4-8 
THE TROPICAL AQRICULTURIST 
[December i, 1890 . 
business of the Ceylon Planters’ American Tea Com- 
pany, Limited, of Ceylon. Agents are appointed to 
carry on the business of the company, each of whom 
is financially interested in the welfare and success of 
the company. This is in accordance with the scheme 
favoured by Bx-Mayor Hewitt at the meeting of the 
Iron and Steel Institute. He said: ‘It should be a 
matter of congratulation that the formation of trades 
unions contemporaneously with the rapid growth of 
large corporations whose stock is divided into such 
small shares as to admit of easy distribution clears the 
way for the new era when every self-respecting 
workman will insist upon being an owner, and every 
well-managed corporation will see that its workmen 
are directly interested in the result of the business. 
To effect this desirable end no compulsory legislation 
and no addition.s to the powers of corporations are 
needed.” 
And the advertisement displayed on a big scale 
in the paper is as follows : — 
“ The Ceylon Planters’ Tea Company, trading under 
the auspices of the Planters’ Association of Ceylon, 
want representatives everywhere on the co-operative 
plan. Responsibility and good standing required. 
Address: 4 East 22nd Street, New York.” 
^ 
BARK AND DRUG REPORT. 
(From the Chemist and Druggist.) 
London, Oct. 9th. 
Cinchona. — The supply offered at Tuesday’s auctions 
was somewhat in excess of the average of recent sales. 
It consisted of 
Packages Packages 
Ceylon bark 
1,561 of which 1,458 were si 
East Indian bark 
403 
do 
385 
do 
Java bark 
62 
do 
62 
do 
S. American bark 
970 
do 
503 
do 
W, C. African bark 
1 
do 
1 
do 
Total 
2,997 
do 
2,409 
do 
It was believed in some quarters that the sales, in 
sympathy with those held in Amsterdam last week, 
would exhibit a dull tone with an easier tendency, but 
such was by no means the case. Prom the outset the 
competition was strong, and as the sales proceeded the 
demand improved, and the equivalent of the preceding 
sale’s rates was willingly paid. The unit is generally 
placed at Igd to IJd per lb. a few parcels even reacting 
the twopenny unit. There was a very considerable supply 
of Succirubra bark from Ceylon, and a few lots of fine 
renewed chips and shavings realised extreme values. 
Ledger barks were poorly represented ; but there was 
a very good show of Officinalis chips from India and 
Ceylon. Cultivated South American Calisaya, too, was 
unusually well represented, over 25 tons of it being sold 
at steady rates. Altogether the extraordinary proportion 
of 92 per cent of the supply offered was sold. 
Essentiai. Oils.— F or Citronella Jd per oz. is required 
but perhaps fd would not be refused. 
London, Oct. Kith. 
Arkc'A Nuts romaiu very scarce and dear. Ten bags 
of good sound seeds were shown today, and bought in 
at 45s per cwt. 'The owner, we believe, would take 39s 
per cwt. 
Coca Leaves.— The recently reported arrival of 110 
packages ‘‘ cocoa leaves ” appears to have been entered 
in mistake at the CustomB, and does not seem to 
exist. At today’s auctions, 20 cases Java coca loaves, 
which have been offered several times previously, were 
bought in at 6d per lb. nominally. An offer of 1yd per 
lb. was made for the whole parcel, which consisted of 
ordinary dark crushed leaves, but it could not bo ac- 
cepted. For 3 bales South American leaves, fair but 
rather broken palish green, good flavour, the price is Is 
Id to Is 2d per lb. 
CnoTON Skedh.— O f a parcel of 30 bags from Colombo, 
advertised for .sale, no samples were shown. 
Essentiai. Oils. — C itronella oil quiet, but steady. We 
call the nearest spot quotation Jd per oz. while for 
arrival, fair uativo oil offers at lljd per lb. c.i.f. 
terms. A sale of 100 cases Lemongrass oil is re- 
Ijorlod at Ifd c.i.f. l>or oz fo,r arrival, the nearest spot 
price being IJd per oz at which tho article is very (inn. 
