Food Products

Title

Food Products

Creator

Herdman, C. G.

Language

English

Source

The American Chamber of Commerce Journal Volume XXVIII (No. 8) August 1952

Year

1952

Rights

In Copyright - Educational Use Permitted

Fulltext

316 AMERICAN CHAMBER OF COMMERCE JOURNAL August, 1952 Y O UK 1953 Calendar & Printed Specialties Do you want something individual . . . unique? COLOR WORK is our specialty. BUT we must have time. Arrange to send in your jobs early. Better still, let us talk them over NOW I Call 3-2'1-70 for a representative JlcCullou^h PRINTING COMPANY PRINTING HEADQUARTERS SINCE 1899 (A DIVISION OF PHILIPPINE EDUCATION CO.) 1101 Castillejos, Quiapo, Manila MIS, HESSLEIN & CO, II. 75 WORTH ST.,'NEW YORK, N.Y. FOREMOST SUPPLIERS OF TEXTILE FABRICS THROUGHOUT THE WORLD for 86 years and FOREMOST SUPPLIERS OF TEXTILES TO THE PHILIPPINES FOR 51 YEARS. ♦ • FAUST SUITINGS • FLATTERY PRINTS • WALDORF PERCALES • SEINE TWINE & YARNS • AGUILA DENIMS • CARABELA CHAMBRAYS • COMMANDER BROADCLOTH • COTTON & RAYON POUND-GOODS -------------------------- MANILA OFFICE:---------------------------209 ROSARIO ST. MANILA PHONE 2-69-17 Cable Address “NEIIESCO” Hardware (Total)................................................ Household (Total)............................................... Machinery (Total).............................................. Metals (Total)....................................................... Petroleum Products (Total)............................. Radios (Total)....................................................... Rubber Goods (Total)....................................... Beverages, Misc. Alcoholic............................... Foostuff (Total Kilos)...................................... Foodstuffs, Fresh (Total).................................. Apples................................................................. Oranges............................................................... Onions.................................................................. Potatoes.............................................................. Foodstuffs, Dry Packaged (Total)................. Foodstuffs, Canned (Total).............................. Sardines.............................................................. Milk, Evaporated............................................ Milk, Condensed............................................. Foodstffs, Bulk (Total)...................................... Rice...................................................................... Wheat Flour..................................................... Foodstuffs, Preserved (Total).......................... 3,367,424 894,162 2,076,691 8,804,024 49,667,708 22,260 536,155 9,343,391 620,213 3,130,605 11,048,864 96,397,632 14,082 1,361,095 2,025 20,218,961 131,524 1,000 9,237 94,943 2,500 19,620 217,853 18,140 105,290 37,650 315,662 283,058 723 7,390 44,098,044 101,569 1,305 14,569 37,079 26,905 19,995 1,041,131 27,225 558,807 63,576 586,042 12,501 493,036 83 Bottling, Misc. (Total)...................................... 626,108 1,022.876 Cleansing and Laundry (Total)...................... 43,007 51,016 Entertainment Equipment (Total)................ 20,330 2,300 Livestock-bulbs-seeds (Total).......................... 40,373 1,776 Medical (Total)..................................................... 284,519 496,630 Musical (Total).................................................... 23,842 13,775 Office Equipment (Total)................................. 89,927 14,113 Office Supplies (Total)....................................... 121,521 36,043 Paper (Total)........................................................ 4,233,121 7,062,209 Photographic (Total).......................................... 56,412 30,492 Raw Materials (Total)....................................... 1,070,247 1,477,818 Sporting Goods (Total)...................................... 6,895 27,080 Stationery (Total)............................................... 350,749 351,601 • Tobacco (Total)................................................... 1,015,919 458,832 Chucheria (Total)............................................... 22,141 55,784 Clothing and Apparel (Total).......................... 308,447 267,249 Cosmetics (Total)................................................ 11,876 50,843 Fabrics (Total)..................................................... 1,236,723 1,193,447 Jewelry (Total).................................................... 305 156 Leather (Total).................................................... 47,227 72,421 Textiles (Total).................................................... 2,044,187 998,100 Twine (Total)....................................................... 34,767 136,995 Toys (Total)......................................................... 3,784 16,003 General Merchandise (Total).......................... 505,252 457,209 Non-Commercial Shipments (Total)............. 61,065 104,235 Advertising Materials, Etc. (Total)............... 