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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Mar 14, 1935
Page
11
Fragmented OCR notes discuss Australia’s trade with Germany and Japan, mentioning exports like whaling products and air exports. It references wartime or postwar context, favorable commodity balance, and implied disputes without clear dates or concrete events.
A historical report notes severe 1934 trade strains with Germany due to foreign exchange restrictions. It cites declines in wool exports to Germany, currency value effects, and Germany’s barriers to foreign sales while Australia contemplates a potential trade agreement with Japan. Government support for German wool credits is considered unlikely.
The year ends amid negotiations with Japan, with Australia seeking favorable concessions while facing a shrinking trade surplus. Principal imports from Japan include silk goods, cotton fabrics, and ceramics. wool exports to Japan rise and fall with price changes. Declines in wool volumes and prices reduce the wool trade value, reflecting broader adjustment in the bilateral balance and the challenge of harmonizing trade terms.
The piece outlines rising trade barriers affecting global shipping, with Britain contending subsidies, state control, and restrictive laws shaping routes and fleets. It notes Australia and New Zealand export pressures, aviation as a challenger, and shipbuilding gains including 1924 outputs and British tonnage growth.
The 1924 Australian stock markets showed lower interest rates, rising speculation, and rising confidence in recovery. Regulators pushed stricter supervision of public companies amid New Zealand ties, while gold mining and mining promoters drew both interest and risk as volumes surged and prices fluctuated. The year ended with an overbought market and pending corrective measures.
Internal trade notes outline a loan of 613,000,000 in June at 41 bearing interest at par and a redoubled yield of £5/7/0 per cent. An additional £10,000 loan was opened for subscription on May 20. The nominal rate is 3 percent with terms expiring 190/16/s. Of the total, 12,260,000 funded public works and rehabilitation efforts. £760,000 redeemed short-term bills. The Young plan shows a 14 year period with substantial effective yield.
Lyons published the capital statement for the Austin offices of the Breeet Braddon Conberrs company. The document lists issued capital and related details for the firm’s local operations in Austin.
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