Lumber review

Media

Part of The American Chamber of Commerce Journal

Title: Lumber review
Creator: Fischer, Arthur F.
Language: English
Year: 1934
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Fulltext: 22 THE AMERICAN CHAMBER OF COMMERCE JOURNAL January, 1934 Passenger traffic for the month of November 1933 was characterized by heavy arrivals, although departures decreased slightly over totals for October, as shown by the following figures. Declines, however, were shown in Inter-Port business, the movement to the Pacific Coast showing a slight increase. Number of Passengers departing from the Philippines during November 1933: Inter- Third China and Japan............... Honolulu.............................. Pacific Coast....................... Europe via America. ........ Straits Settlements and Dutch East Indies......... Europe and Mediterranean Ports Beyond Colombo.. America via Suez............... Round-the-World............... 76 47 0 139 225 13 23 32 115 8 0 29 3 20 10 1 6 1 0 3 6 0 2 Total for November, 1933.. 188 212 366 Total for October, 1933 .. . . 194 266 438 During the 12 months ending with October, 1933 there were 2,106,684 tons of cargo exported from the Philippines, a total of 528,227 tons in American ships and a total of 1,578,457 tons in foreign ships. Japan took 189,395 tons, Europe 267,013 tons, Australia 10,019 tons, the United States the rest: 288,667 tons to the Pacific coast for local consumption, 8,414 tons for inland delivery at the Pacific coast, 15,341 tons to the Pacific coast for intercoastal shipment. 1,327,853 tons to the Atlantic coast, most of it sugar. In total exports of 2,106,684 tons during 12 months, the average is 175,557 tons a month or roughly 44 cargoes of 4,000 tons each. Passengers numbering 12,843 were accom modated out of the Philippines during the same period. First class: 2,233 to China and Japan, 46 to Honolulu, 405 to the Pacific coast, 181 to Europe via the United States, 545 to the Strais Settletments and Dutch East Indies, 220 to Europe and the Mediterranean beyond Colombo, 206 to the United States via Suez, and 52 to Australia. Second class: 2,850 to China and Japan, 98 to Honolulu, 772 to the Pacific coast, 110 to Europe via the United States, 97 to the Straits Settlements, and Dutch East Indies, 359 to Europe and the Mediter ranean beyond Colombo, 45 to the United States via Suez, and 12 to Australia. Third class (steerage): 3,393 to China and Japan, 404 to Honolulu, 641 to the Pacific coast, 65 to the Straits Settlements and the Dutch East Indies, 78 to Europe and the Mediterranean beyond Colombo, and 1 to Australia.—IP. R. LUMBER REVIEW By ARTHUR F. FISCIIER Director of Forestry Lumber and timber exports during Octo ber, 1933, were very satisfactory insofar jus volume is concerned. There were during the month under review 10,884,504 board feet with customs-declared value of 1*373,683 shipped t o foreign mar kets as against 5,567,968 board feet with customs-declared value of P 166,989 for the corresponding, month in 1932, or an increase of 95%. Even if compared with the previous month, the total lumber and timber exports during October represented an increase of 14' "c. Prices, however, remained still below the 1929 levels. Japan continued its importation of Philippine logs in large quantities. The total amount of lumber and timber shipped to that country was 6,950,208 board feet as against 3,887,656 board feet for October of last year, or an increase of 79%. Lumber shipments to the United States were very active as shown by the fact that, during the month under review there were 3,057,888 board feet exported to that country as against 56,816 board feet for the correspond ing month in 1932. Although no doubt this favorable showing is a reflection of the recovery of the United States market, it may in part be also due to the proposed limitation of Phil ippine lumber importation into that country— increased shipments were made in anticipation of such limitation, it is believed. Shipments to Great Britain also showed an increase of 49% as compared with the corresponding month last year. While the exports to the above three countries showed considerable increases during the month under review, exports to China declined 88% as compared with October last year. This was primarily due to the still unstable conditions in that country. During the month under review, the total production based on 46 mills was 13,338,823 board feet as against 10,374,459 board feet for the corresponding period last year, or an increase of 28%- The mill deliveries registered also an increase of 13%, it being 12,384,306 board feet as against 10,989,990 board feet during October of 1932. It will be noted that the mill pro duction during the month was greater by about 