Imports

Media

Part of The American Chamber of Commerce Journal

Title
Imports
Creator
Schmelkes, S.
Language
English
Year
1953
Rights
In Copyright - Educational Use Permitted
Fulltext
March, 1953 AMERICAN CHAMBER OF COMMERCE JOURNAL 117 themselves unable to handle the additional volume, and in the face of stiff resistance in consuming markets, selling prices overseas declined several dollars per bale. Dealers in Davao continued their holding tactics and were able to freeze supplies to the extent of forcing buying prices up to the highest point since February, 1951. Values were entirely out of line with competing fibers, and manu­ facturers in all world markets adamantly refused to sup­ port the new high levels in spite of rather short inventories. It would appear that a more realistic appreciation of true values by producers is necessary before Davao abaca prices itself out of the market, as there are indications that mod­ erately priced synthetics are becoming available and may supplant abaca to a large extent in the next few years. Balings in Davao for February amounted to 33,806 bales, as compared with 34,414 for January. Considering the short month and the hoarding by dealers, February in effect indicated an improvement in production. It is anticipated that March pressings will exceed 43,000 bales, which should result in dealers being unable to. freeze supplies to any great extent. Any drop in prices should see renewed buying in consuming centers as manufacturers are only awaiting a return to reasonable levels. We attach hereto baling and export figures for the month of January: EXPORTS—JANUARY 1953 1952 1951 1950 1949 1953 BALINGS—JANUARY 1952 1951 1950 1949 Davao................................. 38,060 44,606 40,025 22,822 19,278 Albay-Camarines Sur... 27,875 15,220 25,813 14,966 9,724 Leyte and Samar............ 8,484 13,319 14,821 9,618 ■ 9,111 All other Non-Davao.. . 9,024 6,390 10,268 6,710 8,684 Total...................... 83,443 79,535 90,927 54,116 46,797 United States and Ca­ nada.................................. 22,136 38,466 43,153 21,704 13,903 Continental Europe......... 17,799 15,683 14,887 5,619 10,773 United Kingdom............... 12,364 14,306 9,650 9,546 1,849 Japan.................................... 29,445 8,500 4,910 9,464 17,877 South Africa....................... 700 1,300 970 80 . 300 China.................................... 200 1,120 310 550 1,904 India.............'....................... 512 520 300 500 200 Korea.................................... — — — — — Australia and New Zea­ land................................... 400 — — 625 — All other countries........... 20 — — — — Total........................ 83,576 79,895 74,180 48,088 46,806 Imports By S. SchMelkes Mercantile, Inc. LL figures are in kilos with the exception of those for foodstuffs which are given in package units: Commodities: December, 1952 December, 1951 Automotive (Total)............................. ............. 1,305,935 2,926,920 Automobiles....................................... ............. 223,689 232,801 Auto Accessories............................... ........... 26 1,860 Auto Parts.......................................... ............. 184,022 363,271 Bicycles............................................... ............. 256 99 Trucks................................................. ............. 45,495 32,243 Truck Chassis................................... ............. 250,956 519,395 Truck Parts....................................... ............. 92,091 103,144 Building Materials (Total)............... ........... 3,499,043 3,506,546 Board, Fibre...................................... ............. 20,952 — Cement................................................ ............. 33,981 389,247 Glass, Window................................. ............. 362,117 191,627 Gypsum........... 1,009,072 — Chemicals (Total)................................ ............. 6,637,828 14,081,179 Caustic Soda..................................... 364,125 885,721 Explosives (Total)............................... ............. 61,376 — Firearms (Total)................................... ............. 2,410 9,270 Ammunition....................................... ............. 2,398 9,270 Hardware (Total)................................. 4,253,773 4,461,954 Household (Total)............................... ............. 898,656 1,406,755 Machinery (Total)............................... ............. 1,828,102 2,334,086 FOR BETTER SERVICE— Call 3-29-05 ALLIED mmiGE MIII’OIllTKIl Marsman Building Port Area Individual attention and competent supervision given to your customs brokerage requirements. CUSTOMS BROKERAGE FREIGHT FORWARDING WAREHOUSING TRUCKING HEAVY HAULING COLUMBIAN ROPE COMPANY OF PHILIPPINES, INC. HEMP AND COPRA EXPORTERS STEAMSHIP AGENTS + 206 Myers Building Port Area, Manila, P. I. ¥ BRANCHES, Davao • Tacloban • Cebu • Tabaco 118 AMERICAN CHAMBER OF COMMERCE JOURNAL March, 1953 SMITH-CORONA PORTABLE One glance at the new SMITH-CORONA. . . and you’re convinced that it’s the most beautiful and sturdy portable typewriter you’ve ever laid eyes on! Not just a “new model”. . . it’s a revolutionary all new typewriter. . . with a total of nineteen new features plus fifteen SMITH-CORONA “exclu­ sives”! Its smart, new Color-speed Keyboard is full standard office machine size. . . has rimless keys colored a restful non-glare green and “comfort shape” to cup your finger tips. ERLANGER & GALINGER, INC. 123 T. Pinpin, Manila • Magallanes St., Cebu City Doing a Fine Job! CATERPILLAR REG. U.S. PAT. OFFICE Throughout the islands today, “CATERPILLAR” products arc doing a fine job—helping in the rc-habilitation of the Philippines. These yellow machines arc in many different kinds of services. But wherever they are called upon to serve, you can count on them to do tlicir jobs staunchly and dependably. KOPPEL (PHILIPPINES), INC. PHILIPPINE REPRESENTATIVES: PRESSED STEEL CAR CO., INC. BOSTON A 2 3rd STREETS, PORT AREA TEL. 3-37-53 Branch..: BACOLOD. ILOILO. CEBU. DAVAO • COTAB ATO-ZAMBOANGA J Bottling, Misc. (Total)...................................... 