The proceeds from the sale of Sungei: Duri have been earmarked and Will be utilised for the planting up' of 800 acres, 300 now and 200 a little lat? on, and it is estimated that' $100,000 will' Be sufficient. to Bring this aren into tapping. The sil of Selama is unequalled and your directors feel that, with having jhe future gi! your. plantings 1¢y 089 management, we may-be acres.
"As regards forward sales entered into by the company, you have already been acquainted of the! position by circular, but 1 would briefly state that, out of a total of 256,332 Ib., which is our quota lowed to be' exported by the restricted scheme, 116480 Ib. have] Deen sold forward at an average price of 76.35. cts., thus leaving 139,852 Ib. to be sold at current market rates. On August 1, 1925, there come into force a new robber restriction enactment providing for iaaximum standard production 500 Ib, per acre instead of 400 Ib., fand as a90n as we know what the Ferease will be for this estaic we shall notify you by circular.
may interest you to know that last "year's crop from Selama Estate, amounting to 155,680 Ib. was actually obtained from average of 201 acres out of a planted area of 920 acres, and from fan average of 17,890 trees out of total of 41,975, and that the yield per acre averaged 741 Ib, 0 that the increased quota allowed te be exported can easily be obain-
Text read from the printed page and cleaned; old type leaves the occasional error.