IMPROVING TRADE.
INDICATIONS IN BRITAIN. (United Press Association—Copyright.) LONDON, January 2. A fresh indication of Britain’s improving trade is contained in the returns of the Bankers’ Clearing House for 1935. These show that the amount of bills and cheques which passed through the banks last year reached the highest total since 1931, with an increase of 58 per cent, compared with 1934. A significant, feature of the returns was that the country cheque clearing figures, which are generally accepted as a reliable index of domestic trade, recorded the largest increase. Another indication of prosperity is that the value of traffic for the year, £150,797,000, recorded by the four main line railways groups, was an increase of £1,551,000 on 1934. The net tonnage of vessels engaged in foreign trade which departed from British ports with cargo during November, 1935, was 3.6 per cent, more than in November, 1934. The net tonnage of vessels arriving with cargo was 0.7 per cent. less.—British Official Wireless. /
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Ashburton Guardian, Volume 56, Issue 70, 4 January 1936, Page 6
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162IMPROVING TRADE. Ashburton Guardian, Volume 56, Issue 70, 4 January 1936, Page 6
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