Ai^fiiL I, imf.] tHfii TKOPXCAL AC^MiCUtf Um3T. 



675^ 



dividend of 5 per cent, has already been paid, and 

 a further dividend of I7i percent has been declared 

 or '22^ per cent in all, leaving a balance of K4,811 

 to be' carried forward, which will provide for the 

 cost of a new Excelsior roller and meet the cost 

 of improving the water-supply. The estimates for 

 1887 provide for an outturn of 2,100 maunds at an 

 outlav of 1174,000. The balance in the hands of the 

 Managing Agents on the 31st December was R69,990, 

 and bankers have been since appointed to the Company. 

 The garden extends to 410 acres and the block stands 

 at Rl,8o,01o. The report is in the highest degree 

 eatisfactory, and Messrs. Schoene Kilburu i!c Co. are to 

 be congratulated on these good results. The dividend 

 last year was 20 per cent. 



The report of the Managing Agents of the King 

 Tong Tea Company for the season of 1886 shows that 

 the estimated outturn of 1,200 maunds was exceeded 

 by 127 maunds, but unfortunately the iiverage price 

 realised was only As. 9-914 per lb against As. 13-2 for 

 the season of 1885. The revenue accounts shows re- 

 ceipts of E65,137 and expenditure of E.G3,003, leaving 

 a pioiit of Rl,17-1, which is reduced in the Profit and 

 Loss account to R9o4, which will be carried forward. 

 The dividend last season was 7 per cent. The esti- 

 mates for the current season provide for an outturn 

 of 1,200 maunds at a local expenditure of R37,00O, 

 which includes the upkeep of the 75 acres put out in 1884. 

 The report of the Managing Agents of the 

 SingbuUi and Murmah Tea Company shows that 

 the outturn was 2,364 maunds against an esti- 

 mate of 2,050 maunds, and 696 mauuds in excess of 

 the season of 1885. The quantity of the tea was, 

 however, much below the average, selling at As. 9-6'65 

 against As. 13-9'95 in 1885. The revenue account 

 shows receipts of Rl,13,932 and expenditure of 

 R91,256, leaving a profit on the .season's operations 

 of K22,676, and adding the balance from 1885 and 

 some unclaimed dividends, the amount at credit of 

 Profit and Loss is R23,420. An ad interim dividend 

 of 5 per cent has already been declared, and it is 

 now proposed to pay a final dividend of 2 per 

 cent, making 7 per cent for the season, to transfer 

 R2,000 to Reserve Fund and to carry the bal- 

 ance forward. The dividend last year was 9 per 

 cent. The estimate for 1887 has been kept down 

 to an outturn of 2,000 maunds, with a view to 

 better quality, at an estimated local expenditure 

 of R65,765. The area of the gardens is now 711 acres. 

 The report of the Directors of the Holta Tea 

 Company shows that 121 000 lb. of tea were made 

 against an estimate of 125,000 lb. A severe hail- 

 storm on the 28th May destroyed not less than 

 30,000 lb. of tea, or the results would have been 

 very different. The average price of tea has, 

 however, been barely maintained ; but, estimating the 

 unsold portion of teas retained for retail trade, the 

 average will he not less than As. 11-lJ ptr lb. The 

 local retail trade has continued to make steady pro- 

 gress, and is receiving the closest attention. The 

 revenue account shows receipts of RS5,2 17 and expend- 

 iture R6ei,3S3, resulting in a profit on the .season of 

 R16,835, and adding the balance brought forward from 

 1886 the amount at credit of Profit and Los.s is Rl7,514. 

 A dividend of 5 per cent is proposed, carrying forward 

 K14. The heavy pruning necessitated by the liail- 

 Itorm will not permit of a higher estimated crop than 

 20,000 lb. for 1887 at a local expenditure of K17,000. 

 Tbs dividend last year was 11 per cent. 



The report of the Managing Agents of the Spriugside 

 Tea Compuny shows that the outturn was 855^ m;iunds 

 against 800| maunds in 1885 and 780^ mauuds 

 in 1884. The average price realised was As. 10-8 per 

 lb. against As. 13-8 in 1885, and As. 11-10 in 1884. 

 The revenue during the past year was 1115,634, and 

 the expenditure K35,U91, leaving a profit on the sea- 

 son's operations ot R9,643, and adding Rl,442 

 brought forward from 1885, the amount at credit 

 of Profit and Loss is Kll,0&o. An ad-interim divid- 

 end of 3 per cent, has already been paid, and a 

 fu'-ther dividend of 3 per cent is now rccom- 

 in.uded, carrying forward Kl,005 to tin's year's 

 accounts. Arrangements have beeu mado to lease 

 49 acres of tea jdjoiuiMg tlie Coaipapy'b garisub. 



