BRIGHTER OUTLOOK IN BRITAIN
READINGS OF INFALLIBLE BAROMETER United Press Association—By Electrlo ‘U Telegraph—Copyright YiONDON, August 24. The recent steady rise in Home rail stocks reflects the satisfactory traffic figures which the companies have been showing. Although a more vigorous policy by companies is perhaps mainly responsible for the passenger Increase, more general Interest attaches to the steady Improvement in the amount of merchandise carried by the railways, despite the severe competition of road transport. This section of traffic figures Is regarded as a reliable trade barometer, since the Increased transport of raw materials shows that manufacturers, particularly In the heavy Industries, are Increasingly active. The figures provide corroborative evidence of the Improving conditions reported by many other sources.
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Bibliographic details
Timaru Herald, Volume CXXXVII, Issue 19578, 26 August 1933, Page 17
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119BRIGHTER OUTLOOK IN BRITAIN Timaru Herald, Volume CXXXVII, Issue 19578, 26 August 1933, Page 17
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