848 
THE TROPICAL 
AGRICULTURIST 
[June 1, 196l. 
was offered to, and accepted by> Mr. Joseph Fraser. 
The latter gentleman paid his first visit of inspection 
at the beginning of the present year, and his Report 
is of a satisfactory churacter, being summarised in 
the remark that "the general appearance of the 
Estate is highly satisfactory, and the agricultural 
condition creditable to Mr. Anderson." In accordance 
with the Articles of association, Mr. C. J. Scott, 
retires from the Bo^-rd, and, being eligible, offers 
himself for re-election. Mr. John Dalgleish, O.A., 
also offers himself for re-election as Auditor. G. W, 
Paine, Chairman. 
16 Philpot Lane, London E.G., 20th April, 1901. 
THE IMPERIAL CEYLON TEA 
ESTATES, LIMITED. 
REPORT OB" THE DIRECTORS 
to be submitted at the annual JJordiuary general 
rneelinjj of Shareliolilers, to be held at the Com- 
pany's offices, 9, Feiichurch Avenue, London, E.G., 
on Tuesday, the 30tli April, 1901, at 3 p.m. 
The directors now beg to submit the balance sheet 
and profit and loss account for the year ending 31st 
December, 1900. 
The nett profit, after payment of 
debenture and other interest for the 
year, amounts to .. .. £2,326 11 11 
To which has to be added the balance 
brought forward froml899.. .. 658 5 5 
£2,984 17 
This the directors propose to deal 
with as follows : — 
(!) In writing ofi from 
cost of Properties, as De- 
preciation of Machinery, 
&c. ... ... £500 0 0 
(2) In payment of a 
dividend of 2§ per cent 
(free of Income Tax) on 
toe paid-up share capital 
of the Company .. 2,250 0 0 
(3) In carrying forward 
to next year the balance of 234 17 4 
<s 
l-l 
Estate. 
Acreage in 
and partii 
bearing. 
Tea Crop] 
Yield per a( 
Binoya 
441 
194,780 
442 
Edinburgh 
362 
188,309 
520 
Priedland 
161 
62,278 
.387 
Mottingham 
221 
105,089 
475 
St. Vigeans 
18,5 
82,358 
445 
1,370 
632,814 
462 
Nonpareil 
5 81 18,235 ) 
I Bt.leaf 4,765 j 
1,451 
655,814 
462 
Binoya 
Edinburgh 
Friedland 
Mottingham 
St. Vigeans 
Nonpareil 
Q © 
a, 
27.44 
29.27 
23.45 
29.88 
31.48 
^.2 
5.34 
6.63 
6.72 
5.52 
6.46 
Working Profit. 
851 16 11 
2,036 0 
545 5 
289 11 
462 2 
29.02 6.03 4,184 16 
— — Loss 697 19 
29.02 6.03 £3,486 17 6 
In the above table the Superintendents' Commission 
has now been included in the cost per lb. of tea, and 
taken into account in arriving at the working profit. 
The deficit in the working of Nonpareil was antici- 
pated, and was provided for when dealing with the 
balance of profit at the 31st December, 1899, the 
Nonpareil surplus in that year being represented in 
the amount carried forward. The reports from Ceylon 
about Nonpareil point to the progress of the young 
tea being quite satisfactory. 38 acres in all have been 
auocessfnlly planted with cardamoms. 
The Directors regret the falling off in the profits 
from the tea-bearing area, but this is attributable to 
the generally unsatisfactory condition of the tea 
market during last year. 
The total acreage of the estates as on 1st January, 
1901, was as follows : — 
£2,984 17 4 
The following table gives the acreage, and results 
for the year ; — 
Acreage under Tea. 
Estate. 
Binoya 
Edinburgh 
Friedland 
Mottingham 
St. Vigeans 
Nonpareil 
441 
306 
161 
212 
185 
36 
(D 
a 
56 
a 
o a 
85 
48 
45 235 
526 
410 
161 
221 
185 
316 
^=3 
O u 
^ 2 
QQ 
tn 
403 
40 
2 
37 
44 189 
929 
450 
163 
258 
185 
549 
1,341 110 368 1,819 44 671 2,534 
In accordance with the articles of Association Mr. 
R S CoKBETT retires from the Board at this meeting 
and, being eligible, offers himself for re-election. 
Messrs. W B Peat & Co., also offers themselves for 
re-appointment as Auditors to the Company. — By 
order of the Board, W H Babtlett, 
London, 22nd April, 1901. Secretary. 
THE ALLIANCE TEA COMPANY CF 
CEYLON LIMITED. 
REPORT OF THE DIRECTORS 
to be submitted at the Annual Ordinary General 
Meeting of Shareholders tc be held at the Com- 
pany's Offices, 9, Fenchureh Avenue, London, E.G., 
on Tuesday, 30th April, 1901, at 11-30 a.m. 
The Directors have pleasure in submitting the Bal- 
ance Sheet and Profit and Loss Account for the 
year ending 31st December, 1900. 
The Nett Profit, after payment 
of Debenture and other inter- 
est for the year, amounts to. . £4,659 15 11 
To which has to be added the 
Balance brought forward from 
1899 ... . . 2,180 18 2 
^6,840 14 . 
