Machinery

Media

Part of The American Chamber of Commerce Journal

Title
Machinery
Creator
Hausman, L. M.
Language
English
Year
1949
Rights
In Copyright - Educational Use Permitted
Fulltext
March, 1949 AMERICAN CHAMBER OF COMMERCE JOURNAL 119 Non-Davao I Non-Davao G Non-Davao K 29-1/24 — ” 5/84 22-5/84 — ” 1/24 15-3/84 — ” 1/84 Production for January, 1949, was 46,797 bales,— an increase of 9,913 bales from December, 1948. NonDavao balings showed a large increase, being 27,569 bales,—up 11,633 bales from December. Davao ba­ lings were 19,228 bales,—down 1720 bales from Dec­ ember. Machinery By L. M. Hausman L. M. Hausman & Company FROM San Francisco to New York, St. Louis to St. Paul, between the middle of November and the middle of January last, I talked to streetcar con­ ductors, mechanics, housewives, farmers, factory superintendents, export managers, constructors, eng­ ineers and top executives of forty important -manu­ facturing plants and industrials. Though the indivi­ dual interpretation varied with location, occupation, and financial interest, the general opinion expressed may be summed up in an expression often quoted-: “The Honeymoon is over.” I returned with this personal opinion: Production in most consumer-items has caught up with demand. Manufacturers and producers are doing their ut­ most to keep demand at the abnormally high peak of the past few years, but doubt accomplishment. Business as a whole, reflected by retail sales, is expected to almost equal, for 1949, the high volume of 1948, but the margin of profit will not be the same. Labor and materials, on unit bases, will general­ ly remain unchanged. When production-volume drops, manufacturing costs may increase, and the cost of doing business will increase. Whether or not consumer prices will continue to advance; depends on how large a part of the general public will remember that thrift once brought security. Increase in unemployment is expected. Increase in production-output per man-hour is expected. A part of the United States population is not like­ ly to enjoy life as much as it has in the past few years. A larger part is likely to give management and investors a more honest return for their high pay. Or else... There will be no improvement in delivery, or availability, or in pricing of industrial machinery or heavy equipment. Cost tendency is upward, and the percentage of escalation is increasing. If anything, management is less adventurous. Capital is exceed­ ingly cautious. “The belief that any system can provide security without effort is a delusion.” FAIRBANKS-MORSE Protected Frame MOTORS ALLEN-BRADLEY STARTERS ACROSS-THE-LINE STARTERS, SEMI-AUTOMATIC AND AUTOMA­ TIC RESISTANCE STARTERS IN STOCK. CLUSIVE F-M FEATURE. TYPE, SQUIRREL MOTORS UP TO COPOPEN CAGE 60 H.P. IN STOCK. PERSPUN ROTOR, AN EX­ Exclusive Distributors OF Moro/? C°NTRols Atlantic, Gulf & Pacific Company of Manila MERCHANDISE SALES DIVISION — Robert Dollar Bldg. Tels.: . 2-83-64 Muelle del San Francisco & 23rd St., Port Area 2-84-82