New Guinea And Papuan Share Market

Sydney Stock Exchange Quotations

Business has been restricted during the past month for shares in New Guinea gold companies. These to receive most attention were Placer Develop

ment, New Guinea Development, and Mt. Sisa.

The following table shows the price on September 10 of shares listed on the Sydney Stock Exchange;

Authorized Shares

Issued

Price, September 10

Company

Capital.

Number Amount Paid up Buyer Seller £ £ s. d. £ s. d. £ s. d. £ s. d.

Akmana New Guinea, N.L. pd. 30,000 140,000 0 1 0 0 1 0 —. —.

Akmana New Guinea, N.L ctg. 360,000 0 1 0 0 0 6 — 0 0 iVi Bulolo, N.L ctg. 25,000 150,000 0 2 0 0 0 6 — —- Guinea Gold, N.L 50.000 50,000 1 0 0 1 0 0 — —• Mt. Kaindi, N.L pd. 50,000 90,000 0 4 0 0 4 0 — 0 0 7 Mt. Kaindi, N.L ctg. 160,000 0 4 0 0 0 10 0 0 2 0 0 4 Mt. Lawson (N.G.), N.L pd. 17,500 18,000 0 2 6 0 2 6 — — Mt. Lawson (N.G.). N.L ctg. 102,000 0 2 6 0 2 3 —• — Mt. Lawson Blks. (N.G.), N.L. pd. 48,000 80,000 0 4 0 0 4 0 —• — Mt. Lawson Blks. (N.G. i. N L. ctg. 140,000 0 4 0 0 1 0 0 0 2 0 0 5 Mt. Lawson Extended. N.L. . . pd. 48,000 80,000 0 4 0 0 4 0. — — Mt. Lawson Extended, N.L. .. ctg. 140,000 0 4 0 0 1 0 0 0 2 0 0 5 Mt. Sisa, N.L pd. 70,000 120,000 0 4 0 0 4 0 0 0 7 0 0 9 Mt. Sisa, N.L ctg. 190,000 0 4 0 0 1 6 — 0 0 5 Vi New G. Development. N.L. .. pd. 40,000 110,000 0 1 0 0 I 0 0 0 4 Vi 0 0 6 New G. Development. N.L ctg. 510,000 0 1 0 0 0 9 0 0 3 Vi 0 0 5 JJ.G. Gold Deposits, N.L pd. 20,000 20,000 0 2 6 0 2 6 — —

■fep Oold Deposits, N.L

ctg. 100,000 0 2 6 0 1 7 0 0 9 0 1 3 oold & Osmiridium. N.L. 10,000 80,000 0 2 6 0 2 6 — 0 1 3 Guinea Options, N.L

pel.

50,000 50,000 0 2 0 0 2 0 0 0 6 — New Guinea Options, N.L ctg. 279,000 0 2 0 0 0 6 — —.

North East New G., N.L pd. £0,000 90,000 0 4 0 0 4 0 — 0 0 7 North East New G., N.L ctg. 140,000 0 4 0 0 0 10 0 0 4 Oba River (Papua), N.L pd. 25,000 40,000 0 2 6 0 2 6 — Oba River (Papua), N.L ctg. 140,000 0 2 6 0 1 0 Oriomo Explorations Ltd 12.000 48,000 0 5 0 0 5 0 .

Papuan Gold Areas, N.L pd. 18,750 40,000 0 2 6 0 2 6 Papuan Gold Areas, N.L ctg. 100,000 0 2 6 0 0 10 —. .

Placer Development Ltd.* $500.00 44,515 $5,00 $5.00 2 1 0 Sloane’s New Guinea. N.L pd. 25,000 25,000 0 2 0 0 2 0 0 0 1 Sloane’s New Guinea, N.L ctg. 200,000 0 2 0 0 2 0 0 0 1 Solomon Islands Gold. N.L. .. pd. 25,000 20,000 0 2 6 0 2 6 Solomon Islands Gold. N.L. .

ctg.

120,000 0 2 6 0 0 10 — — * In addition there are 25,485 contributing 5 dollar

shares paid

to 3 Vi dollars which are not quoted on the Stock Exchange.