New Guinea-Papuan Gold Share Market

Sydney Stock Exchange Quotations

There has been little demand for shares in any New Guinea gold companics during the month. Placer Development was the only company to strengthen. Buyers who last month offered 41/- are now quoted at 43/9, with sellers at 44/6. New Guinea De-

velopments have remained steady, and these shares are being watched in view of the option over the leases held by a New York mining house.

The following table shows the price on October 13 of shares listed on the Sydney Stock Exchange:

Authorised

Shares

Issued

Price, October 13

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 i 0 Akmana New Guinea, N.L ctg. 360,000 0 1 0 0 0 6

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 Mt. Kaindi. N.L ctg. 160,000 0 4 0 0 0 10 0 0 4 Mt. Lawson (N.G.), N.L Pd. 17,500 18,000 0 2 6 0 2 6 Mt. Lawson (N.G.I, 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. IN.G.I. N.L. . ctg. 140,000 0 4 0 0 1 0 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 Mt. Sisa, N.L pd. 70,000 120,000 0 4 0 0 4 0 Mt. Sisa, N.L ctg. 190,000 0 4 0 0 1 6 0 0 6 New G. Development, N.L pd. 40,000 110,000 0 1 0 0 1 0 New G. Development, N.L ctg. 510,000 0 1 0 0 1 0 rr o O 0 0 5 N.G. Gold Deposits, N.L pd. 20,000 20,000 n 2 6 0 2 6 - N.G. Gold Deposits. N.L ctg. 100,000 0 2 6 0 1 7 N.G. Gold & Osmiridium, N.L. 10 000 P.0,000 0 2 6 0 2 6 0 1 0 New Guinea Options, N.L Pd. 50,000 50,000 0 2 0 0 2 0 New Guinea Options, N.L ctg. 279,000 0 2 0 0 0 6 North East New G., N.L pd. 50,000 90,000 0 4 0 0 4 0 North East New G., N.L ctg. 140,000 0 4 0 0 0 10 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 G 0 1 0 Orimo Explorations Ltd 12,000 48,000 0 5 0 0 5 0 Papuan Gold Arears, 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.* $500X0 44.515 $5.00 $5. 00 2 3 9 2 4 6 Sloane’s New Guinea, N.L pd. 25,000 25,000 0 2 0 0 2 0 Sloane’s New Guinea. N.L

ctg.

200.000 0 2 0 0 2 n 0 0 1 y 2 0 0 2>A Solomon Islands Gold, N.L nd. 25,003 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 not quoted on the Stock Exchange.