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Newspaper
Brisbane Courier Mail
Location
Brisbane, Queensland, Australia
Date
Jun 05, 1940
Page
8
Melbourne reports describe declines in share prices amid weak demand and mixed recovery signals. The finance editor notes continued falls in various markets while marginal gains appear in others, with unlisted shares and international quotes showing volatility.
The Courier Mail reports an extensive high pressure system dominating central Australia and surrounding waters. A developing trough and fronts bring scattered cloud, showers, and cooler, tighter temperatures across central and southern highland districts, with fine conditions elsewhere.
Mining market reports show volatile price action across exchanges with mixed factory data and commodity signs. Sydney Cowper and silver markets ease while gold remains buoyant amid early 20s trends. Melbourne coverage notes cautious optimism and tied to petroleum sector developments.
Disjointed report notes banana price swings in Sydney and Melbourne, with references to market activity, deliveries, and competition. Mentions overseas supply, dividend lists, and sporadic figures as traders adjust to shifting demand and ripeness levels.
A Brisbane Fat Stock and Produce Brokers report details strong demand for all pig weights and brisk trade for calves. The sale notes high prices for prime heavy porkers, veal, and cattle with steady bidding from buyers. The report covers bale details, yardage, and market tone, highlighting active participation by local sellers and buyers.
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