Economic Outloo [?]
p. 156 · Read in the full issue
'C'EBRUARY, on Australian Stock changes, was subdued for the part, with generally lower turnovers, “ordinaries index’’ of 304.61 on Feb 3 26 was much the same as a month Federal Ministers in early February conferences with representatives of dustry and commerce, from \ emerged the main impression that progress of the nation’s economy wa sufficiently energetic. Some recovery place in 1962, but business leaders \ the Government to take more poi action to accelerate expansion and the economy this year.
Prime Minister Menzies during month announced that Dr. James Ve: head of CSR Company, will be chai: of the proposed Economic Enquiry, that the terms of reference have broadened in scope (see “PIM” 1962, p. 166). Other members Professor Sir John Crawford (direct< the Research School of Pacific Stv ANU, and a former head of the Comi wealth Department of Trade), Prof P. H. Karmel (Adelaide economist), D. G. Molesworth (chairman of I Walker Ltd., which has been assoc, with virtually every Australian prii product and export), and Mr. K. : (chief of the large Melbourne retail ganisation, Myer Emporium Ltd.).
Sydney Sales Prices
Jan. 24, Feb.
Ball Plantations . . 4/3 4/2 Burns Phllp ... 79/- 75/6 Burns Phllp (SS) . 50/3 48/6 Cholseul Plntn. . . 188/- 185/-
C.S.R. Co
57/- 58/3 Ditto Con. 10/- . . 41/6 42/6 Dylup Plantations . 5/8 5/8 Fiji Industries . . . 11/- 10/- Hackshall’s ... 16/1 16/6 Kauri Timber . . . 4/9 4/- Kerema Rubber . , 5/- 4/9 Koitakl Rubber . . 12/4 11/9 Lolorua Rubber . . 8/3 7/1] Makurapau Plntn. . 2/3 2/4 Maribol Rubber . . 6/3 6/- Pacific Is. Timbers . 2/8 4/- Palgrave 2/1 2/8 Plantation Holdings . 2/6 2/3 Queensland Insurance 122/6 98/- Rubberlands ... 4/6 4/6 Sandy Creek ... 5d 5 1 Sangara 7d 6c Sogeri Rubber . . . 7/- 6/1C Sthn. Pac. Insurance 28/- 30/10 Steamships Trading . 11/11 10/9 W. R. Carpenter . . 27/9 26/9 Ditto New 27/5 26/2 Watkins Consolidated 3/- 2/6
Oil And Mining Shares
Dec. 4, Jan. 24, Feb< 1958 1963 19<
Fiji
Emperor . . b9/b7/6 b'( Loloma . . b30/b52/bt
Papua-New Guinea, Etc.
Bulolo G.D. b32/b68/s74/v N.G.G. Ltd. b2/3 bl/HVa bl/9G Oil Search . b9/9 b2/6 S2/21 Ent. of N.G. slid b5d b4d Pac. I. Mines — bl/4 Sl/11 Ditto Options . — b6d b7Vi Papuan Apln. b4/6 b8/3 b6/6 Placer Dev. b91/b244/b245 Timor Oil . n.q. bl/5 bl/5