Turning now to estate matters, the B00" acres of new land estate were surveyed by ment during the latter of the year but the map de-the boundaries and exact ucreaye has not yet been received. Labour on both properties was sutlicient for all requirements and the health of the forces was good.
The growth and health of the That a dividend at the rate of rces on Chengai is reported to be six per cent. on the paid-up en pital excellent, bark excision is carefully of the company be, and is hereby, controlled and the reserves of bark declared for the year ended Decem-are ample for future requirements. ber 31, 1928, payable on April 5, Aw regards Goodheart estate the rs on the register At that date: and that the balance) ¢/°" oF wen /6 on the small side Freee ae hi ame ceuune ce PAY- plied to the government for the TOOTS IT he cara ford to the rune of an additional 100 acres of
Tobit ind seconded by—Vropused by Mr.
Afr, G, Hi, Ho land adjoining: the nort Lewetern boundary of the estate, This That Mr. A. K, Cenddock be, and Pcs, by the District leer in December last. but we have not yet heard District ix hereby, re-elected a director of —Proposed by Mr. I. and seconded by whether our application has bee granted or not, though we have a reasonable hope that it will be, That Messrs. Mortimer Reid Stee tw, and are hereby, re-elected auditors to the company for the our rent financial tion of Tis, 150:—Proposed by Mr. and seconded by Mr.
AL the commencement of the year only 216 acres were in tapping on this estate and driving February March the whole producing a wax rested during wintering, after were added of output had already been made known and its effect on the market had already begun but, during the first three months of 1928, we were getting fairly yood prices for our first grade rubber, the highest price realized being 691 per cents per Ib. From then onward, the decline was. cents was registered for the same grade while inferior sorts which at the beginning of the year realized as much as 632 cents commanded no more than 20 cents resulting of S7.3Y cents nett, oF 102d, whole quantity sold." This included 24 tons shipped during ember and December under contracts at 31 cents FLO four the ear rent These resolutions were curried un-ulmously and the meeting terminal mature area was under the knife.
Here again the standard of tapping:
ood and the reserves of back ample
Text read from the printed page and cleaned; old type leaves the occasional error.