End-Of-Year

Functions

New Guinea Women's Assn,

of Melbourne ABOUT 120 Territorians and their friends attended a Christmas cock tail party given by the New Guinea Women’s Association in Melbourne on December 14.

Among those present were Mr. and Mrs.

Jack Devany; Mr. and Mrs. W. Fox; Mr. and Mrs. Malcolm Jones; Mr. and Mrs.

W. Looker and Miss Shirley Looker, now doing third-year Science at Melbourne University: Mr. and Mrs. W. Chapman; Mr. and Mrs. H. D. Phillips; Mr. and Mrs.

Claude Ross; Mrs. D. E. Thomas and daughter Betty; Cpl. Barbara Stephens of the AW AS; Mr. Allan Wood: Lieut.-Col.

Lydia Shaw of the AANS; Mr. and Mrs.

Knox; Mr. and Mrs. J. McCarthy; Mr. and Mrs. Andrew Kelly; Commander and Mrs. Webb; Mr. Graham Mirfield and Mr.

Roy Smith.

N.G. Women's Club, Sydney

TiIHE New Guinea Women’s Club of 1 Sydney held two Christmas parties again this year. The children’s party was held on December 16; and. although so many have returned to the Territory, over 100 children were enter tained.

The adult cocktial party, held on December 21. although considerably smaller than similar war-time functions, was attended by over 80 people. Cock tails and savouries were served from 6.30, and'when (he party broke up sometime after 9 o’clock, guests were voting it one of the most pleasant functions ever held by the Club.

N. Guinea Goldfields Ltd.

annual report of the directors of X New Guinea Goldfields .Ltd. shows that the less for the year ended September 30, 1946, was £7,393, trans ferred to Closed Down Expenses Account.

The total of the latter, which represents the accumulated loss since the Co. was forced out of New Guinea by the Japs early in 1942, is £16,222.

The Co. is now actively preparing to resume operations, in the Wau district of New Guinea, where it has mine pro perties of a book value of £750,000, and other assets, subject to claim for war damage, of £275,000. The Co. has liquid assets, mostly in Australian Government loans, of nearly £lOO,OOO. If it is given reasonable assistance by the Administra tion, it should quickly re-establish itself.

Its issued capital, which was written down by 75 per cent, about ten years ago, is £950,000. The 5 - shares were 3/9 in 1946, but the price has sagged to around 2 6 in recent weeks. The direc tors are now J. Kruttschnitt (chairman), C. W. Alexander, D. P. Mitchell. N. L.

Cowper. E. D. McDermott and Earl Castle Stewart.

Mr. R. V. Cole. Assistant Director of hands and Surveys in Fiji, recently re turned with his family to Suva. "They had been on leave in New Zealand.