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Newspaper

Brisbane Courier Mail

Location

Brisbane, Queensland, Australia

Date

Mar 07, 1939

Page

10

British Banker Sees Trade Revival After Unsettled 1938

Barclays Bank chairman Edwin Fisher warned that international unsettlement dampened British trade yet urged optimism for a clearer outlook. He noted limited but steady home demand, armament-driven production gains, and restrained foreign investment due to protectionism and defaults. Fisher emphasized British capital should favor projects directly benefiting British industry.

Fisher Britain Une

Brisbane Market Roundup Shows Bank Shares Gain On Exchange

Improved demand for bank stocks drove advances in Commercials of Sydney and New South Wales on the Brisbane Exchange yesterday with steady buying since last week. Australian Consolidated Industries faced price shifts in Southern dealing amid profit taking. McDonnell and East’s fine dividend and accounts to be published this month. Masonites recovered after earlier declines, Black Jacks rise on dividend list, with rem- ining reminders for today as Raub Australian closes books.

Sydney New South Wales Brisbane Australian Consolidated Industries McDonnell and East

Elec Construction Company of Australia plans expansion

At the annual meeting chairman G. Faine outlined a year of expansion chiefly in New South Wales with profits in Queensland and South Wales. Directors consider extending Brisbane manufacturing and building a new generating plant on the Richmond River to use company coal, aiming to sustain dividends and lower consumer electricity prices.

Electric Construction Company of Australia, Ltd G. Faine New South Wales

Ball and Welch Declares Unchanged Interim Dividend

Melbourne directors of Ball and Welch Ltd announce an unchanged interim dividend of 3 percent payable March 23. Last year’s total dividend stood at 64 percent, with 3 percent interim and 34 percent final.

Melbourne Ball and Welch Ltd

New Zealand Ships Onions to Australia Amid Demand

Auckland dispatch says New Zealand ships onions to Australia to meet a spike in demand as last year New Zealand imported onions from Australia.

Auckland N.Z New Zealand Australia

Australian Consolidated Industries bonus share tax issue

Tax implications of the bonus issue by Australian Consolidated Industries are debated. The issue involves 2,558,814 shares with resolutions claiming profits from asset sales as the source, potentially excluding the distribution from taxable dividend status under federal law, with Queensland taxes unlikely to apply.

Australian Consolidated Industries Australian Glass Colonial Sugar Refining Company, Ltd Consolidated Industries Queensland

Hornibrook Toll Figures Show February Decline

Hornibrook Highway Limited reports February toll collections at £1611, down from £1714 in February 1938. Year to date tolls exceed last year, with £10,665 collected from October 4, 1938 to February 26, 1938, versus £9,483 in the same period prior year.

Hornibrook Highway, Ltd

New Brisbane Companies Registered

New entries list several Brisbane registrations including Dux Motors Pty Ltd in Toowoomba with capital £10,600 and subscribers Hugh Falconer and Guibert Perrina. a pottery and earthenware firm with capital £290,000 including 318,000 ordinary shares and 40,000 first reference shares, with subscribers Inald Moss and Albert Boroughs. plus several Sydney and Woollahra home duties and manufacturing entries naming Robert Powler Jane Fowler Frank Fowler and others.

Brisbane DUX Motors Pty. Ltd Toowoomba Hugh Falconer Guibert A. Perrina R. . Ltd Moss North Sydney Albert Woollahra Robert Powler Roseville Jane Fowler Darling Point Frank Fowler Neutral Bay Maclardy Sydney An Fowler

Dividend List Showcases Far-Flung Shares and Dates

A garbled dividend list details multiple stocks with March and February dates, including General Mortgage, Provident Unit, and Hicks-Prett, among others. The fragment mentions ordinary and preferred shares, annual percentages, and various payment deadlines, with numerous misread company names and figures.

Quotations for Piret Provident Unit Trust certificates

Unit Trust Limited reports quotations for Piret Provident Unit certificates on yesterday's Block Exchange. The notes show prices for redeemable securities held by the trustees, with a repurchase rate of 10/8 in both cases.

Unit Trust Quotations Unit Trust, Limited Piret Provident Unit Terday Bat Eenae

Firm Conditions in Share Market Through Sydney and Melbourne

Renewed buying in Sydney and Melbourne share markets shows firmer tones with higher turnover outside loans. Banks Commercial of Sydney and Government bonds advanced, while Goldabrough Mort and Millmulin Sugar moved on lower prices. government options and debentures also quoted across varied sectors.

