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Newspaper
Coffs Harbour Advocate
Location
Coffs Harbour, New South Wales, Australia
Date
Mar 25, 1949
Page
3
Australians holding more than £10 in Victory or Security Loan bonds are urged to read the Prime Minister's letter. It explains that maturing Commonwealth Bonds stop interest and directs reinvestment into the Seventh Security Loan to maintain income and national economic stability. Complete and return the accompanying application form today.
The Australian Petroleum Ltd led Oil Search operations in Papua using a global consortium including British Iranian Oil and Vacuum Oil, exploring 89 000 square miles for commercial oil. Survayers geologists and crews set camps drill, transport by ships boats and land, with equipment from England and a workforce up to 500 laborers, aiming to secure domestic oil supply and reduce reliance on imports.
Mr W Tait of Bellingen has been refused a license to carry passengers despite support from Bellingen Shire Council. The Transport Department cites existing authorised passenger services, while the council laments lack of local input and notes the service would aid residents meeting the northbound express train without extra fuel use.
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