The Archive · 1931

COMPANY MEETINGS

Anglo-Dutch Plantations

The annual meeting of the Anglo-Dutch (Java) Plantations, Ltd., was: held on March 18 at 10" Canton. Road, Mr. C.F. Shackleton being in the chair, supported by Sir Elly Kadoorie, Mr. A. W. Burkill, and Mr, R. N, Swann The number of shares represented totalled 129,780.

Chairman said:— your hands for the prescribed The profit for the tot the feo of Guild's 9000, "which merely a credit to the Shangha! company. This, I think, may considered highly satisfactory, conidering the very serious fall in the rage price realized for rubber jand the fact that the profit. was achieved from a somewhat smaller crop, tapping having been suspended during the whole of the month of May. AS you are doubtless Jaware, the majority of British and Dutch estates agreed to this ces: tion of tapping with a view to ducing stocks, which were mounting up to a formidable figure, Ale though this joint stoppage had the defect of Keeping a large quantity of rubber market, the estimated amount being 30,000 tons it was not sufficient to have any last= ing effect on the market, as the general and universal depression of all commodities was much more serious than was anticipated at that "The conversations between the various international ber producers with the. object of tronns of rub he finding a method to restore rubber prices to a profitable basis have #0 far, 7 fear, of met with any great incisure of "success, but with the help of, the loyal ce-operation of staffs, both' European and. native, id) expenditure on the estates has now Been "drastically" Feduced. This heavy pruning down of expenditure cannot, a8 you may probably sur= mise, be permanent, but our agents assure us that no wilt be caused to the properties thereby and the estates are being kept in good order.

The sulphur dusting campaign against leat disease was continued improved trees, which now crowns and leaves, prove that the methods adopted render it unnecessary any longer to become anxious the attacks of oidium.

The interplanted coffee area on Goenoengsari "Estate Suffered rather severely on account of er, but all backward "speci mens were supplied, and the. appearance of the gardens is now generally satisfactory, Green covers were dug in over an area. of 653 cre, and the resultant dation of nitrogen and humus to the sell, was reflected inthe higher Yields, and the more healthy growth of. the rubber trees.

Many improvements were carried out in the factories, and not. only. has the quality of the manufactured rubber been improved, but, economies have also been effected in the cost of manufacture.

On the Tiargei Extension the area [damaged by fire in 1929" was replanted with high improved, and a considerable proportion of the trees is now sufficiently mature to tap, A. few trees were tapped during' the year as an experiment, but on, a¢~ count, of the present low prices, your board have decided to postpone for the "present. ies ae: T pave every hope state will prove w very salise festoty toll etalon faster, who pany, ineludinge agency "feo and The profit of the Shanghai com-;

Text read from the printed page and cleaned; old type leaves the occasional error.

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