58,590 71,908 Food Products By C. G. Herdman Vice-President, Trading Division Marsman &• Company, Inc. ARRIVALS of foodstuffs in the Philippines during July were quite light in volume except for a few commodities. Wheat flour arrived in considerable quantities and there is quite a large volume expected during August. In fact, the market today is if anything slightly overstocked. It promises to be so for 60 days or so. In spite of this fact, PRISCO has continued rationing flour, although it has been stated it will probably discontinue rationing during August. There definitely would seem to be no necessity for rationing to continue when supplies are more than ample. Canned milk also arrived in very fair quantities and there would appear to be no probability of a shortage in the market of this commodity anytime in the near future. There were quite heavy arrivals of potatoes and onions, most of which were covered by import licenses specifying that these imports were to be used for seed. All such im port licenses carried an expiry date of June 30; that is, shipment from point of origin had to be effected by that date. Further importations are banned by executive order August, 1952 AMERICAN CHAMBER OF COMMERCE JOURNAL 317 and it is anticipated that stocks of both potatoes and onions from now on will be practically non-existent as the local product will not satisfy even a small fraction of the con sumer demand. Considerable quantities of canned coffee have also arrived during the last few weeks and supplies of imported brands are freely available. Local roasters are complaining that importation has been so large as to make it difficult to dispose of the local product and local roasters have in some instances closed down altogether and in others are working part-time only. Imports of canned fish have been far below normal. In spite of continued requests by importers for revision of ceiling prices on canned fish, no action has been taken. Ceiling prices established by the Government continue to be below the landed cost of canned fish, based on prices ruling in the markets from which supplies are secured, and importations undoubtedly will continue to be very light. An acute shortage of canned fish appears to be almost inevitable in the near future. The fishing season in Cali fornia in the Monterey District is supposed to open about the 10th of August but advices from California are that the run of fish in that district this year promises to be very light and that it is doubtful that supplies will be available in any real volume. Costs there have further advanced as fishermen are demanding a higher price for their catch. Canned fruits and vegetables, canned meats, and miscellaneous groceries of all description, also fresh fruits, have been received in very limited quantities and there is a definite shortage of thdse items and every prospect that there will be an acute shortage from, now on. Information is that import quotas for established importers of controlled essentials and non-essentials for the present semester will be reduced by the Import Control Commission to a figure not more than half of that licensed during the first semester of 1952. This means in effect that established importers during the remainder of this year will be unable to do more than half the business they did during the first semester and this is going to work great hardship on general importers and their employees, as the reduced volume of business will force a curtailment of expense. Some firms will'undoubtedly be forced out of business altogether. Almost without exception, they will have to reduce personnel. Textiles By W. V. Saussotte General Manager Neuss, Hesslein Co., Inc. THE strengthening of New York market prices, which began to be felt during the second half of June, con tinued with gathering force throughout the entire month of July. This upsurge followed 15 months of de clining prices, so that it was considerably overdue. The change in the market in New York indicates that the rather heavy inventories held in the distributing trades as well as at mill levels during most of 1951, have now been liquidated. While these inventories were heavy there was a production curtailment program followed by many mills in an effort to steady the market. In addition to the reduced inventories and the cur tailed mill production, the U. S. Department of Agriculture announced early in July that about 7% less acreage has been planted to cotton this year than fast. This conceivably could mean a crop of about 14,500,000 bales, whereas the program of the United States Government contemplated 16,000,000 bales for this year’s production. This year’s carry-over of raw cotton is one of the smallest on record ★ LUZON STEVEDORING COMPANY, INC. Manila ★ SERVICE WITH SATISFACTION / CUSTOMS BROKERS / WAREHOUSEMEN / TRUCKING / PACKING & CRATING / FREIGHT FORWARDING / SHIP HUSBANDING / CARGO SUPERINTENDENCE / ARMORED CAR SERVICE v AIR CARGO AGENTS / TRAVEL AGENTS / FIELD WAREHOUSING LUZON BROKERAGE COMPANY Derham Bldg. Cables: Telephone: Port Area LUBROCOIN 3-34-31

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