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Newspaper
Cairns Post
Location
Cairns, Queensland, Australia
Date
Feb 19, 1920
Page
2
The report notes itonatl insurance and Purely Australasian Draper Limited with capital £2.6m and reserves trailing, stating aggregate capital and reserves are only a fraction of premium income. It contrasts British standards, suggesting nationals are nearly twice as strong as the average British offer.
A Cairns court heard George Brayford contesting the sale of his horse after impounding by the Town Council and pound keeper Robert Silas Barnes. Testimony described delays in feeding and attempts to release the horse, with mayoral involvement and subsequent sale to a buyer named Conroy. Further evidence from stock inspectors and council staff was presented as the case adjourned.
Residents of Cairns and District announce removal of their offices and workshops to Mendes Street. The shift consolidates local business premises and aims to improve operations and accessibility for clients and employees.
Mr. A H Clarke of Cairns releases a long list of stock quotations with prices for coal, mines, tramways, banks, brewers, woollen companies, pastoral firms, and government bonds. Entries include Blair Athol coal, Burns Philp, Great Northern, Queensland banks, Toohey’s Brewery, and Peace Bonds with multiple dated notes and fractions.
Melbourne February 17 The Gold Producers Association reports the half year ended December results show a distribution premium of 13 shillings per ounce on standard gold, totaling £107.24 for the six months. Carryover of unsold gold is noted. premiums from prior period reach £120,134, with industry benefits totaling £627,370. State allocations include West Australia and Victoria among others.
Frederick Fenwick Co reports February 1920 sales data from Edward Street Brisbane. Sundries show rising demand with improved rates. Marsupial skins especially wallabies wallaroos kangaroos and nip-tails rise in price. goat-skins up. outlook described as exceptionally bright as buyers increase activity.
The report lists weekly sale results across multiple skins and hides with varied rates. Prices include scrub wallabies at 5 shillings firsts and 4 shillings 6 pence seconds, wallaroos 4 shillings firsts 3 shillings 6 pence seconds, and rock wallabies noted. It notes a three month season closure for the department and broadly firm demand with strong competition for light hides and high rates for substance hides. It also mentions o possum skins and tallow market movement with prime tallow at 87 per ton and lower grades in demand.
MacTaggart Bros report notes a rapid cream supply increase since the New Year with January output reaching 334 tons. Suppliers will be paid 1/54 per first grade cream and under the new Produce Act the over-run percentage is added to accounts each month alongside better manufactured product.
The Atherton sub-branch of the Returned Sailors and Soldiers League of Australia met at the School of Arts with Dr Nye in the chair. Ecked officers resigned and new treasurer J Egam elected. They planned Anzac Night events, sports on King’s Birthday and June, appealed for War Memorial Hall funds, pressed for living-area extensions on Soldier Settlement blocks, and agreed to donate £3 to the School of Arts while supporting local sports and council efforts for a recreation ground pavilion.
London February 18 report that Mr Laperenne from a junior treasury post requires a re election for Argyllshire. Sunderland may succeed Capt Guest as chief whip while Guest is considered for Governor General posts in Australia or New Zealand. Sir E Shortt may resign as Home Secretary to fill a vacancy.
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