13 Missing as Ships Collide Off Tokyo
In Tokyo Bay 13 seamen remain unaccounted after a collision between the Liberian freighter Pacific Ares and the Japanese tanker Yuyo Maru No 10. One survivor, 33 year old Taiwanese second engineer Chen Yu-Tune, was rescued after 15 hours aboard the burning wreck. Nine other crewmen are unaccounted, with four others missing from the tanker’s 38 crew.
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Tokyo
Tokyo Bay
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Chen Yu-Tune
Saudi Arabia
Kawisiki
United States
London hotel fire kills eight
London fire at Bray's Transport Hotel in Islington killed eight people and left six rescued. The blaze spread from a ground floor cafe to upper rooms. bodies were found on first and second floors. About 30 firefighters battled the three story building, with some victims reportedly overcome by smoke.
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David Bullman
Yass
London
the Press Association
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Transport
Islington
Royal Northern Hospital
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More firms will go to the wall, Chamber chief warns
Federal Chamber of Manufactures president Roy Nichols warned that more firms would go to the wall as they struggle to meet weekly wage obligations. He said tax deferments may be sought amid liquidity strains, noting six months for economy improvement and sharp government inaction.
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Chamber of Manufactures
Roy Nichols
Federal File
Nichols
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Chia
Boy Burned When Drum Explodes At Tip
A 13 year old boy, William Mark Green, suffered facial burns when a 44 gallon drum exploded at the Kingston rubbish tip on Saturday. About 20 drums had been dumped on a fire and some were sealed. He was treated at Canberra Hospital then released. Police seek the drum owners.
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Kingston
William Mark Green
Carnegie Crescent
Narrabundah
Canberra
O'Boyle
ACT Police
Conference on alcoholism in industry urged national guidelines
A Canberra conference on alcoholism in industry urged national guidelines for in industry programs to identify and combat dependency on alcohol and other drugs. Organized by the Australian Foundation on Alcoholism and Drug Dependence and backed by the Government, it called for employer bodies and the ACTU to endorse AFADD and Government aims. The 120 representatives from management, unions, and medicine urged union and management groups to start early treatment programs, address staff sharage concerns, and fund more research and education.
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Ment
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Credit eased and more aid promised by Whitlam government
The Australian government announced night measures to ease the credit squeeze with more to come. Crean outlined relaxed overseas borrowing rules and lower yields on Treasury securities to boost bank lending, while Whitlam plans further steps to curb inflation and unemployment.
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Mr Crean
Treasury note rates cut to boost private liquidity
An official Canberra statement announced a cut in three month Treasury notes from 9.358% to 8.687% and a drop for six month notes to 8.687%. The move aims to reduce yields on short term federal securities, making private sector investments more attractive and improving liquidity. It notes a prior reduction and outlines effects on banks, dealers, and large firms, with implications for housing lending and bond markets. Hawke warned Whitlam that the union movement seeks urgent government action.
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Treasury
Whitlam
Crean
Canberra
Reserves Bank
Treasury Notes
ACTL
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Hawke
Whitlim
Seven point plan to ease Australia rural crisis proposed
The Leader of the Country Party Anthony outlines a seven point plan to relieve Australia's rural crisis. A South Australian government report on passenger motor vehicle industry notes proposals that could increase inefficiency. The Vietnam war's impact persists with Kent State acquittals and Calley bail. The Pope urges agriculture focus to solve the world food crisis. Australian sugar talks surface in London with an independence deal hinted by Prime Minister Wilson. Bob Shearer wins the Chrysler Classic in Melbourne by nine strokes.
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Kent State
Willian Calley
Iy Lai
London
Wilson
Australia
Six months late response from Crean sparks critique
The Opposition leader Mr Snedden said the monetary measures announced by Mr Crean were overdue and urged further actions. He called for reduced government spending, a $1 billion personal tax cut, lower indirect taxes, and measures to ease the credit squeeze. Also urged were wage restraint leadership and Arbitration Commission authority. Senator Hunt and Senator Carrick criticized the package and warned of continued credit tightness and weak employment if action stalled.
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Crean
Snedden
Canberra
Arbitration Commission
Hunt
Nsw
Mtr Himt
Canberra Expects Warm Start With 26 Degree Day
Canberra records a spring heat peak at 24 degrees reported yesterday. Weather bureau spokesman says today will be fine with a 26 degree high and north west winds. No major changes expected for the next two to three days as lake winds and minor damage affect the region.
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Canberra
Bureau of Meteorology
Win
Rachis
Veterans recall Gallipoli memory amid quiet gunner routine
A veteran reflects on world war memories as he and fellow gunners cleaned heavy Vickers guns and remembered friends who fell in Gallipoli Palestine and France. He notes few survivors left and questions the value of a commemorative moment while the line of duty continues.
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Gallipoli
Palestine
France
Soviet Luna 23 probe damaged on moon landing
Moscow reports Luna 23 landed in the Sea of Crises damaged during descent. No drilling or rock sampling occurred and the mission ended after a modified program. The craft launched October 28 and joined sister ship Luna 22 in orbit after November 20.
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Moscow
Soviet Union
Tass
Sea of Crises
Tava
Moon
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