Electric power production

Title

Creator

Cotton, J. F.

Language

English

Source

The American Chamber of Commerce Journal Volume XXVII (Issue No. 7) July 1951

Year

1951

Rights

In Copyright - Educational Use Permitted

Fulltext

1950-51 Range High Low T122.00 78.00 90.00 209.00 135.00 40.00 235.00 27.00 1.00 3.80 .18 .10 .14 103.00 150.00 .75 27.50 .1075 1.46 55.00 118.00 90.00 20.00 189.00 27.00 .35 2.00 .18 .25 .085 .085 100.00 135.00 .30 25.00 .012 1.20 25.50 94.00 100.00 16.00 6.00 38.00 100.00 105.00 16.00 8.50 COMMERCIAL SHARES High Low ' 'Close Change Total Sales Bank of the Philippine Islands............. 122.00 122.00 123.00b1 Up 3.00 Bogo-Medellin Milling Central Azucarera de Central Azucarera de 90.00 90.00 90.00 1,240 la Cariota................ Central Azucarera del 170.00 170.00 170.00 Up 5.00 250 Pilar.......................... Central Azucarera de — 1100.00b Tarlac....................... 28.00b China Banking Corporation.................... 230.00b Filipinas Cia. de Se28.00a Insular Life Assurance Co............................... Manila Broadcasting 5.50b Co.............................. Manila Wine Mer.32a chants, Inc............... Marsman & Co. Inc. 3.40b Common................... Marsman & Co. Inc. ,20a Pfd............................ .25a Mayon Metal.............. Mayon Metal 7% Pre .10 .10 .10 Up .015 20,000 ferred ......................... .10 .10 .10 Up .015 30,000 Meralco 6-1/2%........ 103.00b Metropolitan InsurPampanga Bus Com.50 .50 .50 OfT .05 3,117 Peoples Bank & Trust Co............................... 65.00b Philippine Guaranty Philippine Oil Dev. 26.50b .012 .012 .012 100,000 Philippine Racing Club, Inc.................. San Miguel Brewery 1.46 1.44 1.44 - 15,000 Common................... San Miguel Brewery 35.00 33.50 35.00 Up 1.50 9,138 7% Pfd..................... San Miguel Brewery 8% Pfd.. .•............... 100.00 100.00 100.00 250 105.00 103.00 105.00 Up 2.00 285 Universal Insurance fit Indemnity........... 16.00b Williams Equipment Co. Common........... 7.00 7.00 7.00 544 OVER THE COUNTER High Low Total •Sales 15,000 15,000 527 Amalgamated Minerals................................ P.04 P.04 Demonstration Gold Mines....................... .01 .01 Jai Alai Corp, of the Phil.......................... 4.00 4.00 Nielson & Co., Inc..................................... .01 .01 Philippine Air Lines................................... 7.50 7.50 Philippine American Drug. Co.................. 165.00 165.00 Philippine Iron Mines, Inc. Common... 65.00 65.00 Victorias Milling Co. Inc............................ 190.00 178.00( * ) ( * ) Ex-Dividend Electric Power Production (Manila Electric Company System) By J. F. Cotton Treasurer, Manila Electric Company 1941 Average—15,316,000 KWH January...................................................... February.................................................... March......................................................... April........................................................... May............................................................ June............................................................ July............................................................. August....................................................... September................................................. October...................................................... November................................................. December.................................................. KILOWATT HOURS 1951 1950 40,713,000 37,661,000 37,066,000 33,828,000 40,117,000 38,107,000 39,197,000 35,378,000 40,405,000 * 37,611,000 40,810,000 ** 37,529,000 38,774,000 39,872,000 38,791,000 40,657,000 39,268,000 41,099,000 Total......................................... 