STOCK EXCHANGE

Nelson Evening Mail, Volume LXVI, 16 February 1935, Page 7

STOCK EXCHANGE

MORE OPTIMISTIC FEELING BOARD OF TRADE FIGURES (British Offioial Wireless) RUGBY, 14th February. A more optimistic feeling prevails on the Stock Exchange following encouraging Board of . Trade figures, this being exceptionally noticeable in the home and industrial section. British Government stocks are strong.

DETAILED ITEMS

(United Press Association—By Electric Telegraph—Copyright) LONDON, 14th February. Board of Trade returns for January show imports £61,931,000; exports £35,481,000, £50,340,000. The principal increases are: —lmports: Rubber, £904,0C0; non-ferrous metals and manufactures, £455,000. Exports: Cbal: £308,000; iron and steel and manufactures thereof, £405,000; non-ferrous metals and products, £310,000; machinery £588,000; cotton yarns and manufactures, £342,000; woollen and worsted manufactures, £214,000; chemicals and drugs, £353,000. Decreases are :—lmports : Other food, £1,653,000; wool, £2,653,000; hides and skins, £345,000; oils and fats and resin manufactured, £295,000.

BRITAIN’S BEST CUSTOMER

LONDON, 15tli February. The “Daily Express” city editor, analysing Board of Trade returns, says British countries overseas are still Britain’s best customers. India’s purchases in 1934 totalled £36,500,000, South Africa £30,250,000, Australia £26,250,000, Canada £19,750,000, compared with the United States £17,500,000, France £16,750,000, Argentine £14,750,000. The Empire’s purchases from Britain in 1934 showed an increase of £21,000,000 over 1933. Foreigners’ purchases increased by £6,000,000.