The Rice industry

Title

The Rice industry

Creator

Hill, Percy A.

Language

English

Year

1936

Rights

In Copyright - Educational Use Permitted

Fulltext

38 THE AMERICAN CHAMBER OF COMMERCE JOURNAL March, 1936 Here’s how to get Manilas! Genuine Manila Long Filler Cigars in cellophane are obtain able in your ci ty < nearby! List of Distributors furn i shed upon re quest to— C. A. Bond Philippine Tobacco Agent; 15 Williams Street, New York City Collector of Internal Revenue Manila, P. I. M A NIL A S made under sanitary conditions will satisfy your taste I (Health Bulletin No. 28) Rules and Regulations for the Sanitary Control of the Factories of Tobacco Products. “Section 15. Insanitary Acts.—No person engaged in the handling, preparation, processing, manufacture, or packing of tobacco product or supervising such employment, shall perform, cause, permit, or suffer to be permitted, any insanitary act during such employment, nor shall any such person touch or contaminate any tobacco products with filthy hands or permit the same to be brought into contact with the tongue or lips, or use saliva, impure water, or other unwholesome substances as a moist ening agent;....”. THE RICE INDUSTRY By PERCY A. HILL of Munoz, Nueva Ecija Director, Rice Producer s Association Rice prices since our last report are lower by 5 centavos to 10 centavos a sack. Luxury grades arc bringing 1’6.45 to 1’6.65 a sack, macans 1’6.10 to 1’6.30 a sack. The market is steady. Macan palay ranges from 1’2.85 to 1’2.95 a cavan, 44 kilos, luxuries 10 centavos to 15 centavos high er. Receipts during the month were fair, but there was no building up of stocks at consuming centers. Saigon reported Jieavy arrivals but the market tending upward, February 20. Saigon No. 1, 25% broken, 1’6.49; No. 2, 40% broken, 1’6.37. (Sacks of 56-1 2 kilos, c.i.f., Manila or Cebu delivery). The new sack-weight has excited comment. The old weight was 2 cavans of palay, 88 kilos, making 57-1 2 kilos of clean rice with normal mill recovery, and the 1 2 kilo was supposed to be the weight of the sack. The new ruling is, 56-1 2 kilos a sack, for some reason. The standard ganta measurement is 3 liters, with the sa?k or cavan at 75 liters, dry measure; but there is no way for a sack to hold 25 gantas, dry measure, as recovery and quality vary. gofcofjama Specie J3ank —- Itt). (Established 1880) HEAD OFFICE: YOKOHAMA, JAPAN Yeo Capital (Paid Up) . . ......... . .................... 100,000,000.00 Reserve Funds . .................... 129,150,000.00 Undivided Profits......... .................................... 10,060,937.10 MANILA BRANCH 34 Plaza Cervantes, Manila S. Dazai, Manager I i Telephone 2-35-28 Import Dept. Telephone 2-37-58 Export 8: Curre Account Dept. Telephone 2-37-59 Manager CHARTERED BANK cV.nV*”* Capital and Reserve Fund..........................................£6,000,000 Reserve Liability of Proprietors............................... 3,000,000 MANILA BRANCH ESTABLISHED 1872 SUB-BRANCHBS AT CBBU, ILOILO AND ZAMBOANGA Every description of banking business transacted. Branches in every important town throughout India, China, Japan, Java, Straits Settlements, Federated Malay States, French Indo-China, Siam, and Borneo; also in New York. Head Office: 38 Bishopsgate, London, E. C. A. J. McIntosh, Acting Manager, The 1936 crop estimates vary from high to low. Pangasinan had estimated clean rice 3,500,006 sacks, but reports a loss of 2,000,000 sacks. Capi;; has lowered her early estimate by 1.3; the Ilokos region, 40%. The Tayabas crop ie short, also Bulakan’s, and Tarlak, Pampanga and Nueva Ecija report their crops 1 8 below estimates—which fails to tally with threshing records. Official estimates of the crop art 19,390,800 sacks, against requirements for 22,590,600 sacks, a shortage of 3,200,800 sacks. An assemblyman estimated a shortage of 5,000,000 sacks. The next crop will be a short one, due to the plant disease everyone so merrily ignores, and the weather will take the blame. The fine word stabilization is again to the fore like diversification and normalcy. The board the chief executive appointed suggested a revolving fund of 1’2,000,000 for purchase and distribution of rice—presumably imported under some arrangement about the tariff. This seems feasible, but only for the large consuming centers; but the real difficulty lies not there, but in the pro ducing regions. Due to pressing necessity of producers, the crop, short as it is, has been sold without taking subsistence needs into account. Subsistence will provoke demand in the distant consuming centers and thus reduce stocks perilously in the rice provinces themselves. Mechanisms of dis tribution function well in the export-crop regions, but are creaky in the rice regions: and hence, since the main supply will b< shipped away on trade commitments, unrest in the rice provinces may be expected. Telephone 2-37-68 Remittance & Deposit Dept. Telephone 2-37-55 Cashier & Accountant IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

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