34 
THE  TR0P10AL  AGRIOULTUR18T. 
[July  i,  1892- 
been  reduced  to  45  cents  per  pound  as  against  52  and 
50  cents  for  tbetwo  preceding  years. 
Following  the  exported  tea  and  tracing  the  various 
shipments  to  their  destinations,  I note  : — 
Eprtsto — lb.  Exports  to — lb. 
1).  Kingdom  1891  63,380,411  France  1890  6,540 
„ 1890  42,855,071  „ 1891  5,552 
Increase  20,525,340  Decrease  988 
Aden  1891  3,360 
„ 1890  3,245 
Increase  115 
Australia  1891  3,087,840 
„ 1890  2,361.433 
Increase  726,407 
British  India  1891  573,771 
„ 1890  171, lu3 
Increase  402,668 
Cape  ot  Good 
Hope  1891  33,251 
„ 1890  760 
Increase  32,491 
Cyprus  1891  2,8u0 
„ 1890  795 
Increase  2,005 
Gibraltar  1891  24,915 
„ 1890  2,360 
Increase  22,555 
Hongkong  1891  123,527 
„ 1890  41,731 
Increase  81,796 
Malta  1891  16,930 
; „ 1890  1,185 
Increase  15,745 
Mauritius  1891  49,572 
„ 1890  30,645 
Increase  18,927 
Straits  Settle- 
ments 1891  12,069 
„ 1890  9,247 
Increase  2,822 
Arabia  1891  4,216 
„ 1890  1,092 
Increase  3,124 
Africa  1891  10,073 
1890  1,816 
Decrease  8,457 
Austria  1891  6,366 
„ 1890  5,202 
Increase  164 
Belgium  1890  4,495 
„ 1891  40 
Decrease  4,465 
Argentine  Re- 
public 1891  3,125 
„ 1890  - 
Increase  3,125 
China 
1 1 
1890  45,143 
1891  30,465 
Decrease  14,688 
French  India  1891 
90 
„ 1890 
~ 
Increase 
90 
Germany  1891 
108,484 
„ 1890 
67,980 
Increase 
50,504 
Greece  1891 
44 
„ 1890 
— 
Increase 
44 
Italy  1991 
12,668 
„ 1890 
3,399 
Increase 
9,169 
Japan  1890 
438 
„ 1691 
262 
Decrease 
176 
Maidive 
Islands  1891 
78 
„ 1890 
40 
Increase 
38 
Persia  1691 
3,784 
„ 1890 
— 
increase 
3,784 
Philippine 
Islands  1891 
250 
,.  1880 
— 
Increase 
250 
Portuguese  Posses- 
sessions  in  India  1891 
200 
„ 1890 
200 
Nil 

Kussia  1891 
11,240 
„ 1890 
80 
Increase 
11,160 
Samoa  1891 
400 
„ 1890 
— 
Increase 
400 
Seychelles  1890 
200 
„ 1891 
56 
Decrease 
144 
Spain  1891 
600 
..  1»90 
Increase 
600 
Sweden  1891 
2,580 
,,  1890 
2,530 
Increase 
50 
Switzerland  1890 
50 
,,  1891 
Decrease 
50 
Turkey  1891 
5,769 
„ 1890 
4,762 
Increase 
1,017 
Dutch  Possessions 
in  India  1891  101 
„ 1890  — 
Increase  1 01 
Egypt  1891  48,S61 
..  1890  33,152 
U.  States  of  ( 1890  154  832 
America  ) 1891  154, 2:8 
Decrease  593 
West  India  1 1891  1,480 
Islands  I 1890  .300 
Inorease  15,709  Increase  1,180 
This  return  may  be  regarded  as  very  satisfactory- 
owing  as  it  does  an  increase  in  the  exports  to  the 
United  Kingdom  and  Europe  generally  there  being 
merely  a small  decrease  in  the  case  of  France,  Bel- 
gium, and  Switzerland.  The  trade  with  the  United 
States  of  Amerioa  is  not  yet  established  cn  a fi;m 
basis,  but  the  increases  in  the  quantity  of  tea  buj  plied 
to  the  British  Colooies  is  to  be  remarked,  and  is 
paiticularly  noteworthy  as  regards  Australio.  The 
query  naturally  arises,  Why  were  123,527  lb.  of  Cey- 
lon tea  sent  to  engkong  ? Is  it  sent  to  Europe 
after  “ treatment,”  market  as  “superior  China,”  war- 
ranted free  from  tannin  ? Or  does  it  go  to  the 
Unite!  States  ? 
