52 
THE  TROPICAL  AGRICULTURIST.  [July  i,  1895. 
ing  the  fibve  and  removing  all  the  softer  material. 
To  this  end,  the  husks  are  placed  in  a breaker, 
where  they  are  crushed  by  rollers.  The  refuse  is 
carried  orf  by  spiral  ami  sproehet  conveyers  to  the 
furnace  room,  where  it  is  used  for  fuel. 
The  fibre  is  next  treated  to  a steam  bath,  chemi- 
cally prepared,  after  which  it  is  carried  and  picked 
in  machines  divised  for  this  piu'pose.  It  then  goes 
by  ft  system  of  conveyors  to  the  third  floor,  where 
it  is  spread  out  and  dried.  Next  it  is  brought  to 
the  second  Hoc r and  twisted  into  ropes,  by  means  of 
rope-making  flachines.  This  is  to  give  the  fibre  a 
“curl.”  Aftr  this  the  ropes  are  placed  in  a dryer, 
worked  by  a fan,  which  forces  air  to  pass  over  5,000 
feet  of  steam  piping.  When  thoroughly  dried  it 
is  nut  in  a machine  which  untwists  the'  ropes  and 
picks  the  fibre  apart,  though  the  cull  of  each  strand 
remains  as  a permanent  chai’acteristic.  The  fibre  is 
then  packed  in  ‘iOO-pound  bales  and  is  ready  for 
market. 
The  middle  warehouse  lower  floor  also  contains  the 
engine,  of  Erie  make,  50  horse-powei,  while  in  the 
south  vvarehouse,  lower  floor,  aie  the  boilers  two  in 
number,  each  50  horse-power,  of  Erie  manufacture. 
Throughout  a perfect  system  of  conveyers  is  used, 
BO  that  little  or  no  handling  of  the  material  is  re- 
quired. The  machines  are  automatically  loaded  and 
their  product  carried  through  the  circuit  in  the  same 
manner.  All  refuse  is  (juickly  removed  to  the  furnace 
room.  The  company  proposes  also  to  do  away  with 
the  dust  that  is  thrown  out  from  some  of  the 
machines,  and  a dust  conveyer  will  soon  be  at  once  iu- 
Iroduced. — Sh-aits  /iu<h/e‘. 
^ 
THK  N AH  ALMA  TEA  ESTATE  COM- 
1*ANY,  LIMITED. 
P,r;i*01!T  OF  THK  I)I1:KCT0|{-S  ok  thk  xaii.m.m.v 
TE.-V  ESTATK  COMI’ANV,  UMITKO, 
To  be  presented  to  the  shareholders  at  the  first 
annual  ordinary  general  meeting  to  be  held  on  Thurs- 
day, 6th  .Tune  1895. 
The  Directors  have  the  pleasure  to  submit  the 
general  balance  sheet  and  profit  and  loss  account 
for  the  nine  months  ending  31st  December  1894, 
duly  audited — 
The  net  amount  at  credit  Profit  and 
Loss  Account  at  31st  December  1894,  f a.  d. 
after  providing  for  General  Expenses, 
Directors’  and  Auditors’  Fees.  Interest 
On  Debentures,  Ac.  . . . . 2,287  8 1 
An  interim  Dividend  of  4 per  cent,  on 
the  ordinary  shares  was  paid  13th 
December  1894,  amounting  to 
It  is  now  proposed  to  pay  a final  Dividend 
on  the  ordinary  shares  at  the  rate  of 
2 per  cent,  (making  a distribution  for  the 
nine  months  at  the  rate  8 per  cent  per 
annum  free  of  Income  Tax),  which 
will  absorb 
It  is  proposed  to  write  off  the  prelimi- 
nary and  other  Expenses  connected 
with  the  formation  of  the  Company, 
requiring 
It  is  proposed  to  place  to  credit  of  Deben- 
ture Redemption  Fund 
Leaving  to  be  carried  forward  to  next 
year,  subject  to  payment  of  Income 
Tax  on  profits,  a balance  of 
560  0 0 
280  0 0 
475  1.5  2 
625  0 0 
346  12  11 
The  acreage  of  the  Company’s  properties  on  .31st 
December  last  was — 
Tea  in  full  bearing  ,,  ,.  4.36 
Tea  not  in  bearing  . , . , 10 
Jungle  . . , . . . 2-16 
692  Acres 
The  Ceylon  Manager  reports  the  estates  in  good 
order.  A new  turbine  is  now  being  erected  which  it 
is  hoped  will  effect  a saving  in  the  consumption  of 
wood.  With  a favourable  season,  the  crop  for  189.5 
is  estimated  at  220,000  lb.  The  Directors  deeply  re- 
gret  the  loss  the  Comiiany  has  sustained  through 
the  sudden  death  of  Mr.  Hugh  Hodgson  Andej’soii, 
the  late  Secretary  of  the  Company.  Mr.  John 
Abernethy,  the  Director  retiring  by  rotation,  being 
eligible,  offers  liimself  for  re-election.  'The  Directors 
ask  that  their  remuneration  may,  from  the  date  of 
the  formation  of  the  Company,  and  in  future,  be 
paid  to  them  free  of  Income  Tax.  Messrs.  Fox, 
Sissons  A Co.,  Auditors  to  the  Company,  offer  them- 
selves for  re-election. 
