62G 
THE TROPICAL AGRICULTURIST. 
[March 1, 1902. 
THE KNAVESMIRE ESTATES CO., LTD. 
The Riirplus on Revenue and Expenditure e.coount 
is E27,567 G7 to which has to be acldecl the balance 
(R6508'63) carried forward from season 1900. 
The Profit and Loss Account after Providing for 
Depreciation, Superintendent's Commission, irrecover- 
able Cost Advances and other outgoings shows a 
balance of R'24,863'66, out of which the Directors 
propose to pay a dividend of 4 per cent. That will 
absorb B16,600, and leave, subject to the payment 
of Directors' fees, a sum of R8,263'G6, of which they 
propose to place R4,614"46 to the Extensioa account 
and to carry forward the balance to season 1902. 
The Extension account when increased as above 
will stand at R22,121 18e, which is the difference 
between the capital of the Company (R41S,000> and 
the amount invested in Landed Property, Buildings 
and Maohnery (R437,121 18o.) 
The profit earned represents a return of 6'64 per 
cent on the capital of the Company, and is equal 
to R56 72c per acre on the area in bearing, asastainst 
5'90 per cent and RSO 40 per acre respectively in 1900. 
The total crop secured was 285,953 lb or 14,047 lb 
beloiv the estimate. The plucking area was 486 acres 
and the yield per acre 588 lb of made Tna. The 
total amount of Tea dealt with was 314,401 lb 
which included 28,448 lb made from bought leaf. 
The difference between the 19u0 and 1901 crops 
may be accounted for partly by finer plucking and 
partly by a bad flushing year as against an excep- 
tionally good one in 1900. 
The Tea sold to end of December was 268,653 lb, 
the nett proceeds of which equalled 29-24o per lb 
leaving unsold 45,748 lb which has been estimated 
to 3Cc per lb. 
Including the cost of Tea made from bought leaf, 
the twelve months" crop was put on the market 
for 20 68c per lb. 
The Company's [property on 31st December 1901 
consisted of : — 
Tea in bearing 486 acres 
Tea not bearing .... 30 do 
Jungle ... 73 do 
Building and waste land.. 5 do 
Total ..... 594 acres 
The crop expected in 1902 is 300,000 lb. and 
the estimated cost is 20'60 cents inclusive of capital 
outlay. 
Plnmbago mining was stopped on 24th May last, 
the Syndicate which leased the mining rights hav- 
ing decided to give the work up, and no one has 
siuceoome forward to carry it on. Cwt 440 were shipped 
to London by the Syndicate, but the consignments 
have not yet been realized, and the company has not 
received its share of the proceeds. 
In terms of the Articles of Association Mr Dupuia 
retires from the office of Director, and is eligible 
for re-election. 
The appointment of an Auditor for 1902 rests with 
the Meeting. 
THE TONACOMBE ESTATES COMPANY 
OF CEYLON, (LTD.) 
THE REPORT. 
ACREAGE 
The acreage of the Company's Estate.? is as 
follow.s : — 
Tea in bearing 
Tea not in bearing 
582 acres 
Tea seed bearers 
Cardamoms in bearing 
Reserve Forest 
Fuel treeH 
Cbena and Patana 
693 acres 
98 
24 „ 
20 „ 
1,142 
The total quantity of tea secured daring the season 
was 224,133 lb. being 5,867 lb. short of the Estimate. 
-Lflis IS mamly due to finer plucking and in its turn 
accounts for the somewhat increased cost of production 
' 26 50 cents per lb. as compared with 24-98 cents 
per lb. last season. The price realised was 37-84 
cents per lb, net as against 38 01 cents per lb. last 
year. ' 
The total Cardamom crop was 9,587 lb. which 
realised Rl-48 per lb. net as against El-70 per lb. last 
year. 
The total expenditure amounted to R68,577-0]. No 
outlay whatever was incurred on Capital Account. 
The Balance available, after providing for deprecia- 
tion, including E7,.555-37 brought forward from last 
beason s Account, amounts to R29,309.74, and the 
Directors propose to pay a dividend for the year at the 
rate of 5 per cent on the paid up Capital of the Com- 
pany absorbing K14,000, to write off the balance Rtand- 
ing to the debit of Machinery Account R2 3 5-3G to 
place E8,000 to credit Buildings Account and' to 
carry forward R5,004 38. 
The Directors have pleasure in stating that the 
Debenture Debt has been further reduced by f l,5iiO 
during the year, leaving the amount now outstanding 
under this head at £3,500. 
The Coast Advmces have been slightly increased 
durirg the year under review, from Es 2,955-16 on 31st 
December, 1900, to Rs 3,31978 on 31st December, 
The Crops for 1902 are estimated at 230,000 lbs 
Tea^, 8,0011 lbs Cardamoms against an expenditure of 
Bs 68,799 20. 
Mr H Cumberbatch resigned his seat on the Board 
on leaving the Island, and Mr R S Templet was ap- 
pointed to fill the vacancy. 
Of the Directors the Hon Mr WH Figg retires by 
rotation but is eligible for re-election. 
The appointment of an Auditor for the current 
year will rest with the Meeting. 
THE TRAVANCORE CARDAMOMS 
ESTATES COxMPANY (LLMITED.) 
A trading' corporalion under the above name has 
been formed, with Mr S Iyer, ex-Dewan, as Pre- 
sident, Mr E R Iyer as Vice-President., Mr A V 
ll^^ I"^ Secretary. The capital at present is 
22,0 Or., consisting of 200 shares, and the area 
taken up for cultivation is 290 sxcres.— Chemist 
(jna Druggist, Feh. 1. 
Total 1,877 acres 
Indian Patents.— No. 493. -^Horace Drum mend 
Deane, tea planter, of Stagbrook tea estate 
Peermaad, Travancore, and Charles George Land- 
seer Judge, journalist, of 47, Free School street 
and No. 5-1, Council House street, iu the town of 
Calcutta, both in British India. A centiifuo-al 
drier for steamed tea lea,l.— Indian and Easttrn 
Engineer, Feb. 
Rubber Planting.— Ceylon Planters in 
the few suitable districts, are awakening more 
and more to the fact that by the adoption 
of rubber-planting they can considerably 
augment the value of produces of their 
estates. The Knavesmire Company at its 
arnual meeting today, on the motion of 
Mr Denison, gave a mandate to its Direc- 
torate to proceed with the planting of rubber 
at their own discretion. Already some three 
or four thousand plants are flourish in o- on 
the estates of the Company, and we trust 
that ere long many of our planters may findin 
this new venture a valuable and remunera- 
tive product. 
