London, Feb. 20.
Great Britain had an adverse trade balance of £1,000,000 for the year 1934, it was officially announced today by the Board of Trade.
The figure includes visible and invisible items, it was pointed out, and compares with a £2,000,000 favourable balance in 1933.
'A note of optimism was sounded, however, when it was recalled that the 1934' balance is still far improved over the adverse balance of £51, 000,000 recorded for 1932.
The Board of Trade estimated income during the past year from overseas investments at £175,000,000 fas compared with £160,000,000 in 1933 and £ 180,000,000 in 1932—United Press.
London, Feb. 20.
With six weeks to go to the end of Britain's financial year, the re-Venus returns issued last night show that there is a good prospect that the Budget estimates will be realized and possibly exceeded.
'The estimate of ordinary revenue for the current year was £706,520," 000, and £573,878,820 has so far come in.' An average of £18,773,000 for the remaining weeks is, therefore, required to reach that estimate, and, fas last week's revenue was £24401,- 461, 4t would seem that anticipations: should be realized.
The income tax total is up on last! year, and £43,881,000 remains to be Collected to reach the estimate. Last week £13,998,000 came in.
Other items are well up to estimates.
Expenditure is above that of last! sear at £622,288,780, but the estimate, including supplementary grants, was for £711,190,000—Wireless through Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.