Brisbane Market Update Misses Demand
In Brisbane on November 4 the Monaset raise reported weak demand. Trade noted poor appetite and subdued activity, with buyers scarce and prices uncertain in the market brief.
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Newspaper
Cairns Post
Location
Cairns, Queensland, Australia
Date
Nov 04, 1925
Page
7
In Brisbane on November 4 the Monaset raise reported weak demand. Trade noted poor appetite and subdued activity, with buyers scarce and prices uncertain in the market brief.
Fragmented OCR text discusses strikes, wages, and political stance on union power. It cites workers losing wages, industry impact, and calls for industrial peace through arbitration safeguards. Mentions government proposals and responsibility of trade union leaders in resolving tensions.
Wild cats dominate New York trading as oil shares surge and plunge, with rampant speculation sweeping the Street. Brokers report extreme volatility across listings and dramatic swings in stock prices, reflecting fevered activity and uncertain prospects for major oil issuers.
The Cairns Post notes that wharf conditions are improving and ships will enter Cairns port with regularity from this week. It cites relief for workers on the Tableland and North Queensland, credits Inspector O'Hara and Cairns Police for handling a recent crisis, and mentions the formation of a North Queensland based movement linked to the Australian League of Freedom.
Fragmentary weather report describes scattered thunderstorms in the southeast, with warm periods and varied winds. Mentions easterly winds reaching northern areas and central west and southwest regions, suggesting unsettled conditions across several quadrants.
Corrupted dispatch notes the khinpaie strike persisting for weeks. Mareeba timber mills report worm damage and reduced output as shipments to the Tableland face delays. Weather and rail lines affect logs and hauling, risking shipping stoppages. Local workers and managers fear extended disruption.
The Marcena Shire Council plans a larger reservoir with capacity about 49 000 gallons to meet rising population. An elevated tank proposal is under review by authorities and would boost water access, benefiting residents during dry spells.
Cairns traffic yards at the North Coast Line station are strained by heavy traffic. A plan to rearrange the yard is to be completed by the end of the financial year. The old Cairns station dates back to 1887 with extensions to the wharf, and new station adjustments include wage scales and working hours for factory staff.
The account praises the Malinda Show for its organization and management with strong display of English and German entries. It notes about ninety attendees, various livestock and farm products, and many exhibits including vegetables, art, sewing, and kitchen goods. Credit is given to clergy, traders, and organizers, while praising attendance and promising future events like milking and cattle competitions to be held later.
The report notes Turkey protests and the Franco Turkish agreement allowing Turkey to move troops via French rail lines toward the Kvedinh order, with unclear timing and further details pending. The incident reflects wartime transport disputes influencing Allied logistics and regional stability.
A garbled notice lists a range of events including a party and dance at the Federal Hall, a social meeting of a local club at Shire Wall, and an address by Senator T W Crawford at Hibernian Hall. It mentions a Friday gathering at Cridas and tender invitations by the Deputy Postmaster-General for wood pole supplies to Townsville and Chart.
A scrambled report outlines Cairns harbor expansion with wharf upgrades, deeper water, and a proposed hydro electric power plan. It notes current depths, planned berthage, and costs, plus the route from Cairns to Herberton and connections to other towns. The piece discusses machinery, maintenance, and potential delays in implementing the hydro scheme.
A fragmented report describes a plot at the merchant wharf where Autolyde and others attempted a theft near a tide. The miscreants were disturbed around 3 o'clock, and Autilyde was secured at the wharf as the tide shifted. The text is partially damaged and names appear inconsistent.
A damaged transcript describes a postal robbery case tied to a Sydney railway area. Police investigate a theft of letters and valuables with witnesses noting a suspicious vehicle and a possible suspect connected to the weathered scene. Authorities urge vigilance as investigations continue into the late hours.
Melbourne conference delegates backed a stabilisation plan for butter prices. The proposal, drafted by the Stabilisation Committee and dairy authorities, aims to regulate prices on production, export and local retail.
A fragmentary item discusses Australian labor opposition to a government project and shifts in policy. It mentions Premier Theodore and a bridge linked to Australian manufacturing and tendering in Sydney and Melbourne, with unclear specifics and damaged wording.
The passage discusses two proposed schemes for a fall related tunnel and power line. One involves a parallel tunnel with a steel pipe line to a power house, with estimated costs for headworks at £25,000 and a total project near £600,000. The second scheme is described as Meynindl, with a power house estimate and a 12,000 line, noting railway connections and potential regional outputs from 1928 data including mineral and timber resources in Atherton hinterland and Mulgrave.
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