SHAREMARKET INDICES

Wanganui Chronicle, 15 December 1949, Page 10

SHAREMARKET INDICES

met since the early days of guerilla war in 1945. TRADE UNIONS Trade unions in Indonesia play no significant role on the contemporary political scene, except as “fronts” for left-wing groups. They claim 300,000 membership, but Indonesian government circles assert that the unions produce no evidence to support their claim. The Indonesian trade union congress met recently in Jogjakarta for the first time since the abortive Communist revolt at Madiun in 1948. Though the congress issued a. statement disassociating itself from all political parties, it passed a resolution expressing sympathy with “persecuted Australian unionists” presumably communists and agreed to send representatives to the Communist-con-trolled World Federation of Trade Unions Congress, meeting in Peking this month. From the conflicting and vested interests. the tangle of old family feuds, religious fanaticism and economic disorder caused by Japanese occupation and guerilla war is emerging a new nation with, to quote President Sukarno: “so much to contribute’ to the welfare of South East Asia and human understanding.

New York. —Dow Jones (1926 equals 100': Shares Rails. Indus. sold. Sept. 30 47.87 172.51 1,000.000 October 31 47.86 189.54 1.140,000 Nov. 30 48.11 191.55 1,320,000 Dec. 6 50.71 194.64 1,430.000 Dec. 7 50.S8 194.21 1.630,000 Dee. 8 50.57 194.45 1.720.000 Dec. 9 50.27 194.35 1.500,000 Dec. 10 50.15 194.68 660,000 Dec. 11 50.69 196.17 1.780,000 London.—Financial Times: Indus, ord. (1935 equals 100). Govt, and gold (1926 equals 100) Indus, ord. Govt. Gold Sept. 30 105.1 103.35 136.30 October 31 101.1 103.35 136.36 Nov. 30 103.5 107.01 134.31 Dec. 6 104.0 106.81 133.60 Dec. 7 103.9 106.27 132.58 Dec. 8 103.9 105.88 132.55 Dec. 9 104.0 106.08 132.34 Dec. 11 t 104.4 105.98 132.25