GREAT BRITAIN YER PAYS YER MONEY, YER TYKES YER CHOICE PSEPHOLOGY, AS GUESSING ELECTIONS IS CALLED IN BRITAIN, IS ABOUT AS INEXACT AN ART AS PLAYING THE FOOTBALL POOLS . FACED WITH A GENERAL ELECTION THIS YEAR OR NEXT, THE EXPERTS LAST WEEK STUDIED A RICH CROP OF AUGURIES WITH UNUSUAL DILIGENCE AND THE USUAL RESULTS : THEY DISAGREED . CERTAINLY, THERE WAS LITTLE TO ENCOURAGE PRIME MINISTER HAROLD MACMILLAN'S CONSERVATIVES IN THE OUTCOME OF 401 LOCAL BOROUGH ELECTIONS . WITH 2,973 SEATS AT STAKE, THE TORIES LOST A TOTAL OF 550 ; THE LABOR PARTY GAINED 544, WINNING CONTROL OF LOCAL GOVERNMENTS IN SUCH MAJOR CITIES AS LEICESTER, LIVERPOOL, BRADFORD, BRISTOL AND NOTTINGHAM . LABOR OFFICIALS CLAIMED THAT IF A GENERAL ELECTION WERE HELD TOMORROW, THEY WOULD RETURN TO POWER WITH A MARGIN OF 90 TO 130 SEATS . ALSO LAST WEEK, HOWEVER, THREE SEPARATE OPINION POLLS INDICATED THAT LABOR'S LEAD HAS SHORTENED DRAMATICALLY IN THE PAST MONTH . A DAILY MAIL SURVEY ESTIMATED THAT TORY SUPPORT HAS INCREASED A STARTLING 7 PER CENT SINCE APRIL . THE DAILY TELEGRAPH GALLUP POLL REPORTED A 2.5 PER CENT GAIN FOR THE CONSERVATIVES, WHOSE SUPPORT IS NOW ESTIMATED AT 36.5 PER CENT, TO LABOR'S 46.5 PER CENT THE CLUES WERE NOT QUITE AS CONTRADICTORY AS THEY SEEMED . COUNCIL ELECTIONS IN BRITAIN GENERALLY MIRROR LOCAL ECONOMIC CONDITIONS . WHILE TORY CANDIDATES WERE HURT BY HIGH UNEMPLOYMENT LEVELS IN MANY BIG CITIES, THEY ALSO TOOK A BEATING IN MANY PROSPEROUS SUBURBAN COMMUNITIES WHERE HOUSEHOLDERS WERE STILL CROSS WITH THE GOVERNMENT FOR RECENTLY INCREASING THEIR LOCAL TAXES (FROM 50 PER CENT TO 300 PER CENT ) . NATIONAL OPINION POLLS, WHICH IN THE PAST HAVE PROVED FAIRLY ACCURATE, APPARENTLY REFLECTED BRITONS' SATISFACTION WITH A NEW HEAD OF STEAM THAT HAS BEGUN TO APPEAR IN THE ECONOMY . TORN BETWEEN CONTRADICTORY PORTENTS, PSEPHOLOGISTS AND POLITICIANS WERE ABOUT EQUALLY DIVIDED ON WHETHER THE GENERAL ELECTION WILL BE HELD THIS FALL OR NEXT YEAR .