Nutshell
p. 143 · Read in the full issue
In A Nutshell
Insurance Company Pro
FIT: Southern Pacific Insurance Co.
Ltd., a partly-owned subsidiary of W. R. Carpenter Holdings Ltd., had a net profit of $202,147 for the year ended March 31. The profit was $11,055 higher than in the previous financial year. The dividend has been held at 12i per cent., including a final of 6i per cent.
GINGER EXPORTS: Fiji has been building up a small, but useful, trade in .ginger in recent years. The last
shipment, exported to the United States on July 24, was worth £7,000, and weighed 74 short tons. The previ ous highest shipment was 68 short tons, exported in July, 1962.
LOLORUA’S PROFIT: The profit of $7,342 for Lolorua Rubber Estates Ltd., Port Moresby, for the year to April 30 was the lowest earned by the company for 10 years, and was down 22 per cent, on the 1964-65 profit. There will be a final dividend of 2Jc a share.
Apia Newspaper: Messrs.
Aitken L. Fruean and Rudolf Ott will take over the management in October of the Samoan Printing and Publish ing Co. Ltd., publishers of the Samoa Bulletin, according to a newsletter of Western Samoa’s Public Relations Department. The newsletter said that negotiations for the purchase of the company {PIM, Aug., p. 145) had been completed.