Tobacco review

Media

Part of The American Chamber of Commerce Journal

Title
Tobacco review
Creator
Meyer, P. A.
Language
English
Year
1933
Rights
In Copyright - Educational Use Permitted
Fulltext
November, 1933 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 23 with Davao hemp from 1/8 cent to 1/4 cent higher. The month closed with the market, dull and buyers not interested. Nominally prices had declined about 1/8 of a cent on the average, but in reality hemp could be purchased at least 1/4 of a cent below prices asked at the first of the month. The Japanese Market: This market re­ mained dull and inactive throughout the month with buyers taking full advantage of conditions in London and New York. They bought some hemp but only at prices below replacement value. Maguey: This fiber was rather neglected throughout the month. There is still no demand for Northern Maguey due to the low prices of Sisal, and oply an occasional sale of Cebu. Nominal price for No. 2 Cebu was P4.00 a picul and No. 3 was P3.50. It is understood that some of the Cebu houses were paying slightly better prices. Production: Receipts continue heavy and average throughout the month 27,250 bales per week. This is more than the world is con­ suming at the present time. Also, there is a gradual increase in province stocks, especially in Davao, which does not tend to help the situa­ tion. Freight Rates: There was no change in freight rates. The U. K. conference notified shippers that they contemplated making an advance but evidently the matter has been abandoned for the present. Cigars: Shipments during the ■ month to the United States continued to increase in comparison to the same month of 1932 and if nothing unforeseen happens it may be expected that by the end of the year the volume of last year’s shipments may be reached. However, the total value thereof will be much below the 1932 figures. Comparative figures are as follows: Period Cigars October, 1933................................. 28,358,346 October, 1932................................. 20,202,964 January—October, 1933................ 143,693,067 January—October, 1932......... 149,721,321 THE MANILA HOTEL LEADING HOTEL IN THE ORIENT Designed and constructed to secure coolness, sanitation and comfort under tropic climatic conditions Provides every Western convenience combined with every Oriental luxury Finest Dance Orchestra in the Far East Management ■ HUBERT C. ANDERSON 994,181 719,313 Statistics: The figures below are for the period ending October 30th, 1933: Manila Hemp 1933 Bales 1932 Bales On January 1st................... 167,007 111,417 Receipts to date................. 986,089 748,580 1,153,096 859,997 Shipments to­ ll K................................. 217,164 138,044 Continent......................... 151,293 96,231 U. S.................................. 257,864 181,467 Japan................................ 311,243 255,929 Australia........................... 12,231 12,269 Elsewhere......................... 22,886 13,373 Local consumption............. 21,500 22,000 TOBACCO REVIEW By P. A. Meyer Alhambra Cigar and Cigarette Mfg. Co. THE YOKOHAMA SPECIE BANK - LTD. ==^=^== (ESTABLISHED 1880) HEAD OFFICE: YOKOHAMA, JAPAN Yen Capital (Paid Up) - - - - 100,000,000.00 Reserve Fund .... 121,250,000.00 Undivided Profits - - - - 6,869,038.82 MANILA BRANCH 34 PLAZA CERVANTES, MANILA S. DAZAI Manager Telephone 23759—Manager Telephone 23755—Account <t Cashier Telephone 23758—Export 4 Import Dept. Telephone 23768—Deposit A Remittance Dept. Raw Leaf: No transactions of im­ portance were re­ ported. Export of leaf shows the fol­ lowing figures: Rawleaf, Stripped Tobacco and Scraps Kilos Australia........................... China............................... France............................... Gibraltar........................... Japan............................... Java.................................. North Africa................... North Atlantic (Europe) Spain................................. Straits Settlements......... Tonkin............................. United States.................. 2,850 4,258 229,632 67,460 177 630 67,286 13,231 1,063,131 476 53 88,862 1,538,046 Quality Printing is as essential to your business as well-tailored clothes are to the successful salesman. Attractive letterheads, bill­ heads, cards, envelopes, labels, etc., are silent but powerful salesman. Why not let them carry your message in the most effective way? The McCullough Imprint ensures quality printing and all that it implies. McCullough service means expert supervision and the intelligent hand­ ling of your printing problems. Whatever your printing needs may be, you are assured the utmost satisfaction when McCullough does the job. May we serve you? McCullough printing co. Division of Philippine Education Co., Inc. 101 ESCOLTA Phone 21801 MANILA, P. I. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL