and Magazine of the Ceylon Agricultural Society, 



91 



China liavo (owing to the high price of com- 

 mon tea) considerably increased their seudings, 

 there seems no reason to anticipate an excess 

 of supply over demand in the near future. 



The great and over-shadowing feature of the 

 year, however, has been the well-sustained 

 demand from foreign countries, which has been 

 greatly aided by the propaganda of the Indian 

 Tea Cess Committee, especially in Germany 

 and Central Europe. Experience of eighteen 

 months' work has been so satisfactory that it is 

 now the intention of the London Tea Associa- 

 tion to contribute more liberally to the work of 

 the recently appointed Commissioner for 

 Europe. If this campaign proves as successful 

 as gives promise, results may have a very im- 

 portant bearing on the future of the tea indus. 

 try in the not improbable event of over- 

 production again menacing the position of th e 

 planting community. 



There have been additions to issued capital 

 during the past year, which we may summarise 

 as follows : — 



Assam Company 

 Assam Dooars 

 Borjan 



Consol. Estates, Central Tea, Ceylon Land 

 and Produce, and Ouvah Coffee Com- 

 panies 



East lnd. Tea and Produce 

 Hope Taa Company 

 Kilcott Company 



£ 

 13, 00 

 3'i,' t)0 

 14,000 



? 0,000 

 12.i,000 



iea,' oo 



15,00) 



£390,000 



while the Jorehaut and Majuli Companies have 

 split their £20 and £10 shares respectively into 

 £1 shares. 



The volume of dealings in the shares of 

 tea companies has been, to an even greater 

 extent than in 1906, considerable. Tho greatest 

 activity was displayed (1) in January to March, 

 (2) about the end of June, and (3) during 

 October, considerable slackness characterising 

 the intervening periods. This latter feature, 

 however, was more the result of the depressed 

 state of the mining, and investment markets 

 generally than of any weakness in the tea position. 



The general outlook both for tea and for 

 shares seems favourable, but probability seems 

 to point to a reversal before long of the 

 respective positions of the cheaper teas and 

 the shares of companies producing them on 

 the one hand, and of the finer kinds and the 

 shares of companies producing them on the 

 other. The former would appear at present 

 to be over-valued and the latter under-valued, 

 and those who are contemplating investment 

 would do well to give duo weight to this fact. 



We append our usual abstract showing the 

 range of values during the year 'for 1 che leading 

 shares: — 



INDIAN SHAllSI?.. ' 



190?. ' & ^ii^'W 





Jan 



Bot 



Top. 



Bee. Rise. Fall 1 



Amalgamated Ord. 



3 



2i 



34 



21 



- 





Amalgamated Prof. .. 



n 



n 



8 6-8 



'¥ 





t 



Assam Co. 



8 5 



30 



89 



30* 





7 

 1 



Assam Front. Ord. . . 



84 



85 



Jnf 



Q 







Assam Front Pref. . . 



10$ 



9i 



104 



10 





1 



Attarce Khat 



64 



b 



7 1-8 



is! 







Bengal United Old. .. 



10 



9J 



135 



<u 



3 i 





Bengal United Pref. . . 



9 



81 



9 



9 







Brahmapootra 



104 



10 



HI 



ill 



3 

 4 





British Indian Ord. 



3 



2 7-: 



3 » 3-8 





11 

 A I 





Cachar Dooars Ord. 



52 



64 



94 



181 



9 







Chandpore 



16 



16 



18£ 







Chargola Ord. 



11 



12 



1 3-8 



ii 



J 4 







Chargol Pref. 



14 



1 1-! 



311 



81 



1 i-8 





1-8 



Chubwa Ord. 



6t 



64 



g 







Con T. and Lands 











Ord. 



3 



2 1-1 



3 4 5-8 



4 A 



il 





Con. T. and L, First 











Pref. 



91 



81 



10 



al 



OJ 





1^ 



Con. T. and L. Second 









Pref. 



9 



91 



12f 



1 ->1 



6% 





Darjeellng 



134 



12 



15 



U4 





2 



Dar. Con. Ord. 



3 



3 



44 





1 1 

 1 l 



1 

 » 



Bar. Con. Pref. 



81 



72 



84 



71 







Booars Ord. 



20 



18 



23 



20 V 



1 

 3 





Booma 



l"l 



161 



181 



151 







Eastern Assam 



6* 



64 



8 



74 



1 





East lnd. and Cey Pref. 



31 



31 



6 



5 



11 



1 



Empire Ord 



9* 



9i 



12 



11 



1* 



1 



Empire Pref 



9 



8 3 



■8 9 1-S 



[ Sk 





4 



Imperial Ord 



61 



64 



81 



°t 







Indian of Cachar 



4 



31 



H 









Jetinga Ord 



6-8 



5-8 



7-8 



13-16 



3-16 





JetingaPref 



44 



*i 



4 5-8 



ii 







Jhanzi 



5 



44 



61-8 



• ii 







Jokai Ord 



124 



li 



14 



121 





4 



Jorehaut 





1 7- 



8 -i 1-; 



3 2 







Lebong £S 



12£ 



101 



121 



104 



91 







Lungla Ord 



74 



74 



9 ^ 





ii 



Lungala Pref. 



101 



9 7' 



■8 104 



101 

 8 







Majuli Ord. (Old £10) .. 



74 



71 



84 



i 





Makum 



9-16 9-16 J 



5-8 



1-16 — 



Moabund Ord. 



1 1- 



3 1 



A* 



11-16 





1-13 



Nedeeni Ord. 



8| 



8i 





11 



2* 





Needem Prefs. 



8i 



81 



8} 



84 







Scot. Assam 



8 



64 



71 



64 





U 



Sephinjun Bheel 



14/ 



14/ 



19/9 



19/ 





1 



Singlo Ord. 



31 



31 



6 





8 





Singlo Prefs, 



5i 



64 



71 



3 



2 





CEYLON ORDINARY SHARES. 



Alliance 

 Anglo-Ceylon 

 Ceylon Plantation 

 Consolidated Estates 

 Bimbula Valley 

 Eastern Produce 

 Lanka 



New Bimbula 

 Nuwara Eliya 

 Standard £6 

 Yatiyantota 



.. 10 

 ..106" 

 .. 354 

 , . 15 



. 6 



. 7 

 •• it 

 ,.3 5-8 3 



. 10 10 

 . 14 121 

 . 15i 151 



io 102 



110 132 

 34 37 



15 



6 



62 



24 

 6i 



32 

 Hi 

 14 



164 



10 

 124 

 34 



22 

 6 



? 



3 3-8 



104 



13 



151 



18 — 



- 14 



7 — 



11 - 



11 - 



- 1 



— H. ds C. Mail, Dec. 27. 



TREES AND LIGHTNING. 



The trees most apt to be struck by lightning 

 are those that conform most naturally to the 

 law of electrical motion — that electricity moves 

 along the path of least resistance. Flammarion, 

 the great French scientist, published in 1905 a 

 list of different kinds of trees, showing the 

 number of times each species had been struck 

 by lightning during a given period. The figures 

 are: 54 Oaks, 24 Poplars, 14 Elms, 11 Walnuts, 

 10 Firs, 7 Willows, 6 Beeches, 4 Chestnuts, but 

 not a single Birch. — The Reader 



