838 
THE TROPICAL AGRICULTURIST. i JuNE r, 1894. 
Of the Cftpifal aulhocised, viz., £50,000 in 600 
SliarcB of £10 eaob, there has been ifsued— 
050 fu'ly paid Veador'is Shares .. £C,500 
1,800 Sbaces, £3 paid .. .. 0,400 
£11,900 
•ud the rotnnioing 50 fulty paid Yetidor's Shares, ee 
namei in the Pnwpectas of the Comptny, will be 
issued to the Veudor when the transfer of the 
Mueudeniys portion of ILe property has been duly 
made ti the Compiny. 
Mr. Hugh Fraser, the IVlanatcing Director, is now 
in Coylop, and as he has exerted every effort to 
have the transfer daly oompleteci, the Directors hope 
shortly to learn that this portion of his m ssion has 
been brought to a satisfactory itsae. Pending the 
completion of the transfer of Muendoniya, the Di- 
reotorei us acraiged with Mr. Fraser have withheld 
£1,500 as represcntinfl; the purchase price, viz. £500 
fully paid Shares, £500 Debentures, £500 Cash, and 
these amounts will be deslt with when the ncceeeary 
transfer has been duly executed. 
The Ocmpany'd screage as shown in the December 
Estate Report consisted of the following; — 
Tea in full bearing 310 acres, Tea 
planted in 1890 3 acres, in "Jl 12 acres, 
ill '92 32 acres, and in '93 99 acres. AorcB 
Total in Tea .... .... 456 
Cicoa 37 
Grass .... 6 
Total cultivated 499 
Forest .... 925 
Total .... 1,124 
Mr. Fraser arrived at Bandarapola on the 10th 
December, 1893, and the following is an extract from 
his letter addressed to the Company on the 12th of 
that month : " Since my arrival I nave occupied all 
the time available in inspecting the Tea Fields, 
Factory, &c., here, as well as the young tea, aud 
cocoa clearings and the tea clearings on Muendeniya, 
aud I have much pleasure in saying that I am 
greatly pleased with the vigorous appearance of the 
old tea which I have never seen present a greener 
appearance or shew a better cover, while the young 
clearings are promising in every respect. The cocoa 
is growing most satisfactorily and its extension 
deserves every encouragement." 
The estimated crop of tea for 1893 was 200,000 lb. 
and the Directors regret that owing to the un- 
precedentedly small rainfall, viz., 58'83 inches against 
105-05 in 1891, and 83-08 in 1892, the cr. p secured 
only amounted to 175,107 lb., or a shortfall of 24,893 
lb.; a deficiency which renders the accounts, as 
presented, not so satisfactory as the Directors had 
anticipated. The Shareholders will learn with 
regret th t Mr. John Anderson, the Chairman of the 
Company, has found it necessary to resign his seat 
at the Hoard. 
The Company's net profits for the ypar amount 
to £803 83 Id, and this it is proposed to appropriat e 
as follows : — 
Amount aa per Balance Sheet . . £808 8 1 
Interim Dividend at 3 per cent 
paid in September, absorbed £357 0 0 
It is proposed to pay a final 
Dividend of 3 per cent, (free 
of Income Tax), making 6 
per cent, for the year 357 0 0 
. 714 0 0 
£89 8 1 
QUANTITY AT THE EXPENSE OF 
QUALITY : INDIAN TEA. 
Referring to the Indian tea crop f jr 1893-94, the Qrocer 
gg^jg. — In the present season it seems to have been the 
aim of planters to produce "quantity" at the ex- 
pense of "quality," and it is notorious that the differ- 
ence in (he oharactei of the treei forwarded trom the 
same estates iu Assam and Darjef'liug ha* b«eD very 
marked, month after mootb. Fino ai>d inferior in- 
voices bavd alternately suocoeded each otfaor from 
tbo same gardenci. idtcu crealii n uiucli difficulty 
aud cu'ifui-iuii nuouti the wholisale dtalrra iu 
eeleoting the fiivouiito murks on which they could 
rely for uniform strength aud flavour, aud laa-iiog 
to wide and almbst ruinous fluotuations in value. 
It wso not until last autnmn that the London 
market befjsn to steady itself, when ii was ascer- 
tained beyond a doubt that the proportion of tiiic 
and fincH teas in the above huge crop wis very 
small, and every lime they were competed for a 
frcbh advance wax teiabiished; but this did uot 
always imply higher price<, only relatively 
better ratei tbau had been previoixly obtain- 
able, and the average quotations that have been 
rialised at putjlio Hale iu 1893-94 have been 2d 
per lb. under tiiosa in 1892-93. Whist there 
have been deiicieut supplies of cliuice and carafully 
prepared teas, there has, oa the contrary, been an 
extrairdinary abundance of low and romm'>o grader, 
portions of which have been so poor aud trashy that 
At limes hardly and buyers could be found to take 
them, and they had to be either put back out of 
sight or he sacrificed at unheard of cheap rates. This 
and weak liquoring qnalit es have invariably been tt 
a disooun*, and where lar^e parcels h.tve been placed 
simnltancouBly on oiler the greatest ditlioalty in dis- 
poa'ng of them has been experienced. It rests with 
the growers of tea in India, therefore, to l>eBtow more 
care upon the cultivation of the plant there, and 
give special attention to the preparation of thair tea 
for the Ihitieh market, which requires and must have 
a full-flavoured and pungett kind of liquor in the 
cup, aud not a faint steamy decoction that is uu- 
driukablH without it is blended with a class of tea 
that is brisk on the palate, rich in colour, crsamy ft 
ra'e in fragrnnce. By a constant adherence to these 
rules, consumption is stimulated, and the finer the 
t( as come here, the mora active is the demand and 
the s'ifJer the price. As one of the (atisfactory 
rctulta of an abn;rmally nig ciop this season, the 
deliveries of Indian teas at the port of Loadoo have 
been exccptioially he ivy, and for the last nine months 
they have amounted to 87,193,000 lb., in comparison 
with 81,729,000 Ih. in the same peiiod of 1892-93, 
and 82,673,000 lb. in 1891-2. The landings have alsj 
been exceseive, reach-ng in the fir*t three-quarters of 
the Bf-oson 111,705,500 lb. instead of 105.006,000 lb. 
and 106,300,000 lb. in the two former ones ; and the 
stock remaining on hand on the Slst ult. waeof g<^ol 
dimentioiis— viz . 47,912.600 lb. against 46,Z76,.500 ib. 
last joar, and 45,089,308 lb. in 1892. 
A NEW PROCESS OF MAKING QUININE. 
About a fortnight ago the foliOMiDg peculiar- 
worJed advertisement apprarel in a Loudon trade- 
list:— 
Advertiser who hasdiscovereJ a New Prooiss, which 
his been thoroughly tested, for the production of 
Sulphate of Quinine at oae-third ordinary cost, n^seds 
£500 to work same. Enormous profits ceit%ln. Striotert 
inyesti?ation courted. 
Then fallowed the name of thn alleged inventor and 
an address iu HampEhire. As we were ansioas to 
find out what new revolution the advertiser propossd 
to carry out in the quinine trade, we wrote to the 
addrecs given, offering him, provided he coald esta- 
blish a prima-facie case of the genainenesa of his 
iavention, tbegratnitoua advertisement of an interview 
in onr editorial colamne, as the best means by which 
to obtain the fnods of which he stood in need. Onr 
letter was returned today oflBc'aUy marked " not 
known" Un'esa, therefore, the "inventor,"' who 
appears to have been just a bird of pas^a^e in the 
Hampshire villxgd he named in his advertisement, 
had already found the needed financier and departed 
before our letter arrivid, it is not likely that much 
more will be heard of the matter.— CAmjsf and Drug- 
gist, April 28. 
