With Loengoer Redjo division in full bearing the power available in the Djarangan factory has become Inadequate y careful consideration and consultation witt experts, your board has sanctioned the building of a dam across the river that runs through the property and the installation of an electrics! generating plant that is estimated to develop 200 H.P, ated cost of this scheme' which will be spread over the next two years, and the power will be used for running the factory on irjarangzan estate and for gener heat for the drying houses there.
Djarangan, im common with mort other estates in both Java and the F. M. S., is beginning to suffer from shortage of frs wood, which shott-age is becoming more and 13)re foute each year andthe prevent scheme will) do away. with any} necessity for firewood except for snicking purposes, "The estimated saving on crude oil for the motors and wood for the drying houses ix Ghilders 15,300 per annum and in addition to this the erection of complete small factory on Loengoer Redja division will be avoided as. there will be ample power available Djarangan factory to work any additional machines that it may necessary to instal to cope with the increased crop. Furthermore, the building "of several miles fof, metalled rond to a factory) jon Loengoer Redjo to admit)
the transport of the crude) Gil, firewood and rubber cases. will be' unnecessary. There "are" also many minor economies that well found possible in practice. Tak all these facts into. consideration your diveetors feel that the scheme they tive sanctioned will prove th most economical in the long ran.
The Year's Profit Turning now to the accounts you will see from the working accounts the two Dutch companies that tae profit for the year" amounted to Guilders 2,059,407.65, to which Limburg contributed Guilders 1.198,- 5 and Djarangan Guilder: This profit is equal to t three and a half times that} earned for 1924 and is all the more fsfactory when one considers that} was made on an average selling price of only 2/34 per Ib.
Thave heard some comments xbout! the value of 2/8 per Ib. placed upon the stock of rubber that was unsold at the end of the year, but the re sen for using this figure was that, the stock had realized this sum or! more by the time that the accounts were made up.
the profit and loss accounts; you will see that the sum of Guilders 244,674.50 had to be set aside for taxes, and Guilders 54,074.
were reserved for the amortization of leaseholds. The profits transferred, in one Way or another, to the Shanghai company total Guilders 1,710,071.65, or roughly 83 per cent. of the gross profits.
Text read from the printed page and cleaned; old type leaves the occasional error.