THE TROMCAL AQRIOULTURI8T. [SaPTEMDER t, igpt. 
iga 
flt first quietly, but whiob will be capable of ex- 
pansion and extension in due time. Its first object 
will be to take up tbe work which has hoen gointr 
on In Franco elnoe the Exhibition of 1880. It will 
probably next turn its attention to America, and 
erdeavonr to effect a foothold at the forthcoming 
Chicago Exhibition. Its future developments will 
depend on circnmetances. The fact remains, however, 
that if properlv supported by tbe Indian tea industry, 
a nuolens will be formed for extension in almost 
any direction, and there will be an organisation 
ready, with funds at its disposal, to take advantage 
of any and every favourable opening which may 
present itself for extending and pushing the n*e of 
Indian ten all over the world. Tbe planting intercat, 
we venture to believe— though at times a little 
slow to set— is not blind to its own self interest, and 
we cannot but think that, when the soheme Is clearly 
laod before those who have their interests bound np 
withindisn ftea, liberal support will bo forthcoming, 
where is not a great deal of money wanted, and, if 
Tvery company and every Individual possessing an 
enterest in tea growing will give hi* quota, the actual 
oall on each will amount to a mere tulle. Particulars 
will shortly be made pablio, but we sound tiiie note 
in advance, in order to prspsta onr numerous readers 
and invito them to bo ready to play their part when 
the timeoomps. The prospectus of the Palais Indian 
Tea Houses Company we give elsewhere. 
A Tbadk Opinion. — Commenting on last week’s sales 
of Indian and Ceylon ten, the Produce MarVeti' I}evitw 
says : — With a oontirued good supply of new Indian 
tea at moderate prices more business has boen trans- 
acted. The quality of the recent import is not up 
to tbe average of the earlier arrivals, but tbe 
decline in value has stimulatod the enquiry for 
tbe lower grades. As these Iiavo now fallen to a 
point at whioli they can bo freely nsud, and 
compare favourably with simil-ar doscriptions 
of Ceylon growths, an increased oousuinption may bo 
looked for, with a further improved enquiry gonerolly. 
The finer sorts are in unusually sraall supply, particu- 
larly Itroken Pekoos with good appearance, coiiao- 
(inently the market continues oxtroraoly firm, and pro- 
bably will remain so until a more liberal quantity of 
the hotter class now tea is offering. liecent tele- 
grims from Calcutta report the quality of the ten 
Irom Assr m as good ; if this is ■confirmed on arrival 
liere it will bo sure to meet with a good reoeption, and 
will sell readily. The quantity of Ceylon tea.s brought 
forward this week has been larger than that during 
the two preceding ones, but not so large, however, as 
was generidly expected. Prices have, cu Iho whole, 
rhowiilit'loi.lteration, for any tendency towards lower 
oates on Tuesday was fully compensated for by a do- 
sidedly si roiigor feeling again on Tliuroday. The ab- 
sence of quality is still lamentably noticeable, and ox- 
travagant prices are in consequence being paid for a 
few Brokons, which have no claim whatover to be con- 
sidered as lino teas. 
SPRING 
VALLEY COFFEE COMPANY, 
LIMITED. 
UiEECTons — B'owu, Erq. (Mimaging Di 
routor), Kdvrard Oonder, Esq., Leon Famin, Esq,, Ueury 
Hart PottP» 
KefoUt to be presented to the Twenty-sixth Ordinary 
Ccneral Meiting of the Compiuy to bo held at No. 6, 
DowgiitP Hill, London, on Wednesday, the 2'Jlh day of 
July, 1891, a' 12-80 o’clock p. m. 
Tho following Annual Accounts are now presoutod to 
Shareholders, viz I-Prcfit and Loss Account for Crop 
1880-90. Bt’lanoe Sheet made up to 31st May, 1891, 
Oaor 1889-90. 
