THE  TROPICAL  AGRICULTURIST.  [April  r,  1897. 
f 76 
been  anplied  over  about  20  acres,  the  total  area  manured 
since  the  Company  acquired  the  property  being  com- 
puted at  414  acres. 
The  Company’s  Property  consists  of: — 
476  acres  Tea  under  leaf.  Yield  in  18%= 
426  lb.  Tea  per  acre. 
50  „ Forest. 
Total..  526  acres. 
About  4 acres  are  to  be  brought  into  cultivation  during 
the  year. 
The  estimated  crop  for  1897  is  190,000  lb.  Tea. 
It  will  be  seen  that  the  property  representing 
Capital  stands  in  the  balance  sheet  at  approximately 
R501  per  acre  cultivated,  as  compared  with  about 
R508  m the  previous  year’s  account ; and  that  the 
profit  per  acre  is  about  R68  00,  as  compared  with 
K84'00  in  the  previous  year. 
Mr.  John  Albert  Martin  retires  from  the  Board  by 
rotation,  and  is  eligible  for  re-election. 
The  Shareholders  will  be  requested  to  elect  an 
Auitor  for  the  current  year. — By  order  of  the  Directors, 
B.  G.  L.  Bremner,  Secretary. 
Colombo,  24th  Feb.  1897. 
THE  BOGAWANTALAWA  DISTPJCT  TEA 
COMPANY. 
The  Bogawantalawa  District  Tea  Company  Ltd., 
has  been  registered  with  a capital  of  £250,000  in 
£10  shares  of  which  12,500  are  preference, 
and  12,500  are  ordinary.  Object  to  adopt  and 
carry  into  effect  an  agreement  expressed  to  be 
made  between  this  Company  and  C.  Fetherston- 
haugh.  Sir  George  William  Campbell,  k.c.m.o.,  A. 
T^bor,  and  J.  C.  Fort  for  the  acquisition,  by  pur- 
chase, lease  or  otherwise,  of  any  land  and  buildings 
in  Ceylon  or  elsewhere,  and  any  estate  of  interest 
in  or  any  rights  connected  with  any  such  lands 
and  buildings,  and  in  particular  the  Kirkoswald, 
Bridwell,  Elbedde,  and  Bogawane  estate,  Dikova, 
Ceylon,  or  any  of  them,  and,  generally,  to  develop 
the  resources  of,  and  turn  to  account  the  said  pro- 
perties by  clearing,  planting,  cultivating,  farming, 
grazing,  mining,  and  building  thereon.  The  signato- 
ries are  : — 
C.  Fether- 
stonhaugh 
A.  Tabor 
J.  C.  Fort 
H.  Bois 
C.  M.  Robert- 
son 
J.  G.  Forster 
E.  Bois 
Hurst  Lodge,  Twyford,  Berkshire 
Sunnydene  Eastbourne 
Forest  Lodge  Ashford.  Surrey 
5,  Ashwood-road  S,.  Kensington 
Share. 
1 
1 
1 
1 
12,  Fenchurch  Street,  E.C.  1 
12,  ,1  ti  1 
12,  ,,  I,  ,»  I 
The  directors  shall  not  be  less  than  three,  nor 
more  than  five;  the  first  are  the  first  four  sub- 
scribers. Qualification  £1,000.  Remuneration,  £^ 
per  annum  with  a percentage  of  the  profits  divisi- 
ble. Registered  Office,  Fenchurch  Street,  E.  C. 
THE  YATADERIA  TEA  CO.  OF  CEYLON 
LIMITED. 
The  annual  meeting  was  held  on  5th  Marcli. 
The  Directors’  report  is  as  follows  : — 
The  Directors  have  the  pleasure  to  submit  tha 
Balance  Sheet  and  Profit  and  Loss  Account  for 
the  year  ending  31st  December,  1896,  duly  audited. 
The  balance  of  Profit  (including  R10,120'84  brought 
forward  from  last  year,  after  crediting  Reserve  Fund 
with  R15,000  as  voted  at  the  last  General  Meeting; 
and  after  writing  off  for  Depreciation  of  Buildings 
and  Machinery  as  shown  by  the  accounts)  is 
R74,329'43.  Of  this  sum  R23.750  has  been  absorbed 
in  paying  an  Interim  Dividend  at  tho  rate  of  12J 
per  cent;  and  the  Directors  propose  that  a further 
Dividend  of  12J  per  cent,  and  a bonus  of  7J  per 
cent  absorbing  R38,000  be  declared  and  made  paya- 
ble on  the  8th  March ; that  R5,000  be  transferred 
to  the  Reserve  Fund  account  and  that  the  remainder 
of  R6,329'43  (after  paying  Rl,250  special  foe  voted 
to  the’  Directors  at  the  General  Meeting  in  1895)  be 
carried  forward, 
It  will  be  seen  that  the  property  representing 
capital  stands  in  the  Balance  Sheet  at  approximately 
R204  per  acre  cultivated,  as  compared  With  about 
R255  in  the  previous  year’s  accounts,  and  that  the 
profit  per  acre  is  Ii87. 
