6 SEPTEMBER 1935, Page 34

HonE TRADE ACTIVITY. '

Most of the' statistics relating to home industry continue to be of a satisfactory character. The high figure of tie Active Note CirculatiOn of the Bank of England testifies (Continued on page 375.)

Financial Notes

(Continued from page 374.)

to increased purchasing activity, if not to an actual increase in purchasing power ; increases week by week in the figures of Bankers' Clearings suggest a continuance of financial and commercial activity generally, while the latest figures for July of Retail Sales were also encouraging. The one direction in which these favourable evidences are somewhat lacking is in the matter of Home Railway traffics where during the last week or two the returns have been a little disappointing in character.

* * *