122 THE TROPICAL AGRICULTURIST. [Aug. 1, 1901. 
The yield of Tea largely exceeded the estimate in 
spite of finer plucking during the last thieo mou ths of 
the season, and the cost of production, thoa^h slightly 
higher than last year, is still moderate. The average 
price obtained for the Tea is again lower, owing to 
the unsatisfactory state of the market durine the year. ^ 
The expenditure includes that incurred on New Clear- 
ings, Buildings, and Machinery. 
The total yield was 1,236,272 lb. Tea plucked off 
2,185 acres, being at the rate of 565 lb. per acre all 
round, costing free on board at Colombo 23*92 cents 
or 3'93d per lb. The gross average price of the 
1,220,246 lb. sold in Loudon was 7-51 per lb. 
The crops for the current season owing to finer 
plucking are estimated at 1,188,000 lb. tea, 
The gross average at which drafts were negociated 
was Is 4id per Rupee against Is 4 5-16d in the previous 
season. 
The Directors desire to place on record their appre- 
ciation of the services of their Manager and his staff 
in Ceylon. 
STATEMKNT SHEWING RESULTS OF WORKING FOR 
THE FOUR YEARS ENDING 31ST MARCH, 1901. 
Mr. John Smith, the Auditor, also retires and offer 
himself for re-elecsiun. 
By Order of the Board, ROBERTSON, BOIS & Co., 
Agents and Secretaries. 
12, Fencharch Street, London, E.C., 18th June, 1901. 
SCHEDULE OF THE COMPANY'S ESTATES. 
a -go 
Acres, lb. 
1897- 98 2,041 994,413 
1898- 99 2,081 1,031,782 
1899- 00 2,185 1,209,451 
1900- 91 2,185 1,236,272 
lb. 
487 
495 
553 
565 
O o 
d. 
4-22 
4-12 
3-69 
393 
m CD 
tc 
o cS 
U 
d. 
8-20 
8-71 
7-98 
7-51 
5ai 
aio <u 
Divi- 
dends 
P4 O 
The Profit for the year 
1/3 9-16 
1/4 5-32 
1/4 5-16 
1/44 
amounts to 
To which has to be 
added Interest 
And the Balance from 
last year of 
Interest on the Mort- 
gage Debentures has been 
paid, less Income Tax . . 
Dividends on the 6 per 
cent. Preference Shares 
for the 12 months were 
paid on the 3rd October 
1900, and 3rd April 1901, 
less Tax 
An Interim Dividend of 
1^ per cent, on the Ordi- 
nary Shares was paid, 
less Tax, on the 9th 
January, 1901 
Income Tax to April 
1901 has been paid 
It is Proposed — 
To pay a final Dividend 
of 4| per cent, on the 
Ordinary Shares, making 
6 per cent, for the year, 
which will require, less 
Tax, 
To transfer to Reserve 
(increasing this account 
to £4,500) 
And to carry forward 
to next year the balance 
of 
£13,290 5 11 
132 
952 
11 
-£14,375 4 3 
399 0 0 
5,301 0 0 
1,425 
722 
0 0 
2 0 
4,275 0 0 
1,500 0 0 
753 2 3 
-£14,375 4 3 
The Director retiring on this occasion is Mr Charles 
Fcalierstunliaugh anr], being eligible, he offers him- 
self for re-election. 
full 
ing. 
a 
o ^• 
a ° m 
tn 
a 
a g 
Estates. 
Tea, 
Tea, 
bear' 
Fore 
m 
a 
& 
o ^ 
Total. 
Kirkoswtild 
756 
35 74 
12 
877 
Bridwell 
382 
36 35 
5 
15 
473 
Elbedde 
705 
— 27 
15 
747 
Bogawtina 
342 
26 44 
6 
18 
436 
Total 
2,185 
97 180 
38 
33 
2,533 acr 
PLANTING NOTES. 
Ottert Tea Company.— This Company 
will be wound up shortly and the purchasers 
of the property of the Company ought to 
make a good bargain. 
(5fREEN Teas.— We call attention to the 
weekly report of Messrs. Walker, Lamhe 
& Co. on another page. The quantity of 
Ceylon green teas sent is said to have been 
so insigniticant as not to make it worth 
buyers' while to attend to it. 
A Biological Station for Ceylon.— 
Referring to the appointment of Professor 
Herdman to report on the Pearl Fisheries of 
Ceylon, unofficially announced by us, Mr. Collett 
looks forward to its consummation in that it 
will probably lead to the establishment of a 
Biological station for the island, whither 
students will come from all parts ot the world, 
a station such as is found at Naples today. 
Fees from such students, it was pointed out 
to us, would go a good way towards paying 
for the expense of t^e station, 
" Acacia Decurrens.' — Wejhave pleasure 
in publishing today the letter sent us by 
Mr. A, J. Kellow of Albion estate Nuwara- 
Bliya, giving his experience of growing 
" acaci«, decurrens." His experiment has 
been attended with undoubted success, and 
he thinks the cultivation of this plant could b« 
made a really paying concern if it were 
carried out on a large scale for the pm'- 
pose of export. This could be done by a 
syndicate and the reasonable suggestion is 
made that Government might be asked to 
lease or grant a few thousand acres of 
the patnas in Uva and between Nanuoya 
and Summit Level. 
Manuring Bananas.- Mr R H Elworthy, of 
Priestm'an's River, took 5 acres of his coast lands 
in Portland, red soil which, he states, does not grow 
bananas ; he manured one acre with sheep manure 
and on this acre the bananas made luxuriant 
growth, and came in earliest, but bore small 
bunches of seven and eight hands. On one 
acre rotten coconut husks were dug in, and 
here the fruit came slow, with less stem and head 
growth than the acre with sheep manure, but the 
bunches were larger and fairly good on the 
whole. On the remaining three acres no manure 
was applied, and the bananas grew very poorly, 
producing, when they produced fruit at all, small 
bunches and poor frnit. —Joiirnal of the Dept. 
of Agriculture of Western Australia for June. 
