The Archive · 1940

Australia Requisitions US. Securities

Total of $5,000,000 to Be Realized by Plan Canberra, May 1, The Australian Government yesterday requisitioned 20 United States securities for subsequent sale in New York where the dollar proceeds will be placed in the account of the Commonweath Government, The stocks to be requisitioned include American Smelting, American Telephone and Telegraph, American Tobacco, Anaconda Copper, Bethlehem Steel, Chrysler Consolidated, Edison, Douglas Aircraft, General Electric, General Motors, Goodyear, International Nickel, Montgomery "Ward, Parke-Davis, Republic Steel, Swift, Youngstown Tube, United Carbide and United States Steel.

Holders of these stocks must sell halt within three months and the remainder within six months—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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