pectation of the average
prices realised being higher than those of the previous years. The
season was cold and unfavorable, or the crop would have been 10,000
lbs. more.

The exact amounts obtained for the Company's teas in the five years,
ending with 1851, will be seen from the following figures:--

Net produce, lbs. Average price. L
1847 144,164 at per lb. ls. 7-1/16d. 11,513
1848 182,953 " ls. 81/4d. 15,436
1849 216,000 " ls. 91/2d. 19,350
1850 253,427 " ls. 6-1/8d. 18,153
1851 271,427 " ls. 81/2d. 22,152
1852 esmtd. 280,000

This exhibits a progressive increase in the aggregate value of the
Company's produce, and this has been effected, it is stated, without
any sensible increase of the current expenditure. It exhibits also a
rise in the value of the tea (157,942 lbs. having been sold at the
high average price of 1s. 111/4d.), a fact strongly indicative of its
increasing excellence. The details of the crop of the season of 1849
showed a net produce of 237,000 lbs. of tea; so that the Company are
increasing their cultivation to the extent of nearly ten per cent, per
annum, and the increase will doubtless proceed with greater rapidity,
whenever the increase of capital enables the directors to extend their
operations.

In a report submitted to the Directors, by Mr. Burkinyoung, the
managing director in Calcutta last year, he thus speaks of the
Company's field of operations and future prospects:--

"The box-making is especially worthy of notice for its effective
organisation and economical arrangement; the work is performed
chiefly by Assamese boys instructed at the factory: the number of
boxes required for the year's consumption will not be short of four
thousand, the whole of which will be made at the factory,--an
achievement that cannot be too highly estimated in a country so
destitute of mechanical labor.

Notwithstanding the high standard of quality and strength to which
our teas have already attained, I am of opinion that, as experience
advances, and our knowledge and system of plucking and manufacturing
the crops become improved, and better organised, a higher standard
of quality and value may yet be realised; in this opinion the
superintendent concurs with me, and the attainment of this object is
one to which his attention's