924 
THE TROPICAL AGRICULTURIST. [June i, 1892, 
not Bee why 80 or 85 million lb. tea should not be 
Bbipped this jear from Ceylon — he should have 
Baid so in the Chamber of v ommerce — a quantity 
which certainly would do as good in the end as 
all the sooner putting an eff ctual check on the 
China trade. However, the actual exports for the 
first quarter do not point to such large figures, 
though we may see a steady advance in the remain- 
ing quarters. — Mr. May is very stri ng on the point 
of keepmg up the quality of Ceylon tea if the tawte 
of Americans is to be captured. Here is a compli- 
mentary paragraph from a letter to me of a 
genOeman conneoted with the Society of Arts : — 
"You Ceylon people are putting the Indian tea 
wallas to shame in respect to Chicago. Your Commis- 
sioner, Mr. Grinlinton, was at the Society of Arts the 
other day. 1 understand that he is going or has gone 
to the States as Secretary of the Indian Committee 
of the Exhibition. I am doing my best to stir up our 
Indian fellows and I hope we shall not be entirely left 
out in the cold.' 
In auoi*\er direction, very satisfactory progress 
is reported : Mr. Whittall, who lately referred to the 
fact that Ceylon tea was evidently becoming better 
known in America, tells me that Russian dealees 
are beginning to give special attention to our teas, 
and that large purchases have lately been made. 
The great drawback is the want of big breaks ; but 
this is gradually being overcome, and it will no 
doubt become an object in the larger fac- 
tories in our higher districts to prepare 
and send home large breaks of fine teas with 
the view of meeting the demand for EuesiA. To 
get a hold of the Eussian tea market would be 
almost a greater advantage to the Ceylon tea 
planters than to capture America, though it is 
best and wisest to fight for both, and for those of 
Austria, Germany, &o., as well. But have the Ceylon 
Tea Fund Committee or'^the Planters' Association 
done anything towards urging the Java tea planters to 
turn their attention to the conversion of their 
own countrymen in Holland as well as the Belgians 
and West Germans? Java teas are coming in in- 
creasing quantities to Mincing Lane. They ought 
properly all to go to Amsterdam. I must see Mr, 
Ernest Tye of the Indian Association on this point. 
CE7L0K TEA COMPANIES. 
You have possibly received the report of the 
" Standard Tea Company of Ceylon " by last mail ; 
but in case not, I send you the copy Mr. Brooke, 
of Messrs. James Hadden & Co., was good enough 
to eend me : — 
The Standard Tea Company of Ceylon, 
(Limited). 
Directors: Alex. Brooke, Esq., 25, Penchurch 
Street, London ; Peter Moir, Esq., East Grinstead, 
Sussex; Robt. Kay Shuttleworth, Esq., Wood End, 
Clithi roe, Lancashire. 
Secretary: A. Trafford Brooke. 
Agents in Ceylon : Messrs. George Steuart & Co., 
Colombo. 
The Directors submit Statement of Accounts to 31st 
December, 1891. 
The Profit and Loss Account shows a profit on 
the working of the St. Leonard's Estate (for the 
ten months from Ist March, from which date it was 
boucht) .£1,G70 7b 9d. 
The results compare favourably with the promises 
in the Prospectus. 
On taking over the Estate there was due to tho 
Vendor, and there has been paid as interest £M5 17s 8d. 
It is proposed to pay a dividend for the 4^ months 
of 1891, at the rate of 10 percent, per annum, free of 
Income Tax, absorbing .t<):>H IHa lid. 
The Eskdalo and Liddosdalo Estates, bought 
from Mr. Norman W. Grieve, are taken over as from 
Ist January, 1892, and promise to be valuable 
properties. 
Balance Sheet at 31bt Decembee 1891, 
Dr. 
To Capital :— 
Auihorieed 5000 Shares of 
£10 each 
First Issue, 700 Shares of 
£10 each 
paid 
1800 Shares of 
£6 each 
paid ... 
Second Issue, 
£50,000 0 0 
.000 0 0 
10,800 0 0 
17,800 0 0 
10,000 0 0 
250 0 0 
3750 Shares .. 28,050 0 0 
Paid Id advance cf Call £130 0 0 
Less iu arrear of Call 26 0 0 
Sundry Creditors 
Sundry Interest on Advances.,. 
Profit and Loss Account ... 
105 0 0 
8,155 0 
1,880 5 
37 13 
1,321 10 
£31,397 8 10 
Cr. 
By Estates foost including extension) ... £30,490 6 0 
„ Cash at Bankers ... ... 495 19 5 
„ Preliminary Expenses ... ... 4O8 4 10 
„ Expi-ndi urf) 1892 Crop ... ... 2 18 7 
Note. -The Superir.tendent of the St. 
Lfoiiards utate certifies that the small 
liabilities incurred by him are covered by 
assets due to, or property on, the estate. 
£31.397 8 10 
Profit and Loss Account, for the Chop Ybab 
Ending 31bt Decembek 1891. 
Dr. 
To Interest paid Vendor of St, Leonards 
estate ... ... 345 17 8 
„ Balance ... ... ... i,324 10 1 
Cr, 
By Net Profit on Sale of Prodnoe 
„ Bark unsold (estimated at) 
£1,670 7 9 
1,620 7 9 
CO 0 0 
£1670 7 9 
Another engagement prevented my being at the 
meeting which, wiih so satisfactory b report, was 
naturally a very pleasant one. Mr. C. H, Hadden, 
whom I had the pleasure of seeing a few days 
before, looking as hearty as he has done any time 
these twenty years back, and Mr. Peter Moir were 
present and could not help interchanging con- 
gratulations on their continued good health. 
Mr. T. 8. GrigBon of Messrs. Geo. Bteuart & Co. 
was naturally gratified over the success of the 
company ho had promoted. [Mr. Grigson is return- 
ing to Colombo earl.v in May with Mrs. Grigson 
and children.] Mr. Norman Grieve was elected a 
Director, and a better one there could not be 
among Ceylon proprietors ; and in this connection 
Mr. Brooke mentioned to me how " KandBpolla" 
mark in spite of a falling market had got a hii;her 
average for its teas — a fact noteworthy in view cf 
recent adverse oriiioism on the latest Ceylon Tea 
( ompany. This reminded me that the Echo City 
Editor had not dealt fairly with the few notes 
I left on his desk in correction of his criticism 
of the " Baring " Company. I referred to the high 
reputation of the Directors and to the fact that 
Wangie-oya is a plantation any company might be 
proud to nave ; but this part is ignored and only one 
item accepted and dealt with (I) as follows :— 
