August  i,  1892.] 
THE  TROPICAL  AGRICULTURIST, 
The  Vendor,  who  will  join  the  Board  after  allot- 
ment, is  so  satisfied  with  the  value  ot  these  esiates 
and  the  profit  to  be  tie  ived  bv  this  Compauy,  that 
he  has  agreed  to  guarantee  a dividend  of  6 per  eent. 
per  annum  for  a period  of  seven  years. 
An  estimate,  based  on  the  sale  by  puhlio  auction  of 
200  0091b.  of  tea,  the  anticipated  yield  for  the  first 
year,  after  making  all  allowances  for  expenses  in  Cey- 
lon and  London,  should  yield  a dividend  of  at  least 
10  per  cent,  on  the  i-sued  capital  of  th"  Company 
which  dividend  should  be  materially  increased  in  the 
course  of  tho  next  two  or  three  years,  as  the  present 
area  of  tea  oomes  into  full  bearing. 
The  Direct  ts  propose  10  retain  the  eervioes  of  Mr. 
James  Mnnton,  the  Managing  Agent  appointed  by  Mr. 
Alexander  Boss,  who  has  been  iu  charge  of  these  pro. 
perties  for  the  past  tour  years. 
No  promotion  money  has  been  or  will  bo  paid  the 
Company  contracting  directly  with  the  present  owner 
of  Ihe  property,  who  has  agreed  to  pay  all  expenses 
oonne' ted  with  advertising,  circulating,  and  printing 
this  Prospectns.  A Contract  has  been  entered  into, 
dated  May  16th  1892,  and  made  between  Alexander 
Boss  of  the  one  pact  and  a Trustee  for  and  on  behalf 
of  the  Company  of  the  other  part 
All  the  statements  made  m this  Pro>pectus  are  based 
on  information  furnished  by  the  Vendor,  and  it  has 
been  agreed  that  no  purchase  money  shall  pass  until  an 
independent  report  has  been  obtained  by  the  Directors 
verifying  the  sta  emeuis  contained  in  this  Pio  prcius, 
and  as  to  the  validity  and  soundness  of  the  Vend  Vs 
titles.  The  above  Contract  «n  i the  Memorandum  arid 
Articles  of  A -sociaiion  can  be  inspected  at  the  Offices 
of  the  Company,  where  all  further  information  can  be 
obtained. 
Applications  for  Shares  should  be  made  on  the  accom- 
pany ng  Form,  a"d  forwarded  to  the  Bank'  rs  of  the 
Company.  Prospectuses  and  Forms  of  Application  for 
Shares  may  be  obtained  at  the  Hankers  and  Offices  of  the 
Company.  If  no  allotment  is  made  application  money 
will  be  returned  in  full. 
Dated  May  24  b,  1892. 
( Financial  /Yews,  June  21.) 
The  example  set  by  the  dir.  otors  of  the  Caledonian 
(Ceylon)  Tea  Plantations,  L mited,  might  be  followed 
with  advan  age  in  regard  to  mauy  new  companies. 
The  prospectus  of  the  c impany  referred  to  expressly 
stipulates  that  all  the  statements  contained  therein 
shall  be  duly  verified  by  means  of  an  indep  nd.  nt 
report — which  must  also  testify  as  to  the  validity  of 
the  vendor’s  titles— before  any  part  of  the  purchase- 
money  is  handed  r.v>r. 
(Daily  Oracle , June  23.) 
Ceylon  Tea. — Pile  pro-pectus  of  the  Caledonian 
(Ce\lou)  Tea  Company,  which  will  be  found  in  our 
advertising  columns,  calls  attention  to  the  position 
which  Ceylon  tea  is  taking  iu  the  markets  of  the 
world.  One  of  the  most  remark  ible  trade  depariure-i 
of  recent  years  has  been  the  development  in  the  use 
of  Indian  and  Ceylon  tea  in  the  tea-drinking  countries 
of  the  world.  The  consumption  of  tea  grown  in  these 
parts  of  the  British  Empire  has  had  a very  serious 
effect  upon  the  China  tea  trade,  which  threatens  to 
develop  still  further.  Year  by  year  the  demand  for 
Ceylon  tea  grows  literally  by  leans  and  bounds,  ana 
there  seems  To  be  no  reason  why  it  should  nor,  continue 
to  do  so.  It  is  expected  that  the  Chicago  Exhibition 
will  lend  itse  f to  pu-hing  these  teas  in  the  United 
States.  The  Americans  are  not  t^a  drinkers  to  the 
same  ex'eut  that  the  English  people  are,  but  still 
they  are  very  considerable  consumers,  and  there  is  no 
reason  why  they  should  not  be  induced  to  take  Ceylon 
tea  much  more  treely  fhan  they  do  if  it  be  brought 
before  them  as  it  has  been  brought  before  the  publio 
in  this  country.  With  the  aid  of  a grant  from  Govern- 
ment Ceylon  has  already  subscribed  a considerable 
sum  of  money  towards  securing  a suitable  represen- 
tation at  that  exhibition. 
Celery  Coffee  is  the  newest  nostrum.  It  is. 
according  to  the  prospects — for,  of  course,  its  in- 
ventor and  proprietor  wants  to  form  a company — 
a most  pleasant  beverage,  agreeing  with  tender 
IS* 
stomachs  that  rejeot  tea,  cocoa,  and  ordinary  coffee. 
It  is  also  an  infallible  cure  for  rheumatism,  gout, 
and  other  ailments  1 — L.  and,  C.  Express, 
Labour  in  British  Honduras. — It  is  not  often 
that  Colonial  Office  reports  are  brightened  up  by 
the  faintest  glimmer  of  the  personality  of  the 
writer.  As  a rule,  they  are  the  merest  dry-as 
dust  collection  of  statistics,  but  now  and  then  there 
is  a hint  'hat  tho  weary  official  who  has  penned 
them  is  after  all  a man  and  a brother.  The  Co- 
lonial Secretary  for  British  Honduras  has,  however, 
succeeded  in  imparting  a delightful  touch  of  cyni- 
cism to  one  of  the  questions  dealt  with  in  his 
latest  reports  on  that  colony.  In  British  Honduras, 
as  in  other  tropical  and  semi-tropical  countries,  the 
labour  question  is  both  complicated  and  simplified 
by  the  lavish  abundance  with  which  nature  responded 
to  man’s  most  Gasual  efforts.  A handicraftsman 
in  British  Honduras  can  earn  something  like  two 
dollars  for  a day’s  labour,  and  is  not  expected  to 
do  more  than  half  the  work  which  an  English 
labourer  doss  in  the  same  time.  The  most  efficient 
bricklayer  in  Belize,  the  report  states,  is  an  inmate 
of  the  lunatio  asylum — a fact  which  moves  the  Co- 
lonial Secretary  to  make  the  delightful  observa- 
tion that  “ no  sane  day  labourer  sees  any  necessity 
for  excessive  diligence  ! " — Aberdeen  Free  Press, 
CEYLON  EXPORTS  AND  EISTBIBUTION,  1892. 
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