Change tone held on Brisbane share market
A firm tone persisted in the Brisbane Stock Exchange yesterday with six advances and one decline. Movements were narrow while variations in the market appeared limited amid cautious trading.
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Newspaper
Brisbane Courier Mail
Location
Brisbane, Queensland, Australia
Date
Oct 29, 1940
Page
4
A firm tone persisted in the Brisbane Stock Exchange yesterday with six advances and one decline. Movements were narrow while variations in the market appeared limited amid cautious trading.
The report covers closing rates on changes in exchange and commodity prices, with details on debentures, cheques clearings, and bank activity. It notes Brisbane clearing figures year to date, local fruit markets for peaches and lucerne hay, and prices for various grains and fodder, highlighting market firmness and delivery volumes.
Page compiles scattered market updates from Mount Cyril and surrounding exchanges, listing commodities like onions, tomatoes, carrots, beetroot, poultry, and honey. It mentions traders, prices, and shipments, with reports of Rand currency activity and general market mood across multiple stalls.
The Amalgamation of primary wool producers nationwide was approved at meetings of major associations. Shareholders expect benefits from the merger, with stock exchanges and allocations described for member trusts and regional holders. The deal consolidates ownership and aims at centralized control with proportional distribution of new shares and assets.
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