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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Brisbane Courier Mail
Location
Brisbane, Queensland, Australia
Date
Jun 15, 1938
Page
13
The report notes a likely restraint on rapid rate increases despite tightening money conditions. Banks are pressed to curb lending, with official action possibly delaying sharper rate rises. The text mentions a rise in interBANK costs and references broader policy tensions affecting deposit and loan rates.
The Finance Editor discusses distribution of payments on government loans and pension provisions. Entries mention a December seal, vessel-related prices, and Alison Corporation Pty. Ltd with capital in Buia Surcey. Hampered by garbled OCR, the article references market terms and corporate names, including Art Siuary and Halpin.
Edwards Dunlop profits for the year ended April 30 show a reduced total with a net profit of 24000 after insurance costs. The company paid a dividend at 10 percent, while a new share issue of 53,100 at a premium of 30 percent increased capital and added to the general reserve.
The report notes slight market variation with government loans firming and a nibble higher at 4 per cent on some rates. Queensland National Bank figures rise to 5 1/2 per cent while listed valuations and dividend items hint at broader trading shifts. Stronger town market interest appears amid cautious demand and price movements across regions.
Mulbourne on Tuesday reports shareholders of Amalgamated Zinc voting to wind up the company. Investors discuss a cash return per share and the potential for future development funding. Dividends totaling substantial sums are noted from Western Gold Mints and Gola Mines investments.
Reports detail oil and gas exploration in North Queensland with plans for a geophysical survey. Mentiones include the Commonwealth and Queensland Government involvement, a by Molegeov, and tests near Madubora and Ravenowney. The Warne Constructors and Imperial Gold Mines are also referenced amid regulatory actions and disputes.
The fragment references butter prices in London, various agricultural sales, ports and shipping notes from Portland Beads, and notes on mining ventures and dividends. It mentions Golden Platean dividends payable, the Keley Creek Gallantines, and investments by Vaustratian, with capital figures and dates that indicate a late 19th to early 20th century financial and commodity exchange context. The text preserves names such as Sennen Suet Store, Byers, and Veit, plus mentions of road openings, port activity, and a developing mining sector.
Fragmented OCR reading shows fluctuating dairy yields across districts with mentions of butter production and seasonal decline. The passage references canola, butter, and regional production metrics, noting a mixed picture as autumn conditions influence dairy output and prices.
A subsidiary company faces liquidation after review of losses over the last two years. The board and associates consider the winding up, with creditors and assets to be settled in due course. Details reference the entity names and locations involved in the proceedings.
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