BRITISH RAILWAYS
(British OfScial Wireless)
STEADY RISE RECORDED IN COMPANY STOCKS
RuSby, August 24. The reeent steady rise in Home rail stocks reflects the satisfactory traffic figures which the companies have been showing. Although the more vigorous, policy by the companies is perhaps mainly responsihle 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 the traffic figures is regarded. as a reliahle 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 from. many other sources.
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Rotorua Morning Post, Volume 3, Issue 620, 26 August 1933, Page 5
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118BRITISH RAILWAYS Rotorua Morning Post, Volume 3, Issue 620, 26 August 1933, Page 5
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