Premiers Resist Bond Rate Rise At Loan Council Meet
New South Wales Premier Heffron leads state governments in seeking alternatives to raising the Commonwealth bond rate. The Loan Council gathering in Canberra will weigh a potential half‑percent rise amid concerns over dear money, unemployment, and the impact on state borrowing costs. Government forecasts note higher interest could push up loan charges and slow public investment while import trends and motor industry setbacks loom.
MENTIONED IN THIS ARTICLE
Canberra
N.S.W
Heffron
Holt
Queensland
Diners
Commonwealth
Mottalia
Nicklin
Nsw
Ns.w
N.S
Renshiw
NSS
American Scientist Arrives to Calibrate Australian Tracking Stations
Sydney reports that Warren J. Hook, field representative of the Ben dix Radio Division, arrived from Cape Canaveral to calibrate tracking stations in Australia. The project aims to launch a human astronaut into space.
MENTIONED IN THIS ARTICLE
Warren J. Hook
The
Bendix Radio Divi
Hook
Cape Canaveral
American Missile and Space Satellite Test Centre
Australia
U K Securities Crash As War Loan Falls to New Lows
UK gilt edged securities tumble on London exchange driven by persistent selling and investor shift from fixed interest to ordinary shares amid inflation. House of Commons rejects Labour motion condemning government policy by 89 vote majority. Reginald Maudling links sterling and dollar as reserves.
MENTIONED IN THIS ARTICLE
Stock Exchange
House of Commons
Labour
Speskee
Jarahl
Wilson
Ecanomme Cedom
Wilton
Gustainedd Brotiyi
Oil Quest Melbourne wins approval for exploration area
Oil Quest Melbourne said its petroleum exploration licence for 2145 square miles in the South Sydney basin has been approved by the U S Department of Mines. The area was previously held by Australian Tron and Steel Ltd.
MENTIONED IN THIS ARTICLE
Melbourne
Oil Development Nb
South Sydney
U.S. Department of Mines
Australian Tron and Steel Ltd
Spy ring under Official Secrets Act tied to Moscow links
British Attorney General described a covert cell operating from a Ruislip house near Waterloo Station. Peter Kroger and wife Joyce, Gordon Lonsdale, Henry Haughton, and Miss Elizabeth Gee faced trial for espionage. Evidence included a wireless transmitter, microdots, Russian coded materials, and substantial foreign and local cash.
MENTIONED IN THIS ARTICLE
Yemeruay
Reginald Munningham- Buller
London
Waterloo Station
Secret Service
Crawley Drive
Ruislip
Middlesex
Peter John Kroger
Joyce
Gordon Arnold Lonsdale
Henry Frederick Haughton
Miss Fither Elizabeth Gee
Admiralty
Miss K
Scotland Yard
Special Branch
Lonsdale
Mrs. Krop
Ruislip “House
Sir Reginald
Krogers
Fing
Moscow
Reginald
Kroger Howe
Miss Gee
Portland
Houghton
Gee
Miss Cive
Unusual Gift Arrives at Prime Minister's Lodge
A large goose shipped from Sydney arrived at the Prime Minister's Lodge. A Dame Pattie note claimed the bird descended from sacred geese and warned against snippers at VAP dinners. A freight officer says it was not a joke and a previous goose was sent to Dame Pattie weeks earlier. The goose is reported in good condition.
MENTIONED IN THIS ARTICLE
Sydney
Ansett A. A. Freight Department
Haye Market
Pattie
Moonaja
Rome
Also Mentioned on This Page
U.S
McEwen
Commerce and Industry
Indie Mohamed Khir Johari
U.K
Ument
Board of Trade
Reginald Maulding
OIL Quest
Statio
Ansett Freigh
Alam ‘Dorevnd
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