Shipping review

Title

Shipping review

Creator

Cavender, H. M.

Language

English

Year

1937

Rights

In Copyright - Educational Use Permitted

Fulltext

June, 1937 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 65 SHIPPING REVIEW By H. M. CAVENDER General A&ent, The Robert Dollar Co. April 1937 from a statistical point does not show up very well, the total revenue tons being 222,745asagainst258115 for April 1936 and 246989 for March 1937. This shrinkage is because of shortage in space offered rather than in actual sales. Sugar, coconut oil, copra, lumber and ores could not get space sufficient for their needs. Increased rates on practically all major and minor commodities are now effective but ;ipparcntly do not seriously hamper the trade. Space for sugar is still scarce and the charter market such as to compel shippers to bid for their requirements. Freight varied from day to day and shippers were forced to speculate. The total movement amounted to 79,070 tons, 59,000 tons centrifugal to Atlantic & Gulf ports and 8,208 tons to Pacific imports. The refiners shipped 11,862 tons to Pacific ports. The total movement for the six months 1936/1937 season is 464,975 tons as against 490,946 tons for the preceding year. Two chartered non-conference vessels lifted 13,800 tons during April. Desiccated coconut shippers forwarded 6719 tons (40 cu. ft.), about 500 tons less than in March but still decidedly above the average. To China-Japan...................................................................... Pac. Coast—Local........................................................... Pac. Coast—Overland................................................. Pac. Coast—Intcrcoastal................................................ Atlantic & Gulf Coast.................................................... European Ports................................................................. All other ports.................................................................. Totai....................................................... A Grand Total of 222,745 tons with a total of 94 sailings (average 2,370 tons per vessel) of which 54,900 tons were carried in American bottoms with 15 sailings (average 3,660 tons per vessel). Practically all went to Atlantic ports. Oil shipments, 7,322 tons were in deep tank lots. The mills could not get enough tank space to fill their needs and it begins to look as though they may meet these conditions for at least next three months. Copra shipments picked up, 9,315 tons went to the Pacific Coast and 3,833 to the Gulf, Europe took none. The Pacific Coast took 3,259 tons of copra meal, the Atlantic 248 tons, Europe 3,450 tons. The hemp trade was normal, a total of 157,069 bales. The U. S. took 50,411 bales, Canada 4,160 bales, Japan 50,360 bales, Europe 45,761 bales, the remainder widely distributed. Rope shipments 1,364 tons were heavier than noted for several months, so America and D. E. Indies show up as good customers. The lumber and log movement was six million board feet, the V. S. taking 2-3/4 million, Japan 2 million. Europe, So. Africa and Australia were also buyers. The molasses business was con fined to a small lot to Japan 2,452 tons and 341 For statistics compiled by the Associated Steamship Lines, during the month April 1937 there were exported from the Philippines, the following: With Were Carried i. American Bot toms With Sailings Tons Miscellaneous OI Which Tons 74,557 42 492 6 39,824 20 27,422 9 809 9 549 7 88 2 22 1 92,493 26 25,872 10 12,429 17 54 2 2,545 27 498 7 222,745 94 54,900 15 tons to China. The movement of orcs and minerals will prove interesting to the mining fraternity. Japan took 58,877 tons of iron ore. 3,500 tons of chromite went to the Atlantic Coast. The Pacific Coast smelters took 795 tons of concen trates, copper, gold and silver. 50 tons of rock asphalt went to a Straits ports. 81 tons of asbestos was shipped to the Pacific Coast and one ton to Japan. Hongkong took three tons of powdered lime rock. Other round lots of Manganese and chromite were offered but could not find space. There was a movement 1,576 tons of canned pineapple. Cigars, gums cutch and tobacco held their own. The movement of embroideries, rattan furniture, scrap metals, kapok fiber and seed, rice, rubber, charcoal and derris roots were less than in March but each commodity did a good business. 127 tons of pili nut meats indicates that this commodity has come to stay. Vegetable lard and margarine is the only item showing a decided slump. PRESIDENT LINERS SAILINGS TO SEATTLE & VICTORIA "The Express Route” via Hongkong, Shanghai, Kobe, Yokohama SS PRES. McKINLEY....................June 30 SS PRES. JACKSON............................July 28 SS PRES. GRANT............................July 14 SS PRES. JEFFERSON...................... Aug. 11 TO SAN FRANCISCO, NEW YORK & BOSTON "The Sunshine Route” via Hongkong, Shanghai, Japan, Honolulu, Los Angeles, Panama Canal & Havana SS PRES. CLEVELAND....................July 10 SS PRES. TAFT.....................................Aug. 7 •SS PRES. COOLIDGE........................July 21 *SS PRES. HOOVER.............................Aug. 18 ‘To Los Angeles only. TO NEW YORK & BOSTON via Straits, India, Egypt and Mediterranean ports SS PRES. MONROE............................July 7 SS PRES. HARRISON........................Aug. 4 SS PRES. ADAMS...............................July 21 SS PRES. POLK................................... Aug. 18 For further particulars, apply to AMERICAN MAIL LINE DOLLAR STEAMSHIP LINES Port Area MANILA Tel. 22-44-1 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

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