424 
THE TEOPICAL 
AGRICULTURIST. [Dec. 1, 1903. 
Income Tax) ameunting to £340 10 0. It is proposed 
to write oflf for Depreciation £7(10 0 0. And to 
carry fcrward to next year a balance of £256 15 9. 
Total £1,297 5 9, 
The Estate Crop has been 23G,087 lb. as agaiasfc 
249,382 the previoua year, and has realised gross 6.31d 
per lb. as compared with 5'88rl las', year, showing an 
increase of .43d per lb. The Company's property is 
being planted with Para rubber amoag the lea, with a 
view to augmenting the profits of ths Company in the 
future. Under clause No. 24 of the Articles of Asso- 
ciation, Mr G A Talbot retires on this occasion from 
the Board, and being eligible offers him-',elf for re- 
election. The AuditorF, Messrs Harper Brothers, 
Chartered Accountants, also retire from office, and 
offer themselves for re-election. By order of the Board, 
Wm. JOHNSTON, Secretary. 
London, 3rd November, 1903. 
THE CEYLON AND INDIAN PLANTERS' 
ASSOCIATION, LIMITED. 
SIXTH ANNUAL REPORT, 1902 1S03. 
The Directors beg to submit their reporc and the 
Audited Accounts for the vear ending 30th June, 1903, 
Tea.— The total yield has been 797,663 lb, against 
last year 855,816 lb of made tea, or a decrease of 
58,153 lb. Although the average coat has bten some- 
what higher than last year owing to smaller 
crops, a better market has more than compensated 
for this, and the profit from the group of estates shows 
an increase of £783 lOs 5d. The diminished yield 
appears to be entirely due to adverse weather condi- 
tions which have affected the whole of Cey on. The 
estates are all in good order, and are kept in a proper 
state of cultivation, and will again yield more le;if 
when conditions are favourable. 
Plumbago. — The result of the year's working las 
been satisfactory ; 350 tons have been mined during 
the twelve months. The average sale price has been 
E325 or £21 ISs 4d net per ton, s^id the profit is £i,550 
Os 6d against £1,520 18.s 6d last year. 
TEA ANALYSIS OF YEAR'S AVQRKING. 
a 
1^ 
a -S 
Laxapana 1,021 
806 
21 
c5 <U 
2 
'A' 
MahaEliya 
305 264 35 
St. Andrew's 770 627 — 
Kandaloya 1,006 586 4 
o 
27 52 
Colombo 7*21d 
4-45f? 
30- 19 
Colombo 46-38c 45*28c 
4-83d 
30 08 
Colombo 7-20d 6*213 
4-89(Z 
31- 74 
Colombo 35-67C 34-67c 
5 '08(2 
3,102 
29-42 
2,283 60 Colombo 
4-6Jd 
2 M 
O) as 
a. V 
IB 
to 3 
«3 
Laxapana £2 18 5 397 lb 
Maha Eliya 4 5 0 463 lb 
St Andrew's 1 10 3 280 lb 
Kandaloya 0 8 11 307 lb 
■CO o to 
.j; ^ o 
320,-295 316,6.50 
122,224 130,0(0 
175,276 215,000 
179,808 185,000 
344 500 26-09 
133,000 28-25 
210,000 27 38 
185,000 29-88 
The accounts show that after paying Debenture 
Interest, Preference Dividend, and all fixed charge? 
there is a balance at credit of Profit and Loss of 
£4,275 183. lid. The Directors recommend paying a 
dividend on the ordinary share capital of 5 per cent 
absorbing £2,000, writing off £556 5s. 6d. from new 
machmery ajcount and £816 13s. lid. from extension 
acconnt, anc to carry forward a credit balance of 
£902 193. 6d. to the new y»jar. The Directors desire 
to drs.w attention tc tbe fa'it that, as shown in the 
balance sheet, £6,400 of debenture Stock is deposited 
against a loan from the Agents, and they will be glad 
to receive applications for this amount from debenture 
Stockholders, or Shareholders, so that the loan may be 
paid off. •' 
ANALYSIS OF COSTS F.O.B. COLOMBO, 
si 
A 
cS 
t«f 
<3 
2.98 
.32 
.11 
.08 
.45 
.38 
.19 
.01 
.33 
3.15 
.79 
.23 
2.22 
,58 
.11 
.08 
9.91 
3.31 
1.27 
.76 
.21 
.05 
Superintendence 
Visiting Fees 
House Coolies 
Bungalows 
Lines 
Factories, &c. 
Contingencies 
Fire Insurance 
Cattle Sheds 
Water Course 
Supplying 
Roads, Drains, &c. 
Weeding 
Pruning 
Forking, &o. 
Cost of Manure 
Application of Manure 
Tools 
Stock 
Plucking and Baskets 
Manufacture, Packages, &c. 
Transport to Colombo 
Shipping Charges 
Machinery 
Sundry 
ta 
>, 
P 
O 
'S 
o 
"3 
a 
<J 
a 
<s 
M 
M 
3.06 
o.oO 
36" 
.82 
.2 
,27 
.36 
!40 
.07 
.13 
.08 
.07 
.22 
.63 
,15 
.33 
.38 
.39 
.49 
.73 
.27 
.24 
.32 
.02 
.09 
,03 
.08 
.11 
.36 
.46 
.23 
2..B2 
4.09 
4.77 
.76 
.98 
1.40 
.10 
.15 
•07 
2.67 
2.17 
.49 
.89 
.27 
.27 
.14 
.13 
.05 
10.73 
10.38 
9.64 
4.33 
3.73 
5?64 
1.26 
1.49 
1.85 
•75 
1,70 
.15 
.61 
.24 
.03 
.06 
30.19 
30.08 
31.74 
v.v,^...o^u icuuiu uieir inanKS to Mr 
George Greig and Staff in Ceylon, also to Messrs. 
bknne & Co., Colombo, for the attention given to the 
Company's business during the year. By the Articles 
of Association Mr Thomas North Christie retires from 
the Board, and, being eligible, offers himself for re- 
election. The Auditors, Messrs, Singleton, Fabian & 
Co., also ofler themselves for re-election. Charles 
A . Rbiss & Charles F. Dickinson, Director?. Albin 
B. ToMKiNs, Secretary. 
51, Lime Street. London, 16th Oct., 1903 
£2 1 1 349 lb 797,663 876,050 872,500 
PRODUCE AND PLANTING. 
CENTRAL AFRICAN TEA. 
According to an offlcial report on the British Cen- 
tral Africa Protectorate, the cultivation ol tea has 
been continued, and has received greater attention 
It IS, however, in an experimental stage, and the 
tea produced varies greatly in quality. The quantity 
produced IS only small at present. The tea plantationa 
are confined at present to the slopes of Mlanie 
Mountain, situated in the south-east corner of the 
abire Highlands, Here the average rainfall ia 107 
inches, nearly double that of the rest of the Protec- 
torate. The tea, when brewed, can scarcely be said 
to reach the usual standard of ordin^iry tea • but in 
this respect doubtless improvements will be made 
At present the Mlanje tea would be useful for purposes 
of blending with others, as it possesses a pleasant and 
