SHIPPING AFFAIRS.

Otago Daily Times, Issue 21021, 9 May 1930, Page 8

SHIPPING AFFAIRS.

MR A. %. WHEELER’S .VIEWS. ’ TRADE IMPROVING IN ... (Special to . Diity. Times.) , ■ • -v - • i' / ' Looking fit and well after a business ttijj |o the. Did: Country, extending Over a; little-more than two.'years,! Mi\ Av'.W. Wheeler' {assistant’ general' of tke' Union * Steam - 'Ship • ! Company) \. re* turned 'to , Wellington , this morning X'V the' Maratoa i? from Francisco. • --Mr jVheeler ’has . brought Vback Veiy' optimistic impressions - of .affairs ’generally .thnt-coUntry. :’*The pondifions l tliero ? re \ m Pro'?ng rapidly,” he jsaVtli; •“.tlMj country'''seems .to be recovering, very quickly, and AOme of’ the Industries .are very prosperous;; yOf; course, there .a still unemnloyment.-but it is.being dealt with," and things'- a re* going' tin', well.” ■ . Mr- Wheeler, was .Very reticeni concerning shipping . niatiers, particularly where they concerned- the . Union *Goxu,pany, and he had to report regarding the company’s plans in the immediate future., He remarked,’ how* ever, that the shipbuilding industry appeared to be fairly active and the matter of designs was causing exceptional interest. ■ . .;. _ Speaking of the’ State of shipping a i Homp_ he, said that when he left a depression was evident, but, he considered the slurup vyas only temporary. . “ fair amount of shipping was laidj .up,” he. arid,. “owing to the fact, that there had been two good summers in Europe, with an exceptionally mild winter -in between; The‘wheat crops had consequently been nnsually large,.and there was so much, wheat .Offering in England and on the Continent that there was oiily. a small . demand for Canadian and 1 American whfeat." '