Shipping review

Title

Shipping review

Creator

Cavender, H. M.

Language

English

Year

1933

Rights

In Copyright - Educational Use Permitted

Fulltext

November, 1933 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 21 SHIPPING REVIEW By II. M. Cavender General Agent, The Robert Dollar Co. While total ship ments for the month of September amount ed to only 1 IS,970 tons, a reduction from the previous month, this may be consider ed a very satisfactory showing in compari son to 84,682 tons for the month of Sep tember last year. To Japan, there was again a good move ment of hemp. Lum ber and log shipments totalled nearly seven million feet, the best for several years. Tobacco and rope were slow, with little change in other commodities. To the Pacific Coast, coconut oil was very good. Copra dropped off considerably from the previous month, but the total was still well above the average. Cigar shipments both for local and overland delivery were good, and copra meal, hemp, and lumber fair. To the Atlantic Coast, coconut oil shipments amounting to over 16,000 tons were particularly good. Copra and lumber were fair, but hemp dropped from the excellent total of the previous month. Desiccated coconut was again fairly good. As was expected, centrifugal sugar shipments again dropped, less than 12,000 tons having moved. There was again a movement of refined sugar. To European Ports, copra and copra cake shipments were good but less than for the previous month. Hemp was excellent, totalling 53,768 bales. Lumber was better than for some months, and tobacco fair. From statistics compiled by the Associated Steamship Lines, during the month of September 1933 there were exported from the Philippine Islands the following: which 832 were curried ill American Bottoms with 9 which 15.702 were carried in American Bottoms with 9 which 777 were carried in American Bottoms with (> which 1,131 were carried in American Bottoms with 8 which 19,325 were carried in American Bottoms with 7 vhich 115 wi re curried in American Bottoms with 2 vliich _____ were carried in American Bottoms with which 37,882 were carried in American Bottoms with 14 THE PRESIDENT LINER WORLD-WIDE SERVICE FLEET AMERICAN MAIL LINE “The Short Route to America” To SEATTLE via CHINA, JAPAN and VICTORIA Pres. Cleveland - Nov. 22 Pres. Jackson - - Dec. 6 Pres. Jefferson - Dec. 20 Pres. Grant----- Jan. 3 Pres. Cleveland - Jan. 17 Travel “Presid^FLiner” Tourist Class Manila to Seattle or San Francisco only $200; with private bath, $227. “President Hoover” and “President Coolidge” Special Class at slightly higher fares. DOLLAR STEAMSHIP LINES EAST OR WEST TO NEW YORK Via China-Japan, Honolulu San Francisco Panama Canal Pres. Taft ------ Nov. 18 Pres. Coolidge - Nov. 29 Pres. Pierce - - Dec. 16 Pres. Hoover - - Dec. 27 Pres. Wilson - - Jan. 13 Via Suez Canal and Europe Pres. Monroe - - Nov. 27 Pres. Van Buren-Dec. 11 Pres. Garfield - - Dec. 25 Pres. Polk - - - - Jan. 8 Pres. Adams-----Jan. 22 PHILIPPINE INTER-ISLAND STEAMSHIP CO. SUPERIOR INTER-ISLAND SERVICE S. S. “MAYON” sails Tuesdays at 2 P. M. from Manila to Iloilo Zamboanga, Cebu, Iloilo back to Manila. FUTURE SAILINGS Nov. 21 Nov. 28 Dec. 5 Dec. 12 Dec. 19 Dec. 26 FOR BOOKINGS AND INFORMATION APPLY TO: THE ROBERT DOLLAR CO. General Agents Robert Dollar Bldg., Port Area — MANILA — Telephone 2-24-41 87 Escolta IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL 22 THE AMERICAN CHAMBER OF COMMERCE JOURNAL November, 1933 Passenger departures from Manila for Sep tember 1933 show a decrease from last month’s figures in both first and intermediate classes— first class business showing a decrease of 29% and intermediate class a decrease of 22%. Third class departures are the same as last month. Compared with departures during September 1932, this year’s figures show a decrease of 12% in first class business and an increase of 52% in intermediate class. September 1933 third class business is down 9%. The following figures show the number of passengers who departed from the Philippine Islands during the month of September 1933: China and Japan................... 