924 
THE TROPICAL AGRICULTURIST. 
[June i, 1892. 
not see vby 80 or 85 million lb. tea ebould not be 
Bbipped this year Irom Ceylon — be sbould bave 
said so in tbe Obamber ol (. ommeroe— a qaantity 
wbiob certainly would do as good in tbe end as 
all 'bo sooner potting an eff. otual cbeok on tbe 
China trade. However, tbe aolual exports for tbe 
first quarter do not point to soob large figures, 
tbougb we may see a steady advance in tbe remain- 
ing quarters. — Mr. May is very strong on the point 
of keeping up the quality of Ceylon tea if the taste 
of kmerioans is to be captured. Here is a compli- 
mentary paragraph from a letter to me of a 
gentleman connected with the Pooiety of Arts : — 
“You Ceylon people are putting the Indian tea 
wallas to shame in respect to tlhicago. Your Oommis- 
sioner, Mr. Orinlinton, was at the Society of Arta the 
other day. 1 understand that ho is going or has gone 
to tbe States as Secretary of the Indian Committee 
of the Exhibition. I am doing my best to stir up our 
Indian fellows and I hope we shall not be entirely loft 
out in the cold.' 
In another direction, very satisfactory progress 
is reported t Mr. Wbittall, who lately referred to the 
fact that Ceylon tea was evidently becoming better 
known in America, tells me that Bvssian ])kai.ebs 
are beginning to give special attention to our teas, 
and that large purchases have lately b^en made. 
The great drawback is tbe want of big breaks ; but 
this is gradually being overcome, end it will no 
doubt become an object in the larger fac- 
tories in our higher districts to prepare 
and send home large breaks of fine teas with 
tbe view of meeting the demand for Rossu. To 
get a hold of the Russian tea market would be 
almost a greater advantage to tbe Ceylon tea 
planters than to capture America, tbougb it is 
best and wisest to fight for both, and for those of 
Austria, Germany, tko., as well. But have tbe Ceylon 
Tea Fund Committee or tbe Planters' Association 
done anything towards urging tbe Java tea planters to 
turn their attention to the conversion of their 
own countrymen in Holland as well as the Belgiaus 
and West Germans? Java teas are coming in in- 
creasing quantities to Miooing Lane. They ought 
properly all to go to Amsterdam. I must see Mr. 
Ernest Tye of the Indian Association on this point. 
OEVLON TEA OOUPANIEB. 
You have possibly received tbe report of the 
" Ptsndard Tea Company of Ceylon " by last mail ; 
but in case not, I send you the copy Mr. Brooke, 
of Messrs. James Hadden & Co., was good enough 
to lend me : — 
Tub Standabi) Tea Company op Ceylon, 
(LiMiTEn). 
Directors: Alex. Brooke, Esq., 2.5, Penchurch 
Street, L ndon ; Peter Moir, Esq., East Grinstead, 
Sussex ; Robt. Kay Shuttloworth, Esq., Wood End, 
Clithrroo, Lancashire. 
Seoretary ; A. Trafford Brooke. 
Agents in Ceylon : Messrs. George Steuart & Co., 
Colombo. 
The Directors submit Statement of Accounts to .'list 
December, 1891. • 
The Profit and Ijoss Account shows a profit on 
the working of the St. Leonard's Estate (for the 
ten months from 1st March, from which date it was 
bought) £1,670 7 b 9d. 
The results compare favourably with the promises 
in the Prospectus. 
On taking over the Estate there was due to the 
Vendor, and there has been paid as interest i‘iM5 178 8d. 
It is proposed to pay a dividend for the IJ months 
of 1891, at the rate of 10 percent. per annum, free of 
Income "Tax, absorbing £658 l.ls lid. 
The Eskdale and Liddesdale Estates, bought 
from Mr. Norman W. Grieve, are taken over as from 
lat .fanuary, 1892, and promise to be valuable 
properties. 
Balance Sheet at 31bt Deoembeb 1891. 
Dr. 
To Capital : — 
Authoriaad 5000 Sbaree of 
£10 each 
£60,000 
0 0 
First Issue, 700 Shares of 
£10 each 
pa<d 
1800 Shares of 
£d each 
.000 
0 0 
paid ... 
10,800 
0 0 
2500 Shares ... 
Second Issue, 1000 Shares of 
£10 each 
17,800 
0 0 
paid 
350 Shares of 
£1 each 
10,000 
0 0 
paid ... 
350 
0 0 
3750 Shares .. 28,050 0 0 
Paid In advance of Call £130 0 0 
Lesi iu arrrar of Call 36 0 0 105 0 0 
„ Suodry Creditors 
„ Suodry Interest on Advances... ,„ 
„ Profit and Loss Aocouut 
8,155 0 0 
1,880 5 0 
37 IS 9 
1,534 10 1 
£31,397 8 10 
Cr. 
By Eistates (cost inoluding extension) 
„ Cash at Bankers 
„ Preliminary Expenses 
„ Ezpendiiure eii 1893 Crop 
NoTK.-~The Superintendent of tbe St. 
Leonards rstate certifies that tbe small 
liabilities incurred by him are covered by 
assets due to, or property on, tbe estate. 
£30,490 6 0 
495 19 5 
408 4 10 
2 18 7 
£31.397 8 10 
PnoriT AND Loss Account, fob the Chop Year 
Ending 31st December 1891. 
Dr. 
To Interofrt paid Vendor of St, Leonards 
estate ... ... 34.5 17 8 
„ Balance ... ... ... 1,324 10 1 
^1,670 7 9 
Cr. 
Bj NetProfit oo Sale of Produce ... 1,420 7 9 
„ Bark unsold (estimated at) ... 50 0 0 
£1670 7 9 
Another engagement prevented my being at tbe 
meeting which, wiib so satiEfactory a report, was 
naturally a vtry pleasant one. Mr. C. H. Hadden, 
whom 1 bad the pleasure ol seeing a lew days 
before, looking as hearty as he has done any time 
these twenty years back, and Mr. Peter Moir were 
present and could not help iuterobaDging con- 
gratulatioDB on their continued good health. 
Mr. T. S. Origeon of McEBre. Geo. Bleuart & Co. 
was naturally gratified over the sucoeBs of tbe 
company be bad promoted. [Mr. Qrigson is return- 
ing to Colombo early in May with Mrs. QrigBon 
and children.] Mr. Norman Grieve was elected a 
Director, and a better one there could not be 
among Ceylon proprielore ; and in Ihia connection 
Mr. Brooke mentioned to me how “ EandspoUa" 
mark in spite of a falling market bad got a hikher 
average for its teas — a fact noteworthy in view of 
recent adverse criiioism on the latest Ceylon Tea 
( ompany. This reminded me that tbe Echo CiiJ 
Editor had not dealt (airly with lbs few notes 
I left on bis desk in oorrection of his criticism 
of the “Baring” Company. I referred to the high 
reputation of the Directors and to the fact that 
Wangie-oya is a plantation any company might be 
proud to nave ; but this part is ignored and only one 
Item accepted and dealt with (I) as follows ; — 
