318 
THE TROPICAL AGRICULTURIST. [Nov. ], 1901. 
EEPORT. 
The Directors beg to present their Report for sea' 
son ended 30th Jnne, 1901, together with the audited 
ftcconnts for the same period. 
The Cocoa Crop amounted to cwt. 324-0-12, and 
Bold at an average of about R44'17 per cwt. The 
eBtimate was cwt. 400. 
The Tea Crop secured, including about 7,600 lb. 
from bought leaf, was 86,229 lb. and sold at an average 
of about 25ots. per lb. The estimate was 81,000 lb. 
The profit for the year after charging all expendi- 
ture to Revenue Account is E3,410'86, which, how- 
ever, disappears and becomes a deficit of about R4,000 
when interest. Directors' Fees, Secretariat. &c. are 
brought into the reckoning. 
The future outlook from an agricultural point of 
Tiew is satisfactory. Young fields are coming into 
bearing, and there will be no mo-e Capital Expen- 
diture, with the exception of the cost of additional 
withering room to meet the increase of the crops. 
The monetary position of the Company, however, is 
embarrassing, and the Directors beg to invite the 
Shareholders to come forward and assist them in 
placing the finances on a good sound basis. This ia 
the most important busineps before the Company at 
present, and it is hoped that Shareholders will not 
neglect this opportunity of providing the necessary 
help. 
The estimated Crops for the coming year are 400 
cwtB. of Cocoa and 120,000 lb. of Tea against an ex- 
penditure of R36,895-01. 
The acreage of the property as at present culti- 
vated is 
Cocoa^lanted in 
do 
do 
Tea in full bearing 
do planted in 
do do 
do do 
1893 
1894 
1895 
1898 
1896 
1897 
1898 
72 acres. 
85 „ 
56 
10 
223 acres, 
119 acres. 
24 
100 „ 
75 
318 acres. 
accountable — namely the finer plucking resorted to ia 
consequence of the depression of the market and the 
unusually severe and persistent attack of belopeltis 
which has visited the estate. The Superintendent is 
now taking further measures in order to try and cope 
with this pest which he hopes will be succebslul. 
The result of this combination of low prices and 
short crop and the necessary consequence of enhanced 
cost of production is a loss of E4,096-65 on Kanan- 
gama's working for the season. Eila has made a profit 
of Rll, 712-73 and a matter of congratulation is that 
the young tea has come on well and will in time be the 
finest tea on the estate. 
The nett profit for the season is R779-54, which the 
Directors propose to carry forward to the next sesson'a 
account. 
The Estimates for the current season provide for a 
crop of 367,050 lb. Tea at a cost of R78,bl5 65 which 
the Superintendent considers he will be able to 
work to. 
The Estates of the Company now consist of : — 
Eila ... 626 acres 5 years old and upwards. 
90 do 4 do 
240 do Forest. 
956 acres. 
Eanangama ... 215 acres. 5 years old and upwards. 
108 do Forest. 
323 acres. f 
During the year Mr H G Bois was elected to the 
Boards of Directors in place of Mr F "W Bois who has 
left the Island. 
Mr G F Walker retires in accordance with the Arti- 
cles of Association, but being eligible offers himself for 
re-elction. 
It will be necessary to appoint an Auditor for 
eason 1901-1902. 
Total in cultivation 541 ., 
Jungle .. .. 180 „ 
Grass . . . . 3 „ 
Total acreage 724 „ 
Mr. Gordon Pyper having been appointed Managing 
Director for a term of years, Mr. Edmund Jeffries 
only retires from the Directorate by rotation, but he 
is eligible for re-election. 
An Auditor has to be appointed for the current year. 
The appointment rests with the meeting. 
EILA TEA COMPANY OP CEYLON, LTD. 
THE REPORT, 
The Directors herewith submit their Report and 
Accounts for the year ending 30th June. 
The crop on Eila estate was 244,775 lb. against an 
estimate of 281,500 lb. and on Eanangama estate 88,668 
lb. against an estimate of 135,OU0 lb. 
The average price of the tea, which has all been 
realized, was '24'16 cents per lb. as against 30 38 for the 
previous season and the cost of the same was 22 83 cents. 
During the year a further instalment of £500 
was paid to the Standard Assurance Company, in 
reduction of their loan per £7,000. The amount now 
standing is :£5,500. 
The Directors have great regret in reporting the low 
prices which the Company's teas have fetched during 
the season, especially as every effort has been made to 
maintain them by finer plucking than has been hitherto 
customary. This however is the experience of practi- 
cally all tea estates. The crop on Kanangama turned 
onl very short of the estimate, for which two facts are 
Australian Eucalyptus Timbers.— The 
Journal of the Society of Arts, for September 6tb, 
contains interesting informationabout the Austral- 
ian Hard Woods of commerce. The " Jarrah" 
(Eucalyptus marginata, Sm.) is the principal 
tree in the forest.s of Western Australia and 
attains a diameter of 2 feet in 40 or 50 years. It 
grows besi in that part of the country upon which 
the heaviest rains of the season fall. The wood 
which is very hard resists the attacks of Che'.uva, 
Teredo, and termite and in consequence of this 
property may exist in an almost perfect condition 
of preservation ior nearly 100 years. Such a 
wood can be used to advantage in the construc- 
tion of houses, harbours, bridges, etc. The "Karri" 
(Eucalyptus diveisicolor, F Muell,) often known 
as the " white f;um," comes a good second to 
" Jarrah." When mature the trees are of straight 
growth and tower skywards for great heights 
without branching. It is not unu.sual to fell 
trees 200 feet in h<aght. This species grows well 
in the humid portions of the temper^ie region of 
West Australia where the annual r anfall is from 
30 to 40 inches. The wood is e.\-ieusively used 
for stieet blockii g and in the paving of t;he 
London streets a very large quantity has been 
used. In the Perodeniya Gardens, there are half 
a dozen species, including " Karri," '• Iron bark," 
and the " Lemoa scented gum tree." In the 
Hakgala and Nuwara Eliya districts there has 
been a, recent importation of "Eucalyptus roLusta." 
