Economic Oatl[?]

IN a month that has seen some ing results from public cor notably Latec Investments Ltc million loss and L. J. Hooke: setback of over £650,000 —and turn in profits for a number c it was not altogether surpris Sydney Stock Exchange ir “ordinaries” was at a low ebt in late September, 285.40 (compi just over 299 a year ago).

The change-over in Dutch Ne that has brought Indonesia Papua-New Guinea’s doorstep ha effect on Islands companies shs —practically all P-NG planting and trading firms (including th leaders, BP and W. R. Carpenl below their usual quotations.

Nothing emerged from th Minister’s conference in London d second week of September to sug Britain will alter her intention tc Common Market, without regard tralasia’s interests and objects appears now that no concern aboi ing what Commonwealth countr: regard as adequate safeguards trade will, in the final analysis, Macmillan Government. Com: see the position of Australia becoming vastly more isolated, the same time they are being come to terms with their own grouping—the areas of Asia an Pacific Islands.

Sydney Sales Price!

Aug. 20 !

Ball Plantations . . 3/11 Burns Philp . . . . 99/6 Burns Philp fSS) . 49/- Cholseul Plntn. . . 207/6

C.S.R. Co

49/3 Ditto Rights . . . — Dylup Plantations . 5/11 Fiji Industries . . . 13/9 Hackshall’s . . . . 17/- Kauri Timber . . . 8/8 Kerema Rubber . . 6/3 Koitakl Rubber . . 13/3 Lolorua Rubber . . 8/6 Makurapau Plntn. . 2/6 Mariboi Rubber . , 6/- Norfolk Is. Whaling , 1/2 Pacific Is. Timbers . 3/3 Palgrave 2/10 Plantation Holdings . 2/6 Queensland Insurance 140/- Rubberlands ... 4/6 Sandy Creek ... 1/8 Sangara 1/11 Sogeri Rubber . . . 7/- Sthn. Pac. Insurance 25/- Steamships Trading 12/11 W. R. Carpenter Hold 34/- Watkins Consolidated 4/3

Oil And Mining Sharf

Dec. 4, ’58 Aug. 20, ’62S

Fiji

Emperor . . b9/b6/9 Loloma . . b30/s51/-

Papua-New Guinea, Eh

Bulolo G.D. b32/b50/- N.G.G. Ltd. b2/3 bl/9 Oil Search . b9/9 h2/6Vz Ent. of N.G. slid b3d.

Pac. I. Mines — bl/10 Papuan Apin. b4/6 b3/8 Placer Dev. b91/bl90/- Timor Oil . n.q. bl/4