Jan.  f,  1897.] 
THE  TROPICAL  AGRICULTURIST. 
477 
THE  NAHAVILLA  ESTATE  CO.,  LTD. 
The  annual  general  meeting  of  this  Co.  \va,s  hehl 
at  the  oliices  of  Messrs.  George  Stenart  & Co., 
Queen  Street  ,on  the  19th  Dec.  in  the  ifbjr.io  ) 1 
were  present,  Mr.  K.  C.  Wright  (Chairman),  Mr. 
Gordon  Pyper,  Mr.  De  Saram,  Mr.  J.  Patterson. 
Mr.  Chas.  Gordon  and  Mr.  E.  S.  Grigson  were 
represented  by  their  proxy,  Mr.  J,  Patterson. 
The  Keport  of  the  Directors  having  been  adopted, 
Mr.  Gordon  Pyper  proposed  that  a final  divi- 
dend of  7 per  cent,  be  now  paid,  making  alto- 
gether with  the  dividend  of  6 per  cent,  already 
paid,  13  percent. 
Mr.  De  Saram  seconded. — Carried. 
Mr.  De  Saram  proposed  that  the  Directors’ 
remuneration  for  the  year  ending  30th  September, 
1896,  be  fixed  at  R2,000. 
Mr.  Patterson  seconded.— Carried. 
ELECTION  OF  OFFICE-BEARER.S. 
Mr.  Gordon  Pyper  proposed  that  Mr.  William 
Anderson  who  retires  by  rotation  from  the  Board 
of  Directors,  be  re-elected. 
Mr.  De  Saram  seconded. — Carried. 
Mr.  U.  C.  Wright  proposed  that  Mr.  .John 
Guthrie  be  appointed  auditor  for  the  year  ending 
September  30,  1897,  on  a remuneration  of  KIOO. 
Mr.  J.  Patterson  seconded.  — Carried. 
This  was  all  the  business. 
MARKET  FOR  TEA  SHARES. 
Thursday  Evening,  Dec.  3. 
Although  quiet  at  the  beginniug  of  the  present 
week,  business  in  tea  shares  has  again  recovered  a 
little,  with  a fair  number  of  transactions  recorded. 
The  general  range  of  values,  however,  is  slightly 
easier  than  it  was. 
Interim  dividends  are  now  the  order  of  the  day, 
either  actually  announced  or  in  early  contemplation, 
among  them  being  ; — 
January  1. 
Assam  Company 
5 
Cachar  and  Dooars  (Pref.) 
3 
Chargola  (Ordinary) 
3i 
Chubwa  (Ordinary) 
Chubwa  (Preference) 
Darjeeling  Consol.  (Pref .)  (broken 
H 
period),  3s  4 1 per  share. 
East  India  and  Ceylon  (Ordinary)  3 „ 
East  India  and  Ceylon  (Pref.)  . . 3 ,, 
Jhanzie  . . 4 „ 
Jokai  . . 5 ,, 
Mincing  Lane  keeps  rather  quiet,  with  some  low 
prices  ruling  for  the  commoner  sorts.  Home  consump- 
tion, however,  as  well  as  export,  continue  on  a 
liberal  and  progressive  scale. — 11.  & C.  Mail. 
WYNAAD  PLANTERS’  ASSOCIATION. 
From  official  the  minutes  of  a general  meeting  held 
at  the  Club,  Meppadi  on  2nd  December  we  extracts 
following  : — 
Read  circular  letter  from  Secretary  U.  P.  A.  having 
reference  to  the  resolution  of  the  Shevaroy  Planters 
Association  re  the  adulteration  of  coffee,  and  the 
formation  of  a Coffee  Association  for  the  prevention 
thereof.  Also  the  Chairman  U.  P.  A’s  letter  on  the 
subject.  Recorded. 
This  Association  agrees  with  the  Chairman  U.  P.  A. 
that  the  present  is  not  the  time  to  move  in  the  matter. 
Import  Duties, — Read  letter-  from  the  Secretary 
U.  P.  A.  asking  for  statistics  required  by  the  Govern- 
ment of  Madras  regarding  the  quantity  of  artificial 
manures  used  in  the  district  during  the  past  10 
years.  Resolved  that  the  Coast  Firms  be  requested 
to  supply  the  information  and  that  the  Ag.  Honorary 
Secretary  be  instructed  towriteto  them  on  the  matter, 
Cojf'ee  Robbery. — Read  Ag.  Honorary  Secretary’s 
letter  to  the  Superintendent  Police  regarding  Police 
arrangements  for  this  season.  Recorded. 
Roads. — Resolved  that  the  Ag.  Honorary  Secretary 
be  instructed  to  write  to  the  Collector  of  Malabar 
to  ascertain  what  steps  have  been  taken  with  regard 
to  H.E.  the  Governor’s  reply  to  the  Deputation. 
TEA  IN  AMERICA. 
New  York,  Nov.  18. 
