July i, 1893.] THE TROPICAL AGRICULTURIST. 
deemed it advisable in the iutereeta of the share^ 
holdera to enter into new airangemeDts by which 
the Tea Kiosk will have the benefit of Earopesn 
EnpervieioD, and managemeDt in Oolombo. 
It haa further been decided to largely reduce the 
price of the Tea for sale at the Kio^k, and generally 
to endeavoar to increase the value of basinees. 
A reference to the accounts from 16th August, 1892, 
shows that during the seven months that have 
elapsed since the services of the late Manager were 
dispensed with, expenses have been greatly curtailed, 
the total expenditure on establishment inoluding 
inspection and all employees amounting to only 
Rl,521'49 Bgainst B3, 040-59 for similar services in the 
previous statement for a like period. 
The losses on the earlier working and the lock-up 
of capital in the New Oriental Bank Onrporalion, 
Limited, prevent any dividend being declared, but 
the Direotora trust that future operations will war- 
rant them in recommending one. 
It may be added that the commissions earned on 
general business for the period under notice amounted 
to Kl,325'44 against B107-44 as per last statement. 
Some progress has been made in opening up nego- 
tiations with foreign oouatries with a view to future 
operations and when it becomes more generally 
known that the Company is prepared to give at- 
tention to export orders through the Colombo 
Agents (Messrs. VVbittall & Co.) it is probable 
that this branch of business will assume Isrge pro- 
portions erelong. 
Two Directors retire from office and as Mr. C.J. 
Donald and Mr. Harry Wbitbam have left the island, 
their names are chosen under clauses 79 and 80 of 
the articles of Assooiatioa of the Company. 
The Directors recommend the re-appoiDtment of 
Mr. J. Guthrie as Auditor on the same terms as 
heretofore. 
By order of the Board A. Philip, Auditor, Agent 
and Secretary. 
The Cetlon Tea Oompaky Limited (tNOEB the 
PATBONAGE of the PlANTEBB' ASBOCUTION OF 
Oeylon. 
To Establishment Tea Kiosk.. 
„ Head Officer, Kandy „ ... 
„ Lighting „ .. 
„ Boat hires, postage, and petty cash 
disbursements Tea Kiosk... 
„ Charges.. 
„ Manager, Tea Kiosk, H, B. Millar ad- 
ditional loss on working Tea Kiosk... 
„ Stationery, office forms, &e., „ 
„ Fire Insurance „ 
„ Bent account „ 
„ Advertising account ,, 
Manioipal Council, Colombo „ 
„ Registration of Trade Mark (in Ceylon) 
„ Auditor 
„ Signboards at railway stations 
4,883 179 
Audited and found correct E. & O. E. 
(Signed) John Guthbie, Auditor. 
Statement of Pbofit and Loss, made up to 31st 
DAY OF Mabch 1893. 
0. 
15 
R 
c* 
1,521 
49 
500 
00 
285 
63 
383 
85 
186 
11 
675 
93 
81 
90 
37 
50 
225 
00 
275 
06 
48 
57 
102 
64 
200 
00 
360 
11 
By Profit on Tea sold 
„ Profit on sale of refreshments.— Tea in 
the cup, aerated waters. Ices and 
cigars 
,, Bent of stalls at the Kiosk .. 
„ Commission 
„ Transfer fee ... ••• • • 
„ Balance ..• ••• • • 
R 
1,123 
1,651 
270 
1,325 
1 
511 
79 
00 
44 
50 
91 
4,883 79 
(Signed) L. H. Kelly, W. D. Gibbon, Giles F, 
Walker, J. Mnnton, — Directors. 
A. Philip, Agent and Secretary. 
Sftody, 31tt Matoh 1893. 
B 
Balancs Sheet of the Ceylon Tea Company, 
Limited (undeb the Patronage of thb 
Plantees' Association of Ceylon) made 
UP to 31bt day of Maboh 1893. 
Capital and Liabilitiae. 
B 
.. To Capital 2,285 shares of 
which 
11 On which paid up 
at R2 50 per share 
182 On which paid up 
at R5 per share . . 
1832 On wnich paid up 
at B7'50 per share 
260 Fully paid up at 
BIO per share . . 
II. To Debts due by the 
Company — 
Thomas Mackie 
Wall and Molesworth 
Augusta Estate 
Ceylon Bakery 
Colombo Gas and 
Water Company.. 
Colombo Apothecaries 
Company 
Oargill & Co. 
Milk Contractor . . 
Ceylon General Ice 
Company „. 
Brunswick estate „. 
Wbittall &Co. 
Petty Cash 
27 
50 
910 
00 
13,740 
00 
2,600 
00 
00 
70 
50 
33 
85 
40 
46 
43 
31 
09 
12 
50 
221 
90 
48 
94 
56 
03 
66 
00 
573 
33 
7 
68 
17,877 50 
1,300 83 
R18,577 83 
Property and Assets. 
B. o; 
III. By Property Immove- 
able . . 
By Property Moveable 
(C) Plant, fittings. 
Furnishings, and 
Sundry Improvements 
By Stock of Tea &c., 
Colombo Tea, Kiosk 989 08 
Kandy ., 113 85 
Stock of Aerated 
Waters & Bottles... 97 75 
Stock of Cigars . . 2 28 
IV. By Debts owing to the 
Company 
Dharmandas ... 30 00 
Rudra & Co. . . 43 65 
Tea shipped to India 218 25 
H. B. Millar, sus- 
pense account ... 327 31 
Kroning & Schrader 18 46 
Sundry Debtors, 
Ceylon Tea Kiosk 120 32 
Ceylon Tea in 
Russia ... 19 50 
V. By Cash 
New Oriental Bank 
Corporation, Cejlon 
Tea Kiosk accotmt 188 63 
New Oriental Bank 
Corporation Com- 
pany's account , . 4,896 16 
Bank of Madras 
Compay's account 1,395 29 
Bank of Madras 
Tea Kiosk No. 2 
account .. 2,588 84 
Superintendent Tea 
Kiosk, cash held for 
deposit after Eastec 
HoUdaj'^ 857 91 
B 0. 
862 00 
1,416 28 
1,202 96 
777 48 
9,326 83 
