Imports

Media

Part of The American Chamber of Commerce Journal

Title
Imports
Creator
Schmelkes, S.
Language
English
Source
The American Chamber of Commerce Journal Volume XXVII (Issue No. 5) May 1951
Year
1951
Rights
In Copyright - Educational Use Permitted
Fulltext
May, 1951 AMERICAN CHAMBER OF COMMERCE JOURNAL 165 As my readers will notice, domestic cigarettes paid in 1950 approximately P24,000,000 over 1949, while im­ ported cigarettes paid approximately P35,000,000 less in 1950 than in 1949. This year, domestic cigarettes will pay from two to two-and-a-half times as much as during 1950. During the first three quarters of 1950 most local cigarettes were classified under the low selling-price bracket and paid Pl.50 per 1000 cigarettes, and only a small proportion paid P3.00. Last September, taxes on locally manufactured cig­ arettes of imported leaf were increased, in accordance with the retail selling price, to P6, P8 and P10 per 1000 cigaret­ tes. The law was again amended early this year, and now all locally manufactured cigarettes of imported leaf pay P10 per 1000, regardless of selling price. Imports By S. SCHMELKES Mercantile, Inc.' ALL figures are in kilos with the exception of those for foodstuffs which are given in package units. Commodities March, 1951 Automotive (Total).................................... 653,802 Automobiles.............................................. 194,196 Auto Accessories..................................... 2,883 Auto Parts................................................ 184,223 Bicycles.................:................................... 1,561 Trucks........................................................ 7,261 Truck Chassis.......................................... 119,642 Truck Parts.............................................. 46,050 Building Materials (Total)...................... 2,206,316 Board, Fibre............................................. — Cement....................................................... 52,218 Glass, Window......................................... 684,330 Gypsum...................................................... 140,613 Chemicals (Total)....................................... 10,788,260 Caustic Soda................ 392,556 Explosives (Total)......... ........................ 176,807 Firearms (Total).......................................... 7,677 Ammunition....................................... 7,398 Hardware (Total)........................................ 4,029,054 Household (Total)............................. 835,165 Machinery (Total)............................. 1,646,746 Metals (Total)....................................... 4,674,815 Petroleum Products (Total).................... 71,172,760 Radios (Total).............................................. 7,706 Rubber Goods (Total)............................... 918,850 Beverages, Misc. Alcoholic...................... 5,627 Foodstuffs (Total Kilos)........................... 36,512,466 Foodstuffs, Fresh (Total)......................... 77,561 Apples......................................................... 12,556 Oranges....................................................... 25,509 Onions......................................................... 8,085 Potatoes..................................................... 17,395 Foodstuffs, Dry Packged (Total)........ 36,683 Foodstuffs, Canned (Total)...................... 399,831 Sardines................................................. 118,092 Milk, Evaporated................................... 89,051 Milk, Condensed................................... 69,884 Foodstuffs, Bulk (Total).......................... 627,353 Rice............................................................. 102,070 Wheat Flour............................................. 476,791 Foodstuffs, Preserved (Total)................. 23 March, 1950 1,713,399 48,612 535 238,614 152 73,845 425,787 ■ 49,124 12,980,053 575 8,306,976 799,943 134,673 5,552,042 1,103,278 60,200 6,191,480 566,712 2,213,805 10,647,783 46,848,701 ' 26,998 1,106,400 7,212 23,923,466 89,873 16,899 13,050 17,000 13,288 8,763 239,438 2,100 147,710 50,600 550,550 794 489,676 174 . then I’ll have STILL MORE POWER!” Bottling, Misc. (Total)............................. 671,031 Cleansing and Laundry (Total)............. 35,982 Entertainment Equipment (Total). . . . 3,580 Livestock-bulbs-seeds (Total)................. 2,349 Medical (Total)............................................ 333,216 Musical (Total)........................................... 26,886 Office Equipment (Total)......................... 53,724 Office Supplies (Total)............................... 