BSI Plantation Co. Shows Profit

Solomon Islands Rubber Plan

TATIONS LTD., a Brisbane-owned, 40-year-old company which produces copra on Ysabel, in the Solomons, and which was out of production during the war years, made a net profit of £1,609 last year (July 31). It thus was able to wipe out an accumulated loss of £1.534 in its trading account, and go forward with a credit balance of £75. Indications are that, under the guaranteed price, it will continue to make profits for two or three years. It has an issued capital of £77,000; and there are accumulated arrears of some £1,400 on its £17,000 of preference shares. It balances its accounts by show ing “War Damage” at £3.795 —but notes that no war damage now is payable in respect of the Solomons.