The hull below the waterline is cleaner that it has been since the ship began to take shape on the stocks at Clydebank. For the first time all the accumulation of preservative paint which was applied to the ship on tha building berth has been removed and surface friction should thus be reduced. It is possible, therefore, that her speed will he appreciably higher.
Further, her engineers believe that the propelling machinery is at its very best and capable of' bettering past performances, $35,771.72 in 1937. This added expenditure includes $2,501.96 for replanting end the balance is accounttd for by the larger output of rubber. Our investments are the same as last year and call for no particular comment, The estate continues to be managed by our agents, Messrs. Sime Darby & Ca., Ltd, Malacca, to whom our thanks are due for the efficient manner in which they have looked after our interests, There being no questions, the following resolutions were passed.—
Text read from the printed page and cleaned; old type leaves the occasional error.