Courier-Mail (Brisbane, Qld. : 1933 - 1954), Saturday 9 October 1937, page 14
£50,000 PAID FOR STATION 4BC
The purchase price of the broadcastIng station 4BC, and its associate interests, which changed hands in March, was £50.000. accordiner to information
given in a prospectus Issued oy commonwealth Broadcasting Corporation (Q'land), Pty., Ltd. The company was formed by the Australian Broadcasting Company PtTi Ltd., which acquired the station from Chandler and Company. The actual purchase price payable to the vendors was £48,200, but £1800 additional was paid for land at Oxley. Chandlers received £10,700 in cash, and a debenturs was given for £37.500.