Tobacco review

Media

Part of The American Chamber of Commerce Journal

Title
Tobacco review
Creator
Meyer, P. A.
Language
English
Year
1934
Rights
In Copyright - Educational Use Permitted
Fulltext
October, 1934 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 27 restriction of export crops will grow his sub­ sistence first, this would also appear to be il­ lusory. World rice prices are still low, due to surplus stocks in the orient; like sugar, rice has reached an impasse respecting production; there ensues decline of better methods, fertilization of lands, irrigation, which themselves connote crop progress. North Atlantic (Europe)............ 25,281 Spain.................................................... 1,253,298 Straits Settlements............................. 476 United States..................................... 33,083 TOBACCO REVIEW By P. A. Meyer Alhambra Cigar and Cigarette Mfg. Co. 1,382,684 Cigars: The cigarmakers’ strike continued until the end ot the month, with one serious disturbance at the La Minerva Factory. Settle­ ment of the strike was prematurely announced by the press at various intervals, but actual work was only resumed on October 1st. Shipments to the United States amounted to 5,324,874 cigars against August shipment of 14,822,897 cigars and .July shipments of 13,095,110 cigars. Tondo.....................#....................... Binondo........................................... San Nicolas..................................... Ermita.............................................. Malate.............................................. Paco.................................................. Sta. Ana.......................................... Quiapo.............................................. San Miguel..................................... Intramuros....................................... Pandacan ........................................ 34,281 110,000 24,317 20,500 35,756 112,494 13,535 1,479,386 20,000 12,000 2,950 Pl.991,257 Raw Leaf: Buy­ ing of the new crop in the Valley con­ tinued t hroughoutthe month at slightly in­ creasing prices. The quality of the to­ bacco has suffered somewhat on account of humidity. Total Valley crop is esti­ mated at 400,000 quintals. Exports were insignificant ex­ cept a heavy ship­ ment to the Spanish Monopoly. They were: REAL ESTATE By P. D. Carman Addition Hills St-i. Cruz. Sampaloc . 1933 January to August inclusive total was P7,099,487; during the same period this year it is P7,185,785, showing a slight increase. There is a considerable increase over the 1932 total of P(>,210,223 during the same period. The September total shows a staitling in­ crease over the business of any month since •July of 1931. This, however, is the result of four unusually large transfers in Binondo and Quiapo. Sales City of Manila September 1931 ............. P 66,400 ................ 59,638 Sales City of Manila May, June. July & August 1034 Sta. Cruz......................................... Sampaloc......................................... Tondo............................................... Binondo........................................... San Nicolas..................................... Ermita.............................................. Malate.............................................. Sta. Ana. ' ’ \\ / Sta. Mesa........................................ Intramuros....................................... Quiapo.............................................. Pandacan ....................................... San Miguel..................................... P 796,121 664,443 348,636 90,950 181,260 169,722 273,850 148,836 132,783 43,074 29,000 37,350 9,885 39,263 Total. I Four Merchants’ Opinions One merchant says: “... It is difficult to tell what we have learned from our experiences except that, speaking for our organization, we have all learned to be very humble.” An­ other merchant, as well known, says: “Success is going to be measured by our consistent everyday business, with balanced stocks in wanted staples and styles that are in demand; in the continued promotion of those goods.” A third says: “...the promotion of timely, wanted mer­ chandise is essential to our continued profit making; in fact, to our very existence.” A fourth says: “...and I cannot too strongly repeat that we in our store are firmly of the opinion that not one peso should be spent on the advertising of goods not in demand —and that not one peso less than what is required to do a thorough job should be spent on the advertising of goods in demand.” When you place your advertising in the MANILA DAILY BULLETIN you are making a direct appeal to the buying power of Manila IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL