642 
THE  TROPICAL  AGRICULTURIST. 
[April  i,  1893. 
Eastcheap,  under  the  style  of  H.  A.  Snelling  and  Co. 
the  Assurance  Tea  Company,  &c.,  in  accordance  with 
an  agreement  made  with  the  said  H.  Snelling ; and, 
further,  to  acquire  the  interest  of  C.  H.  Craggs  in  a 
patent  relating  to  the  combination  of  hops  with 
tea,  coffee,  cocoa,  and  other  substances,  and  the 
business  of  manufacturing  the  same,  now  carried  on 
by  C.  H.  Craggs  at  St.  George’s  House,  Eastcheap, 
under  the  styles  of  Charles  & Co.  and  the  Hop 
Tea  Company ; and,  with  a view  thereto,  to 
adopt  and  carry  into  effect  an  agreement  made 
between  Charles  H.  Craggs  of  the  one  part  and  this 
company  of  the  other  part ; generally,  to  carry 
on  the  businesses,  both  wholesale  and  retail,  of 
manufacturers  of  and  dealers  in  tea,  coffee,  cocoa, 
hops,  &c.,  wine  and  spirit  fuerchant,  drysalters,  &c., 
in  all  or  any  of  their  respective  branches.  The  first 
signatories,  who  take  one  share  each,  are : — H.  A. 
Snelling,  St-  George’s  House,  Eastcheap,  E.C. ; C.  J. 
Page,  8,  Eastcheap,  E.C.  ; J.  Carter,  6,  Eastcheap, 
E.C.  ; C.  Scott,  19,  Regent’s  Park  Terrace,  N.W.  ; 
J.  E.  Davies,  71,  King’s  Road,  Peekham ; W.  S. 
Lambert,  23,  Simpson  Street,  S.W.  ; E.  M.  Mackie, 
20,  Prideaux  Road,  Clapham  Rise,  S.W.  There  shall 
not  be  less  than  three  nor  more  than  seven  directors. 
The  first  are  H.  A.  Snelling,  C.  J.  Page,  and  C.  J. 
Ash.  Qualification,  £400.  Remuneration  to  be  fixed 
by  the  company  in  general  meeting. 
Cloves. — The  speculative  movement  in  Zanzibar 
cloves  is  growing,  and  some  American  buyers  are 
reported  to  have  entered  upon  the  scene,  and  prices 
following  the  double  pressure  of  home  and  American 
buying  have  rapidly  advanced,  thousands  of  bales  chan- 
ging hands  at  each  rise.  Rumour  of  a probable  failure 
of  the  crop  imparts  additional  interest. — H.  and  C- 
Mail,  Feb.  17. 
THE  AMSTERDAM  CINCHONA  SALES. 
(Telegram  from  our  Correspondent ■) 
Amsterdam,  Thursday  AftemooD. 
At  today’s  cinchona  auctions  3,045  packages  of  bark 
sold  at  a slight  but  all-round  deoline,  the  average  unit 
being  5$  oents  or  as  nearly  as  possible  Id  per  lb. 
Manufacturing  bark  in  quill,  chips,  and  ground,  brought 
from  8 to  65  oents  ( = ljd  to  lOdperlb.);  ditto  root, 
from  16  to  42  cents  (=2Jd  to  per  lb.) ; druggists’ 
bark  in  entire  and  broken  quill,  from  18  to  46  cents 
(=3jd  to  8d  per  lb.) ; ditto  in  root,  from  9 to  14  cents 
(^l^d  to  2Jd  per  lb.).  The  principal  buyers  were  the 
Brunswick,  the  Mannheim,  and  the  Auerbaoli  Quinine 
Works. — Chemist  and  Druggist , Feb.  18. 
- 4> 
INDIAN  TEA  DISTRICTS. 
Our  Morianie  Correspondent  writes  on  the  18th 
February  1893  : — Splendid  tea  weather. 
Our  Ranchi  Correspondent  writes  on  20th  February 
1893 : — Weather  seasonable,  rainfall  to  date  T05. 
Since  our  last  report  the  mosquito  blight  and  green 
fly  whose  advent  was  anticipated  has  arrived,  so  far 
in  only  a limited  number,  but  sufficient  to  cause 
planters  the  utmost  concern  for  the  future.  Red 
spider  has  taken  a firm  hold  and  evinces  a more 
ronounced  partiality  for  the  tea  than  “ consumers  ” 
ave  hitherto  done. 
Our  Darjeeling  Correspondent  writes  on  the  22nd 
February  1893 : — A somewhat  higher  temperature 
has  been  registered  the  last  few  days.  With  high 
winds  in  the  afternoon  the  nights  are  still  very  chilly 
though.  Pruning  about  come  to  an  end  throughout 
the  district.  Rainfall  since  November  last  has  been 
about  1'60  of  an  inch,  which  has  been  fairly 
evenly  distributed  over  the  different  months  to  date. 
Our  Kangra  Valley  Correspondent  writes: — At  last 
we  can  see  the  “sun,”  and  I trust  we  may  be 
favoured  with  a good  visit.  We  have  had  nothing 
but  incessant  rain  and  snow  during  the  day  and 
heavy  frost  at  night.  Rainfall  over  6 inches  in 
February  to  date.  The  question  is,  How  are  we 
oing  to  pay  for  this  moisture  ? We  can  certainly 
o with  a light  monsoon,  but  are  we  to  have  a 
late  monsoon  and  not  a drop  of  rain  between  whiles  ? 
— Indian  Planters'  Gazette. 
INDIAN  TEA  COMPANIES. 
EUembarrie  Tea  Company. — Outturn  was  3,436 
maunds,  aLd  the  average  prioe  obtained  was  annas 
8-4  per  lb.  A gain  of  R46,720  is  the  result  of  the 
season,  which,  on  the  capital  of  1§  Iskbs,  iB  most 
satisfactory.  Id  ab6crption  in  profit  Bnd  loss  account 
a total  of  R55, 324  appears.  An  adinterim  of  10  wss 
paid  and  a final  of  16  is  proposed,  making  in  all  25 
p r cent  of  Pivid«  nd  for  the  year.  To  working  capital 
RIO.OOO  is  transferred  aDd  a balaDoe  of  R7.824  is 
carried  forward.  All  the  youDg  tea  is  favourably 
ri  ported  on,  and  a further  small  extension  is  contem- 
pla'ed.  Tbe  estimate  this  season  is  for  3,200  maunds. 
Malmrgong  Tea  Company.— Outturn  was  1.569 
msunds  and  average  obtained  annas  6-10  per  lb.  Like 
all  Terai  gardens  blight  has  been  to  blame,  to  w hich 
must  be  added  oholera  in  July  and  excessive  rain  in 
August  and  September.  The  net  profit  was  R234.  Tbe 
balance  at  debit  of  profit  and  loss  account  is  R6.325. 
Ti  e Managing  Agents  state  that  as  the  garden  on  its 
present  footing  is  never  likely  to  do  more  than  exist, 
they  are  prepared  togivetbeir  best  consideration  to 
any  proposal  the  shareholders  may  submit  for  sup- 
plying funds  for  the  purpose  of  planting  ;out  300  acres 
of  new  land  within  the  grant  with  high  class  indige- 
nous plant. 
Sapaksti  Tea  Company,  owiDg  to  unfavourable 
weather  and  difficulty  in  labour,  made  only  690 
maunds,  and  obtained  an  average  ofannas  8-9  per  lb. 
Revenue  account  shows  a gain  of  R5,265  and  profit 
and  loss  account  a balaDoe  at  debit  of  R15.316.  This 
is  a olasB  of  garden  that  never  arpears  to  make  aoy 
headway,  and  is  habitually  in  debt  to  those  who  are 
good  enough  to  finance  it  from  season  to  season. 
LoDgview  Tea  Company. — Outturn  was  2,158 
maunds  and  average  8-1.  Revenue  acoount  shows  a 
profit  of  R3.001,  after  applying  R5,155  to  depreciation 
of  machinery.  In  adjustment  in  profit  tend  loss 
account  a balance  to  the  good  of  R1.007  is  carried 
forward.  In  this  season  it  is  estimated  to  make  2,850 
maunds,  and  off  Kallabarree,  an  adjoining  garden 
that  has  been  leased,  480  maunds.— Pioneer. 
DRUG  AND  BARK  REPORT. 
London,  Feb.  16. 
Annatto. — Seed  is  tending  just  a little  lower — today 
holders  accepted  a bid  of  2Jd  per  lb.  for  64  bags  good 
bright  Ceylon  seed. 
Areca. — Six  bags  from  Penang  sold  today  at  26a  6d 
per  cwt , showing  a somewhat  easier  tendency.  An- 
other lot  was  bought  in  at  30s  per  cwt. 
Oalumba. — In  fairly  good  demand  at  rather  irre- 
gular, but  upon  the  whole  steaditr,  prices.  Of  137 
bags  55  brought  29s  to  30s  for  fair  yellow  Borts, 
and  17s  to  17s  6d  per  cwt.  for  dark  brownish  and 
waimj  ditto. 
Oils  (Essential). — A parcel  of  10  tons  OitroDella 
oil  in  iron  drams,  shipment  up  to  the  end  of  Wav, 
has  been  sold  reoently  at  10fd  per  lb.,  e.i.f.  Liverpool. 
On  the  spot  tbe  price  for  usual  quality  Dative  brands 
is  13-16th  d per  oz.  Lemongrass  oil  on  the  spot  is  held 
for  lid  per  oz. 
Cinnamon. — Rather  dearer.  For  arrival  100  bales 
“usual  assortment”  CeyloD,  Janusry-Marcb  steamer 
shipment,  have  been  sold  at  6|d  per  lb.  c.i-f.  terms. 
— Chemist  and  Druggist. 
TEA  BLIGHTS. 
The  Tea  Association  lately  considered  a letter  of 
19th  January,  from  Messis.  Begg,  Dunlop  & Co.,  sug- 
gesting in  the  event  of  ths  Association  retaining  the 
services  of  Mr,  M.  K.  Bamber,  that  one  of  the  abandoned 
Terai  gardons  might  be  utilised  for  prosecuting  a 
ppecial  investigation  of  blights  under  his  snperin'i  n- 
Uence  at  the  general  expense  of  the  tea  industry.  The 
Chairman  stated  that  Mr.  Bamber  bad  obtained  an 
appointment  uoder  Government,  and  he  feared  his 
services  would  be  no  longer  available  after  the  olose 
of  his  agreement.— Englishman. 
