Improved conditions In the Sent-wang rubber estates were reported Jat the fourteenth annual general meeting of the firm, the Senawang Rubber Estates Ca, (1921), Ltd, held fin the offices of Messrs. J. A. Wattle Ca, Lid, secretaries and general managers, $3 Canton Road, at 1145 on Friday. bir. A. J. Weicn, (chairman), was supported by Messrs. 1M. Kadoorie, L. E, Canning, (direc-\tors) and C. F. Shackleton, (secre-Shares represented totalled 375,000.
Before proceeding with the formal business of the meeting, the chairman expressed the deep regret of the board at the loss through the death Jot Mr. A. K. Craddock who had been director of the firm since October 1910. Dealing with the business of the concern, he said:
"The working, for the year, resulted profit of Tis, 691840 us compared with a loss last year of Tls. 17,078.19, [This improvement is entirely" attributable to the fact that our product realized one penny per pound more than it did in the previous, year, ithe output on the other hand' was 174,100 ths. smaller.
Finaneiaily the Company is now in la very satisfactory position, the Liquid Assets on January 31, 1994, exceeding the Cash Liabilities by Tls. 67,625.
You will notice a note on the fualance sheet to the effect that dividends on the Preference Shares for the past three years amounting fo Tis, 12,219.48 have not been pald.
is the intention of your board to. distribute these arrears as soon as we hear that sufficient profit has accrued enable us to do 80.
As regards planting matters there iwas no change in the planted area during the year, but 163 acres of the younger gardens were brought into tapping for the frst time.
Bracken and other rough growths Jare kept in hand but it will be some lime yet before they can be definitely Jeradicated. Neither pests nor disease: gave any trouble during the year, a few cases of Mouldy Rot occurred [but quickly responded to treatment.
Roads and drains were given the necessary upkeep and are now in
Text read from the printed page and cleaned; old type leaves the occasional error.