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Newspaper
Brisbane Courier Mail
Location
Brisbane, Queensland, Australia
Date
Sep 05, 1940
Page
6
The Courier Mail lists prices for 10 Queensland stocks at the outbreak of war in 1914 and again one year later. This wartime market snapshot contrasts initial values with subsequent changes, highlighting sector shifts and investor reactions during the early World War period.
Strong investor support kept stocks higher on the Brisbane Stock Exchange as trading continued. The report references sales and various listings including Castlemaine and other entities, with mentions of Allan and Stark and a paper and pulp concern.
Brisbane and Melbourne trading show scattered gains in mining and gold shares amid quiet base metals. New Broken Hill rose to 146 with varied quotes across Copper Lyell Normanby and Souths. London transfers show fluctuating exchange rates with New York at 9 2982 and Montreal at 21 70190.
A compact notice describes stamping the date and time of stamping on all documents to record accurate time checks for correspondence, telephone charges, delivery slips, and work sheets. The service emphasizes automatic adjustments and a strong build, priced at £6 15s.
The Finance Editor reports this week’s gains as the best in months with the index rising to 116.59, the highest since May 29. Overseas markets firmed though London and New York rose less than a point, while Brisbane saw a drop in Castlemaine Perkins. Woolworths recovers to 18/3 after July lows, with prices having touched 13 3 and 15 recently.
Directors of Norseman Gold report the cash position in September does not support an interim dividend. Prewar estimates did not anticipate extra expenditure. It was essential to provide temporary financial assistance to Norseman Developments, ML, and Norseman Associated, NL.
Data appears from a colonial era mining monthly, listing ore tonnages and bullion values for August. Figures show tin and gold yields, with values per ton and total bullion amounts, alongside schedule notices for mail to various regions.
The Courier Mail notes a south to north wind shift with a low mood moving from Western Australia toward the Coral Sea. Queensland remains mainly fine with milder temperatures, light to intermittent winds, and possible showers along the southern border. Rainfall figures for 24 hours end at 8 a.m. show scattered values across the Northern, Central, and Southern divisions.
The Brisbane Associated Fruit Agents have renamed to the Queensland Chamber of Fruit and Vegetable Industries to broaden trading operations. The new body lists 41 members with elastic constitution and expanded activities planned. Officers elected include President J H Leavy and vice presidents P Jesser and L Martin, acting treasurer and secretary T Bowden, with a committee of H V Geeves W M Gultormsen T P Eriksen H W Harris H L Wool and J R Livingstone.
Moderate deliveries to Roma Street markets yesterday showed generally easier values with best selling Toogoolawah potatoes at £15 a ton. Prices ranged for various vegetables and fruits with mixed quality notes and several items quoted per ton, bushel, or piece across a broad market spread.
Advance listings show non Wi sales draw for Cannon Hill with broker names Winthcombe Careon Daigety Sturmiel and others. Advance drawings indicate cattle trucks and sheep trucks scheduled for September 19 and 24 at the Brisbane Wholesale Meat Traders Association sale arena.
An inquest heard a car party headed to a daughter's wedding when a vehicle forced their car off Beaudesert Road Acacia Ridge. William John Baker, 62, farmer of Sunnybank, died two days after the June 22 crash. Bride Esmie Halda Burke described the wedding was not rushed. Lorance Garnett, 19, said they swerved to avoid a collision with another car that was on the wrong side of the road.
Tide and sun details at the Pile Lighthouse show sun rise around 658 am and sunset near 1182 pm with moonrise and moonset timings noted. High and low waters are listed with heights and associated times for today and tomorrow, reflecting coastal observations in a historical log.
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