TRADE REVIVAL

Press, Volume LXIX, Issue 20962, 16 September 1933, Page 13

TRADE REVIVAL

——-"" -ffi EVIDENCE IN BRITAIN INCREASE IN RAILWAY AND SHIPPING RETURNS (EWTISU OFFICIAL WIREI.ES3 ) RUGBY/September 14. In his presidential address at the autumn meeting at Glasgow of the Association of British Chambers of j Commerce, Sir Alan Anderson took ' a cautiously optimistic view of the j trade outlook. The recent fall in | unemployment, and the improved j overseas trade returns have encour- : aged similar views in the city, j which are reflected in the cheerful i ■ one of the Stock Exchange. ] A further indication of the trade recovery is afforded in the railway traffic returns during the last seven weeks. The total receipts of the Tour railway companies for all •jlasse-s of transport have been £805.000 higher than those during he corresponding period last year. Passenger traffic has risen by £530,000, and merchandise by £409.000, while minerals have fallen bv £ 134.000. j The shipping returns also show j an improvement. During August i 240 ships, totalling 763.000 tons, arrived at Liverpool, compared with 185 totalling 630,000 tons a year ago. The Board of Trade Gazette records a further slight increase in wholesale prices during August.

WORLD TRADE CLUB SUGGESTION TO CIIVMBERS OF COMMERCE LONDON, September 14. Speaking at Glasgow Sir Alan Anderson, in his presidential address to the British Chambers of Commerce, advocated a world trade club, the members of which by the exchange of most-favoured nation treaties and combined action with the central banks, would assist in maintaining stable prices and currencies. Such a club should be large enough to revive world trade, and would be the only answer to the World Economic Conference dilemmas.