8% than the mill deliveries, which was largely due to the fact that the local markets were quiet. However, despite the above unfavorable condition, the total mill inventories at the end of the month under review was 5% less than that at the end of the corresponding period last year. The following statements show the lumber and timber exports, by countries, and the mill production and lumber inventories for the month of October, 1933, as compared with the corre sponding month of the previous year. ASSOCIATED OIL COMPANY PURE CRYSTAL CLEAR Manila • Cebu • Iloilo • Legaspi IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL January, 1934 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 23 Lumber and Timber Exports for October 19c13 Destination Board Feet CustomsDeclared Japan...................... . . . . *6,950,208 Value 1*102,109 United States........ . . . . 3,057,888 206,879 Great Britain......... 578,336 44,044 China...................... . . . . 160,696 10,196 British Africa........ 121,688 8,684 Denmark................ 15,688 1,771 Guam..................... . . . . ----- — Hawaii.................... — — Total............... . . . . 10,884,504 P373.683 Lumber Deliveries from Mills Destination Board Feet Declared Value Japan........................ . . . 3,887,656 1*64,228 United States.......... 56,816 3,949 Great Britain........... 387,536 32,239 China........................ . . . 1,231,296 65,834 British Africa.......... — — DenmarK.................. — — Guam....................... 4,664 724 Hawaii...................... — 15 Total................. ... 5,567,968 P 166,989 Note:—*This represents mostly solid log scale, that is, 424 board feet to a cubic meter. For 46 Mills for the month of October Month 1933 1932 October......................... 12,384,306 JO,989,990 Lumber Inventory Month 1933 1932 October........................... 25,061,085 26,504,582 Mill Production___ Month______________ 1933______ 1932 October........................... 13,338,823 JO,374,459 Note:—Board feet should be used. TOBACCO REVIEW By P. A. Meyer Alhambra Cigar and Cigarette Mfg. Co. 1932 CustomsRaw Leaf: The local market con tinues firm with no important transac tions reported. Ex ports during the month were us fol lows: Rawleaf, Stripped Tobacco and Scrap* Kilo.* Australia. 388 China 57,712 Gibraltar. 12,98') Hongkong. 1,216 Japan. 855,555 Java.................................. 630 North Africa....................................... 2,018 North Atlantic (Europe).............. 73,528 Spain............................................... 2,972,716 Straits Settlements. 1,304 United States . 80,213 Uruguay 4,720 3,163,040 In view of these unusually large quantities exported during Decemlier the total tobacco export for the year 1933 was brought up nearly to the previous year's total, as the following figures will show: Kilos 1933. 17,840,818 1932....... 18,981,821 1931....... 20,526,266 Kilos 1930.. . 20,116,000 1929.. .. 24,287,000 1928.. . 18,811,000 Cigars: Shipments to the United States were as follows: December 1933: 16,154,551, December 1932: 12,498,070. Total during 1933 was 185,056,249 as compared with 176,294,144 in 1932, or 187,360,260 in 1928. REAL ESTATE By P. D. Carman Addition Hills The following shows the monthly and yearly totals of Manila sales since the record was start ed in 1919. The figures are in pesos, fifty cen tavos or over being count ed as one peso, less than fifty centavos disregard ed. The totals are some what less than actual sales since there are oc casional instances of un recorded amounts and one-peso sales. The rather high totals of the depres sion years of 1929, 1930 and 1931 probably can be explained by heavy previous installment sales unrecorded until obligations were liquidated and deeds of sale registered. “Cesiones en pago de deudas," which now appear more frequently than in earlier years, have been included as sales. When comparing the volume of business during the past five years with that of more prosperous BONDS Firearm Ammunition Judicial Contractors Customs Internal Revenue Fidelity and other Bonds INSURANCE Fire Marine Earthquake Typhoon Workman’s Compensation and other Insurance Call or Write for Particulars Fidelity and Surety Company of the Philippine Islands Geo. C.. Dankwerth President P. M. Poblete Sec.-Treasurer E. B. Ford Vice-President A. Santwico Asst. Sec.-Treasurer UROMIL Powerful Urenlc Dissolvent Astonishing cures of the most rebellious ca ses of Gout Rheumatism Arthritis Agents for the Philippines BOTICA BOIE Monte de Piedad Building Plaza Goiti Tel. 2-12-55 Manila, P. I. Vroiroplna 0.051: Benzoato lltlco 0.028; Sales plperaclnlcas 0.048; Fosrato dlsodlco 0.028; Esclpicnta ofcrvescente q. s. para 1 gr n. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL