THE GENERAL REVIVAL OF TRADE

Ashburton Guardian, Volume VII, Issue 1731, 4 January 1888, Page 3

THE GENERAL REVIVAL OF TRADE

+ . On several occasions recently there have been unmietakeable Indications chat th( oload of depieeslon which has overhang the commercial world for go lone is f ost disappearing. Almost every mail from Europe and Amorlc* gives f reah evidenceof the Improvement takiosr place. In the Issue of the "Pall Mall Gfizatte" of the 18th November, appears the following obeerlng Intelligence :— " Authorities In . the shipping trnde are of opinion that the improvement which has been for some lime manifeiting itself Is not a mere apart, bat of b permanent character. The reduced building has told apn the available tonnage, and instead of a superabundance there la barely enough to meet the demand. Large Teasels which were laid up for months are again m use, and fresh orders are being ptaoed with the shipbuilders. Freights have advanced all round from 6d to la per ton, and m some oases the improvement has been even greater. A time of fair returns for the money invested is therefore assured, although there is no prospect of the immense profits of the period of Inflation. To everyone oonneoted with onr mercantile marine the ohange will be welcome after the long period of depression whloh they have had to end ore."