Junk 1, 1900.1 THE TEOPICAL AGRICULTUEIST. 
83l 
upkeep of 264 acres Tea not in bearing, and the 
planting of a new clearing of eight acres. 
The following table shows the results of the 
working of the different Estates for the past year :— 
Estate. 
Acreage in ji, 
bearing in g 
1899. O 
Full. Partial. H 
lb. 
^§2 
!»• S 
> <D t 
lb. 
Park 
Portswood 
Naseby 
Pedro 
Concordia 
2-32 22 
300 20 
125 66 
34-5 104 
280 80 
Court Lodge 302 66 
Hethersett . . 367 25 
168,390 
194,663 
98,188 
284,465 
192,176 
175,024 
213,969 
638 
608 
514 
603 
533 
475 
545 
HI <a 
ft N . 
^ = rQ 
(U CU J< 
d. 
9-41 
8- 15 
7-95 
6- 24 
9- 70 
9-01 
7- 95 
Profit 
per 
beariog 
acre. 
£ 8. d. 
14 6 
8 15 
4 17 
10 10 
10 6 
8 11 
7 11 
10 
1 
1 
11 
0 
y 
0 
1,961 383 1,326,875 566 8-62 9 8 5 
The yield from Tea in full bearing was 6051b. 
per acre, and that from Tea in partial bearing 
was 362 lb. per acre, as compared with 545 lb and 
2921b, respectively in the previous year. The 
improvement, as compared with 1898, was due, 
in part, to more favourable weather. 
The acreage of the Company's properties as on 
lat January, 1900, was as follows : — 
Acres, Acres, 
Tea in full bearing 
leased lands . , 
,, partial bearing 
leased lands 
not yet in bearing 
1,922 
90 
373 
222 
Total land under cultivation with 
Tea 
Jungle, Patna and Scrub, and 
Fuel Trees, Ac. 
2,615 
432 
3,047 
Mr, W Migginson, who has been in Ceylon 
since* December last, has reported specially upon 
all the Properties of the Companv, and the 
Directors are pleased to be able to state that the 
Estates are in excellent condition and responding 
in a satisfactory manner to careful and syste- 
matic work, ... 
The Directors desire to express their satisfaction 
with the work of the entire Planting Staff during 
the season. 
The whole of the Shares of the Company are 
now officially quoted on the London Stock 
Exchange. 
_ -0. — — 
CEYLON TEA PLANTATIONS COMPANY,LD. 
ANNUAL REPOKT. 
Eeport of the Directors submitted at the thirteenth 
annual ordinary general meeting of shareholders, to be 
held at the Office of the Company, on Wednesday, 
25th April. ... 
The Directors have the pleasure to submit the 
general balance sheet and profit and loss account 
for the year ending 30th December, 1899, duly 
audited. 
The net amount at credit of Profit 
and loss account, including 
balance brought forward at 31st 
December, 1898, and after provid- 
ing for General Expenses, Direc- 
tors' Fees, Income Tax, &c., is . , 
Dividends on the 7 per cent. Pre- 
ference Shares \veve paid for 
1899 (less Income Tax) amount- 
to • » • • 
d. 
51,971 16 2 
5,486 16 0 
An Interim Dividend of 7 per cent. £ a. d; 
6a the Ordinary Sharse was paid 
28th October, 1899, amount- 
ing to .. .. 11,716 12 d 
It is proposed to pay a final Divi- 
dend of 8 per cent, on the Ordi- 
nary Shares (making 15 per cent, 
in all, free of Income Tax) which 
will absorb .. ... 13,390 8 0 
To pay a Bonus of 3 per cent, on 
the Ordinary Share Capital (free 
of Income Tax) which will 
absorb .. .. 5,021 8 0 
To add to Beseve Fund ... 5,000 0 0 
To write off for Depreciation .. 5,000 0 0 
And to carjy forward to nest year 
a balance of 
6,356 12 2 
£51,971 16 2 
Since the incorporation of the , Company the pro- 
duction of Ceylon tea has risen ifrom 13| millions 
to 130 million lb. per annum. Notwithstanding this 
great increase, and the continued fall in the price 
of tea, the Directors are again in a position, for 
the thirteenth consecutive year, to recommend to 
the ordinary shareholders the usual dividend of 15 per 
cent., and in addition a bonus of 3 per cent. 
It is proposed to write off for depreciation the 
sum of £5,000, and to add £5,000 to the Reserve 
Fund, which will then amount to £100,000, and to 
carry forward £6,356 123 2d. 
The yield of tea was 485 lb. per acre as against 
460 lb. the previous year. 
The crop for 1899 was as under 
Estate Bought Leaf Tea manufac- 
Tea.. Tea, turedfor Total. 
othersi 
lb. lb. lb. lb. 
8,973,820 566,664 517,663 5,058,147 
The gross price realised for the Company's tea 
sold in London was 8-lOd as against 8 24d in 
1898, and the average rate of exchange la 4 19-64d 
compared with Is 4 3-16d the previous year. 
The coconut crop gave an increase of 236,323 nuts 
over previous year, and the crops for the last four 
years have been as under : — 
Years. 
1896 
1897 
3898 
1899 
Enclosed with this report 
ment showing the results of 
thirteen years, together with 
of the Company's properties. 
The Directors would again 
satisfaction with the services 
Loudon and Ceylon. 
Coconuts. 
No. 
875,570 
1,209,980 
1,180,520 
1,416,843 
will be found a State* 
working for the last 
a schedule of acreages 
desire to express their 
of the staif both in 
ALLIANCE TEA CO. OF CEYLON, Ll'B. 
REPORT OP THE DIRECTORS 
Keport subshitted at the annual general 
meeting of shareholders, to be held at the Com- 
pany s Offices, 9, Fenchurch Avenue, London, 
-fu Wednesday, 25th April, at 11-30 a.m. 
J. he Directors have pleasure in submitting the 
balance sheet and profit and loss account for the 
year ending 31st December, 1899. 
The Nett Profit, after payment of De- 
benture and other interest for the 
year, BiiQOuat? to ,., 
£ e. d. 
7,991 i I 
