Market Gains Slide on Brisbane Stock Exchange Day
Stock prices showed varied moves on the Brisbane Exchange with most shares trading within narrow limits. The day featured modest advances and declines as investors weighed mixed indicators.
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Newspaper
Brisbane Courier Mail
Location
Brisbane, Queensland, Australia
Date
Sep 03, 1940
Page
5
Stock prices showed varied moves on the Brisbane Exchange with most shares trading within narrow limits. The day featured modest advances and declines as investors weighed mixed indicators.
The article reports a reduction of borrowing rates by Australia's financial authorities in the past year, noting a drop of one percent. It discusses central bank actions and market responses, with emphasis on affordability and economic impact during the period.
Australian banks show a larger fall in deposits than in loans for the five months ended May, with total deposits dropping to about 4340.7 million pounds and loans easing to around 2209.8 million. Despite reduced balances, banks remain well supplied with funds as advances to customers decline at a slower pace.
Sydney and Melbourne sections report stock activity, dividend notices, and mining market movements. Key entities include GSE, MINING MARKET INDEX, and FINNEY'S INTERIM with dividends noted. The piece covers exchange styles, price shifts, and notable listings among Australian and international markets.
Buzacotts Limited Queensland reports a profit after tax of £7161 for the year ended June 30, up from £689 the previous year. New factory capital expenditure incurred, production and distribution plans noted. Directors recommend a primary dividend of £178 and preference dividend of £44.
Unclear OCR excerpt describes market seed rumors and industrial stocks with references to Meeks Zine Pete and a mining index. The fragment mentions price movements, a heat level, and a late-night timing around 11 pm, but specifics are fragmented and names are inconsistent.
A damaged OCR fragment references Nek Korea FA Sou AL Ba and WEY A Mane MADarmroverts Pinte the TERRE with unclear context. No coherent event or dates are readable to identify people, places, or actions.
An article discusses indigestion symptoms and remedies, emphasizing common causes such as constipation and stomach discomfort. It mentions a root pill advertised as a remedy and notes the public seeking digestion improvement through various products.
A garbled report describes tin dredge operations at Return Creek and nearby sites in Australia. It notes multiple plants, daily dredging, and ongoing mining activity in the Batite Creek and Southern Hemisphere regions. Production values in the Swanthorpe and Tantnhorpe districts are mentioned, with several new plants installed since late June.
A clipped report from Melbourne notes B. H. Pty behind the war effort with Chairman Mr. He and Cr. Waring urging continued tax support and production. It highlights staff keenness, strike impacts on profits, and the push to mobilize resources including munitions and domestic supply.
The report notes steady prices for potatoes and wheat with stable supplies. Farmers reported satisfactory shipments and typical market activity, with few changes in pricing for these staples and related farm products including flour and wax goods.
A fragmented OCR item mentions a time near 48 pm and a reference to a place or event labeled River 423 Sim 038. The readable segments do not provide clear names or actions to form a full, coherent summary.
A garbled report references poultry, dogs, birds, and a legal action involving Agape and a hatchery. The text names places, people, and agencies in a Jammed, unclear account of a dispute over poultry production, hatchery practices, and related public interest.
OCR text summarizes shipping notices with scattered place names Hobart Aden Adel Warmeaba and dates. It mentions meetings, incidents at sea, and maritime movements in a damaged OCR fragment. Entities include Hobart, Adel, Warmeaba, and possibly Pelling and Caer. The fragmentary notice hints at sailing schedules and incidents without clear details.
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