The estimates for the current year provide for an 

 outturn of 1.000 mauuds at aa expenditure of 

 R41,987, showing at an average ot 10 annas per lb. 

 a profit of £3,013. The area of the Company's gardens 

 is 3585 acres. 



The report of the Managing xigents of the Sin- 

 ged Tea Company shows that the outturn was 

 226,330 lb., agdust 202,970 lb. last season. The 

 tea sold in Calcutta averaged. As. 881 per lb. 

 and that in London As. 8'60 per lb. Last year 

 the average was As. ll'Ol. Tne gross receipts 

 were Rl,24,073 and the expenditure Rl,02,970, 

 leaving a profit ui R21,123, whicti is increased in the 

 Profit and Loss account to K26,379, or equivalent to 

 4 per cent, on the capital. The dividend for 1885 was 

 5i per cent. The estimates for the current season are 

 for 2,900 to 2,950 mauuds of ten-anna tea. 



The report of the Managing Agents of the Teeo- 

 darrea Company shows that the outturn was 74,756 lb, 

 against 60,522 lb. in 1885. The tea sold in Calcutta 

 realised an average of As. 7^ per ib. »..d that in London 

 As 81. The average last year was As. 9j. The gross 

 receipts were R35,4:i4 and the expenditure R32,960, 

 leaving a profit of R2,4S4, and adding the balance from 

 1885, the amount of Profit and Loss is R3,022 or a 

 little over 2 per cent. The dividend last year was 3 

 per cent. The estimates for 1887 are for an outturn 

 of 1,000 maunds. 



The report of the Directors of the Central 

 Cachar Tea Company shows an outturn of 395,813 

 lb., which sold at As. 8-2 J per ib. against 296,562 1b. 

 in 1885, which however sold at As. 10-4 per lb. Tl.e 

 revenue n-ccount shows receipts of R2,03,(85 expendi- 

 ture of Ri,69,U85, leaving a profit on the working of 

 R34,7U0, and adding the balance from 18^5, the amount 

 at credit ot profit and Loss is R34,989. Au ad interim 

 dividend of 3 per cent has beeu declared, and it i-j 

 proposed to cairy forward the bianee of R4,989. The 

 estimates for the current year provide for an outturn 

 of 432,000 lb. at an expenditure of Rl,70,000. The esti> 

 mates for the past season were for 400,000 lb. tea at 

 an expenditure of Rl,55,000. Last year the dividend 

 was 5 per cent. 



The report of the Directors of the Phoenix tea 

 Compary shows that the outturn was 327,513 lb 

 against an estimate of 309,600 lb. and an outturn in 

 1885 of 279,670 lb. — being in fact the largest crop on 

 record. The average price realised was As, 7-4 per lb. 

 against As. 10-7 iu 1885. Tne revenue account show.s 

 receipts of K 1,5 1,362 and an expenditure including 

 depreciation on machinery of Rl, 40,824, leaving a 

 profit on the season of R10,538, and adding the bal- 

 ance brought forward from 1885, the amount at credit 

 of Profit and Lo^<s is R24,708, which would admit of 

 a dividend of 4J per cent but the report is silent on 

 this point. The sea.sou's profit, it will be observed, 

 is barely 2 per cent. The estimates for 1887 provide 

 for an outturn of 330,400 lb. at a total cost of 

 Rl,3o,700, or As. 6-7 per lb., so that, unless prices 

 improve, the outlook i.s not very encouraging. This 

 garden has paid no dividend now for tww years. 



Colonial Fbuit. — At the meeting of the Royal 

 Colonial Institute on February 8tii, Mr. D. Morris, 

 Assistant Director, Royal Gardens, Kew, read a 

 paper on the fruit trade of this country, pointing out 

 that the home country imports fruit from foreign 

 countries to the extent of more than £75oOO,000, 

 much of which might as well be obtained from 

 colonial sources, ]Mr. Morris theu gave details at 

 great length as to the present state of the fruit 

 industry in tlie various British colonies. By means 

 of special cool chambers for the storage of fruit 011 

 board ship the prospects of the trade iu fresh tropical 

 and subtropical fruits would bo greatly improved, — 

 Gardeners^ Chronicle. 



A Good A\^HiTii;wASH. — Gardeners more than most 

 men, except builders, use whitewash— iu i)its, green- 

 houses, bothies, and the various structures tound iu 

 gardens, both private and market. A\"e give a recipe 

 for whitewash, extracted from the pages of our con- 

 temporary, the Irish Farm, ForCi,t and Gardens, vi 

 Jsuuszy l^iV'Gdt \»\l a. jpuibel oi ixiMf ^■*ve»i 