Wales Sydney Goldabrough Eeven Queensland Burns Philp Bas Bydney Oko Zion LRN LT Va Metropolitan Water Board Commercial of Tooheys Fon Toby Newcastle Ashewabarers Associated Newspapers

Queensland Dairy Cheques Set Record IThis Season

Queensland dairy industry reports a record breaking season with butter and cheese output surpassing £8.5 million in value. Butter production rises 6 percent in six months and is expected to reach over 2.5 million boxes, while cheese output climbs about 45 percent in the first half. Estimated full season values place butter cheque around £8.125 million with cheese contributing to total earnings near £450,000 for the season.

Queensland

Cyclonic storm and heavy weather sweep Australian coast

Brisbane meteorology reports a cyclonic storm centered near Clarence Heads to Port Macquarie with barometer around 23.4 inches moving southward. A surrounding high and anti cyclones sustain strong winds and warm changes. heavy rain observed in Northern and Southern Division regions with scattered thunder over Gulf, Peninsula and tropical coasts.

South Island New Zealand New South Wales West Tasman Sea Queensland Brisbane Gulf Peninsula Gurensland Northern Cape York Corn Moreton Three Day Island iBouthi Maytown Walah Jee Upper Carpentaria Mount Surprise Barreon Herberton Port Deuba Atherton Mateeba Molloy Mount Carnes

Mining Market News Shows Narrow Brisbane Stock Exchange Activity

In yesterday's Brisbane Stock Exchange mining market only one forward sale occurred as Black Jacks and New Broken Hill rose on higher bids. Various listings appeared including Mount Morgan and Mount Coolon, with Blair Athol coal stocks noted amid fluctuating prices and limited seller participation.

Brisbane Stock Exchange Black Jacks New Broken Hill Falls Nile Edon Emperor Mines Dolden Plateau Cong. Co Mount Coolon Mount Morgan Pret New Gales Goldfields North Broken Hill Broken Hill Mount Fell Rome Ida Taranaki Blair Athol Bowen Consolidated Tamane

Base metal shares rally while gold dull in Australian markets

Melbourne and Adelaide desks report base metal shares firming with wide gains on zinc copper tin and oil counters, while gold shares ease amid heavy falls in Pioneer. Prices show mixed activity across brokers with notable movements for Mt Lyell North Booth Cocksfield and Triton among others, as markets digest commodity demand.

Sydney En BA North B.H. South Zinc Corp Arahiire Bisid Bulolo Curnesi Mt. Morgan New BA Percy My. Pimi Centre Naplin Ad Chewton Redbank Gran Rome Wolfram Ko I. Beheel Adelaide Ad Bilver B.H. Comsord Booth Blue Bird JuJfoul der Perrence Clanamen Cudgerdie Brillianc Dundes Empress Groundiark Imper Lancefield Soloma Luxall Cosion New Golconda Norseman Bern North Enterprise J'ad North Kalguru Swan Bitter Wily Triton

Norseman approves share distribution plan in Adelaide meeting

At an extraordinary general meeting of Norseman Gold Mines N L shareholders in Adelaide a plan to distribute 100000 Norseman Developments NL shares was unanimously approved. Resolutions declare two dividends 6d per share and 1d per share payable April 17 to holders registered March 13. Shareholders will receive 2/6 Norseman Developments for five Norseman shares and one share for every 20 Norseman shares.

Adelaide Norseman Gold Mines N.L Norseman Developments Norseman

Lancefield Values North Drive Extension at No 25 Level

Lancefield values from Western Australia report the north drive at No 25 level extended 80 feet in average values of 1dwt per ton with the full ore width not exposed. The south drive extended 23 feet at the lode centre carrying values of 10dwt. Incline tunnel length is 851 feet.

Lancefield W.A

Australian Development Seeks to Develop Norseman Lease

Australian Development N L Adelaide reports iron has been taken over lease 1528 Norseman Western Australia from Copeland Mines N L under the same terms as Copeland holds on its two leases. The Copeland supervisor records a favorable view of the lease and actions are underway to proceed with development.

