Lumber review

Title

Lumber review

Creator

Fischer, Arthur F.

Language

English

Year

1928

Rights

In Copyright - Educational Use Permitted

Fulltext

October, 1928 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 35 TOBACCO REVIEW Alhambra Cigar and Cigarette Manufacturing Co. Leaf-. Exports were maintaining a satis factory volumen, 62% of which were for the Spanish Monopoly. Shipments to the United States showed a steady increase during the last few months, consisting of stripped leaf. Ship ments to Japan are mostly Union Tobacco, with LUMBER REVIEW For the First Six Months of 1928 By Arthur F. Fischer Director of Forestry YES, STEP RIGHT IN, PLEASE prospects for a steady market. Details are as follows: Leaf and Scraps Kilos Algeria.................................. 11,340 China.................................... 67,051 French Indochina............. 53 Hongkong............................ 50,389 Japan..................................... 175,980 Java....................................... 2,282 North Atlantic (Europe). 231,900 Spain..................................... 1,176,588 Straits Settlements........... 1,198 United States.................... 200,333 Heresy! Yours of May 14, with the interesting clipping, came to me yesterday, after both conventions had faded into history and oblivion. However, Cotterman was not overlooked even though I did not write about him. I was in Chicago only two days before going to work and got back again only yesterday. Your letter was mislaid with about fifty others of mine in the Houston hotel, and as none of the insular statesmen knew of my existence they did not look me up. Both conventions were tame— and wet enough to float any dry plank! . . . The hurlyburly here makes me long for the quiet of Moscow. A book of mine, Increilible Siberia, Dial Press, has been published, and I am writing another, but there has been no financial return, merely exercise so far. —Junius B. Wood: Moscow Correspondent, Cliieaiio Daily Xcies Foreign Service. Total............................ 1,917,114 Cigar : Exports to the United States increased still further, as shown by following figures: September, 1928............ 19,455,333 August, 1928................... 18,929,943 September, 1927............ 19.889,280 REAL ESTATE By P. D. Carman San Juan Heights Addition September shows the smallest business this year with the one ex ception of June although being somewhat larger than September 1927. The result may possibly be partly accounted for by the very large num ber of rainy days last Reports from 33 mills show a production for August of 19,971,935 board feet as compared with 17,726,748 board feet for August, 1927; lumber shipment, 19,791,422 board feet as compared with 16,861,753 board feet for Aug ust last year; and lumber inventory, 33,556,712 board feet as compared with 30,009,396 board feet for similar period last year. Export figures for the month under review show a total shipment abroad of 9,767,264 board feet valued at P684.840 as compared with 7,076,560 board feet valued at P606.226 for August, 1927. The above figures for August show an increase of about 2,690,704 board feet in export and 2,146,976 board feet in shipment as compared with sitnilar figures for the previous month (July, 1928), as well as a gain of about 1,593,324 board feet in production and about 639,243 board feet in lumber inventory. Conditions in the local market are practically the same as in the previous month and will continue to be so perhaps until the rainy season is over. The interest shown on the part of lumbermen is still prevalent. Contracts for the Shanghai market have been renewed and concerted efforts Charlie Crytser heard from: I want to compliment you on the very much improved appearance of the American Chamber »/ Commerce Jour nal and the very fine articles which have been appearing in the last couple of years. The paper has resolved itself into a real encyclopedia of Philippine life and habits and proved very interesting reading to oldtimers who have looked over the copies in my office. —C. A. Crytser: Commercial Tower: 435 North Michigan Avenue, Chicago, Ill. Sales City of Manila Binondo........................... San Nicolas.................... Tondo............................... Sta. Cruz........................ Sampaloc......................... San Miguel.................... Quiapo.............................. Sta. Mesa........................ Sta. Ana.......................... Pandacan........................ Paco.................................. Malate.............................. Ermita.............................. Intramuros.................... P2,327,836 P 899,079 month. August September 1928 1928 P 320,700 P 50,000 162,500 36,000 261,837 179,719 475,959 269,905 164,099 50,359 218,550 19,000 24,892 42,592 16,200 38,500 37,959 8,820 150,699 993 220,756 33,169 245.005 101,272 28,680 61,250 7,500 are being made on the part of the local lumber men to prevent competition particularly in Shanghai. The lumbermen’s association has shown considerable interest in standardizing grades and developing a coordinated effort in the industry as a whole. Bills have been recently introduced in the local legislature for the curtailment of areas under license of the Bureau of Forestry as well as confining forestry licenses to nationals of the Philippines and the United States. The effect of the above bills has been noticeable in the curtailment of immediate investment on the Still hears the East a-callin’: I was pleased indeed to receive your letter of May 22nd and hope that you have been enjoying a full measure of prosperity and good health. Our passenger business has been very good this summer and we have had many compliments in connection with the fine equipment now operated on our North Coast Limited, but, of course, it is unnecessary for me to say that we always have ample room for more patrons, so any time you have an opportunity of saying a good word same will be appreciated and your friends can rest as sured that we always have a representative meeting the Admiral Line as well as Canadian Pacific steamers and that every assistance is rendered to help them with their baggage and other travel worries. Certainly nothing would be more gratifying to me than to have an opportunity of visiting your good city again in the near future and I do hope sincerely that I will have this pleasure ere long. —R. J. Tozer: Asst. Gen. Passenger Agent, Northern Pacific Railway Co., Seattle. INFORMATION FOR ' INVESTORS ! Expert,. confidential reports made i on Philippine projects i ENGINEERING, MINING, AGRICULTURE, FORESTRY, LUMBER, ETC. I ! Hydroelectric projects OTHER COMMERCIAL AND INDUSTRIAL ENTERPRISES BRYAN, LANDON CO. i Cebu, P. I. Cable address: "YPIL,” Cebu. part of loggers and lumbermen in machinery and expansion and also on the part of new capital pending their outcome. From tne following figures of expoits taken from the Bureau of Customs manifests, it is shown that the average price for logs exported has been P23.00 per cubic meter. The average price for lumber exported to the United States has been P90.47 per thousand board feet. The average price of logs as manifested for Japan has been Pl2.00 per cubic meter while the average price of lumber has been P74.87 per thousand board feet. The average price to Great Britain for lumber has been P78.75 per thousand board feet and to China P68.31 per thousand board feet. The average price to Italy has been P141.10 per thousand board feet and to Australia P87.56 per thousand board feet. The grade is not shown but the species can be gotten from the Bureau of Customs returns. 1928 1927 Destination-------------------------------------------------------- - Board Feet Value Board Feet Value Watching Investments Buying Sound Securities is the Beginning of Safe and Profitable Investing Inquiries Invited Hair and Elliott Members Manila Stock Exchange P. O. Box 1479 34-B Plaza Cervantes, Manila I 2-18-44 Phones { 2-18-45 ( 2-26-06 United States Japan............ China............. Great Britain British Africa Netherlands.. Total. . . 3,924,544 2,239,568 2,005,944 1,115,120 435,872 36,040 10,176 P316.607 4,304,024 100,051 1,503,928 137,039 699,176 87,808 370,576 38,174 150,944 3,750 1,411 47,912 P396.145 101,542 62,188 34,228 4,250 9,767,264 P684.840 7,076,560 P606.226 FOR 33 MILLS Lumber Shipment Lumber Inventory 1928 1927 1928 1927 19,791,422 16,861,753 33,556,712 30,009,396 Mil! Production 1928 1927 19,971,935 17,726.748 Note:—Board feet is used. Correspondents: Duisenberg, Wichman & Co. Members New York Stock Exchange Correspondents: Shaw & Co. Members London Stock Exchange IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

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