693,286 882,898 Cleansing & Laundry (Total).......................... 96,269 70,647 Entertainment Equipment (Total)................ 2,147 21,996 Livestock-bulbs-seeds (Total).......................... 25,877 13,172 Medical (Total).................................................... 437,534 409,562 Musical (Total).................................................... 20,713 26,284 Office Equipment (Total)................................. 59,892 25,609 Office Supplies (Total)....................................... 46,234 79,335 Paper (Total)........................................................ 4,559,658 7,610,556 Photographic (Total).......................................... 26,783 30,666 Raw Materials (Total)..................... 1,933,481 801,764 Sporting Goods (Total)..................................... 19,924 27,063 Stationery (Total)............................................... 153,866 288,244 Tobacco (Total)................................................... 1,111,797 792,120 Metals (Total)...................................................... Petroleum Products (Total)............................. Radios (Total)....................................................... Rubber Goods (Total)....................................... 9,334,778 77,427,220 17,492 902,751 8,487,562 79,879,226 13,168 1,600,525 Beverages, Misc. Alcoholic............................... 3,684 6,045 Foodstuffs, (Total Kilos).................................. 30,064,923 27.506,266 Foodstuffs, Fresh (Total).................................. 120,027 150,320 Apples................................................................. 32,922 28,036 Oranges............................................................... 19,001 12,608 Onions.................................................................. 6,628 39,132 Potatoes.............................................................. 9,657 22,156 Foodstuffs, Dry Packaged (Total)................. 35,986 70,724 Foodstuffs, Canned (Total).............................. 383,429 246,887 Sardines.............................................................. 97,386 103,314 Milk, Evaporated............................................ 147,181 1,200 Milk, Condensed............................................. 19,100 14,149 Foodstuffs, Bulk (Total)................................... 616,485 542,681 Rice...................................................................... — — Wheat Flour................................................... 563,992 490,500 Foodstuffs, Preserved (Total).......................... 2,437 1,179 Chucheria (Total)............................................ 47,795 79,902 Clothing and Apparel (Total).......................... 595,569 605,895 Cosmetics (Total)................................................ 33,438 33,917 Fabrics (Total)..................................................... 824,928 594,181 Jewelry (Total)..................................................... 334 — Leather (Total).................................................... 85,506 134,335 Textiles (Total).................................................... 2,856,769 3,729,443 Twine (Total)....................................................... 23,934 46,660 Toys (Total).......................................................... 18,444 113,490 General Merchandise (Total).......................... 1,240,393 742,305 Non-Commercial Shipments (Total)............. 110,431 72,001 Advertising Materials, Etc. (Total)............... 44,226 38,471 Food Products By C. G. Herdman Vice-President, Marsman S * Company, Inc. ALTHOUGH several bills have been presented in the present Congress which would extend the life of the Import Control Law beyond the present expiry date of June 30, 1953, no decisive action of any nature has as yet been taken, nor are there positive indications as to what action, if any, will be taken, although undoubtedly some such action will be taken before the present Congress adjourns. During February, the Import Control Commission started issuing licenses covering imports for the present semester and such licenses have been coming out in good volume as far as pertains to controlled essentials and nonessentials. There has been very considerable delay, how­ ever, in issuing the licenses for decontrolled goods. Flour imports licensed for the present semester amount to an average of 533,000 bags (50 lbs. each) for ship­ ment monthly, January to April inclusive, and 580,000 bags monthly during May and June. These quantities include approximately 1/6 of non-IWA flour, the remainder being the unshipped portion of the Philippine allotment for the present crop-year under the International Wheat Agreement. These quantities are far short of the 700,000 bags, average monthly imports, for the year 1952. How­ ever, quantities considerably in excess of immediate re­ quirements were either in hand or afloat at the beginning of the year. A shortage is now beginning to develop on flour stocks, particularly in Manila, and the most popular