As regards the future, 1 do not anticipate any great change in the combined standard production Mgures, but whereas the present accounts cover a period in which the average Felease was less. than 61 per cent. the present release is 65 per cent. and 70 per cent. from January to dune, 1037. The price of rubber during the year under review showed a steady imerease from Std. to Td. per pound, whilst since then the price has risen well over 1d. per pound. This. taken into consideration with the increased quota is very cheering for the results of the current year and as consumption of rubber has been expanding rapidly and. shows likelihood of decreasing, the cid bogey of excess stocks which now only! represent approximately Your and half months supply has, 1 hope, been dispelled for which great thanks should be accorded lo those -who evolved, and have since collaborated the present Control Scheme.
in conclusion, T should like to ex-ress our best thanks to the Agents In Malaya and Java, to the managers of the various properties and their subordinate stalls for the most satisfactory manner in which they have continued to look after the interests the Company.
The Resolutions Tie llewing raolations wee heer, ort and sao lad ye shat dividend of een deta ents E'canming abd scended by Sr.
Text read from the printed page and cleaned; old type leaves the occasional error.