8i6 the tropical 
model of simplicity. Here are two items from 
the debit side of the “Profit and Loss” account 
for last year ; — 
Up-keep of Estates, including cost 
of Purchased Leaf and deprecia- 
ation on Machinery and Build- 
ings, etc. . . .. £ 77,610 3 10 
Salaries and Office Expenses in 
London and Ceylon, including 
Directors’ remuneration. Income 
Tax, etc. .. .. £ 9,306 12 5 
Against income: — 
Proceeds of Produce sold and 
brought to account at 31st De- 
cember, 3897, and profits from 
Agency Business, Interests, etc. £121,180 5 7 
Estimated value of Produce on 
hand at 31st December, 1897.. £ 25,173 11 2 
The nett balance after paying interest on deben- 
tures but including balance from 1896, is £44,731 
disposed of as per the Directors’ Report which we 
published the other day. 
THE EASTERN PRODUCE AND 
ESTATES CO., LD. 
We could only, very briefly, above allude 
to the circumstances out of whicli this Comnany 
was started as the successor to “The Ceylon Com- 
pany, Limited.” Tlie latter was, unfortunately, 
formed to take over sugar estates in Mauritius 
as well as to buy flourishing coffee properties 
in Ceylon but the name was cleverly i confined 
to the more prosperous Colony. When a time 
of difficulties arrived — due more to Mauritius 
than Ceylon — and there had to be a reconstruc- 
tion, the old shareholders of the Ceylon Com- 
pany, Limited, had to be content with a £5 
share in the new Eastern Produce Company in 
exchange for £20 paid in the Ceylon Company, 
Limited. The Ceylon Company, Limited, at one 
time owned about a sixth of the sugar estates 
in Mauritius and this became a cause of great 
embarrassment. The Company, however, paid 
all Ceylon creditors in full and arranged matters 
with old debentui’e-holders who had to make a 
small s .crifice. As regards its successor we have 
already referred to its prosperous career in 
Ceylon : but we should have made mention of its 
general business (outside of the plantations owned) 
as a correspondent reminds us. It is, of 
course, very creditable to the staff of the E. P. & E. 
Company that besides carrying on the work 
appertaining to its own plantations, it should 
do so much of general agency and engineering 
business; Still it must be remembered that many 
other Companies cure and buy outside tea leaf, 
and so add to their profits. 
Dr. Geo. Watt, c.i.e., — in his new and volumi- 
nous work for the Government of India on “Tea 
Pests” and Tea- planting generally, supplies the 
following testimony to local authorities : — 
I have only incidentally referred to Ceylon newa- 
E apera for information ; but the Tropical Agriculturist 
as been found of great value in confirming or correct- 
ing information regarding India. 
The very great asaistance, most generously afforded, 
by Mr. B. B. Green, the distinguished Entomologist 
of Ceylon, whohas for many years identified himself 
with the study of the tea pests anti !;a-j iu consequence 
discovered and investigated the lile histories of a large 
number of very obscure species. Mr. Green has not 
only examined and reported on a complete series of 
the insect pests collected by me, but has in return 
presented a most valuable set of the peats collected 
by him in Ceylon. As types of the species he has 
named these have proved invaluable. 
AGRICULTURn S. [June i, 1898. 
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rH rH ^ rH rH rH rH rH rH 
“The Indian Foeester.” — Edited by J. S. Gamble, 
M.A., F L.S., Conservator of Forests, and Director of 
the Forest School, Dehra Dun. Contents. No. 4. — 
April, 1898 Original Articles and Translations : 
Teak Plantations, by C. M. Hodgson; The Cluster- 
pine in South Africa, by D. E. Hutchins ; Insects 
attacking 'Teak iu South India, by T. F. Bour- 
dillon ; Correspondence. Official Papers and In- 
telligence ; Forest Fires and their Effects on the 
Reproduction of Teak; Report of the Imperia 
Forest School, Dehra Dun, for 1896-97. Reviews 
Shikar and Travel : After the Wily Boar. Extracts. 
Notes and Queries ; Timber and Produce Trade ; 
Extracts from Official Gazettes. 
