Tobacco review

Media

Part of The American Chamber of Commerce Journal

Title
Tobacco review
Language
English
Source
The American Chamber of Commerce Journal Volume 9 (Issue No. 9) September 1929
Year
1929
Rights
In Copyright - Educational Use Permitted
Fulltext
26 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1929 present tendency will make men reluctant to en­ ter a profession where women outnumber them; it is said that women will soon be employed as pharmacists everywhere, in pharmacies, labora­ tories, hospitals, maternity houses, etc., and may, more advantageously than men, and upon smaller net profit, manage drug stores of their own. Arguing along this line, those who fear wo­ man’s competition in our profession say that graduate women pharmacists accept pharma­ cists’ positions in drug stores and doctors’ offices at salaries out of the question for men who don’t renounce the desire to marry and support fami­ lies. On the contrary, young women who are pharmacists can accept these positions and hold them one or two years, living quite decently on their small salaries until they marry—as they always do—and the burden of their mainte­ nance falls upon their husbands. If, too, as is frequently the case, the husband of one of these young pharmacists is a doctor, when both keep on with their respective professions the advantage is still greater. If in other professions, as that of law, marriage is an impediment to woman, in pharmacy it is not. In the Philippines, where Spanish customs and social conventions are still influential, the woman, married and perhaps a mother, who appears as an attorney in one court and another, defending or prosecuting delinquents, resolving political disputes and engaging in similar ac­ tivities pertaining to the life of a lawyer, is not looked upon with unmitigated favor. On the contrary, the mother who is a pharmacist may, it seems, have her children with her in her office, attend her other domestic duties too, and the public of the Philippines will think it all quite correct—even view it with genuine approval. In rebuttal of all this, others say that if women who are pharmacists accept positions at low salaries, men do too, that the whole question is one of supply and demand, or that it is a result of the disruption and reorganization of social classes: both sexes are culpable if salaries are too low, and not the fair sex alone. “We,” say the women, “are no obstacle to a strong compact union for mutual protection concerning salaries sufficient to a decent livelihood. Our teachers in the classroom inculcate this principle; we use the same materials and instruments as men in the common laboratories, and we are examined as to fitness to practice pharmacy along with men, by an examining board which, it goes with­ out saying, is entirely made up of men; and so we feel we have the same rights as men to use our abilities in the struggle for existence.” TOBACCO REVIEW Alhambra Cigar and Cigarette Manufacturing Co. Raw Leaf:—According to the latest informa­ tion there still remain about 50,000 quintals ex the 1929 Ysabela crop in the hands of the farm­ ers. Prices in Manila have not gone up in pro­ portion to what was paid in the Ysabela pro­ vince. The exportation of cheaper Cagayan grades maintains a satisfactory volume. Com­ parative figures for August are as follows: Rawleaf, Stripped Tobacco and Scraps Kilos Australia............................................ 1,352 China................................................. 2,849 Czechoslovakia.................................. 840,318 Hongkong........................................... 42,913 Japan.................................................. 120 Java.................................................... 2,200 North Africa..................................... 26,234 North Atlantic (Europe)................... 109,661 Spain................................................... 1,152,576 Straits Settlements............................ 615 United States.................................... 114,273 Uruguay............................................. 41,540 2,334,651 July, 1929.................................. 3,010,653 August, 1928.............................. 2,043,652 Cigars:—Shipments to the United States, while somewhat larger than in July, still lag considerably behind the corresponding 1928 period. A great part of these exports leave some of the manufacturers but a very close margin of profit. Statistics of cigars shipped to the United States compare as follows: August 1929..............................about 15.060,000 July 1929........................................... 14,848,479 August 1928....................................... 18,929,943 Diet and The Duration of Life {Continued from page 16) result of doubling the amount of milk was a gain of exactly 10% in the span of life for both males and females. The acid test of statistical ana­ lysis indicated that there was not more than one chance in a hundred for error due to accident. Translated into human experience, this study indicates that at least six years could be added to the span of life by means of proper nutrition. The fluid in the fountain of youth is purer milk, and nutrition, in proper combination with other sanitary and hygienic factors, can actually promote longevity. INFORMATION FOR INVESTORS Expert, confidential reporta made on Philippine project a ENGINEERING, MINING, AGRICULTURE, FORESTRY, LUMBER, ETC. Hydroelectric projecta OTHER COMMERCIAL AND INDUSTRIAL ENTERPRISES BRYAN, LANDON CO. Cebu, P. I. Cable addreaa: “YPIL,” Cebu. OXYGEN Compressed Oxygen 99.5% pure HYDROGEN Compressed Hydrogen 99.8% pure ACETYLENE Dissolved Acetylene for all purposes WELDING Fully Equip­ ped Oxy-Ace­ tylene Weld­ ing Shops BATTERIES Prest-O-Lite Electric Stor­ age Batteries Philippine Acetylene Go. 281 CALLE CRISTOBAL, PACO MANILA, P. I. REVIEW OF THE HEMP MARKET By L. L. Spellman Macleod and Company This report covers the Manila hemp market for the month of August with statistics up to and including September 2nd, 1929. U. S. Grades:—The market in New York opened dull with a weak tendency and shippers anxious to sell with buyers holding off. Sell­ ing prices were nomin­ ally on the basis of: D, 13% cents; E, 12% cents; F, 11% cents; G, 8% cents; H, 7% cents; I, 11% cents; JI, 10% cents; SI 11% cents; S2 10% cents; S3, 9% cents. The market continued dull and weak with shippers endeavor­ ing to sell even at lower prices, the result being that by th,e middle of the month prices had declined to: D, 13% cents; E, 12% cents; F, 11% cents; G, 8% cents; H, 7% cents; I, 11% cents; JI, 10% cents; SI, 11% cents; S2, 10% cents; S3, 9% cents. Sales during the last half of the month were very few and prices con­ tinued to decline; the market ending weak with sellers of E at 12% cents; F, 11% cents; I, 11 cents; SI, 10% cents; S2, 10% cents; S3, 8% cents; G, 8% cents. There were also sellers of Davao F at 11% cents; Davao I, 11% cents; Davao JI 10% cents and Davao G at 10 cents. In Manila the market was quiet on the first of the month with shippers paying the following prices: D, P30.50; E, P28.50; F, P26; G, P18.25; H, P15; I, P25; JI, P22; SI, P25.50; S2, P24; S3, P18.75. Receipts were very much larger than could possibly be expected during the past month with the natural result that prices con­ tinued to give way and the Manila market closed depressed with a few buyers at the follow­ ing nominal prices: D, P28; E, P26; F, P24.75; G, P17.25; H, P14; I, P24; JI, P21.25; SI, P24; S2, P22.50; S3, P17.75. These prices showed a considerable decline from the begin­ ning of the month and most of the houses are showing very little interest in hemp. U. K. Grades:—The U. K. market opened quiet with buyers holding off and nominal prices ruling as follows: J2, £38.10; K, £33.5; LI, £33.5; L2, £30.10; Ml, £30.10; M2, £27; DL, £27; DM, £22. Toward the middle of the month the market became dull with buyers rather than sellers at the following quotations: J2, £38; K. £33; LI, £33; L2, £30.5; Ml, £30.5; M2, £26.15; DL, £27; DM, £22. The exces­ sively large receipts of hemp had the usual depressing effect on the London market with buyers only being interested for their immediate requirements. The market continued dull and inactive with a d wnward tendency until at the end of the month the market was stagnant and very depressed owing to heavy receipts. The following were nominal quotations for dis­ tant shipment: J2, £36.10; K, £31; LI, £31; L2, £28; Ml£28, M2, £25.10; DL, £25.10; DM, £21. In Manila the market for U. K. grades on the first of the month was quiet with nominal prices as follows: J2, F17.75; K, P14.75; LI, P14.75; L2, P13.25; Ml, F13.25; M2, P10.75; DL, P10.75; DM, P8.75. Between the first and the middle of the month there was a slight im­ provement in local prices but they again eased off with the following quotations: J2, P18; K, P15; LI, P15; L2, P13.50; Ml, P13.50; M2, P11.25; DL, P11.25; DM, 9. The market continued quiet for a few days but towards the end of the month became depressed and ended up very depressed with few buyers at the follow­ ing prices: J2, P16.75; K, P14; LI, P14; L2, P12.50; Ml, P12.50; M2, P10.25; DL, P10.25; DM, F8. Japan:—This market bought a fair quantity of hemp during the earlier part of the month but their prices were not attractive and the tendency of the market has been very weak during the IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL