do not think there is very ouch of interest that I can tell you about out rubber estates, but everything is going on well' and our visiting agent's reports are highly satisfactory. The estimated production for the year 960,000 Ib., a8 against 975,000 Ib. Jast year." Our manager intends to start tapping some of our young rubber of Pelawi I, but the: Field from this division "of the estate for this year will not be of much importance, probably about 25,000 Ib., which is included in the above' mentioned estimate.
I do not think there is any necessity for anxiety about, over-tapping as we have gone into this question carefully with our. manager, and our visiting agent has done the game. Bark renewal is oxeallent and it is considered that thoro-is ample reserve. We Good progress was made: {t= are proceeding with the planting} wards improving the Anglo-Dutch Lip of 1,000 acres aa mentioned to properties during the past year, you last year, and 245 acres will Mimosa Giganticas, which is both be-planted up during the current soil improver and Tailang killer year. The land has been carefully lise been sown down in} lange selected and the latest methods of planting will be employed 80 that quantities and the esiado is loubtodly benefiting therefrom. this extension should form a very Like most of the older' estates, valuable reserve for the future. fork excision in the caxlior yours That is all I have to say, but if any one has any questions, T will had been too rapid, but a con be glad to answer them to the best servative rotational tapping of my ability. gystam was put, into operation im Auuumn of 1028; excessive There being none, the following Dark consumption was guarded. resolutions were unamiously pass-against and the position now safe for all time. These methods hit our crop returns for awhile presented, be passed—proposed Mie RS Fe diebain, conded by That th fo port and " accounts as very severely, but output is creep ing up again now and next year Mr. John Prentice. wwe shall be able to harvest all the That the appointment of Mr.
Fubber we may be asked to pro C. Triggs as a director of the duce. Costs, naturally rose with Bre Wo Po a the smaller crop and stood at My, Ellis Hayiza en edh seconded by Sut tue higher market price oh: weneo per Th, dearer than in 102%, at the appointment of Mr. tained will effect tern, R. 8. F. MePain as a director of the company ho sonfrmed—pro: ive rotational tapping have ap-'The cultivation and consorvar posed by Ellis "Flayim, socbieded parently made a great difference by Mr. G. Fitzgerald. n the betterment of the property, That Messrs. Lowe, Bingham jing in September, 1923, Matthews -bo re-elected auditors our "visiting agent says" inter for the evening yenr—pronosed by] appearance cupay. seconded by Mr. positively astounding owing to" the milder tapping system. New foliage is abundant and of a deep
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