s. In view of the fact that the .company has done very much better than during the previous year, an increased divi- demd is expected in many cjuaxters. Orders anl Haudforde FS shares have changed hands aeveraJ times at from Hit to 113. This company's year ends October SIst, aud an increased dividend over last year's 20 per cent. is generally expected. The fin- ancial position is exceedingly strong, and the comj-any's fleet was written down at the end of last year to the very tow, alue of worth £1;£16 on dividend prospects, and £ 2 15s. per ton. Theee shares are fully the realisable value of the company's assets to-day, is equivalent to at least X 40 per share- Rails.-Barry Undivided has remained firm round £154. Port, Talbot Xjo Fliar,,s have changed hands at from 15 to 15i. HhoIl- ddaa keep firm at from to Hij. but Taff is easier at 58A to 59. Rhymney 4 per cent. Preferred has strengthened to 72 middle. Mik..c,ellant,ous.-The feature in this section has been the steady advance in the price oof English Crown Spelters. Thie company is reported to be doing an exceptionally good fcusu»«;:S, and the price has advanced to 42s.—43s. Spillers and Bakers have main- tained thei rise to 46s. middle. There is no appcciable change elsewhere. Channel Dry Dock mr,, better at 50s. 6d. Britonferry Chemical Ordinary are -wanted at 33s. Bald- wins hay been active at 39s. 3d. to 39s. 9d. a-

AMITOHELSON AND 00., A. Also CA?T?E BUILDINGS, Also CoJum B'ld'p, SWANSEA. Pinner's HalL Cardiff. London. Telephones— Telegrairw- 823 Cent. Swansea (2 Linea). Mitcheleon, Swansea." 2554 Cardiff (6 Linesb "Mitchelson, Cardiff." 7681 London Wall (2 Linee). Chelsonmit. London." BUYERS- 200 Cardiff Channel Dry Dock: 100 Celtic Coliiery Ordy. 1209 6d; 10 Veaver Preference. lOa; 100 D, Davies and Son Preference, 218.; 100 D. Jones Dickinson Ordy., 8s. 9d.; 50 Town Lines, 100 Cynons, 3168 9d 20 Swan- sea Old Brewery Prefs., 6; 250 E. 0. 8pelters; 20J Baldwin Ordinary, 39s. 6d. 20 Swansea Uait?d Brc??ry Oruy., 7; ?M K. E. Jon<? Ordv 25&; ?00 I?m.-AiHer. M&nt.iBM?. Swan?eO?r. dy.. 266; *Sb€?. 18s. 6d.: 200 Briton- 78.; I Stepney "ITSbeis. ls. 6d.; 200 Briton- ferpy Chemical Only., .»8 3d; 100 Blaenavon OrLly., 236. 300 Celtic Preference, 8s. Cjd. 200 Celtic ColJierT Ordinary, lis.; we C-n()n 200 Baldwins; 200 London-Amer. Mari- time?, 37s. 6d.; 2M Marndy S.S., 23s. 3d.; 1100 Fernhill Colliery Ordinery, 45e.; 300 Gwn-im-cne-Gurwen Old; 90 Jnsoles, 33s. 6d.; 200 R. E. Jones (Garages) 7 per cent Prefs.. 16s 6.1: 100 G wa.un-cae-Gurwen New. 16s. 6d; 75 Haenton S.S., 25s.; 50 R. E. Jones Prefs.. 178, 100 Jones Dickinson Ordy. 50 Tredegar "A," 27s.: 200 Ebbw Vale New, 23s. 9d. 125 Imperial Navigation £ 1 shares, 4 1M Cone Cambrian 1&. 2.50 Blaenavon Ordy., 23s. 6d.; 100 D. Davies I Ordy., 58s 6d.; 100 Cardiff Collieries L£5OO Srwaueea Harbotn. A." 64a. 4. P^ GRAND THEA TRE, jp SWANSEA. M lij NEXT WEEK, fer Six Nights, at 7.30, and a H |g MATINEE SATURDAY, at 2.30 H || ECWARDES I ICOMPANY, = I BETTY I  ??? ?? N B H ? ??s? itm T T 0 N fimrti( -I'I!I8It'. ? A MUSICAL PLAY IN THREE ACTS. I 9 From Daly's Theatre. H ? "ThGre is a charm and d&intmess abonb BETTY"  which is delightfully rcireshing af ter the huriy. H ? burly of some of the entertainments now in vogue." <j  BOOK YOUR SEATS. Tel. 291. BOOK YOUR SEATS.

