558 
the  tropical  agriculturist. 
LIST  OF  THE 
COMPANIES  FLOATED 
Acreage. 
IN  COLOMBO  IN  1896, 
Capital. 
Company.  Cultivated. 
Ankauda  . . l;i9 
Stinsford  ..35(5 
Kalutara  ..561 
Kayigam  ..653 
Knave-smire  ..486 
Roadura  Valley.. 350 
Palmerston  ..463 
Penrhos  ..540 
Ceylon  Tea  and 
Coconuts  ..800 
Kanapedi  watte  ..357 
Walton  ..'227 
Total. 
Nominal. 
Paid-up. 
337 
100,000 
75,000 
438 
500,000 
300,000 
1,085 
500,000 
400,000 
1,200 
1.000,000 
425,000 
.589 
500,000 
415,000 
.550 
500,000 
300,000 
493 
1,000,000 
4.50,000 
820 
500,000 
150,000 
1,190 
500,000 
2.50,000 
418 
340,000 
334,000 
520 
500,000 
160,000 
Total 
0 , 
8 
0 1 
1 
3,259,000 
Com- 
Nom.  cap. 
Paid-ad 
es. 
Capiital. 
R. 
R. 
Floated  in  Colombo  1895..  18  8,860,000  5,848,500 
» ..  „ 1896.. 11  5,940,000  3,259,r00 
The  larger  number  of  Companies,  it  will  be  found, 
have  their  stocks  at  a lower  quotation  now  than 
were  current  twelve  months  ago.  Out  of  !50  local 
companies  32  are  now  lower  than  then,  17  are  higher, 
and  5 are  unaltered.  And  those  which  are  higher 
are  only  very  little  higher.  The  greatest  improve- 
ment in  rates  is  shown  by  Wanarajah,  the  shares 
in  which  were  Rl,150  in  January  189(>,  and  are  now 
Rl,500  and  Rl,575.  Next  to  that  tine  Company  come 
Kirklees,  Agraouvah,  and  Glasgow,  and  in  the  order 
named,  all  improving  properties  at  a high  premium, 
but  said  to  be  likely  to  go  higher  still.  For  the  s ike 
of  comparison  we  append  a taoular  statement,  show- 
ing the  prices  current  for  them  at  the  beginning  of 
January,  1897,  and  at  the  beginning  of  January,  1896, 
separating  those  which  are  now  higher  from  those 
which  are  lower,  and  giving  those  which  are  unchanged 
also  separately,  as  follows  : — 
Prices. 
HIGHER. 
Ceylon 
Companies. 
Amount  paid 
per  share. 
CO  . 
pH  r>- 
. 
rj  CO 
rt  ^ 
R.  R.  R. 
Agra  Ouvah  Estates 
500 
1125 
1300 
Ceylon  Provincial  Estates 
500 
62.) 
685—690 
Glasgow  Estate 
• 
500 
1275 
1400 
Hapugahalande  Tea 
• 
200 
3.50 
385 
High  Forests  Estates 
. 
500 
620 
625—630 
Do  part  paid 
100 
200 
220—225 
Ilorrekelly  Estates 
. 
100 
70 
90—  92-50 
Kirklees  Estate 
. 
100 
1.50 
185 
Mocha  Tea 
500 
1050 
1175 
Ottery  Estate 
St.  Heliers  Tea 
100 
127-50 
130 
, , 
500 
1250 
1.300 
Wanarajah  Tea 
• . 
500 
11.50  1500—1525 
Yatiyantota  Tea 
1000 
6000 
7750 
Colombo  Apothecaries 
100 
97-50 
109 
Colombo  Hotels 
100 
275  322.50-3-25 
New  Colombo  Ice 
100 
1.50 
180 
Public  Hall 
20 
LOWER. 
15 
17*50 
Castlereagh  Tea 
100 
160 
150 
(ylareinont  Estates 
. . 
100 
100 
75— 8U 
Chines  Tea 
. , 
100 
200 
170 
Clyde  Estates 
100 
125 
120 
Delgolla  I'lstate 
400 
480 
360 
Doomoo  'Tea 
. • 
100 
1‘25 
115 
Drayton 
« . 
100 
175—200 
170 
Eadella  Estate 
500 
675 
560 
Eila  Tea 
100 
175 
155 
Estates  of  Uva 
5(X) 
725 
685 
Great  Western  Tea 
. • 
500 
KXX) 
950 
Kelani  Tea  Garden 
. . 
100 
120 
102  50 
Nahavilla  Estates 
• . 
.500 
KMX) 
900 
Roeborrv  Tea 
• • 
KM) 
no 
105  - 1O7-50 
Ruanwella  Tea 
. . 
loO 
130 
no 
Talgaswela  'Tea 
• * 
100 
82-50 
50—55 
[Feb.  r,  1897. 
