April 1, 1904.] 
THE TROPICAL AGRICULTURIST. 
69.3 
Moragalla 
]*onava 
Melville 
Yahalakella 
Cftlifornia 
l')s. av. 
29201) 32 
102200 32 
]9400 32 
80800 32 
26500 31 
Capt.'s Garden 38700 31 
Eilan;!hu 220C0 31 
Kitulakande 
Eila 
Ainaimallai 
Trewarieaa 
Kaglan 
Dnlaliena 
Vilgoda 
KiCcolpatna 
Kp.lupabana 
Kalukurundu- 
Roda 
lbs. 
24800 
21500 
14400 
21300 
av. 
31 
30 
30 
30 
21300 30 
Yatiana 
Castle Hill 
Florida 
Hegalla 
Kosgalla 
Tintern 
Vincit 
Chesterford 
Debatgama 
Kiriniettia 
Glenalla 
Gal I a watte 
4930C 31 
52300 31 
15800 31 
17800 31 
10600 31 
30500 31 
60800 31 
52400 31 
25700 31 
23100 81 
278O0 31 
41400 31 
70000 31 
3100 31 
18500 31 
31800 31 
7800 31 
Kerenvilia 14700 
Riokwood 25000 
Hillside 2300 
Galatura 6900 
K-utherford 50500 
Wilpita 18000 
Romania 24700 
Wavalakande 9600 
Lancefield 22500 
Wilpita 18000 
Kiliin 19100 
Mudamana 20000 
Manangoda 18200 
Patnagalla 17500 
Faddington 11700 
Hurstpierpoint 11300 
Kenilstoce 45000 
FORMER AVERAGES COMPARED. 
HIGH GROWN. 
30 
30 
30 
30 
29 
29 
29 
29 
28 
28 
28 
28 
27 
26 
26 
26 
26 
'96 
97 ' 
98 ■ 
99 '00 ^01 '02 '03 
c 
c 
c 
c 
c 
c 
c 
c 
65 
71 
58 
51 
oy 
00 
66 
57 
52 
51 
OD 
O'l 
04: 
c 1 
51 
81 
74 
55 
57 
Oti 
Oi 
A "7 
4/ 
61 
55 
52 
51 
A Q 
An 
A Q 
50 
56 
47 
49 
50 
AR 
4o 
rO 
58 
51 
50 
51 
AR 
A K 
4s 
57 
48 
46 
50 
A K 
4:0 
4y 
47 
52 
42 
49 
d.^ 
'±o 
4.5 
52 
55 
47 
51 
45 
44 
42 
51 
44 
53 
43 
42 
42 
40 
44 
45 
49 
45 
47 
45 
41 
40 
43 
48 
47 
40 
38 
42 
40 
36 
40 
43 
46 
40 
40 
42 
39 
39 
39 
42 
53 
45 
43 
44 
40 
38 
36 
39 
50 
42 
40 
43 
39 
37 
36 
41. 
37 
30 
30 
A3 
33 
37 
36 
42 
40 
34 
42 
36 
36 
34 
38 
47 
45 
43 
43 
38 
35 
36 
40 
52 
42 
40 
43 
37 
35 
35 
3-i 
49 
44 
38 
42 
35 
35 
31 
35 
45 
39 
30 
39 
37 
34 
38 
41 
52 
40 
38 
39 
34 
34 
36 
39 
49 
41 
33 
40 
35 
32 
39 
47 
41 
37 
40 
35 
32 
34 
35 
. 42 
33 
34 
37 
30 
30 
30 
34 
LOW GROWN. 
. 38 
32 
30 
34 
30 
84 
30 
35 
. 42 
40 
32 
38 
32 
33 
32 
37 
. 46 
40 
34 
38 
32 
32 
34 
37 
. 44 
37 
33 
36 
34 
31 
33 
. 43 
39 
34 
37 
.32 
31 
. 39 
36 
37 
37 
31 
31 
33 
36 
. 43 
40 
38 
37 
32 
31) 
81 
34 
. 34 
32 
32 
38 
30 
30 
29 
35 
. 39 
34 
32 
37 
28 
30 
31 
36 
. 36 
33 
30 
36 
31 
29 
30 
37 
.. 40 
38 
32 
38 
31 
29 
28 
34 
.. 41 
38 
35 
35 
31 
29 
31 
38 
.. 45 
37 
39 
41 
34 
28 
.. 39 
34 
33 
36 
29 
28 
29 
38 
.. 33 
34 
31 
34 
29 
26 
27 
33 
.. 40 
33 
32 
36 
28 
25 
29 
31 
Naseby 
Monkswood 
St. John's 
Agra Ouvah 
High Forest 
Glasgow 
Mocha 
Dunbar 
Middleton 
Queensland 
Glentilt 
Teraplestowe 
Castiereagh 
Tonacombe 
Dunkeld 
Malvern 
Great Valley 
Maha Uva 
Deaculla 
Dammeria 
St. Heller's 
Macaldeniya 
Patiagania 
Dickapitiya 
Harraugalla 
Weoya 
Glencorse 
Vogan 
C:yde 
Cliesterlord 
Kelani 
Farnham 
Knavesmire 
Pjlati g«ma 
Gaiiap^illa 
Torwood 
'ralgaswella 
Arapolakand 
f lunes 
Haidowa 
Eila 
TOTAL YEARLY AVERAGES. 