121 174 Honolulu.................................. 4 3 Pacific Coast.......................... 31 37 Europe via America.............. 6 6 Straits Settlements and Dutch East Indies............ 18 (i Europe and Mediterranean Ports beyond Colombo. ... 3 35 America via Suez................... 1 1 Australia.................................. 0 () Third 272 14 42 0 0 9 0 0 Totai.................................... 184 262 337 CHARTERED BANK or ,N“%• cah“.nta"al,a Capital and Reserve Fund............................................. £6,000,000 Reserve Liability of Proprietors... ......................... 3,000,000 MANILA BRANCH established 1872 SUB-BRANCHES AT CEBU, 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. C. E. Stewart. Manager, Manila REVIEW OF THE HEMP MARKET By L. L. Spellman International Harvester Company of Philippines The following report covers the various hemp markets for the month of October with statistics up to and including October 30th, 1933. In Manila: The market opened firm enough with exporters buying all that was offered, but at the same time there was not a great deal of competition. Prevailing prices were: E, 1*12.00; F, P10.50; G, P5.50; II, P5.25; I, P7.75; JI, P6.50; S2, P7.75; S3, P6.25; J2, P5.25; K, 1’5.00; LI, 1’4.50; L2, 1’4.00; Ml, 1’4.25; M2, 1’3.75; DL, 1’3.50; DM, i’2.75. By the middle of the month the market was quiet but steady. Exporters were not at all anxious to buy and a great deal of the free hemp was going to speculators at about the following prices: E, 1’11.50; F, 1’10.50; G, 1’5.50; II, 1’5.25; I, 1’7.50; JI, 1’6.25; S2, 1’7.50; S3, 1’6.25; .12, 1’5.25; K, 1’4.75; LI, 1’4.00; L2, 1’3.75; Ml, 1’4.00; M2, 1’3.50; DL, 1’3.50; DM, 1’2.75. The month closed with the market rather weaker with sales being made at E, Pl 1.25; F, P10.25; G, 1’5.25; II, 1’5.00: I, 1’7.25; JI, 1’6.00; S2, 1’7.25; S3, 1’6.00; J2, 1’5.00; K, 1’4.75; LI, 1’4.00; L2, 1’3.50; Ml, 1’4.00; M2, 1’3.25; DL, 1’3.25; DM, 1’2.50. Dealers in the Bicol provinces were inclined to pay higher prices and were, no doubt, influenced by the small receipts in Sorsogon, Albay and the Camarines. To offset this, receipts in the Davao district continue to run heavy and there is undoubtedly a large supply of unsold hem]) in the hands of producers and dealers. Prices for Davao fiber range from 50 to 75 centavos a picul higher than ordinary fiber. The I’. K. Market: This market opened quiet. There was a fair demand for distant shipment but manufacturers were evidently not buying and the earlier positions were entirely neglected. Sellers were offering at E, £27.0; F, £25.10; G, £15.15; II, £15.10; I, £19.10; JI, £17.0; 82, £19.10; S3, £17.5; .12, £15.10; I<, £14.15: LI, £13.10; L2, £12.10; Ml. £13.10; M2, £12.5; DL, £12.0: MD, £11.0. There was an occasional lot of high grade sold and a fair amount of trading in the medium and lower grades through the month. By the 15th prices had changed very little, but toward the end of the month trading slackened off and prices declined slightly. The end of the month found sellers asking J2, £15.0; K, £14.10; LI, £13.0; L2, £12.10; Ml, £13.10; M2, £12.5; DL, £12.0; DM, £11.0. The V. S. Market: 'This market opened dull with sellers on the basis of F, 5-3 8 cents; 1,4-1 4 cents; JI, 3-5 8 cents. Buyers remained scarce and by the middle of the month the ex porters were anxious to make sales and were willing to shade prices. Ilousemarks were being offered freely at E, 5-3 4 cents; F, 5-3/8 cents; G, 3-3 8 cents; I, 4-1/8 cents; JI, 3-5, 8 cents Pampanga Bus Company, Inc. i Bus service from Manila to all Points I North in the Provinces of Bulacan, Pampanga, Bataan, and Tarlac. I Busses leave Manila station, corner of Azcarraga and Sto. Cristo Streets, every 15 minutes ‘ Careful Drivers-Reliable Service 1 Main Office: Manila Office: San Fernando, Pampanga 324 Kneedler Bldg. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

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