THE  TROPICAL 
AGRICULTURIST. 
[Dec.  2,  1895. 
418 
THK  LANKA  PLANTATIONS  COMPANY, 
UMITEI). 
Dirf.ctoks— George  Allen,  Esq.,  Chairman,  Wil- 
liam Austin,  Esq.,  Henry  Bois,  Esq.,  and  Edward 
Pettit,  Esq. 
Agents  in  Colomuo — Messrs.  J M llobertsou  & Co. 
Secuet.viiv — Mr.  Charles  M Robertson. 
Authorised  Capital,  £200,000,  in  15,000  ordinary 
shares  o£  £10  each  and  5,000  preference  .shares  of 
£10  each,  of  which  only  1,470  have  been  issued. 
Repout  to  he  presented  at  the  fifteenth  ordinary 
general  meeting  of  the  Lanka  Plantations  Company, 
Limited,  to  be  held  at  the  office  of  the  Company, 
on  Wednesday,  the  l:ith  November,  181)5,  at  12 
o’clock  noon. 
1.  The  Directors  now  submit  their  Report  for  the 
twelve  months  ending  00th  .June  last,  together  with 
the  Balance  Sheet  and  Accounts  of  the  Company 
made  up  to  that  date  and  duly  audited. 
‘2.  The  Coffee  t'rop  shipped  to  Loudon  was  cwts. 
1,071,  against  cwts.  781)  last  year,  and  realized  £0,501 
Os  2d  net.  'I'he  acreage  under  Coffee  alone  was  210 
acres,  and  the  trees  after  maturing  a good  crop  are 
reported  to  be  in  e.xcellent  heart  and  condition. 
Patches  of  Coffee  scattered  about  the  fields  of  Tea 
added  considerably  to  the  total  yield  this  year,  but 
so  large  a crop  can  hardly  be  expected  again. 
;i.  The  total  crop  of  Cocoa  gathered  on  Yattawatte 
amounted  to  cwt.  1,214,  against  cwt.  1)79  last  year,  and 
realized  £3,038  10s  lid.  There  was  a further  drop 
in  the  market  during  the  year,  but  even  the  very  low 
rates  now  ruling  leave  a good  margin  of  profit. 
During  the  season  a further  acreage  has  been  planted, 
and  42  acres  of  available  land  adjoining  the  e.state 
purchased.  The  cost  of  the  new  planting  and  the 
land  have  been  charged  to  Capital  Account. 
4.  The  Tea  received  from  the  Company’s  estates 
amounted  to  528,048  lb.,  and  has  been  sold  at  an 
average  of  8d  per  lb.  net,  realizing  £17,507  3s  2d. 
Last  year  the  Company  received  518,136  lb.,  which 
was  sold  at  an  average  of  7id  net,  and  realized 
£15,873  .5s  5d.  The  total  acreage  under  Tea  now 
stands  at  2,161  acres. 
5.  The  following  Statement  shows  the  acreage  and 
state  of  cultivation  of  the  Company’s  Estates  on  the 
30th  June  last; — 
X 
<D 
<u 
^ tM 
Estate 
5 ^ 
0) 
0 
X 
X 
7^ 
s 
9 S 
■ Q 
U 
H 
0 
c 
3 
&-> 
Ampitiyakande  T 
Arnnall  J 
50 
414 
- 
4 
167 
70 
705 
Fruit  Hill 
Fordyce,  Garlion] 
* 
22;') 
■ 
• 
12 
* 
237 
Gongalla  and  > 
Paramatta  ) 
* 
707* 
* 
34 
■ 
135 
936 
Rappahannock 
23 
302* 
- 
31 
307 
87 
473J 
Rill:unulle 
- 
232 
- 
- 
6 
20 
258 
Thotulasalla 
137 
221* 
• 
4 
109 
84 
555 
Yattawatte 
• 
- 
020 
95 
169 
105 
989 
210 
2161 
020 
168 
493 
501 
4153J 
* P.artly  in  Coffee. 
6.  The  net  Profits  for  the  past  year  amoun'-ed  tp 
£11  378  13s.  4d.,  to  which  must  be  added  the  sum 
£458  17s.  6d.,  the  balance  brought  forward  from  the 
year  1893 — 94,  making  together  .£11,837  lOs.  lOd. 
