June i, i8 95 .} THE TROPICAL AGRICULTURIST. 
805 
THE PREMIER CEYLON TEA PLANTING 
COMPANY: 
Another Prosperous Year (15 p.c. Dividend) 
for the Ceylon Tea Plantations 
Company, Ltd. 
We are very pleased to learn from the Ceylon ; 
Manager, Mr. O. A. Talbot, that the Ceylon 
Tea Plantations Company Limited, has just , 
declared a dividend of 15 per cent for the year j 
1894, being the eighth year in succession with the 
same large dividend. Not only so; but after 
writing oil' £3,500 depreciation ; the addi- 
tion to the Reserve Fund is no less than 
£14,872, bringing it up to a total of 
£50,000. Then" further, it is extremely grati- 
fying to learn that out of the profits, funds 
have been formed not only for the insurance OT 
the Company's Factories ; but also to provide 
furlough and sick leave pay for the estate 
Superintendents of the Company. 
We heartily congratulate the Directors, home 
and local managers and other officers as well 
as the shareholders of the Company, on these 
extremely good results. Long may a similar 
experience of prosperity continue. 
Since writing the above, the following detailed 
Report has reached us ; but only at 4-30 p.m., too 
late for comment : — 
THE CEYLON TEA PLANTATIONS 
COMPANY, LIMITED. 
incorporated under the companies' acts 
1862 to 1883. 
The following is the Directors' Report for the year 
1394 . 
Report of the Directors to be submitted at the 
Eighth Annual Ordinary General Meeting of the 
Shareholders to be held at Winchester House, Old 
Broad Street, E.C., on Thursday, April 25th, 189a, at 
2-30 p.m. : — , „ 
The Directors have the pleasure to submit the Gen- 
eral Balance Sheet and Profit and Loss Account for 
the year ending December 31st, 1894, duly audited. 
J £ a. d. £ a. d. 
The net amount at Credit of 
Profit and Loss Account includ- 
ing balance brought forward at 
December 30th, 189:!, and after 
providing for General Expenses, 
Directors' Fees, Income Tax, ^ ^ ? 
An interim Dividend of 7 per 
cent on the Ordinary Shares 
was paid October 27th, 1894, 
amounting to ..11,716 12 0 
It is proposed to pay a final 
Dividend of 8 per cent on the 
Ordinary Shares (making 15 
per cent in all, free ot In- 
come Tax) which will absorb. . 13,390 8 0 
Dividends on the 7 per cent 
Preference Shares were paid 
for 1894 (less Income Tax), 
amounting to •• ".492 19 1 
It is proposed to add to Re- 
serve Fund ..14,872 19 10 
It is proposed to write oil 
for depreciation on Buildings 
and Machinery .. 8,500 0 0 
And to carry forward to 
next year a balance of . . 1,625 11 3 
50,598 10 2 
It is with satisfaction the Directors are in a position 
to report that the year's working enables them for tho 
eighth year to declaro a dividend of fifteen percent, 
por annum on the Ordinarv Share Capital. 
It is proposed to write off for depreciation the sum 
of £8,800 ; to add £14,872 19s. lOd. to the Reserve Fund, 
101 
which will then amount to £50,000 ; and to carry for- 
ward a balance of £1,625 lis 3rd. 
The yield of tea per acre, was 372 lbs., as against 419 lb 
in the previous year. This deficiency was due, not 
only to unseasonable weather, but also to the fact, 
that 802 acres of young tea, yielding but little 
crop, had been added to the plucking area. The 
shortfall in yield was however compensated for by 
the exceptionally low rate of exchange, and the 
diminished cost of productions. 
The gross price realised for the Company's Teas 
was 8'84d per lb. as against 8 - 85d in 1893, and the rate 
of exchange during the year was 1/1 9-16d, as against 
l,'3id- 
The Crop for the year was as under : — 
Estate Tea Bought Leaf Tea Manufactured Total. 
Tea. for others, 
lbs. lbs. lbs. lbs. 
2,971,987 616,692 1,236,819 4,825,498 
The following is a list of the Company's properties, 
with their acreages at December 31st last : — 
Tea in Cultivated Reserve 
Estates. bearing Acres. Forest Total 
Acres. & waste. Averages 
Mariawatte .. 407 471 95 500 
Alalia .. 241 307 147 454 
Dunedin .. 417 417 10S 525 
Dewalakande .. 481 481 ua 594 
Sambawatte .. 300 370 299 075 
Mudamana .. 391 391 83 474 
Ingoya .. 257 309 £ 7« 879 
Wallahp, .. 250 205 25 290 
Tfflyrie .. 572 572 184 750 
Scrubs .. 124 124 25 149 
Alton .. 413 413 45 458 
Tangakelly .. 818 823 87 910 
Waverley .. 154 154 3 157 
East Holyrood.. 087 087 46 733 
Lochiel .. 373 373 117 490 
Rosita .. 221 230 68 228 
West Hoi vrooil.. 450 500 40 540 
Balgownie .. 118 118 203 321 
Ardaillie .. 210 210 1 211 
Yoxfovd .. 337 421 r,7 478 
Glenlvon .. 538 0C4 34 63S 
Polmont .. — — 46 46 
Andigauia — 70 733 803 
Ma watte .. — 350 137 487 
Total.. 7,879 8,000 3,272 11,938 
The Ceylon Manager reports the Company's proper- 
ties are in excellent condition, and, with a favour- 
able season, promise well for the current year. 
The Board have the pleasure in stating that the 
satisfactory results as exhibited by the accounts, are 
largely due to the careful supervision exercised in all 
departments by the Ceylon Manager, and the Staff 
both in Ceylon and London. 
Under Clause No. 69 of the Articles of Association, 
Mr. Henry Tod retires on this occasion from the 
Board, but being eligible, offers himself for re-election. 
The Auditors, Messrs. Harper Brothers, Chartered 
Accountants, also retire from office, and offer them- 
selves for re-election. — By order of the Board, 
Wm. Johnston, Secretary. 
London, April 11th, 1895. 
CEYLON FIBRES IN REQUEST. 
ROOM FOR NEW INDUSTRIES. 
We do not see that we can do better towards 
promoting the object held in view by the writer, 
than by publishing the substance of the following 
letter which has come to our personal address. It 
is from a well-known London Firm interested in 
Fibres, whose address can be got by any one wish- 
ing to send on samples, the writer of it being Mr. 
C. E. Collyer, expert referee for Fibres for the 
Imperial Institute. The three samples senl to 
us are certainly very attractive and can be seen 
at our office, and as regards "bamboo," "plan- 
tain," "pine-apple" and "palm" fibres, there 
is no reason why Ceylon should not hold its 
own against the world. Of course already, a 
great deal of trade exists in respect of coconut 
and palmyra fibres : but what is wanted, is 
evidently some liner libres, and it would be wel 
