BRITISH STEEL TRADE
GREATLY L\IPROVED OUTLOOK •\a optimistic note was struck at the* annual meetings of Steel Industries of ({lent Britain. Limited, and the United Steel Companies, Limited, which took place in London at the end of October. Tiiscussing the improved outlook in the heavy trades, the chairman of both companies, Mr. W. Benton Jones, said a change for the better had taken place in the conditions of trade and in outlook during the year. At first this change had been hardly discernible, but it gradually became more pronounced, find it- .had benefilially affected the trading of the companies. From figures quoted to the meetings Air. Jones deduced that the coal trade appeared to have reached the bottom of the decline, _ but In the cues of tile- steel trade, with the increase in the demand and in potential demand peculiar to Great Britain resulting from the adoption of protection, and with the actual increase in the demand common to all steel-pro-ducing countries after a pci iod ol phenomenal depression, he could safely say that the chango for the better was likely to last.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19331208.2.106
Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18266, 8 December 1933, Page 10
Word Count
183BRITISH STEEL TRADE Poverty Bay Herald, Volume LX, Issue 18266, 8 December 1933, Page 10
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in