CANADIAN TRADE.

Hauraki Plains Gazette, Volume XXXV, Issue 4784, 3 December 1924, Page 1

CANADIAN TRADE.

STEADY IMPROVEMENT NOTED. ATTITUDE OF CAUTION. There has been a continued moderate improvement in the Canadian industrial situation, although a general attitude of caution exists in regard to the speeding up of production. The harvesting of the Western crop continues under favourable conditions, but owing to lateness some damage has been done by frost in northern Manitoba and Saskatchewan which may reduce the yields estimated in the latest Government bulletin. Un the whole, however, the yields in the southern districts indicate more satisfactory results than were estimated earlier, and the quality of the grain is high. In the province of Ontario conditons mi. the rural districts have greatly improved as compared with last year, production being the best fol several years, with increased yields and better prices in practically all linep. In consequence, the sentiment in Aural Ontario is more cheerful, and a feeling is prevalent that .better business conditions will be obtained during the balance of the year. Retailers and wholesalers experience an increase in the volume of trade, especially in the Western Provinces, where collections have much improved as a result of the increased movement of wheat in the pi-airies. Buying, which had been sluggish on the part of retailers, has been stimulated by the cool weather. Considerable activity is noted in the paper-making and mining industries, with further investments of British capital in the mines of Northern Ontario. The rise in the price of bar silver at New York from an average of 642.7 cents per ounce in the first half of the year to 690% cents has greatly benefited the silver mining industry. There is an upward trend in the steel and metal-working indusgeneral that business in all lines will improve in the near future. A large tries, and a feeling of confidence is plant manufacturing pulp and papermaking machinery reports that it is working to capacity and has enougn orders to keep it busy for a year.