1896. 1897. 189S. 1899. 1900. 1901. 1902. 1903. 
41 36i 35 33 38i 34 i 34 38 
THE PUTUPAULA TEA ESTATE CO,, LTD. 
RKi'ORT OF THE DIRI'CTORS. 
The acreape of the Eatate is as follows : — 
Tea in full bearing ... 461 acres 
Auiongat which 25,500 Rnbber trees 
are plauted and are 2/3 years old... 
Para Kubber 2/11 years old ... 66 „ 
Jungle Grass Waste land ... 180 ,> 
707 
The Directors beg to submit to the Shareholders 
the accounts for 18 months ending Slat December 1903, 
In future these will be closed at 3lst December 
instead of at 30th Jane as hitherto. The Tea crop 
secured was 243,397 lb against estimate of 250,000 lb. 
costing 25 27 cents netting .S4'35 cents per lb np to 
date. For 12 months to 30th June 167,857 lb cost 25'07 
netted 33 73. 6 months to 31st December 75,.540 lb 
cost 25 74 netted 3612 up to date. Account Sale of 
the last invoice of 15,540 lb shipped to London has still 
to be received. Included in the above costs are R5,900/- 
ppent on manure and burying prunings with Basic 
Slag, with which 224 acres were treated. During the 
current year it is intended to manure 150 acres and 
to initiate a still more systematic and higher cultivation, 
2,072 lb of cured para rubber were secured and out of 
whicii l,li8 lb have been sold up to date and realised 
nett in London the equivalent of R2'98 per lb. The 
quality of this is? reported by the Lmdon Brokers to 
be escellent. The cultivation of rubber has passed 
out of the experimental stage aud has proved to be a 
gieat success. Shareholders will note with satisfaction 
the valuable addition to the asBets they have in 
the possession of approximately 40,000 trees 2 years 
and upwards in age. 'The profit and loss account shows 
after payment of Directors, Agents, Auditor's fees. 
Interests, Bonus to Superintendent, and Depreciation 
on Buildings and Machinery, a credit of R14.869"81. 
At 30th June an interim dividend of 2 per cent was 
paid, absorbing E4,000/.and the Directors now re- 
commend that the balance be appointed as follows ; 
— To be added to reserve account R2. 500, Inpayment 
of a final dividend of 4 per cent R8,000, 'To be carried 
forward to next year R369-81.— Total R10,869'81. 
The tea estimate for 1904 is 200,0001b made tea 
or 430 lb per acre, to cost 25'39 cents, inclusive of the 
cost of manuring 150 acres and burying prunings with 
Basic Slag in 200 acres, The Rubber estimate is 
2,240 lb to cost 90'17 cents per lb and it is expected 
about E2,380 will be realised from sale of seeds and 
plants. In terms of the Articles of Association 
Mr. Gordon Spence retires from the Board, but is 
eligible for re-election. The appointment of an Auditor 
for the ensuing year rests with the Meeting, 
THE NAHAVILLA ESTATE CO., 
THE ANNUAL REPORT. 
LTD. 
Directors: E S Grigson, Esq., Gordon Pyper, Esq 
Agents and Secretaeies : Messrs George Stena'rt 
The Directors beg to present their Report and 
Accounts for the year ended Slst December, 1903. 
Accoruing to a general wish expressed at the last 
Annual Meeting of Shaieholders, a Mortgage Redemp- 
tion Account has been opened, and E14,0U0 placed 
o creait from this year's piv.fics. The usual R7,50O, 
htas also been placed to Depreciation Account ; ' and 
after payment of Interest on Mortgages, Superin- 
tendents' Bonuses, and other char^'es, there remains 
a balance of E25,)40-46 at credit of Profit and Loss 
Account. The Directors propose to pay a Dividend 
at the rate of six per cent on the paid-np Capital of 
the Company. This will absorb R23,790 00, and the 
balance, after piyraent of Directors' Fees, they pro- 
pose to carry forward to next Season. The Working 
Acccuut shows to advantage this year compared with 
last, the surplus of revenue over expenditure being 
.1x61,417 89 against R45 440-69 last year. The amount 
of the Tea Crop was about the same, namely, 
