498 
THE, TROPICAL 
AGRICULTURIST. [January i, 1889. 
although when brought to market it sold fairly wel 
it did not weigh above half the normal weight of 
Coffee, and to that cause is ascribed the unfortunate 
result of the year's working. 
The Directors, acting under the advice of their 
agents aud General Manager, and bearing in mind the 
high price now realised for Ceylon Coffee and the 
want of the capital which would be required if it 
were attempted to put any more of the Company's 
estates into Tea, have kt pt all their good coffee, which 
is reported to them as being in good condition and 
likely to bear excellent crop3 should the seasons (which 
continue to be abnormal in Ceylon as every where 
else) give them a fair chance. It is stated that whilst 
leaf disease is losing its virulence, bug, which has 
been the most serious enemy to coffee, is disappearing. 
It is hoped that the course pursued in this matter will 
shortly be attended with good results. Tea is a com- 
paratively new industry and may develop disease of 
its own should it become the chief plant cultivated 
(as coffee has done), and it has been considered prudent 
to proceed cautiously in the matter. 
The unsatisfactory results which have attended the 
cultivation of the estates for several years past have 
led the Board to the conclusion that a complete change 
in the management has become essential, and tbeir 
views having been communicated to the Manager, he 
has tendered his resignation, which the Board bave 
accepted, and they are now in correspondence with the 
agents in Colombo as to the arrangements which will 
be best calculated to ensure the improvements in 
revenue which have been so frequently promised, but 
bave not been realised. — By Order, William Bois, 
Secretary. 
No. 8, Old Jewry. Dec. 5th, 1888. 
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Dr. Balance Sheet. 
To Capital Paid up— 
15,000 Ordinary Shares 
of £10 each 
1,420 Preference Shares 
of £10 each 
To Loan obtained on the payment 
off of the Mortgages on 
Arnhall and Ampittiakande 
To Sundry Creditors 
Bills Payable 
Sundries 
Cr. 30th June, 1888. 
By Estates — 
Ampittiakande 
Arnhall 
Fruit Hill ... 
Fordyce and Garbawn 
Gonagalla and Paramatta .. 
Rappahannock 
Rillamulle ... 
Thotulagalla 
Yattawatte ... 
By Machinery, Tools, &c. 
„ Sundry Debtors ... 
„ Produce Unsold on 30th June- 
Since Realised... 
Coffee 
Bark 
Cocoa 
Tea 
By Estimated Value of Bark not 
Realised ... 
„ Cash — 
At Bankers... 
In Hand ... 
£ fi d 
150,000 0 0 
14.200 0 0 
164,200 0 0 
9,000 0 0 
9,550 0 0 
3,732 9 1 
13,282 9 1 
£186,482 9 1 
£ a d 
26,225 5 0 
18,521 6 9 
10,200 18 7 
16,149 2 0 
18,185 12 11 
22,846 10 7 
10,333 11 9 
35,143 13 1 
6,083 13 6 
163,689 14 2 
2,050 4 4 
638 1 9 
2.881 6 8 
1,162 9 11 
559 5 4 
2,196 15 7 
6,799 17 6 
562 10 0 
1.882 13 11 
13 17 11 
1,896 11 10 
By Suspense Account, Tea Planting, &c. — 
Balance 30th June, 1887 ... 6,858, 19 9 
Tee Planting, Factories 
New Buildings, &c, Ac- 
count, 1887-8 ... 2,224 4 2 
By Payments on Account of Up- 
keep for 1888-89 
„ Balance of Profit & Loss Account 
9,083 3 11 
797 12 9 
.. 964 12 10 
£186,482 
Teading Account for the year ending 30th June 
To Uostof Cultivation in Ceylon — 
Ampittiakande 
Arnhall 
Fordyce and Garbawn 
Fruit Hill 
Gonagalla and Paramatta 
Rappahannock 
Rillamulle 
Thotulagalla 
Yata watte 
General Manager— Sundry Expenses 
20,119 11 6 
less— Debit to Capital and Suspense Account — 
Machinery 499 14 5 
Special expenditure on 
New Factories 1,546 4 1 
Other Buildings 179 8 2 
Tea Planting 498 11 11 2,723 18 7 
17,395 12 11 
£ 
2,355 
1,053 
6,470 
1,803 
1,763 
2,123 
684 
1,557 
1,668 
639 
9 1 
1888. 
s d 
9 11 
10 3 
3 4 
14 9 
9 6 
4 2 
13 10 
11 10 
5 4 
8 7 
