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Newspaper
Canberra Times
Location
Canberra, Australian Capital Territory, Australia
Date
Jan 14, 1967
Page
7
Trading on the Melbourne Stock Exchange closed steadier with the industrial section showing uncertainty as prices slipped modestly. Turnover shifted with modest activity across mining and industrial issues, while several listed shares moved within narrow ranges amid market cautiousness.
Victorian Railways say transport of harvest wheat is not abnormally difficult despite a strong northeast yield and late season. Slow discharge at grain terminals and vehicle turnaround are cited as the main bottlenecks while rail vehicles await track clearance. Officials note drought pressures and rising costs influence feeding records and harvest logistics.
A South Australian woman sought Reserve Bank of Australia men to manufacture a fake ten dollar note device described as an ultra gralch provider. The incident in Adelaide, involving seizures and the suspected attempts to move between 18 and 20 notes, triggered police attention and an inquiry into the legality of transferring Australian currency.
In Melbourne a police chief urged familiarisation with ways of life to aid inquiries at the Victoria Market shooting. He suggested screening migrants to curb Mafia linked crime, a stance criticised by party leaders as offensive and unsafe remarks that linked Italian migrants to crime.
The Minister for Civil Aviation Mr Swartz indicated a decision on permitting charter air service to cover regular scheduled flights is being considered and will be announced soon. A department spokesman said the issue was under review and a decision would come "soon."
Laurence Fingieson of Forrest placed third in NSW leaving certificate physics while attending St Edmunds College in Canberra. He won a prominent scholarship in 1955 and has represented ACT in junior rugby and cricket.
Sydney reports the Endeavour replica project is canceled after six years of work. Funding shortfalls and insurance hurdles halted plans as Admiral Coline and Sirge wire officials failed to secure January guarantees. Shipyard costs had ballooned to about 162 500 pounds before cancellation.
New Zealand faces economic constraints affecting its stance on a potential Australia New Zealand trade accord. Trade Minister McEwen plans to tour New Zealand to prepare for negotiations, aiming to discuss future directions, possible expansion, and cautious approaches by both governments.
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