TRADE RECOVERY

Taranaki Daily News, 16 August 1933, Page 7

TRADE RECOVERY

IMPROVEMENT IN BRITAIN

heavy industries revive

WOOLLEN MILLS ACTIVE

LARGE ORDERS ON BOOKS UNEMPLOYMENT DECLINES By Telegraph—Press Assn.—Copyright. Rec. 10 pm. London, Aug. 15. Indications that Britain is emerging from the depression are shown m reports collected by the Daily Telegraph from various centres. For instance, the craaford wool textile industry is busier than it has been in July for six years. Some of the biggest firms have orders extending to December. Many combing factories are running night and day ana spinners and manufacturers are well booked with orders. . At Sheffield several big plants m the steel trade are working overtime and others at full capacity.. The total of unemployed there has fallen by 10,000 in a year. - In Lancashire the fine summer has given manufacturers of artificial silk and light cotton materials the best season for There are signs of improvement in the engineering, constructional steel and coal trades, and the Tyneside is showing increased activity in ship-building. The iron and steel trades in South Wales are showing signs that the worst of the depression is over. The production of pig iron increased for the year by 60 percent. and-steel by even more. The number of ships using the Port of London increased by over 17 per cent, compared; with a year ago, and unemployment has fallen. • . In southern counties of Englands including the London area, the percentage of unemployment continues relatively low. In the whole area of Greater London, with a population of over 8,000,DOO, the average unemployment is 10.6 per cent, of the insured population, and within the narrow limits of the City of London the figure is 2.9 per cent., which is one of the lowest in Britain; only in some villages and the seaside resorts is the percentage lower. . The unemployment percentage in Hert-fordshire,-Sussex and Surrey is just over 7 per cent., Buckinghamshire 8, Middlesex 9, Kent 10 and Essex 12. The highest percentage of unemployment is in some of the smaller textile manufacturing tov<is. The following are comparative figures: Birmingham 12.3 per cent., Manchester 15.4, Liverpool 28.2, Leeds 16.6, Sheffield 29.6, Bradford 13.9, Glasgow 28.7.