So8 
TROPICAL AQRieULTURIST. 
[January i, 1891. 
To InsnrBi oe 
To Hal cce carried down 
113 1 4 
8,992 6 4 
£22,S00 17 5 
To Interest on Loan?, &c. ... 780 18 9 
To London Expenses. — 
Directors’ Fees, Secretary, Income Tax 
and General Oflloe Expenses ... 909 2 1 
To Balance carried to Profit and Loss 
Account ... ... ... 7,292 4 6 
Cr. 
£8,992 
5 
4 
Bv Net Proceeds of Coffee sold in London 
7,791 
H 
9 
Do. 
do. 
Bark do. 
783 
9 
1 
Do, 
do. 
Tea do. 
10,029 
8 
4 
Do. 
do. 
Cocoa do. 
3,223 
3 
3 
Do. 
do. 
Cardamoms do. 
298 
7 
0 
22,125 19 
6 
By Net Proceeds of Coffee sold in Ceylon 
353 
11 
0 
Do. 
do. 
Tea do. do. ... 
21 
7 
0 
£22.500 17 
By Balance brought down — Gross Profits 8,992 5 
'Peofit and Loss Account foe the Yeae ending 
Dr. 30th June, 1890. 
1889— July 1st. — To Balance brought from 
1888-9 Account .. ... 1,458 
1890— Juno 30th.— To Dividend paid on Pre- 
ference Shares for half-year ending 31st 
Deo. 1888 ... ... ... 415 
Half-year ending 30th June, 1889... 415 
0 6 
830 14 0 
To Amount written off for depreciation of 
Machinery and Buildings, and in respect 
of Expenditure on Tea Planting, &o. 1,220 4 3 
To Balance carried doTrn ... 3,783 5 10 
Or. 
£7,292 4 6 
June 80th.— By Balance brought down 3,783 5 10 
Less— Interim Dividend for balf-yesr to 
31st December, 1889, on Preference 
Shares already paid ... ,,, 415 7 0 
3,367 18 10 
Memo-~To pay.— Dividend on Preference 
Shares for half-year to 30th June, 1890 415 7 0 
A Dividend of 8/ per Share on the 15,000 
Ordinary Shares ... ... 2,250 0 0 
2,665 7 0 
Balance to carry foiward ... £702 11 10 
I have audited the above Balance Sheet and Profit 
and Loss Account, and in my opinion, they are properly 
drawn up, so as to exhibit a true and correct view of 
the state of the Company’s affairs shown by the books 
of the Company. John Smith. 
November, 1890- 
Dr. Balance Sheet; 
To Capital. — £ s d 
15,000 Ordinary Shares of £10 each 150.000 0 0 
1,420 Preference „ £10 each 14,200 0 0 
Unissued 580 Preference Shares 
equal to £5,800 
To Loans 
To Sundry Creditors — 
Bills Payable 
Sundries 
£164,200 0 0 
12,000 0 0 
7,650 0 0 
934 12 7 
£8,.584 12 7 
3,367 18 10 
To BalsDoe of Profit and Loss Account 
Total ... £188,152 11 
30th June 1890. Cr 
By Estates — £ s. 
Ampittiakando ... ... 26,225 6 
Arnhall .. ... 18,52 1 6 
Fordyoe and Garbawn ... 16,14J 2 
Fruit Hill 
Goriagalla and Paramatta 
Bappabannock 
Billamulle 
Tbotulagalla .... 
Yattawatte 
By Cash — 
At Bankers, Deposit Account . 
,, Current Account . 
In hand 
„ Payment on Account of Up-keep, 
1890-91 . . . : 
„ Produce Unsold on 30th June, since 
Realized — 
Coffee 
Bark 
Cocoa 
Tea 
Cardamoms ., 
„ Sundry Debtors .. ., 
„ Machiuery, &o. 
„ Suspense Account — 
Bftlance 30th June 1889 
Expended on Faotrries, Machinery, 
and on Tea Plantings daring 
1889-90 
Less — Amount charged to Profit and 
10,195 
5 
7 
18,185 12 
11 
2--', 846 
10 
7 
10£33 
11 
9 
35,143 
13 
1 
6,083 
13 
9 
163,684 
1 
2 
3,600 
0 
0 
61 
11 
1 
1 
19 
4 
3,503 10 
5 
561 
19 
3 
2,224 18 
6 
784 
11 
1 
809 
5 
6 
2,432 
9 
6 
33 
8 
8 
5,784 13 
3 
589 
6 
8 
2,050 
4 
4 
11,070 19 
7 
2,068 
1 
0 
13,139 
0 
7 
1,220 
4 
3 
11,918 
16 
4 
£188,162 11 5 
The opinions expressed by the Directois at the last 
Meeiing have proved to be correct ; for the year 1889- 
90 has resulted in a profit of £7,292 4s 61 — not a large 
large amount cert ain.y, but sufficieui tu have enabled 
the Company to pay a dividend of 3^ per cent, on the 
Ordinary Sbarts had not the dividends on tbe Prefer- 
ence Shares to the amount of £830 14s been i ■ arrear 
anti a debit balance of £1,468 0-. 5d to be discharged, 
bo h these sums haviog bten satisfied, the Directors 
ere able to recommend the pajment of the dividend 
of 6 per cent, on the Preference Shares, and also of 
a dividend of 3s per share on the Ordinary Shares. 
The Directors believe the estimates of crops and of 
expenditure for 1890-91 have been made with the 
greatest possible care, but the uncertainty as to the 
rates of exchange which will prevail precludes the form- 
ation of any reliable opinion as to amount of profit 
which will be gained. 
A summary with the details and the report of the 
Agents may be seen at the oflioe. By O der, 
William Buis, Secy. 
No. 8, Old Jewry, 
15 th Nov. 1890. 
THE LANKA PLANTATIONS COMPANY. 
(Communicated.) 
The Lanka Company, in common perhaps with 
the several ventures in Uva, has been representative 
to a great extent of the many instances in which 
concerns which ffourisbed exceedingly in the old 
days of successful coffee planting found themselves 
face to face, when that form of cultivation failed, 
with tbe necessity for its gradual abandon- 
ment and the planting of tbe several estates 
it possessed with the tea plant. To effect this 
the lapse of years has been necessary, and such 
profits as oouid be made during this period, had 
10 be devoted to the operation we have referred to. 
That this has been at length fully aooompliehed, 
