Turning now {0 planting matters, 'A further 37" geres were. replanted with germinated seed and will Dudgrafted in the fold next year. The 300 acres replanted during 1036, 1937 and 1988 are reported to be making excellent progress. This, as I told you last year, is attributable to the rear care that was exercised at the time of planting and to the generous spplicaion of fevtilace at that time he 09 aereg replanted In 1030" wu te" lappable next October.
further aren of 40 acres will be cloured and replanted "during. 1041 snd similar methods wilt Ye employed roqards planting ana friliain, this forms art of 3 deiite. pro: gramme for the gradual replacement othe tublverueeay which ave slow ly, cooming unremunerative units 'The standard of tapping has been maintained at its usual high standard td' the yield per aere pee annum for the 1205 eres that were tipping during the year seas 89" Ibe Pho supply of Isuour was plentiful tuourthout the year and the rate. swages averaged 438° cents per" day eraguinat 38 cents per day'
"The general health of the Ibour force' wan excellent Weeding of the mature area. cost 8 couls per sere per month this year compared with cents ist Year trid of the immature are S134" per Sere per month this. Year us eom= pared with $LO0 tat year, "Me {hole Estate isin excellent condition regards upkeep, the Inevessed. est Bosna due entirely "to."the shes Sages that hod to be pal.
'Apart from the tual small amount of Moot disease neither "pests nor Aiseaser gave my trouble, "The machinery. wns overhauled equine ilervals "and ave. ati Felony service Hiroughout the year 'Al! budings were' kept tu ser the nea fate, onelsion, Gentlemen, 1 wou tke tp express on very best thanks tothe maneyer, Airs Sparke, and to hie sibordinate™ sai, "and"
Several factors have contributed towards this satisfactory. result, Firstly, the output of rubber was 101,500 1b. greater that it. was lost ear, the average not price realized for our predict was 201 pence per Pound higher, and furthermore the txponditure on Revenue Account wae "IT of a penny per pound less, and matly, but. nos least important, the average rate of exchange ruling for the year under review: was 19% compared with 26; last year.
Referring now "to. the. Balance sheet, the Expenditure of "Capital Accotinttolalted Eh s20%40.21, which Ch.$43331.07. were spent the clearing and planting up of 81% tores of the old 'Coconut area; 'Eh: $85,070.10 on the purchase of a new Sheeting "Battery, 6. Aluminium Congulating Tanks anda new dynamo; and Ch$10433.44 on a New Factory. and Smoke' House and two Coolie Lines, Finrtlally, the company is steadily felting into a more siistactory post. tion "since, it you past the. reeommendations now made by your Direc-{ors i wi start the: now financial Year with a Surplus of Liquid Assets over "Cash Liobilities "of Chinese $223519 In spite of the heavy ox penditure "on Capliat "Account. this "Turning now to planting matters, the remaining' 51% acres of the old coconut area Were cleared and planted with rubber "during the ancial year and the Young plants are re-Dorted to be making excellent pro-tres The whole of the planted area now in a fine state of upkeep, the majority of the area being under. a leguminous cover crop except for the "riverside folds where. flooding makes it Impossible {0 grow cover, Consequently these few folds are kept lean weeded, The Estate has been granted a provisional Standard Production As: fessment for 1081 of $85,100 Th, which is equivalent. to 40). ib. pet acre, whereas the aren in tapping: during the year under review yielded at the rate'of S15 Ib, per acre, the Assess= ment is therefore below the produeing enpacity of the Estate.
'The supply of Labour was sume ent for alt requirements at all Limes and Tom lad to say that the health of the "Coolies continued to show Steady. improvement. The average fate of wages. was' increased from 4034 ents per day to 4554 cents Neither pests nor diseases gave any
cases as were met with were prompt-trouble during the year and Such fw death with, me
Text read from the printed page and cleaned; old type leaves the occasional error.