Capital expenditure during the current year is estimated to be St. $11,035 of which $7,000 will be spent on the replanting of a further forty acres of old rubber and $3,180 on new buildings, Turning now to estate matters the total area of the estate shows an increase of 9 acres, of which 6% acres area planted with rubber. The explanation of this increase is that there is an old trace for a government road running through the estate which covers this area and has hit-horta been excluded from our statement of areas but, as there is no intention of making this road at present, if ever, the government has granted us a temporary licence to occupy and make use of it Fifty-seven acres were replanted during the year with specially selected material and the young plants-are reported to be making excellent progress, It is proposed to replant a fulther forty acres during 1938, The average acreage in tapping during the year was 1,029 acres as compared with 857 acres last year The rate of yield per acre being 410 lb. as against 384 lb. The standard of tapping is reported to be satisfactory and the consumption of bark normal,
Text read from the printed page and cleaned; old type leaves the occasional error.