49,570 Paper (Total)......................................... 4,277,270 Photographic (Total)................................. 42,490 Raw Materials (Total).............................. 580,879 Sporting Goods (Total)............................. 23,083 Stationery (Total)....................................... 215,274 Tobacco (Total).......................................... 302,237 2,700,258 925,349 1,479 2,600 574,230 12,075 161,335 53,287 7,062,106 90,569 288,106 8,820 306,955 489,487 Looking into the future we have seen the need for additional generating capacity. Another 25,000 kilowatt unit has been ordered to supplement the two units recently installed in our new Rockwell Station. There will then be MORE POWER for your homes, stores and industries-MORE POWER for the fur­ ther economic development of the Philippines. MANILA ELECTRIC COMPANY 134 San Marcelino Manila 166 AMERICAN CHAMBER OF COMMERCE JOURNAL May, 1951 PACIFIC C (I R P 0 KIT III A 449 Dasmarinas Manila EXCLUSIVELY REPRESENTING.... CORBIN LOCK COMPANY AMERICAN RADIATOR & STANDARD SANITARY CORPORATION UNION CARBIDE & CARBON CORP. National Carbon Division “Eveready” flashlights & batteries Linde Air Products Division “Union” Carbide PABCO PRODUCTS, INC. “Pabco” Products AMES BALDWIN WYOMING COMPANY BALL BROS. MASON JARS MALLEABLE IRON FITTINGS CO. FAIRBURY WINDMILL CO. CAPEWELL MANUFACTURING CO. SLOAN VALVE COMPANY BOMMER SPRING HINGE COMPANY COLUMBUS COATED PRODUCTS CO. KEENEY MANUFACTURING COMPANY BADGER METER MANUFACTURING CO. DICK BROTHERS MANUFACTURING CO. CARBORUNDUM COMPANY BADGER FIRE EXTINGUISHER CO. STEEL PRODUCTS HOUSE FURNISHINGS GENERAL HARDWARE PLUMBING Chucheria (Total)........................................ 67,624 92,743 Clothing and Apparel (Total)................. 201,583 51,646 Cosmetics (Total)....................................... 112,545 5,392 Fabrics (Total)............................................ 1,257,628 546,917 Jewelry (Total)............................................ — — Leather (Total)............................................ 118,872 290,511 Textiles (Total)........................................... 1,617,999 738,539 Twine (Total).............................................. 138,228 28,835 Toys (Total)................................................. 2,557 1,042 General Merchandise (Total)................. 294,578 239,640 Non-Commercial Shipments (Total). . 40,190 40,280 Advertising Materials, Etc. (Total). 20,354 17,638 Food Products By G. L. MaGee Trading Division Marsman Company, Inc. WITH the Price Stabilization Corporation, as au­ thorized by Executive Order No. 384, entertaining license applications for such essential food products as rice, wheat flour, canned fish, canned milk, canned meats, and coffee beans, April brought considerable activity to the local food-products market. Early in the month, Prisco made its final purchase of wheat flour for the current crop-year, amounting to a little more than 100,000 50-lb. bags. This purchase takes up the year’s entire balance of quota for the Philippines under IWA. Since American millers’ quota under IWA was exhausted, this final purchase was made entirely from Canadian mills and called for “enriched” flour. Next possible purchases of flour under IWA for the Philippines will be after the beginning of the next cropyear, starting August 1. Since the final shipments of flour bought by Prisco under IWA will have arrived in this market by the end of June or early July, and in all prob­ ability will have gone into consumption by the end of July, there will apparently be a period of 4 to 6 weeks, covering the month of August and the early part of Sept­ ember, when flour stocks in the Philippines will be short. To take care of this situation, Prisco is now receiving license applications from importers, flour dealers, and bakers for the importation of wheat flour at prices outside of IWA. Such purchases will be for June and July shipment, and will arrive in the market at a time when the Prisco sup­ plies, bought at the subsidy prices, will be rapidly dwind­ ling. These purchases outside IWA are at prices ranging from $0.50 to $1.50 higher per 100 pounds than the prices which the Philippines has been paying for flour under the terms of the Wheat Agreement. This is a temporary situa­ tion, however, and importers have rightly shown some caution in the matter, since flour prices will revert to the IWA scale as soon as business can be placed after the begin­ ning of the new crop-year. AGENTS BROKERS CHARTERERS TELEPHONES 3-34-20 3-34-29 American Steamship Agencies, Inc. Manila, Shanghai, Tokyo, Yokohama Cable Address: 203 Myers Bldg. “AMERSHIP” p®Jrt Afea
pages
165-166