Australia to acquire American shares under securities order
The Commonwealth Government issued an order under the National Security regulations to acquire the dollar credit in New York of Australian holdings in 19 American and one Canadian industrial stocks. Initial acquisition about 5 million dollars, owners must sell at least half within three months and full holdings in six months. Proceeds credited to Commonwealth Bank of Australia in New York, payment to owners in Australian currency.
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Commonwealth
National Security (Securities
New York
America
Commonwealth Bank of Australia
United States
Ownecra
Australia
Spender
Great Britain
San Ploeka
Federal
Ficeervene of
Commonwealth Bank of Auswalla No. 3
Commonwealth Bank
Sci- Mi
Wien
Canada
Sterling
Allstalia
Macentro
Price control will stop war boom in Australia
Sir Marcus Clarke told the Associated Chambers of Commerce of Australia conference that price control would prevent a wartime boom and shield households from postwar depression. He urged states to keep taxes low and warned every citizen would pay their fair share to fund the war effort.
MENTIONED IN THIS ARTICLE
Sydney
Marcus Clarke
Associated Chambers of Commerce of Australia
Control extended on airport and export of key commodities
The Minister for Industry announces a mid day proclamation extending export controls under the Cas Act. Over 100 commodities including ores minerals chemicals iron steel mica products carbon products abrasives and turpentine require licenses from the Department of Supply. Licences cover imports and exports to conserve defence supplies.
MENTIONED IN THIS ARTICLE
Senator McLeay
Air Training Scheme Opens in Toronto Inaugural Class
Canadian air training program begins with initial intake at Eglinton Hunt. Trainees will undergo two months of air observation followed by six months of bombing and navigation training. After entry, four months of training will proceed in TV classes and further modules.
MENTIONED IN THIS ARTICLE
Toronto
Eglinton Hunt
Iota
Pension for Widow of Detective Inn Granted
Pension of £3 a week approved for the widow of Detective John Inn who was shot dead by a demented man at Wollongong. Police Superannuation Board reached the decision today and will forward it as a recommendation to the Executive Council for approval.
MENTIONED IN THIS ARTICLE
Sydney
John Inn
Wollongong
Police Superannuation Board
Executive Council
Wheat marginal areas debate ends in deadlock
A conference of State and Commonwealth representatives on marginal wheat areas and potato industry issues ended without agreement. Commonwealth grant of £500 000 remains unallocated. NSW suggested £200 000 for NSW, others split £100 000 each, but states including Queensland and Tasmania were not represented. Mr Cameron to outline intentions in the House today. NSW Agriculture Minister Major Helly declined to comment.
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Cameron
Anonmoui
Queensland
Tasmania
New South Wales
House of Representatives
N.S.W
Major Helly
Nine Oil Firms Cited in Victoria Price Fixing Case
The Supreme Court of Lin Listh Columbia cites nine major oil companies for violating the Mo minions Combine Investigation Act by refusing to supply outlets due to a provincial price fixing order.
MENTIONED IN THIS ARTICLE
Victoria
Supreme Court of Lin Listh
Columbia
Mominions
Boxing Godoy to Meet Louis Again at Yankee Stadium
Godoy and Louis have been matched for a title bout at Yankee Stadium on June 20 scheduled for 16 rounds. If Godoy wins, he must face Louis again within two months. Louis previously defeated Godoy on points on February 9.
MENTIONED IN THIS ARTICLE
New York
Louis
Harry Godoy
Yankee Stadium
Godoy
Louls
Wool Price Dispute Over Tariff Board Inquiry
Victorian Graziers Union seeks a Tariff Board inquiry into wool production costs. The Commonwealth Government rejects the request, saying wartime burdens apply to all. Australian wool price set by the Wool Committee exceeds four-year average, ensuring growers receive this price despite Britain’s delivery issues. South African prices cited but shipping risk rests with SA exporters.
MENTIONED IN THIS ARTICLE
Victorian Graziers’ Union
Tariff Board
Commonwealth
Victorian Graglers' Union
Great Britain
Conmen Lth
South Ares
Pension Refund Convicted Woman Ordered to Pay Reparations
Leah Benjamin appeared in the General Summons Court and was ordered to pay 202.17 reparation to the Pensions Department plus 12/10 court costs for deceit. The Crown alleged she forged receipts and that her daughter once received an invalid pension but died. the mother kept drawing funds and claimed fear of reporting the wrongdoing.
MENTIONED IN THIS ARTICLE
Sydney
Tueasay
Leah Benjamin
Geniral
Pensions Department
Probate action in ACT for Madge Louise Johnstone will
The Supreme Court of the Australian Capital Territory probate jurisdiction hears an application fourteem days after the NSW probate grant dated 28 June 1939 for the will and codicil of Madge Louise Johnstone of Waver ton near Sydney. Davies & Woods, proctors for the applicants, Northbourne Avenue, City Canberra, require any claims to be filed with particulars.
MENTIONED IN THIS ARTICLE
Supreme Court OF the
Australian Capital Territory
Madge Louise Johnstone
Waverton
Sydney
New South Wales
Supreme Court of New
Davies & Woods
Northbourne Avenue
Canberra
Interior
Majura
Gungahlin
J. A Carrodus
Belgium Ex-PM Sees U S Role in World Economy Postwar
M van Zeeland, former Belgian prime minister, urged U S business leaders to shape the postwar international economy. He argued for raising living standards and removing artificial barriers hindering the flow of gold capital and people, warning against concentration of wealth in one country.
MENTIONED IN THIS ARTICLE
Washington
M. van Zeeland
Belgium
United States
Film profits reinvested in Australia under wartime scheme
The Commonwealth Government and American film distributors agree to reinvest half of normal remittances to America in Australia during the war. An official statement is expected soon. The industry survey suggests savings in U S credits in Australia amount to about £1,000,000.
MENTIONED IN THIS ARTICLE
America
Australia
United States
Manuka Football Club Meeting Posts Election of Captain
All members required to attend a meeting of players and supporters at Wilkinson's Cafe Manuka tomorrow evening May 7. Secretary T Findlay and Convener W J Kingswell in charge. Urgent business funds for the War Fund to be discussed.
MENTIONED IN THIS ARTICLE
Nw Ps
St. Paul's Church Hall
Kingaston
At & P.m
Wilkinson
Hotel Kingston
J. F. Grinsdale
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