WAR CHARITIES. Neath CQunci! Throws Lsght Ion New Act. A special meeting 01 the Xcatli Town Council was held oil Fn<!<:y, the Mayor ] <Mv. Thomas .lone*.) p^esiuilig, tor the purposo of considering ilie provisions of the War Charities Act. lit lij. The Town Clerk (Mr. E. C. Curtisi rx- plained the provisions of tlie Act. >.vhieh received Royal Assent on the 23ra August, He read the explanatory nieniorari iuin from tlie Charity Commissioners, tchich made it unlawful to iiiake an cppeal tor money or articles in kind for any ar charity, or to attempt; to raise money by bazaars, sa les, entertainments, or exhibi- tions or by similar means for any *uc:h .j charity unlets registered under the Act. In reply to Mr. H. Thomas, the 'tow'n Ckrk said the Town Council would be the- lncul registration authority, ar.d lidt'.od that tlie registration must be completed within one month from the paisiny Hie Act. THE TIME A COMFORT. Mr. Cliallaeonilie asked if the Xeath Active Service Presorttation Fund vcvld1 come under the Act. It was a fund vhich jfave watches to returned soldiers. The Town Clerk: Certainly, it is directly j i eonnectod with the war. All-. J. 11. Jones: It cannot !>c argued that a watdt is not a comfort. it is a comfort to know the time. The Town Clerk: Is that a hint to the members who come later } In moving thai the Watc h Committer be the Registration Committee, Mr. Dan Harry (bought it would be wise to give it w iti*, publicity. The ]>ena]ties were heavy for non-registration and the tsowers wide, What aloiit ',lie .Fhg j Tlie Town Clerk-. ruu the risk of three months' hard labour!j un less they register, t.Laughter.i I j Mr. John Morris sccoiuhd. adding that j lie thought, it a most excellent thinjj. Mr. II. Thomas: As long as they register j by the 23rd September it will be all right, I umlerruuul. The Town Clerk: That is so. Mi'. Moeris: Will balance-sheets liave to Ti" Town Ch'r!c: Yes, and will lie J audiled. hied, and bo subject to inveetiga* •• tion.

IPPENCH MERCHANT FLEET. Half a Million New Tonnage to be Built. Pari*. Friday.—The Matin state-: — j M. Aj»»:n luis introduced in the FreucJi Chamber a Bill uulhuriiing the Minister 01' Marine to undertake the oinstructiou j i»f ions of mercliaut shipping. M- Louis Xail, Under .recrctsry of State for Die Mercantile .Marine, the journal »dds, ap^iears to accepted this programme, •"hicli provides lor the 'construction of four types of 'esscls, namely, of 2,00ft, 3.000, 5,000, and Orders will be distributed among the various shipbuilding yards. U-

i GOT HIM." At Xe:1th on Fridny. Knleb James (H), of ,\en-roiid, Skewen, was summoned for j shooting a x.'hcellMiy, J. Emlyn Thomas, j 01 he leg with an air gun. The injured boy, who resides with his j parents at Pork-street, Skewon, said he was I)assii)g James' shop, when defendant pmscnl e<[ his air gun and fired at him, He shouted-" Cot h im' (Laughter!, The boy said he fen the pain in his leg, and when "lie got hooic his fathe-r took him to the surgery. ln-pe.tor Ciill said it happened on de- fcnd'-int's birthday. fie was given money and he bought the air gun. tor '.lieTrtd. A., -¡. When charged by the con stable, defen, dant replied- "1 aimed at his boot!" A tine of 2fls. was imposed.