Burns Phip (Ss) Co. Has

Another Good Year

IN the year ended January 31 last, Messrs.

Burns Philp (South Seas), Limited, registered in Suva, made a profit of £126,850, compared with £113,138 in the previous year.

With the big balance from last year (£62,000), the company maintains its usual dividend of 10 per cent, and adds another £50,000 (£25,000 last year) to reserves. it is noted that this very healthy section of the great bp empire now uses in its business, apart from £750,000 of subscribed capital, no less than £1,230,547 of reserves and surpluses. Of the total working capital, £392,045 is in real property and shipping, £1,160,628 in merchandise, £573,000 in book debts, and the n, 0 ,!!, .n share, *nd .nwstm.nt, The company has just lost its chairman and old-time director, Sir Henry Milne Scott, by death. The other directors are Messrs. James

Burns, Joseph Mitch-ell and P. T. W. Blac* of the Head Office Board, Messrs. M. H. Kel son and R. C. Kerkham, of the Suva establish ment, and Mr. G. R. Simpson. !i Mr. Stanley P. Baird, of Bison, South Dakota, arrived in American Samoa recently with his wife and two small children, to assume duties as assistant to Attorney-General Peter Coleman in the Legal Affairs Department. Hospital Surgeon Dr Janis Pone, with wife Talentina and son, left for the US after complet ing four years duty in American Samoa. Mr. George Peterson, En tomologist for the Government, re signed after less than one year’s stay and also returned to the US.