The  Factory  extensions  referred  to  last  year  have 
been  nearly  completed  ; and  a new  turbine  and  sifters 
have  been  erected. 
The  total  Tea  crop  was  544,1591b.  or  82,311  lb.  less 
than  estimated  in  the  last  report,  rather  finer  pluck- 
ing having  been  adopted  with  a view  of  improving 
prices,  which  ns  far  as  can  be  judged  was  successful. 
The  plucking  area  v/as  768  acres.  The  total  quantity 
of  Tea  for  disposal  was  545,393  lb.  including  1 234  lb. 
made  from  purchased  leaf,  of  which  12,9881b.  were 
sold  locally  averaging  27'28  cents  per  lb.;  and  532,405 
were  shipped  to  .London,  of  which  102,160  lb.  had 
still  to  be  accounted  for  ; but  the  average  ob- 
tained for  the  430,2451b.  as  yet  accounted  for  is 
33'24  cents  per  lb.  The  cost  of  the  Tea  delivered 
to  buyers  or  put  on  board  ship,  including  all  charges 
and  Depreciation  of  Buildings  and  Machinery, 
was  2059  cents  per  'b.  (beiag  "08  of  a cent 
more  than  in  1895).  The  net  value  realised  from  sales  (a 
portion  being  estimated)  was  32’34  cents  per  lb.  (being 
4'-83  cents  less  than  for  the  previous  crop).  The 
sum  written  oil  for  depreciation  represents  '71  cents 
per  lb.  of  the  cost. 
The  Company’s  property  (including  96  acres  pur- 
chased during  the  year)  consisted  on  the  31st  Dec. 
1896,  of 
Acres. 
Tea  plan-  Y^ield  in 
c3 
<U 
Eh 
r 
2^ 
o > 
o 
03 
CO 
172 
208 
100 
42 
6 
52 
120 
68 
37 
75 
22 
255 
ted  in. 
1885 
1887 
1888 
1889 
1890 
1891 
1892 
1894 
1895 
1896 
Cocoa  and 
Forest,  &c. 
1896. 
793 
730 
723 
792 
811 
939 
757 
160 
not 
lb.  tea  per  acre 
^ O 
§3? 
* 00 
la  ueariDg. 
»♦  M 
Factory  site. 
1,157  acres  as  per  last  report. 
96  „ purchased  from  Crown  and  Natives. 
1,253  Total  acres. 
The  Directors  propose  an  extension  of  about  35 
acres  Tea  in  1897,  which  has  been  cleared. 
The  estimated  crop  for  1897  is  537,600  lb.  Tea. 
Mr.  John  H.  Starey  retires  from  the  Board,  in 
terms  of  the  Articles  of  Association,  and  being  el’igi- 
ble,  offers  for  re-election.  Mr.  David  Fair\”eather 
resigned  his  seat  at  the  Board  on  leaving  the  Island 
and  the  Directors  elected  Mr.  Charles  MintoGwatkin 
in  his  stead. 
The  Shareholders  will  be  requested  to  elect  an 
Auditor  for  the  current  year.— -By  order  of  the  Direc- 
tors, B.  G.  L.  Bremner. 
Colombo,  24th  Feb.  1897. 
Secretary. 
♦ 
Indian  Tea  Crop.— The  Indian  Tea  Associa- 
tion publish  the  following  figures  showing  the  ac- 
tual outturn  of  the  Indian  tea  crop  of  ”l896  : 
As.sam,  59,655,793  lb.;  Cacliar,  20,401,487  lb.* 
Svlhet,  25,099,486  1b.;  Darjeeling  7,817,495  1b.’ 
Terai,  3,738,9271b.;  Dooars,  22,073,781  lb.;  Cliitta- 
gong,  1,030,125  1b.;  Cliota  Nagpore,  220,.322  Ib  • 
Kangra,  2,180,0001b.;  Delira  Doon  and  Kumaoa 
(Estimate),  2,000,000  lb. ; Private  and  Native  Gar- 
dens (Estimate)  4,000,000  lb.;  total,  148,217,4161b 
The  total  shipments  to  all  places  from  1st  April 
to  31st  January  1897  are  138,171,829  1b.  The  ex- 
ports to  the  Colonies  and  other  ports,  together 
with  local  consumption,  are  not  likely  to  exceed 
16  millions,  which  will  leave  about  131}  million 
pounds  for  export  to  Great  Britain. 
