Ogden Standard-Examiner | 1925-07-01 | Page 12 | British Industrial Outlook is Gloomy

I BRITISH INDUSTRIAL OUTLOOK IS GLOOMY I I LONDON Jill 1 I 14 II gloomy gloom outlook for f r British Indus indus- Industry industry try continues continue says sa M I the monthly i summary r of the American e chain cham chamber t m AI ber of commerce ol olm c m in London o am 1 The overseas 8 trade for May di diminished dl- dl In comparison with a I year lar ear ago Imports being 1000 0 pound sterling and exports export pounds Jess eI Wholesale pi prices Ices fell fel sharply for the fifth month In succession with the In Index In in- dex number In May at 1 15 59 The total number of Is against 1247 1 7 on June 2 and A n S year ago RIO Of or this numb number r more than are miner mine A special trades union congress meeting been called caled for July 24 C to lo con con- consider consider sider aider this problem In the coal trade demand Is I slack and prices arc stilt still sli receding The Th summary records acute d do- do In the th heavy y trades trade The shipbuilding slump grows grossi more pronounced and falling failing fUT fur further ther orders orden the northern yards yard may maj ma close Tho The slackness In the cotton colon In- In industry dual r Is accentuated by the alt 1 In China and there Is I. I a proposal to SlOp stop the American Amerian cotton coton section l for a fortnight The second wool conference b bs- bs tweel the dominion wool growers growe and manufacturers have ha e been con con- convened convened for Cor July 16 15 15 1 The man man- manufacturers manufacturers have ha been hit by ly A I slump In wool I