The annual general meeting of the Bingei Dari Rubber Estates was beld on Monday at the offices of the company, 4 Yuenmingynen Rosd. Mr. G. H. Potts (chairman) presided, supported by Messrs, Hugo Reiss, and V, Meyer (directors), and Mr. A. 8. Wilson, (Legal Advisor). The attendance re~ presented 4,400 shares, The Chairman, in proposing the adoption of the scoounts ssid: The report and accounts have been in your bands for some days, and, with your Feodiogs and take them as read. There permission, I will follow the usual pro-
is very little to say in reference to the accounts, I am sure you will agree with me that the development account for 15 months is consider The principal itema which make up thie tote! are Eradicatiog of Lallang cbunkolliog and close weeding for 15 months, abt. $13,000. Roads and drains $1000. Saperintendence and V/s $7500. Transport $800. General Estate charges $2500. Reoraiting $700. Manuring $800. y|Norecries, Salama $1200. #2200. agents $1600. According to Articles of Association, the directors are entitled to Tle, 2000. per year. Asyou will have noted, the shares deposited as security against the loans were valaed at a little less than the actual amount owing. This, yeo will no cause for worry, 18 we ident money in cash for all expenditure for several years, As to the property itself, I am pleased to be able to give you such " favourable report. The Siogei Dari Proper ie la perfect order, and the reports which we receive fom Mr, McCollooh and from quite satisfactory. got 500 Ibe. of dry robber and the total expenses for that month, inclodiog tapping and manofactaring of rabber, were $1184. This expense was very nearly covered by the sale of the rabber which was produced by the tapping of about 110th only of the treen we have on the estate, The growth of the trees on the From a telegram wwe received a few days ago, we were informed that 6,800 trees were ready for tapping on the Ist of thie month. Mr. McCalloch has informed us lately that he is of the opinion that the estimate of 6000 Ibe. of rubber will be considerably exceeded and that he expects in March to get " prodaotion of 1000 Ibs, of diy rabber. As for the other part of the Company's property, the Selame Estate—this gave os a great deal of trouble to begin with. The land tendered by the vendor was not as entis-factory as we bad reason to expect, bat
Text read from the printed page and cleaned; old type leaves the occasional error.