It  thus  appears  that  while  Britain  and  her  Aus- 
tralian colonies  took  the  bulk  of  our  tea  crop  in 
1891,  quantities  more  or  less,  and  whioh  are 
likely  in  future  years  to  deoome  more  instead  of 
less,  were  distributed  amoogst  all  the  important 
empires,  kingdoms  and  countries  of  the  world, 
including  the  three  teR-produoing  countries,  'C bins, 
Japan  and  India  ; anoient  Egypt  and  olassio  Greece ; 
Gibraltar,  Malta  and  the  Cape  ; Samoa  and  Cyprus  ; 
America  and  Afrioa  ; Mauritius,  the  Straits  Settle- 
ments and  “ Araby  the  blest  ” which  of  old  got  the 
credit  of  “ spicy  gales  ” due  to  Ceylon  cinnamon 
carried  by  the  caravans  of  commerce.  But  we  need 
not  repeat  the  long  list  of  names.  Let  U3  cherish 
the,  we  submit,  well  founded  belief  that  by  the 
time  the  few  remaining  years  of  this  century  are 
out,  Ceylon  tea  will  be  exported,  not  in  trial  driblets 
but  in  large  and  increasing  quantities  to  every 
oentre  of  population  of  the  faoe  of  the  habitable 
globe. 
SCOTTISH  CEYLON  TEA  COMPANY, 
LIMITED. 
REPORT  OF  THE  BOABD  OF  DIRECTORS. 
To  be  presented  to  the  Shareholders  at  their  Third 
Annual  Meeting  to  be  held  at  the  Offices  of  the 
Company  on  the  16th  May,  1892,  at  3 o’clock  p.m. 
The  Directors  have  again  the  pieasiDg  duty  of 
submitting  the  Shareholders  tve  Acoounts  and  Balance- 
sheet  for  another  year — that  ending  31st  December 
1891. 
As  anticipated,  a very  satisfactory  result  has 
been  obtainted,  and  the  profits  for  the  year  amounted 
to  £8,799  14s  lid,  which,  with  the  balance  oanied  for- 
ward fiora  list  year,  £387  5s  7d,  make  a total  of 
£9,187  Os  6d  to  be  dealt  witb.  Out  of  this  amount  a 
Dividend  of  5 per  cent  (free  of  Income  T*x)  has 
already  been  paid,  and  the  Direotors  now  propose  a 
further  Dividend  of  13  per  cent  (also  free  of  Income 
Tax),  making  in  all  18  per  cent  for  the  year.  It  is 
further  proposed  to  place  £1000  to  the  Reserve  Fund, 
bringing  this  up  to  £2,000,  and  to  carry  forward 
£807  0s  6d  to  the  next  acoount. 
The  Directors  venture  to  think  that  the  prospeots 
foreshadowed  to  the  Shareholders  at  the  last  Annual 
Meeting  of  the  Company  have  been  fully  realized. 
All  the  estates  of  the  Company  are  in  excellent 
condition,  and  the  Shareholders  will  be  happy  to  learn 
that  the  recent  acquisition,  Lonaoh,  has  eo  far  proved 
a very  satisfactory  investment,  and  is  likely  to  con- 
tribute materially  to  the  earning  power  of  the  Company. 
Its  acreage  and  value  have  been  considerably  added 
to  during  the  past  year  by  purchase  of  portions  of  the 
Dotiagalla  and  Killin  Estates,  supplying  not  only 
