London, Jan. 2.
British railways had a much better year in 1094 than 1893, according 10 trate returns of the four great railway groups in Great Britain.
The returns show that receipts totalled £149,000,000, an increase of £5,000,000 over the 1955 figures.
All groups benefitted in both the passenger and merchandise sections, the most notable Increase being that made by the London Midland Seottis railways, which was over £2,000.00, Router, American, Continental and British Prospects: Some Uncertainties on Outcome of Elections London, Dec. 31.
The year 1935 will see them tenance and expansion of the present industrial activity in Great Britain, according "industrialists and brokers, who declare that siagnation in world trade may prevent a violent acceleration and that the possibility of a general election being held at the end of the year is another retraining factor.
The cotton and heavy industries are expected to benefit from re-and "other measures taken in 1934, The prospects of the United States are fairly cheerful The attitude of Wall Street recently has been encouraging and definite Progress made by. industry, More lover, the effects of the dollar devalfu ation and the huge public works expenditure have not yet been fully felt, The European situation Is also encouraging in view of the hotier Franco-llalian and Froneo-German relations, but tenance of the present exchange parities may prove increasingly dim-cult. and, although the political situation la France is now calm, the market does not rule out the pos sibility of @ repetition of civil disturbances,
Text read from the printed page and cleaned; old type leaves the occasional error.