(QUININE.— The shilling limit has again been touched 
this week. 20,000 oz. second-hand German bulk having 
changed hands at that limit, but since then and 
12Jd has been paid on tho spot, and tho market closes 
steadier, with buyers at tlic latter figure. A sale of 
10,000 oz. .(amiary-Marcb at 12jdto 13d (secoui! hand) is 
also reported. 
MEETING OF THE SUB-COMMITTEE OP 
THE C. T. ASSOCIATION, 
Mebbes. Grinlinton and Rogivue Give Accounts 
OF THEIR Missions. 
{From Our London Corresi^ondent.) 
London, Oct. 17tb. 
On Wednesday last a meeling of the members of 
the Sub Committee on tea, and others, was held at 
the rooms of the Ceylon Association in London to con- 
sider further steps in regard to tie weighing of tea, 
and to hear reports by Messrs. Grinlinton and Rogivue 
cn their respective missions to the United States and 
Russia. The following were present: — Mr. J. L. 
Sband in the chair, and Messrs. H. K. Rutherford, O. 
Shand, A. Brooke, T. Dickson, J. Stretob, T. Gray, 
L. Davidson, A. S. Pagden, c. c. s., J. Anderson, A. 
Ross, J J. Grinlinton, C. Rogivue, Esdaile, represen- 
tatives of Messrs. Geo. White & Co., Messrs. Gow, 
Wilson and Stanton, Messrs. J. and H. Thompson & 
Co., Mr. J. Capper. 
The Chairman reminded the members of the 
Tea Committee of the appointment of a Sub- 
committee to confer with the members of the In- 
dian Tea Association in reference to the recent 
Customs Order as to the weighing of tea, and 
its suspension. After conferring together, mem- 
bers bad arrived at the conclusion that it would be 
more advisable to address themselves on this subject to 
the Lords of tho Treasury than to the Customs authori- 
ties, and if this were approved by the General Com- 
mittee the course would be adopted. A resolution to 
this effect having been carried, the Ohairman said that 
they would now pass to the next subject before them, 
the pushing of Oeylon Tea in America; and, as Mr. 
Grinlinton was present, they would bo happy to listen to 
wbat he had to tell them in regard to his proceedings 
whilst in the United States as the representative of the 
Ceylon American Tea Company. 
Mr. Grinlinton then addressed the meeting on the 
subject of his mi.ssion to America, in terms and in 
substance pretty much as I have related in my previous 
letter. He reminded them that he had gone thither in 
the first place on private affairs connected with his 
family, and took the opportunity, whilst there, of 
arranging for the final settlement of the negotiations 
between the Oeylon American Tea Company and 
Messrs. Watson and Parr of New York. He was 
happy in being able to assure tlusi present that his 
efforts to place matters betwreu the parties on a 
Satisfactory footing had been completely successful, 
and he had not the slightest doubt that the ar- 
rangement would be cordially approved by friends in 
Ceylon. He might mention that, before he left New 
York, orders for Tea had been sent by the Company, 
wliose prospectus he laid on rhe table, to the 
Colombo Agents for an amount of £3.000, accompanied 
by bills for the amount, and he had since learnt that a 
further remittance and order had been made to the 
extent of £2, ,500, so that a substantial commencement 
had been made. Letters he had recently received from 
the Company informed him of most gratifying develop- 
ment of their business. In oonc'usion, he said he 
should be happy to reply to any question that might be 
put to him regarding this matter by those present. 
Mr. Davidson, of Gikiyanakanda, who has also re- 
cently returned from the United States, enquired 
whether it was not a fact that, although the Company 
was established in New York and had its place of busi- 
ness there, it had nevertheless been registered in the 
State of New Jersey ? What was the reason for this 
arrangement ? 
The reply was that the fees for registration were 
much lower in New Jersey than in New York, and the 
yearly fee payable by trading companies was also much 
more modeiate in the former State. 
In reply to a further question by Mr. Davidson, as to 
tho Cflmpany having gone to allotment and as to the 
amount of capital paid up, Mr. Grinlinton said that, of 
course, allotmeut had taken place, but be Lad no certain 
information as to the capital paid up. Ha believed the 
whole bad been guaranteed much in the same manner 
as capilal is underwritten in this country by 
promoters. 
