THE TROPICAL AGRICULTURIST. 
[April i, 1891. 
710 
annual accounts before shareholders, viz : — 
ProBt and loss account for the year ending 30th 
September 1890. Balance Sheet made to 30th Sep- 
tember 1890. 
It will be seen from these accounts 
that the result of the year’s opera- 
tions is a profit of... ... ... £3,281 11 9 
A balance was brought forward from 
last year of ... ... ... 128 8 9 
Making a total at the credit of Profit 
and Loss of ... ... ... £3,410 0 6 
The Directors propose to apportion 
this sum as follows ; — 
To the payment in full of the Divi- 
dend on the 6 per cent. Preference 
Shares for the year ending 30th 
September, 1890 ... ... ... £1,089 0 
To the payment of a Dividend of 
3 per cent on the Ordinary Shares 
for the same period ... ... 2,100 0 0 
To be carried forward to next 
account ... ... ... ... 221 0 
£3,410 0 6 
The General Trading business of the Company has 
shown an increase dui’ing the year, and with careful 
management the Directors look forward to its steady 
development. Owing to the rise in the price of Silver, 
the result from the working of the Company’s 
Estates during the past year was not so satisfactory 
as anticipated. Silver having now fallen in value, and 
the market for Ceylon Tea being favorable, the current 
year’s working of the Estates is expected to show a 
marked improvement. During the past year the area 
under tea on the Company’s Estates has been some- 
what increased, and it is the intention of the Board to 
gradually extend this cultivation as opportunity arises 
and labour admits. The Coffee Market is very good, 
and of the small area under coffee still left on the 
Company’s Estates a few fields are producing fair crops 
but the fnture of this product in Ceylon is very un- 
certain, and the Directors do not, therefore, rely on the 
returns to be derived from it. Mr. John Brown, 
Chairman of the Board, left for Ceylon in November, 
and will inspect the properties in which the Company 
is interested. 
Balance Sheet, 30th Sept. 1890. 
Dr. 
Capital authorised : — 
£ s. d. £ 8- d. 
10,000 Ordinary Shares 
of £10 each ...100,000 0 0 
20,' 00 6°/o Preference 
Shares of £5 each . . 100,000 0 
£200,000 0 0 
To capital issued— 
10,000 Ordinary Shares, 
£7 paid.. ... 70,000 0 0 
3,630 Preference Shares, 
£5 paid.. ...18,150 0 0 
To Debentures... 
Do Bills Payable 
Do Loans, Ceylon 
Do Loans, London 
Do Sundry creditors, Ceylon 
Do Sundry do London.., 
Do Profit &Losa Balance .. 
Cr. 
By Colombo Establishment — 
£ 8. d. 8. d.£ 
Freehold Promises, Build- 
ings, Machinery, &o... 20, 000 0 0 
Do Estates 70,000 0 0 
10,100 0 0 
11,100 0 0 
2.500 0 0 
3.500 0 0 
3,942 6 0 
5,933 3 6 
3,410 0 6 
£128 635 10 
As per last Account... 
... 90,000 
0 
0 
Do Machinery &c., as per last 
Account 
. . 2,408 
4 
1 
Do Advances against Crops... 
... 17.282 
12 
6 
Do Sundry Debtors, Ceylon... 
... 15,476 
2 
3 
Do Stock of Bones, Stores &o,, 
in Ceylon.. 
... 12,176 
16 
10 
Do Cash at Bankers and in 
hand, Ceylon 
936 
5 
3 
138,280 
0 
11 
Less Exchange 
... 21,129 
4 
11 
117,150 
16 
0 
Do Bills Receivable 
... 1,550 
0 
0 
Do Sundry Debtors, London.. 
. . 1,485 
6 
0 
Do Produce in London and 
afloat . . 
... 4,029 
9 
9 
Do Office Furniture, London 
150 
0 
0 
Do Cash at Bankers, London.. 4, 255 
9 9 
Do Cash in hand, London... 14 
8 6 
4,269 
18 
3 
£128,635 
10 
0 
Profit and Loss Account for Year Ending 30th 
Septembee, 1890. 
Dr. 
£ 
e. 
d. 
To Salaries and Office Expenses, Co- 
lombo 
. 2,309 
2 
3 
Do Bent, Salaries, and Office Expensee, 
London 
. 351 
14 
6 
Do Director's Fees... 
, 409 
0 
0 
Do Audit Fee 
26 
50 
Do Income Tax 
51 
9 
0 
Do Interest on Debentures 
. 612 
0 
0 
Do Balance carried down — Profit 
•• 
. 3,281 11 
9 
£7,032 
2 
9 
To Balance carried to Balance Sheet 
. 
. 3,410 
0 
6 
£3,410 
0 
6 
Or 
£ 
6. 
d. 
By Profit on Curing, Millmg, and General 
Trading Account 
• 
.. 7,032 
2 
9 
By Balance brought down — Profit 1889-90 
3,281 11 
9 
Do Balance from last 
account.. ... 2,617 8 
9 
Less Dividend paid 
February, 1890 ... 2,489 0 
0 
— 
128 
8 
9 
£3,410 0 6 
A MOST CELEBEATED TEA MAEK. 
How are the mighty fallen, &o. What is des- 
cribed as an unique opportunity, and a magnificent 
chance for tea-dealers and grocers, is the sale of 
the mark T. B., in a diamond in white on a black 
ground. The handbill announcing the sale states 
that the Mark has beon the leading importing Mark 
for over thirty years, and is the most celebrated 
tea Mark in the world, and, if properly advertised, 
it should at once take up the position of leading 
retail Mark. We might suggest that a firm which 
has been so eminent and regular in its sales of 
tea at the Booms, now that there are no more chests 
or half-chests to be sold without reserve, might 
be true to their old policy, and put up the Mark 
for sale at the same place, “ Fog or no Fog.” It 
would be a novelty, at all events, and enterpris. 
ing dealers might come and make their bids. — L, 
and C, Express, !geb. 20. 
