Annual report for year ending June 1863 containing details of rental and general management of the estate. Includes a general report describing the failure of the 1862 harvest and the subsequent loss of rental income, including the complete abandonment of arrears in many cases. Regrets that funds were not sufficient to entice tenants to emigrate as many small and middle farmers were 'compelled to stay half starving on their land, unable to pay rent or crop the ground, or to emigrate to another land, and barely able to support life on the miserable produce of the soil'.

Also discusses the completion of drainage works at Meelaghans, now let to Mr Goodbody of Tullamore, and at Ballyknockan, now let to Mr. Ridgeway. Referring to building works, the main project was the building of the new school house at Geashill. Other new buildings include the Castle offices to replace those previously burnt. Reports on the new forester, Daniel Dewer, who has had success in making the woods and plantations profitable, in particular at Clonad.