The Archive · 1933

IMPROVEMENT IN BUSINESS More Signs of Better Conditions Generally

From Our Own Contzsronnmr Vancouver, B. C., June 80.

With the improvement that has become increasingly evident general business conditions during the past two months has come a re~ vival of interest. in the stock market. Not only in the large cities, Bat even inthe entered towns of fisedsding the merits of this or the every province, groups may seen

frock. The local brokers have pened up for business again, and within afew, weeks tegsined the prestige that they fast im the crash 103. "No longer ave they grectjed-. with frowns and." shaking feads; everyone in anxious 0 have the latest Up, and if-possible, et in "on the ground floor."

Perhaps the most striking activity tgs been shown in. they Minin Shares, and of these gold has ute distanced the base metals In popular ferest. New names by the. dozen have. been coined" by" eager promoters, and buyers are much relieve find that they_can buy some rect stock at 25 07-60 cents & share, Father than deal in th old establish: i1]ed lenders such as Dome, Bollinger and Pioneer, that cost away up in the dollars." To put the matter in a nutshell, the public is just gullible as it ever was, and just Eager to make something out of nothing.

Despite all this fever of stock gambling, there reason for quiet confidence in the of the latter has een largely noneed by the continuation of very the "western the probable fect of drought in some sections the prairies. "Then, t00, the Canadian acreage is not a rear ar it was last year, due to the hesitancy of ariters' {0 sow La feat when. the price had fon so. low. Carlondings,, 00, fave shown a rising tendency, and tourist travel "is. expected to be better. than it. was last season. Freight on the Pacific Great Eastern Railway, the small branch tine eyed. by. the British, "Columbia Government, has exceeded all expestations due to the rush to the goldfields. For the fist time in several ears the railway" has shown an Uperating, surplus: this, of course more than eaten up by fixed charges, but the picture is, none the fee; bright one.

Text read from the printed page and cleaned; old type leaves the occasional error.

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