The general condition of the 1936/7 replanted areas can be considered as satisfactory, though some replacements have been necessary during the year owing to unfavourable weather conditions. The appearance of the 1930 extension is reported to be better than it has ever been. The tree: though not large, have a healthy ap pearance. The condition of both this, and the mature area, is considered satisfactory for age.
Although the Board appreciates the great importance of proceeding with the rejuvenation of the estate, your directors have decided, in view of the financial position of the company, to postpone the replanting, scheduled for 1939, until the following year when it is hoped conditions of the rubber industry may have improved and permit of this being proceeded with. They intend to confine their attention, in 1939, only to the new planting of 58 acres permitted by the International Rubber Regulation Committee and for which certificates have been received.
Text read from the printed page and cleaned; old type leaves the occasional error.