UPWARD SWING

New Zealand Herald, Volume LXX, Issue 21617, 9 October 1933, Page 9

UPWARD SWING

BRITISH INDUSTRY GRATIFYING SITUATION LARGER COAL EXPORTS EMPLOYMENT INCREASING By Telegraph—Press Association—Copyright (Received October 8, 0.5 p.m.) British Wireless RUGBY. Oct 7 Further indications continue to bo received from industrial areas and trade centres in Britain that conditions are definitely improving. One instance is afforded by this week's coal and shipping figures at Blvth, Northumberland. The current year's output is well above the figures for 1929, when 0,500,000 tons —t lie highest in the port's history—wen; despatched. If the present heavy shipments are kept up, this year's figures should beat the previous record by 1,000,000 tons. " The Minister of Agriculture, Mr. Walter Elliot, in a speech, cited, as an indication of the steady improvement, the fact to-day in Britain there-are 718,000 more people employed than last August. The Daily Mail records growing signs of a trade revival, including the persistent improvement of railway traffic, unemployment figures, also increasing activity in docks, notably at Liverpool, where the seasonal arrival of ships is far greater than it was last year. Cargoes, too. are much larger, especially grain and fruit. Some incoming vessels have to wait for days for a berth. Industrial activity also continues to maintain a steady upward trend.