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Manawatu Standard, Volume LIII, Issue 309, 27 November 1933, Page 7

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SATISFACTORY REPORTS. ENGINEERING TRADE BUSY. RECOVERY IN TEXTILES. (United Press Association—By Electric Telegraph.—Copyright.) Received November 27, 8.5 a.m. LONDON, Nov. 25. As far as the individual British industries are concerned, reports are satisfactory. Both the activity and volume of inquiry in the engineering industry show no signs of falling off. Motor: car manufacturers are working at full pressume and many firms are compelled to increase their staffs. The value of building plans passed in October, though somewhat lower' than in the previous month, shows an increase when compared with October, 1932. The chemical industry has made further headway and the pottery trade is more active. The shipping industry remains depressed, but recently there have been indications of a slight improvement with hardening freight rates.

The boot and shoe manufacturers report a falling off in demand, but news from the textile districts is encouraging. . The wool textile trade has experienced a striking recovery. The increase in demand for rayon fabrics has been maintained and even the cotton industry appears to hare made some headway both at Home and abroad.

The retail trade was more encouraging in the past month and the present indications point to an improvement in sales for Christmas.

In his address in the House of Commons, the President of the Board of Trade (Mr Walter Runciman) said he had seen in Sheffield manufacturers working up to full capacity and able to produce a large quantity of goods at prices regarded as almost impossible, and employing more and more men in their industry. He expressed a hope that in the case of coal, cotton, and shipping the improvement would continue.