In la-t year’s report, shareholders were iniormed 
that tho coffee crop of the above season was un.satis- 
facloiy, acd it will bo seen that the actual woifjlit sold 
in Lon 'ou amounted to only 805 owt. as agaiu.t an 
origuml estimate of 1,200 owt. This small crop, in- 
clusive of inferior ooiteu sold iu Ceylon, reajised 
£1,315 78 2d, tho average selling price in Loudon being 
1028 Id, as compared with 90i Sd per owt. obtained for 
crop 1888 89. 
inomnfu®'!?! Spring Valley amounted to 
Id-.OUO ib. the iBtiuiato in last Report being 113,0001b. 
aud tbiSy together with 3dyl(i01b., bought frombofsh-* 
bouring estates Hod niAuufactured kt Spring Vatloy, 
sold for £7,966 16s 21, or an average of Hid pet lb., 
the average sellmg price last year being lOid per lb. 
produced 18,477 Ib. of tea, in. 
^ is. longid leaf, which realised 
rlm.T aas ’ ““f. ‘;fO“Slit an average of BJ per lb. as 
against Bid per lb last year. - v ■ 
aold‘fo?“£ 81 U 9 ^ 0 *? 'b. was also 
osrih o - 1 K ^ i®'^’ ‘“0»'’«“‘fieseliing price being Bid 
tom f“‘“‘'^eBal6of produ.-o amounted 
toil3,40.3 7s 8J, tj which has to be added £120 Us 8il. 
£*13,524 lend. 
The total exponilitura in Oaylon and London, after 
”°haiige, amountud to 
*13,011 Gs lOd and dednoting from ibis th.: amount of 
receipts, there remains a loss of £l7 4i lid on tho 
year’s woiking. 
oo^LT‘ 11 that a ooniiderable sum, 
fu ^ brought forw.'\ril from lant year, as 
tne Dir-OtorB nail reasou to autioipa'e some fucIi result 
as the above, sj lUae the amount now sUurliug nt tho 
credit of 1 lOfit and L >ss is therefore £2,153 12s Id. 
Ou the 12th January last, nu interim dividend of 11 
''^**** paid on tbe capital of the Oompanv, and 
tho Directors leoommeud that a further divi.kuid’al the 
same rate be now doulured, making 3 |).,r cent for tho 
year, and leaving £58 Ids 4 t to bo curried forward to 
next aocount. 
Chop 1890-91. 
Ib is !atisfaotury to be ablo to report that tho on*- 
look for this season is very good. The ootteo o ion is 
expeoted to total 3,100 ewt. This marked improve- 
moiit IS due to the comparative ahseoee of leaf distivso 
aud greeu bug, ilio pests whioh have for so long bom 
persooutmg tho coffee bush. The nature of these i>s.si.s 
IS, however, so peoiiliar that it is impossible to s y 
to what extent this immunity can be relied upon fur 
any length o time. The weather has, no So.U 
infiuenon of tliese 
au-1 although It IS hoped that tho disoasos may only 
ooutinuo m a mitigated form, still, iu view of past 
experience, it would cash to oouut too hopefully on 
theso pests not putting themselvea atroujly in evidence 
agaiu as, wo have had similiat disappointments in tho 
potted to he looking vvell lor next season. There sro 
872 acres still remaining under coffee on Spring Vul- 
ley, and It IS not intended in the meantime to rVar'j 
any of this area with tea. oaunmu to rtpianj 
.Valley oontinuea to grow vvell 
abvove season win°probably"b^ about* IfiOIlOOlIu' 
satisfactory.* ™ 
Tho area uudor tea is a.s Ibllowa 
Tea. 
I’lanted Nov /Dec. 1334 on .Spring Valley 
” ?i„J’irv u ““ C olanakunde 
” May'^ IHSH ““ r^P""*-' 
” on Oolutuakkude 
„ Nov. /Dec. 1888, on ^uriiiLr VhIIdv 
Nov./Dec. 1890,^°“ 
Totvl area under tea ... 767 
The price of silver ruled high during four months of 
it i“ “Ot expected that tho 
M VI J 1“K» asia.styoar. 
Mr. Edward OonJ, r a Member of the Board, rolirf s 
re-ole*otioD**^**°*' ***** eligible, oitevs liimsoU r 
Messrs, beloitte, Dover, Griffiths & Co., the Audi- 
tors,- also olfer themsolvoa for re-olecHon. By orden 
July 20tb, 1891, 
acres. 
■ 271 
. 143 
. 230 
7 
. 20 
. 90 