THE  EADELLA  ESTATE.S  CUMPANV, 
LIMITED. 
{By  Tihgraph,) 
Kandy,  3rd  .lune  189.5. 
Tlic  Report  was  adopted  and  a diviilend 
of  13  ))er  cent  was  declared.  I’lie  reniaiii- 
iiig  capital  is  RIO, (MM)  called  up.  Tliere  were 
present  Mes.srs.  (lihhon  '('liairman,  in  tlie  ab- 
sence of  Mr.  Eorbes  Laurie),  ( Jordon  I'yper, 
Kynaston,  and  M unton,  besiiles  le.ading  sliare 
hohiers  w ho  were  reju'csented  by  ju-oxy. 
Your  Directors  have  pleasure  in  submitting  the 
annexed  statement  of  accounts  and  balance  sheet  for 
the  past  year  ending  3Uth  April  LS95. 
The  working  and  yield  of  the  estates  have  been 
so  far  satisfactory  that,  despite  the  lamentable  fall 
in  prices  of  cocoa  and  disappointment  as  regai-ds 
that  product,  it  has  been  more  than  compensated 
for  by  the  returns  from  tea,  and  the  Directors  are 
gratified  at  being  able  to  show  a considerable 
amount  of  profit  to  be  dealt  with  liy  the  share- 
holders. 
After  writing  off  10  per  cent  depreciation  on 
factory  and  machinery,  and  2-5th  of  preliminary  ex- 
penses (l-5th  more  than  last  year),  there  remains 
at  credit  of  profit  ami  los.s  K2(i,936-63,  and  it  is  re- 
commended that  a dividend  of  li!  percent  be  paid, 
carrying  forward  Rl,436'63, 
Tlie  clearing  of  last  year  has  Iveen  very  success- 
ful ns  regards  cocoa  and  shade,  but  less  so  in 
respect  of  Liberian  coflee,  the  vacancies  in  w'hich 
will  all  be  supplied  with  biisket  plants  during  the 
present  monsoon. 
Another  deal  ing  of  52  acres  is  felled,  roaded  and 
drained,  is  being  prepared  for  ])lanting  with  same 
products.  Both  clearings  will  be  planted  up  with 
coconuts. 
The  221  acres  tea  gave  about  465  lb.  )>er  acre.  'The 
yield  of  cocoa  was  188:f  cwt.,  and  Ubeiian  coffee 
100  bushels  cherry. 
Capit.vi,. — In  view  of  lage  extension  of  new  clear- 
ings, it  will  be  necessary  to  call  up  the  remaining 
capital  of  RIO.IMK). 
THE  T( INACOM  RE  ESTATE  COMRANY  OF 
CEYLON  LIMITED. 
t’2,287  8 1 
The  Directors  recommend  the  distribution  of  a 
final  dividend  at  the  rate  of  two  per  cent,  on  the 
ordinary  shares  of  the  Company  payable  so  soon  as 
the  realization  of  the  produce  permits,  making,  with 
the  interim  dividend  paid  l.'lth  December  1894,  a 
distribution  at  the  rate  of  eight  per  cent,  per  annum, 
1st  April  to  31st  December  1894,  such  dividend  to 
be  paid  to  those  shareholders  whose  names  appear 
en  t'le  share  register  on  the  6th  June  1895,  after 
wr>icn  date  such  shares  will  be  transferable  ex  s)\ch 
said  diviilend. 
Uepoit  of  the  first  general  meeting  of  shareholders  in 
tlie  Tonacombe  Estates  Company  of  Ceylon  Ltd., 
held  at  Amhewatte  House  on  Monday  the'  3rd  .June 
1895. 
Present  Messrs.  \V.  H.  Figg  (Chairman)  W. 
Bowden-Smith,  H.  Cumherbatch,  F.  .7.  de  Saram. 
By  Attorney  . Messrs.  A.  Fetherstonliangh,  \V.  R. 
Bennett,  Major  W.  F.  Bunn. 
I’roposfsl  by  the.  Ciiaiuman  and  se(  onded  by  Mr. 
F.  .1.  De  Saham: — “ 'I’liat  the  report  and  accounts  pre- 
sented by  the  Director  be  adopted."  Carried  nnani. 
monsly. 