Tonacombe  Estate 
Udabage  Estate 
TJdngama  Tea  and  Timber 
Upper  Maskeliya  Estates 
Uvakellie  Tea 
Vogan  Tea 
Weoya  Tea 
Adam’s  Peak  Hotel 
Rristol  Hotel 
Ceylon  Gsnl.  Stm.  Navi- 
gation 
Ceylon  Spinning  & Weaving 
Colombo  Fort  Ld.  & Ruild- 
ing 
Galle  Face  Hotel 
Kandy  Hotels 
Niiwara  Eliya  Hotels  .. 
Wharf  and  Warehouse  . . 
Beaumont  Tea 
Ceylon  Hills  Estates 
Maha  Uva  Estate 
Y itaderia  Tea 
Dunkeld 
The  following  table 
.500 
750 
700 
100 
no 
105 
50 
40-.50 
30 
500 
1000 
8.30 
100 
132-50 
120 
100 
no 
108-50 
100 
330 
317-50 
100 
105 
100 
100 
112-50 
100 
100 
90-100 
85—90 
: 100 
50—60 
40 
100 
105 
95 
100 
105 
103-50 
100 
100 
90 
100 
100 
95 
40 
90 
85 
EKED. 
100 
130 
130 
100 
107-50 
107-.50 
. 5(X) 
. 100 
. 500 
gives  the 
1025 
400 
1025 
400 
1050  1025—1050 
rate  per  cultivated 
acre  at  par  and  the  rate  at  present  quotations; — 
ORIGINAL  CAPITAL  AND  ACREAGE  PRICES. 
Per  cult.  Price.  Per  cult. 
Par.  acre  at  par. 
R. 
1897  acre  today, 
R.  R. 
Agra  Onvah  .. 
500 
770 
1,225  xd. 
1,886 
Castlereagh  . . 
100 
471 
150 
706 
Dunkeld 
500 
392 
1,050 
823 
Eila 
100 
451 
155 
676 
Maha  Ouvah  . . 
500 
435 
1,025 
891 
Mocha 
5(X) 
472 
1,175 
1,109 
Gla.sgow 
500 
523 
1,400 
1,464 
Yataderia 
100 
220 
400 
880 
Wanarajah 
.500 
390 
1,.525 
1,170 
Clunes 
100 
400 
170 
680 
Kirklees 
100 
250 
185 
462 
Tonacombe 
500 
473 
700 
662 
Nahavilla 
.500 
214 
900 
385 
Great  Western 
500 
597 
9.50 
1,039 
High  Forests*. . 
* 'This  Compai 
500 
900 
630 
1,134 
ly  holds 
952  acres  finest  virgin 
forest 
valued  at  R150 
made  for  this. 
an  acre, 
but  no  allowance  has  been 
With  the  exception  of  Agraouvah  it  can  hardly  be 
said  that  the  above  rates  are  high. 
Dividends  1895. 
per  cent. 
Castlereagh 
Chines 
Drayton 
Eadella 
Eilas 
Estates  of  Uva 
Great  Western 
15 
15 
15 
11 
13 
8 
18 
Nahavilla 
Talagaswella 
Tonacombe 
Upper  Maskeliya 
Uvakellie 
Weoya 
Yataderia 
per  cent. 
20 
7 
12 
18 
10 
25 
45 
CONCERNING  TEA. 
AN  AMUSING  PAPER. 
{From  “ CornhUr  for  Jannan/,  1S97.) 
Men’s  tea,  I think,  excels  women’s.  Taking  them 
as  a whole  one  may  say  that  no  class  of  men  make 
such  good  tea  as  undergraduates.  Time  is  theirs; 
conveniences  are  to  hand  ; and  though  they  are  young 
and  ardent,  haste  and  enthusiasm  are  bad  form. 
Hence  the  brew  has  a dignity,  a gravity,  a composure 
worthy  of  it.  There  is  something  Asiatic  about  the 
reserved  undergraduate — and  today  the  conscious  ones 
are  all  reserved— that  stimulates  tea  to  do  its  best 
for  him.  Jjater  in  life,  when  he  has  left  the  uni- 
versity and  mot  a woman,  the  undergraduate  be- 
comes again  an  Occidental.  These  undergraduate  tea 
connoisseurs  are  a development  of  the  last  few  years, 
llie  invitation,  ‘Look  in  this  afternoon  and  try  my 
new  Orange  IVkoe,’  to  which  grey  walls,  stained  by 
the  stress  of  centuries,  now  re-echo,  would  strike 
dismay  to  the  heart  of  Cuthbert  Bede.  The  average 
uudergraduato  as  soon  misses  his  tobacco  as  his  te»» 