Australian Development N.L. Adelaide Norseman W.A Copeland Mines NL Copeland Company

Norseman mine progress report from No 4 and No 6 levels

NORSEMAN, W A reports progress at No 4 level with an 8 drive section 26 40 percent to 1830 ft averaging value on Jadet over B3ip, rise section 4 Tit to Bf, faces Vydwt. Hanging wall not ox ed. No ff lvel B drive section 74 art to 824 ft in country with quarter stringers. Wine section 32 f1 to 100 ft holed through to Wo 78 section 2 yerage valueso faces Jietet jin. No B drive sectionm 23 S2 ft under 1547 ft are QUAFLE stringers Winac. sens e TL to 60 ft assays 107 percent to Tl. Over 22 AIL to Bit Baw over diin. No 6 level drive off in B2gtt Sdnc 8810. Diamond drill commenced first hole from surface 63071. 8 presente face of No 4 level. Iron King mine compressor installed power lines electric scraper equipment nearing completion.

Norseman W.A Vydwt Jedwi Jin Iron King

New Gympie Tribute Work Ends March Report

The Gympie tribute report notes work ended in March with West Crosncut Mok at 198 ft unchanged. Rise a 240 fl and a southeast drive Loom level up to 30 percent above back level. Grey fossiliferous shales with conglomerate Middle band Phoenix higher due to steep north dip. No 4 reef banging wall, Winat No 8 reef north drive TOOf level deepened to 2hft. Grey country at bottom.

Gympie Phoenix Otrata Winat Ievel

Dairying Outlook Improves as Weekend Rains Help

Weekend rains lift dairying prospects in Queensland coastal areas with lighter falls on the Downs. NSW sees easier post work conditions enabling herds to be prepared for winter. Victoria reports bounteous rains except in the west, with rapid pasture growth and assured autumn production. South Australia notes cream supplies still in decline and a shortage of top quality for local needs.

Queensland Prescott Pty., Ltd Sydney New South Wales Victoria South Australia

Fich Markets Prices and Trade Details Listed

The excerpt records yesterday's Fich Market prices for mullet and various seafood items with unit costs, plus overseas currency notes from New South Wales. It also lists Advance Truckings schedules for cattle and sheep, noting truck capacities and March dates, and includes mining samples advertisements and several business notices from Brisbane.

Market Glutted With Pines and Fruit Prices Fall

Melbourne and Adelaide markets report heavy arrivals of pineapples bananas and various fruits. Weather is rainy with slow sales easing prices. bananas and pines show limited improvement expected after midweek as fruit stocks shift and local produce remains largely unchanged. Nearby listings include apples citrus peaches grapes and pumpkins with prices noted across plusieurs items.

Rydney Simen Queensland Melbourne Uoten Owyndoh Iemons Adelaide

Cannon Hill Draw in Stock Sale Ledger Fragment

A fragmented ledger entry lists firms and stock sales figures with scattered company names such as Dalgety and Co and PPCA Ltd. The readable items mention cattle calves, brokers, and various totals, implying a public auction or stock sale record with incomplete data. The legible pieces hint at event timing and participating firms amid damaged OCR text.

Tang and Piga Moreheads Lia The Aus Katalen Co Carmon AML. & F. Co Lta Oil Biurmielay Ppca, Ltd Dalgety & Co, Ltd Martin Snelling & Co Qppca, Ltd Wil Mactagmarc PPCA Comotoit Ieee

Strong Market For Cattle at Homebush Pens

In Sydney at Homebush 24 000 cattle including Men and Jamba were in pens. Prices held near the day’s average with good quality showing strong demand after lunch. Quotations ranged from good to prime vealers to heavy bullocks with cows trading around 33s to 38s and a robust overall market tone.

Sydney Homebush

Prices Fluctuate At Adelaide

Adelaide market report shows cattle slightly more plentiful than a week ago with improved quality including many good bullocks from the southern districts. Total yarding 1630, down from 1880 last week. Prices per 100 lb vary, prime light to medium ox beef 40s to 46s, prime heavy 17s to 40s, other grades lower.

Adelaide

Country stock sales in Rockhampton report

A rough summary of Rockhampton stock sales highlights a mix of meat classes. Prices ranged with heavier beef cattle fetching around 23/ to 33/9 per 100 pounds, reflecting parity with the previous week’s market.

