With regard to Capital Expenditure, the following amounts were spent during the year: reconstruction of, und additions to the factory PL2,203 98, equal 10 $5,794.95; Buildings, " Plant and Machinery" F.356—equal_ to $807.80; Light Railway "(not com~ ploted) 13,800.00 equal to $9,510.50.
As I informed you last year, transportation to and from our Tamaram Division thas been frequently inter~ rupted by floods, and it was decided to build a light railway for the pur pose of facilitating transportation from that Division, This railway is expected to be completed during the present financial year, and besides improving communications will decrease the cost of transportation.
Text read from the printed page and cleaned; old type leaves the occasional error.