Jan. 1, 1904.1 
THE TROPICAL 
AGEICULTURIST. 
491 
UEYLON GREEN TEAS GEANT, 1903. 
Kandy, Jan, 5. 
Memo of payments made as at Slat December, 
1903, uuder the Ceylon Green Teas Grant, 1903. 
lb. 
4.227 
7,695 
3,933 
4,575 
11,360 
19,165 
6,533 
9,001 
7,6ti5 
12,004 
3,097 
10,099 
9,854 
34,786 
10,300 
5,493 
8,425 
7,675 
4,906 
10,380 
4,760 
6,881 
6,584 
10.114 
2,340 
18,835 
11,400 
10,005 
3,108 
10,312 
30,386 
9,710 
1,883 
7,341 
1P,3U0 
13,555 
5,494 
8,466 
4,080 
6,310 
36,288 
5.285 
1,754 
4,026 
10,380 
5,733 
11,600 
5.095 
i;020 
10,360 
10,000 
6,394 
6,010 
3,346 
878 
4,900 
4,990 
560 
4,990 
7,876 
21,240 
85,176 
3,512 
Eatate. 
Devituiai 
Eutherfoid 
Oaklands 
Ayr 
Chesterford 
Siddewatte 
Polpitiya 
Polpitiya 
Polpitiya 
Brunswick 
Farnham 
Carolina 
Carolini 
Kirriwaua 
Yataderia 
Bayigam 
Sannycroft 
Runawella 
Dooroomadella 
Zataderia 
Clyde 
Udabage 
Claremont 
Ingoya 
Piccadilly 
Siddewatte 
Snnnycroft 
Knavesmire 
Deviturai 
Pambagama 
Kirriwana 
Sannycroft 
Maskeloya 
Maldeniya 
Yataderia 
Arapolakande 
Eotherford 
Carolina 
Hanwella 
Ella Oya 
Kirriwane 
Chesterford 
St. Leonards-on 
Udabage 
Yataderia 
Rayigam 
firnan 
Ayr 
Ellakande 
Sannycroft 
Troy 
Vincit 
Mudamana 
Madaraaiia 
Madamana 
Dewalakande 
Dewalakande 
Dewalakande 
Dewalakande 
Perth 
Moray 
Kirriwana 
fleeloya 
Greeu leas. 
R 
e. 
do 
126 
81 
do 
230 
85 
do 
117 
99 
do 
137 
25 
do 
340 
80 
do 
574 
95 
do 
195 
99 
do 
270 
03 
do 
229 
95 
do 
360 
12 
do 
92 
91 
do 
302 
97 
do 
295 
02 
do 
1,043 
58 
do 
309 
00 
do 
164 
79 
do 
252 
75 
do 
230 
25 
do 
147 
18 
do 
311 
40 
do 
142 
80 
do 
206 
43 
do 
197 
52 
do 
303 
42 
do 
70 
20 
do 
565 
05 
do 
342 
00 
do 
300 
15 
do 
93 
24 
do 
309 
36 
do • 
911 
58 
do 
291 
30 
do 
41 
49 
do 
220 
23 
do 
309 
00 
do 
406 
65 
do 
164 
82 
do 
253 
98 
do 
122 
40 
do 
189 
30 
do 
1,088 
64 
do 
158 
55 
Sea do 
52 
62 
do 
120 
78 
do 
311 
40 
do 
171 
99 
do 
348 
00 
do 
152 
85 
do 
30 
60 
do 
310 
80 
do 
300 
00 
do 
191 
82 
do 
180 
30 
do 
166 
33 
do 
26 
34 
do 
149 
70 
do 
149 
70 
do 
16 
8C 
do 
149 
70 
do 
236 
28 
do 
637 
20 
do 
1 055 
28 
do 
105 
36 
R17,287 20 
576,240 lb. at 3 conta per lb. 
10,394,341 lb. (Total aa per previona 
statement, 15th December, 1903) R3S1,830 23 
LOCAL COMPANY SHARES. 
We direct attention to the quarterly table 
given elsewhere showing the rise and fall in the 
value of shares during the past three months of 
48 Planting and 14 Commercial Companies 
locally registered. Leaving the Seremban 
Rubber and Soluble Tea Companies, which 
are quoted for the first time, out of view 
7 of the Planting Companies show a falling, 
off, and 24 a rise, in the value of their 
shares, while 15 have remained st.^tionary 
the net result being an appreciation by 
K543,132 as compared with the aggregate 
value on 30th September last. Of the Com- 
mercial Companies, 4 show a falling off and 
6 a rise, the rest remaining stationary, the 
net result being an appreciation by K5,120 
during the quarter. The fluctuations during 
the year may be seen from the following 
quarterly totals : — 
PLANTING COMPANIES. 
Face Value of Market Value 
Shares. 
of Shares. 
1903. 
K. 
R. 
Slsfc March 
15,245,240 
14,781,915 
SOthJune 
15,247,240 
15.003,472 
oOtb September .. 
15,251,240 
15,495,500 
31st December .. 
16,076,240 
16,705,382 
COMMERCIAL COMPANIES. 
31st March 
3,851,020 
5,459,640 
30th June 
3,851,020 
5,374,880 
.''Oth September .. 
3,851,020 
5,234,510 
31st December .. 
3,851,020 
5,239,630 
It is noteworthy that while the shares of 
the Planting Companies have been steadily 
rising in value every quarter, those in the 
Commercial Companies have made a slight 
improvement in the last quarter only. We 
hope our next comparison may show better 
results in every way. 
10,970,681 lb. R399,117 43 
The number of lb. paid on since the l8t January, 
1903, ia 11,119,676 lb., including 149,095 lb. Ceylon 
Qreeu Teas Grant, 1901-1902 Scheme paid in 
January, 1903. 
E. & 0. E. A. Philip. 
(J3 
CINNAMON— AND COMMERCE— IN LONDON. 
The home mail has brought details of the 
fourth quarterly sale of Cinnamon held 
in London on the 30th November. The 
final sale of the year is generally a big 
one, and leads to spirited competition. 
This year was no exception to the rule* 
and though a thousand Bales, as the quarterly 
average quantity offered, is a poor show, 
when our exports total 28,000 Bales and 
more a year, the offerings were much the 
same as had been recorded for the corre- 
sponding sale last year and— we fancy— for 
many years past. They are but an index ot 
the loss of trade — in spices, at any rate — 
which London has sustained since the open- 
ing of the Suez Canal. The great commercial 
capital of the United Kingdom— may we 
not yet say of the world ? — is no longer 
the sole great distributing centre it was. 
Foreign merchants have established them 
selves, in growing numbers in the producing, 
countries, and find no ditiiculty in shipping, 
their purchases direct to continental ports 
and though the impei'ial sentiment may 
lament the intrusion of the foreigner, British 
common-sense realises the absurdity of ex- 
pecting the practical monopoly of trade ii^ 