Rockhampton M.E

Australian Clay Products Conference Opens in Brisbane

The sixth annual Australian Clay Products Association conference meets at Queensland Bowling Association rooms Warren Buildings Wharf Street at 10 am. A luncheon follows at His Majesty's Hotel Queen Street and a civic reception at 11 am Friday. Delegates include R Allott Evans Parker J Mack Royle J Upford E J T Mashman E J Swain J Craig M Martin G Paynter P G Dean nis Collin Campbell and 10 Newcastle delegates plus nine from Queensland.

Australian Clay Products Association Queensland Bowling Association Warren Buildings Wharf Street Brisbane His Majesty's Hotel Queen Street R. Allott

Rose Garden Pruning and Feeding Tips for Bloom

Garden note advises pruning rose bushes after flowering, cutting shoots back to two or three buds from the main stem. In this climate pruning after every bloom cycle is preferred. Bone dust should be scattered around each plant and worked into the soil, about a handful per plant.

Also Mentioned on This Page

Edwin Fisher Barclays Bank London Raub Australian Mr. Faine Ball and Welch P.c H. W. Herbert Trustee Company OF Aust., Ltd Townsville Hornibrook Pam Pirat Provident Unit Trent Weohen Will South—Ho O Or Idaho Hicks—Pret J P.c Luci Annin Berua Catimtine Peraias Tnt Haare A Inc Garden Platexu Iar Tanciteia Nerpeman Nis Lon Pref Group Mar South Wales Mort Millaquin Port Jackson Amal A. Hordern Anal Securities Aula Totalina Bon Marche Eis Broken Hill Pty Cumberland Paper Dunlop Perdrinu Lectra Zing New General Industries Goldebrough Mort D. Wile Geet Hampton Court Tieng Jones Howard Smith Iielding Marcus Clark Do. Jat Mark Prefy Maponite McNiven S Millagulney Mort's Dock Fiewneta Bnan’s Properties Ormenolde Spencer's Taubman T. i Jehards United Provisions É . Boul W. Whitfield Winism Adams Woolworth’s Carpenter Wunderlich New York Carutm Thisteen Ulty Huddart Argus Lerie Avoir Rtn Art Ae Ghitiuha Ents Jones Ane Herald Holent Hoyta Apf Myr Gotth Adelan Ava Muscath Ean Gas Adelaide Stam Fystverkiner B.A. Brewing Reid Brock Ps i Burscotta, Co Conig Carricks Chas Roy Clifford Claude Neon Ba Duniop Ferdring Dunlop Io Fairymead Evans, Deakin Te Vadee Pe Finney, Isles Banks Ah CG J. Coles OG. J. Grice Vilay Gibran & Howes Aribe Union Gordon & Gatch Insubraece Hanchck Gare Bankers & Trany Henry Jones Wu Arbeert Cliy Howard Smith Australien Thandler King Bhp McDonnell Maryborough Peter Northern Cantiomaina Te Peters Ils Qurenalan Ole Qland Toohris Old Mach Brisbane Perm Wonlen Ihae Ink Oy Rothwella Guefil Reb Reid United Mfetala i United Ana Nyane Aunt Con Indu Walter Reta Ana Wilcox Mofflin Brverit Werner Bros Sae Tinterim Fai Helen Courier-Mail Tabooba Junction Tallebudgera Tewantin Olawah Oeeal Woodford Yendina Balde Hille Botanic Gardens Cache Toowong Hillmere al Rutherfield Darling Bowns Clifton Dalyeen Emu Vale Jimbou Killarney Dalby Stanthorpe Toowang Warwick Jimbour Springbrook BAING Fratotell Bourd Wentworth Sam Dale Katoomba Clarence Eage Port Macquarie Mewcastle Arches Jervis Marlys Macdaie Om Cape Mullumbimby Moi Wantaida Barraba Tamworth Irindi I Tenterfield Glen Innes Ee Cooma Casing Metropolitan Darling Downs Ueensland Canberra Hobart Perth Lane Fanon Hill Dee Norseman Report Bu & Cigar Neva Ming Bank of New Both Wales Neaengaxs Bellin Belling Laon Montreal Dal Austria Belgium Bele Oslovakia Denmer R France Finland Gireece Holland Italy Deva Oom Sweden Nor Wa Switzerland Noumea Papeete Chefoo H. Kong Ceylon Mon Lm Anghal Dat Uh Germany T.T Daollar Nice Ris Quarte wategurler-Matt Aace Columon Wevitt Ms Hoek ANN & CO Broters Parbury House Eagie Gourlar Elican Claphos Ourie Artians UCU Caowl
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