458,576,000 ♦•Partially estimated Output in June increased substantially. Despite one less day June exceeded the May output and was the highest month this year. The increase over June, 1950, was 3,281,000 kwh, or 8.7%. It seems probable that a new output record will be set in July. Real Estate By Antonio Varias Vice-President, C. M. Hoskins &• Co., Inc., Realtors REAL ESTATE sales in the Greater Manila area regis tered during the month of June numbered 651, with a total value of P6,601,585, as compared with 688, with a total value of P6,3 06,233, registered during the preceding month of May. Of the June total, 172, with a total value of P2.793,341, represented deals within Manila proper, while 479 sales, with a total value of P3,808,244, were sales within the cities of Quezon and Pasay, and in the suburban towns of Calaocan, Makati, Malabon-Navotas, Mandaluyon, Paranaque, and San Juan. Among the bigger sales registered during the month in the cities of Manila, Quezon, and Pasay and in the subur ban towns were: The transfer, at a consideration of P381.600, by Alfonso Tuason to the corporate name of Alfonso Tuason 8s Sons, Inc., of his properties in San Miguel and Sampaloc; A property comprising several parcels of land on Espana Street, Sampaloc, sold by Rafael Roces to United Realty Corporation for the sum of P281.297.88; The - Marsman residence at Robert and William Streets, Pasay City, with a lot of 4,851 square meters, sold by Mary A. Marsman to Metropolitan Enterprises, Inc. for P255.000; A property with a lot of 26,651 square meters on Shaw Boulevard, Mandaluyong, sold by Julia Vargas Vda. de Ortigas to Maria Suarez for P210,000, or nearly P8 per square meter; A property with a lot of 12,446 square meters on F. B. Harrison Street, Pasay City, sold by Simon R. Paterno to the Intestate Estate of S. de Madrigal for P186.700, or about P15 per square meter; A parcel of 3,695 square meters on Isaac Peral Street, Paco, sold •by Cia. General de Tabacos to Philippine Guaranty Co., Inc., for P166.275, or P45 per square meter; A property with a lot of 3,070 square meters in San Felipe Neri sold by George Edward Koster, Inc. to San Miguel Brewery, Inc. for P156.900; A property with a lot of 3,691.2 square meters on Inverness Street, Sta. Ana, sold by Stewart Tait to Rattan Arts and Decorations, Inc., for Pl04,400. A property with a lot of 885 square meters at Donada, corner Menlo Streets, Pasay City, sold by Vicenta A. Garcia to Guia S. Jose de Bayer for P100.000; and A tract of 499,600 square meters in Caloocan sold by Oscar L. Uy to Aurora Aquino for P 100,000. Real estate mortgages registered in the Greater Manila area during the month of June, 1951, num bered 409, with a total value of Pl 1,800,888, as compared with 405, with a total value of P6,508,347, registered during the month of May. Of the June total, 151, with a total value of P4,215,944, represented deals within Manila proper, and 258, with a total value of P7,584,944, represented deals within the cities of Quezon, Pasay, and in the suburban towns above mentioned. Of the June mortgages, the biggest transaction was that executed by Peoples Homesite and Housing Corpora tion in favor of the Government Service Insurance System for P4,000,000. REAL ESTATE SALES (January to June, 1951) January.. February March... April.... May........ June........ Manila Quezon City Pasay City Suburbs Total P4,466,475 3,549,050 4,562,104 5,272,052 2,586,055 2,793,341 Pl,267,690 3,775,341 1,698,970 1,178,036 1,394,514 1,435,895 P743.346 709,598 645,878 487.954 819,779 578.954 ►1,453,264 1,411,773 1,814,525 1,738,654 1,505,885 1,793,395 P7,939,775 8,445,762 8,721,477 8,676,696 6,306,233 6,601,585 January.. February March... April.... May........ June........ P2,105,600 5,636,640 3,817,877 3,140,154 3,753,891 4,215,944 REAL ESTATE MORTGAGES (From January to June, 1951) P 490,457 1,106,948 1,373,880 902,932 1,150,614 5,184,350 P272.300 869,100 245,760 188,750 372,032 869,144 Pl,051,546 1,722,790 1,970,627 1,057,926 1,231,810 1,531,450 P3,919,903 8,334,848 7,408,114 5,289,762 6,508,347 11,800,888 226

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