Canberra's development future was looking bright on this day in 1934, as local businesses leapt into "solid expansion".
A case for optimism was made with a story on the front page of The Canberra Times, which focused on J.B Young in Kingston - a Queanbeyan-founded chain of retail department stores.
"While there is no diminution in the numbers of business houses, as new elements are continually being introduced, the feature of recent developments has been the solid expansion of established businesses," the story said.
"Mr Reg Maloney, mercer, of Kingston, is opening new departments comprising tailoring and boots and shoes, thus doubling the space occupies by his business."
E.C. Harris and Co. grocery stores had also secured the former butcher's building in Kingston to expand into, and the suburb's Rotary Cafe was looking to enlarge.
"At city, new premises are being erected by Messrs. Cassidy and Notaras for further business expansion," the story read.
"When erected, these premises will complete the central feature of Sydney buildings."
A new city theatre was expected to be built the following year.