7.  The  Directors  propose  to  take  advantage  of  the 
unexpected  increase  m tlie  net  proceeds  of  the  coffee 
crop  to  write  off  from  the  suspense  account  the  sum 
of  714— being  not  only  the  one-tenth  usually  written 
off  but  also  the  sums  of  £799  and  £1,021  which, 
from  circumstances,  the  Board  was  unable  to  write 
off  tn  the  years  1888  and  1889  This  will  enable 
the  Directors,  at  the  end  of  the  current  year,  to 
strike  out  of  the  suspense  account  the  sum  of 
£4.544  5s,  7d.,  charged  in  the  year  ending  30th  June, 
188.5,  which  by  these  payments  will  have  been  en- 
tirely paid  off.  . • - ■ V • 
8.  Having  already  paid  a half-year  s interim  divi- 
dend on  the  Six  per  Cent.  Preference  Shares  to  the 
31st  December,  1891,  amounting,  leas  property  tax,  to 
£426  6h.,  the  Directors  recommend  the  payment  of 
the  dividend  011  these  Shares  to  the  30th  .Time  last, 
requiring,  less  property  tax,  a similar  amount  and 
they  further  propose  a dividend  of  8s  per  Share,  free 
of  income  tax  (being  4 per  cent,  per  annum),  on  the 
Ordinary  Shares,  amounting  to  £6,000,  carrying  for- 
ward a balance  of  .£1,270  18s  lOd  to  the  next  account. 
VARIOUS  PLANTING  NOTES. 
A New  Pe.\NTATIOX  Co.— The  Poonagalla  Co. 
formed  to  take  over  Sir  George  Jhlkington’s  pro- 
]iertie.s  i.s  announced  by  this  mail.  Tlie  price  paid 
for  the  four  pro))erties  witli  about  1,200  acres  in 
cultivation  and  as  iiincli  more  in  re.serve,  cannot 
he  considered  dear  at  .£27,050.  In  fact  it  ought 
to  lie  quite  a bargain  for  the  Coiiqiany  and  good 
dividend, s ought  to  result.  Sir  George  will  continue 
to  he  tlie  chief  sliareliolder  himself,  and  the 
Company  could  not  ha\e  a better  Manager  than 
iMr.  James  Bis.set. 
The  L.vnka  Pi.antations  Co.,  La,  is  one  of 
the  oldest  connected  witli  onr  planting  industry 
and  lias  ahvay.s  deserved  well  in  the  estimation 
of  colonists.  It  sufi'ered  in  the  coffee-disease 
days  ; hut  we  are  glad  to  see  how  far  prosper- 
ity has  been  renewed — thongli  dividends  still 
are  small — and  tlie  very  satisfactory  jiros- 
jiect  there  is  now  before  tlie  sliarelioldeVs.  We 
congratulate  Mr.  Geo.  Allen  and  his  brother 
directors  as  well  as  the  local  Agents,  Messns, 
Murray,  Robertson  N'  Co.  on  tliis  good  result. 
The  Lank.a  Coinp.any  lias  still  large  interests  in 
coffee  (its  crop  for  1894-5  realizing  nearly  £7,1)0<)) 
and  also  in  cacao  (its  cocoa  selling  for  over  .1‘8,()00) 
ajiart  from  tea.  Gnm  seed  w.as  sold  in  Oylon 
for  £10  3s  6(1;  and  “Leaf”  (what  “leaf”’)  for 
£109  Os  6d.  Tliis  must  be  tea  leaf  from  an  estate 
where  there  is  no  Factory’? 
The  China  TitA  Sea.son  oe  1895— having  now 
virtually  closed,  it  may  be  well  to  give  tlie  total 
export  hgures.  It  will  he  ob.served  there  is  a com- 
)>arative  decrease  on  1894  to  tlie  United  Kingdom 
of  nearly  3.^  million  lb.;  hnt  to  Odes.sa  (Russia) 
an  increase  of  nearly  4J  million  lb.  To  Nortli 
America  the  export  of  China  is  about  tlie  same, 
but  from  Japan  tlieie  is  an  increase  tliis  year  of 
over  4 million  lb.: — 
EXPORT  OF  TEA  FROM  CHINA  TO  GREAT  BRITAIN. 
Canton  and  Macao 
Amoy 
Foochow 
Shanghai  and  Hankow 
1895-96. 
lb. 
6,149,4.53 
330,015 
. . 11,175,408 
17,335,211 
1894-95. 
lb. 
5,431,776 
601,040 
14,357,248 
17, 50,), 220 
34,990,087 
37,899,283 
EXPORT  OF  TEA 
FKOM  CHINA  TO  ODKSPA. 
Hankow'  and  Shanghai 
1895-06. 
lb. 
27,040,068 
1894-95. 
lb. 
22,555,223 
EXPORT  OF  TEA  FROM 
CHINA  TO  UNITED  ST.VTES  AND 
CANADA. 
Amoy 
Foochow 
Shanghai 
1895-96. 
lb. 
9,189,775 
6,066,651 
24,093.600 
1894-95. 
lb. 
12,800,107 
4,626,555 
21,908,814 
39,650,026 
39,335,476 
EXPORT  OF  TEA  FROM 
.JAPAN  TO  UNITED  STATES  AND 
CANADA. 
Yokohama  . . 
Koiie 
1895-96. 
lb. 
..  27,496.112 
16,807,9.58 
1894-95. 
lb. 
26,542.48? 
13,666,790 
44,304,070 
40,209,77i 
