09 Oct 1924
Page 1
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Newspaper
Albany Despatch
Location
Albany, Western Australia, Australia
Date
Oct 09, 1924
Page
1
A city banker warned that bankers bear unseen risk when extending credit and that lending during weak credit cycles tempts reliance on investors who may misjudge loan merits. He cautioned against the belief that bank wealth can be endlessly deployed without defined purpose. The piece notes the need for prudent finance amid asset and investment realities.
Wednesday October 15 notice lists Plantagenet District near Athaty with 22 per acre and 4 roads, reserving rights for water use and maintenance. October 22 notice for Ploningemt District near Mt McLeod shows 100 acres at 10 7 per acre. Hay District near Cranbrook details multiple locations with various acreages and per acre prices, items Jno. and F M W Lisson’s leasing notes and cancelled appression.
A battered ad lists 40 inch colored madapolam from Egyptian cotton for ladies in mauve blue pink champagne hues, towels in striped patterns, ticking and twill sheeting. Also features men and boys waterproof overcoats with dramatic price cuts and trench coats with half price offers alongside reduced Dukes Linen and towelings. Includes large savings and stock clearances.
A Government Gac ette notice reports the Koj cuno Heads Board proposes borrowing £4500 at not more than seven percent interest repayable in 30 years to fund memorial buildings including soldiers’ memorial, local offices, public hall, reading room, billiard lounge and horse room. Brookton correspondent notes the district’s spring weather aiding crops and livestock, with farmers shearing underway. A range of local items follows, from woolmill directors election to hotel workers’ wage talks and dock purchase discussions.
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