The  change  which  took  place  in  the  tea  market 
early  last  month,  and  which  led  to  largely  in- 
creased business  and  an  advance  of  from  li  @ 3c 
per  pound  from  the  lowest,  has  been  well  sus- 
tained. There  seems  to  be  general  confidence  that 
the  year’s  supply  will  fall  from  12,000,000  to 
14,000,000  pounds  less  of  Greens  and  .lapans  alone.  The 
Black  tea  crop  is  likely  to  be  behind  last  season,  except 
for  Ceylon  and  India  sorts.  The  present  outlook  is  for 
a supply  about  10,000,000  pounds  less  than  require- 
ments. A resume  of  the  sales  in  first  hands  since  Sep- 
tember includes  18,000  packages  Japan,  3,000  Country 
and  12,000  Pingsuey  Greens,  15,000  Formosa,  7,000 
Foochow,  10,000  Amoy  Oolong,  besides  6,000  Congou. 
This  is  the  largest  wholesale  business  in  tea  outside 
of  the  auction  room  in  three  years  for  the  same  period. 
— American  Grocer,  Nov.  13. 
NEW  TEA  COMPANIES. 
Pallikelle  Ceylon  Estates,  Limited. — Regis- 
tered November  11,  by  Hollams,  Sons,  Cowaid  and 
Hawkesley,  Mincing  Lane,  E.C.,  with  a capital  of 
£100,000  in  5,000  £5  preference  and  75,000  ordinary 
shares  of  £1  each.  Object,  to  adopt  and  carry  into 
effect  an  agreement  expressed  to  be  made  between 
G.  A.  H.  Vandespar,  E.  H.  Hancock,  and  W.  John- 
son of  the  one  part  and  this  company  of  the  other 
part  for  the  acquisition  by  purchase  or  otherwise  of 
the  Pallikelle  and  Rajawella  Estates,  in  the  Island 
of  Ceylon  ; to  carry  on  busine.ss  as  planters,  agri- 
culturist fruit  growers  and  preservers,  breeders  of 
and  dealers  in  livestock,  and  curers,  packers,  and 
shippers  of  all  kinds  of  p.ioduce  ; as  bankers,  brokers 
financiers,  shipowners  ship  charterers,  warehouse- 
men, wharfingers,  coal  merchants,  timber  merchants 
shippers,  insurers,  and  carriers  by  land  and  water’ 
engineers,  ironfounders,  contractors,  builders,  milll 
owners,  spinners  and  -waavers,  manufacturers  of 
rnachincry,  patent  articles,  &c. ; to  transact  all 
kinds  of  agency  and  commission  business ; to 
turn  to  account  such  lands  as  may  from  ’time 
to  time  be  acquired  by  the  company  by  clear- 
ing, draining,  fencing,  planting,  cultivating,  minin" 
quarrying,  building,  farming,  irrigating,  and  grazing’ 
The  signatories,  who  take  one  share  each,  are  :— 
E.  H.  Hancock,  28,  Mincing  Lane,  E.C.  ; W.  John- 
son, 25,  Mincing  Lane,  E.G.  ; M.  H.  Paine,  Stock 
Exchange,  E.G. ; H.  A.  Hancock,  28,  Mincing  Lane 
E.C.  ; H,  S.  Hancock,  28,  Mincing  Kane,  E.C.  ; c! 
A.  Reiss,  51,  Lime  Street,  E.C. ; A.  Zimmern, ’51’ 
Lime  Street,  E.C.  'The  number  of  directors  is  to 
be  not  more  than  ten  nor  less  than  five.  The  first 
are  C.  A.  Reiss,  W.  H.  Dodds,  W.  Johnson,  E.  H 
and  H.  A.  Hancock,  G.  A.  Vanderspar,  ’and  A." 
Zimmern.  Qualification,  £250,  Remuneration,  £.500 
per  annum,  divisible.  Registered  office:  51  ’Lime 
Street,  E.C.  ’ 
Augusta  Tea  Estate  Company,  Limited. Re- 
gistered November  17,  by  Harwood  and  Stephen- 
son, 31,  Lombard  Street,  E.C.,  with  a capital  of 
£50,000,  divided  into  4,000  six  per  cent,  preference 
shares  of  £5  each  and  20,000  ordinary  shares  of  £1 
each.  Object,  to  adopt  and  carry  into  effect  certain 
agreements  expressed  to  be  made  by  this  company 
with  Messrs.  Henry  Wills,  L.  Reiss  Brothers  and 
Co.,  and  Hancock  and  Co.,  to  acquire  by  purchase 
or  otherwise,  lands,  factories,  and  buildings,  and  any 
business  in  Ceylon  or  elsewhere,  and  in  particular 
the  estate  known  as  the  Augusta  Estate,  situate  in 
the  district  of  Hantane,  in  the  island  of  Ceylon  ; and, 
generally,  to  carry  ’ on  business  as  planter.^,  tanners’, 
graziers,  cultivators  and  growers  of  tea,  coffee, 
cardamons,  and  other  crops  ; as  miners,  shipowners, 
