With the lifting of restriction the end of October we shall be able to sell more rubber in the current financial year, which opened with cor estates mainly resting for months during the "wintering" period, In order to ensure the Best possible results this therefore, full economic production was ordered to be undertaken as soon as this brief resting period was completed. That is to say, we are now bringing into tapping all areas having reasonably good bark and yielding sufficient to avoid increasing the cost of tapping. Ca this basis it is proposed to harvest fa crop of 220,000 1b. during 1928/29 St an estimated f.0.b. Singapore cott cents 25,08 per 1b.
We have been receiving regularly' very satisfactory reports regarding the condition and further develop ment of the estates. Our manag. niderstands that in these day ave to exercise the most rig economy, at the same time m taining our estates in the best possible condition and our current Frogramme hae been drawn up on The Resolutions I now, have' pleasure in pry 'That. the' directors' report and working and profit and loss accounts e balance sheet for the year ended
Text read from the printed page and cleaned; old type leaves the occasional error.