New Britain herald., 1922-05-03
TRADE CONDITIONS
 SLOWLY IMPROVING
Experts Predict Revival is Com.
 ing Gradually

London, May S,--Trade and indus. trial conditions in this county on the whole are, In the opinion of experts, steadily improving though somewhat slowly.
 No big revival has materalzed, but there has been continuous better ment Of conditions. seemingly healthy growth. that has satisfied traders more than any sudden Ire viral" which might have been built on shifting sands and would have col lapsed, leaving matters worse than before.
 Money Loans Easier.
 One outstanding indication of the trend Of affairs is that money is cas- fer and more is being loaned, which indicates confidence in the trade situ- ation generally.
 Encouraging reports come from va rious trades, notably coal, textile and pig-iron. General living conditions have improved, commodities having dropped ir price and there has been decrease in unemployment although it is still large.
 In seeking for an unbiased state ment regarding conditions from an authority, the Associated Press turn ed to Robert Skinner the American consul genera in London. In response Mir. Skinner gave the following state ment:
 Skinner Statement. "Whiie governments undoubtedly contnGe to haNt their very serious !, difficulties o' l,olitical nature, there are signs nt !",proVe11ent in business which is :ch less dependent upon the activities e governments than might ans j. Io he the case. The re- cover, C. .'" x tairing place very slow.y and "t;eveN.fuly but to realize that ipis :" rerinr. i. is oa,y ncces- saTy to r. ,'i5 'pr r,.lu';1in, :ie state Of t,,is c5@n!.y just on2 year ago. Al th1. ,.ion "rt 'rn ras much political and ;1..us.ri-, ;.nrrS.. troops : in large numbers " 2 cn active ser vice tie coal in ua.ry hal c!oscd down dapeaia;.t lines vlre neccssa; ! fly as,ctc,, 2.'.r' 5 were high, un- : eml l'OyT.a,.t n,a3 !h.c1 greater than at p.,-srG' .Hg! thr ,,sSrh ,lcgical fac tor7 disi:.roi..
 Tt seem, year ago as though Great Drtrin had lost her foreign . .tI.tr,Hl, 3H. .Jia" it ls obvious that t!.i1 ''.s n.@,, ..~J,.'e,. to a great r..tcI.
 I'"'il Trade ::cyi,ed
 ''r,e H,.sct aste~ Chamber of Commerce teiiS us that hopes of moderate revival Of trade with India have been realized and that inquiries form India and China have been numerous. Egypt also has placed fair number of orders. South America continues quiet.
 India, for many years the great market for British cotton goods, has become herself a manufacturer of such goods.
 China has become more or less a manufacturing coritry absorbing say, 100000 bales of American notably Argentina and Brazil have begun manufacture textiles and gen orally all countries give signs of in terest in domestic manufacture. While this shifting of production one place to anotl CT creates certain
  from indicaf3as u@nr' >s.on it slg gests the r,.rrraa condition.
 London Business.
 AS for trade between Great Bri- tain and the United States exports from the city of London are sugges- tive. For ;n" thrae months ended March 31, 1929, declared exports from London to the United States az gregatcd f7,S7o,39s plus merchandise valued at S1272.5S9 which was in voiced in American currency only, as against exports for the same per iod in 1921 amounting to fT,2o1,675.
 If we remember how prices have dropped since year ago we shall at once see that not only has there been an increase in values but still greater increase in quantities. The large single items of these exports .DOINGS OF THE DUF'