Rare Periodicals

Food products

Media

Part of The American Chamber of Commerce Journal

Title

Food products

Creator

MaGee, G. L.

Language

English

Source

The American Chamber of Commerce Journal Volume XXVII (Issue No. 5) May 1951

Year

1951

Rights

Fulltext

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 May, 1951 AMERICAN CHAMBER OF COMMERCE JOURNAL 167 While Prisco has not acted on flour license applications to any great extent as yet, permitting business at prices outside of IWA, it is generally conceded that the total amount of such importations will probably not exceed 700,000 bags, which is little more than one month’s normal requirement. npHERE has been an improvement in the country’s milk supply during the past month, with total arrivals during April of more than 150,000 cartons of evaporated milk and about 30,000 cartons of condensed. This com­ pared with March arrivals of approximately 100,000 cartons of evaporated, and 87,000 cartons of condensed; and Feb­ ruary, 105,000 cartons of evaporated, and 20,000 cartons of condensed. For several months, the milk situation in the United States upon which the Philippines depends for its principal supply, has been difficult due to heavy purchases in con­ nection with the defense program, increased domestic demand, and export requirements of other markets. As a result, prices have advanced, and leading suppliers have been unable to meet their usual quota of shipments to the Philippine market. Many importers have turned to Euro­ pean sources of supply, and have combed the American market for any brand of evaporated milk which might be offered. Many new and hitherto unknown milk labels are now appearing in Philippine retail outlets. During April Prisco gave early attention to milk license-applications in order to insure as far as possible a continuous supply of this essential food, demand for which has gained in marked degree during the last three years. While available supplies may be on the short side for a few weeks, until orders placed against the latest Prisco licenses begin to arrive, the outlook for the future indicates sufficient milk for the country’s needs. Prices will un­ doubtedly continue firm at present levels. A lthough heavy importations of canned fish arrived •**‘in the market during the first quarter of the year, the market continues active and firm due to the fact that the previous year’s importations had been far below normal requirements. Prisco gave early attention during April to processing licenses for canned fish importations, but only limited supplies from California sources are available, since this is the off-season and warehouse stocks are badly depleted. Some interest was shown in salmon offered at high prices in limited quantities, considerable importa­ tions of which have been authorized. /banned meats which have been short of market require'“'ments for some time, were also given preferred con­ sideration by Prisco, with licenses passed for fair quantities of corned beef, Vienna sausage, potted meats, and liver paste. These supplies which will be arriving beginning end of May, will be amply sufficient for the country’s needs for this essential food. License applications for other food products under Prisco’s jurisdiction such as coffee beans, rolled oats, bakery supplies, canned soups, canned vegetables, and corn starch, are now being acted upon, with prospect of fair quantities being approved to supply this market. Applications for licenses covering poultry-feeds are now being processed, and indications are that substantial quantities of feeds and concentrates to meet the expanding interest of the country in poultry production will be allowed importation. qpHE enactment of the 17% Exchange Tax Act will A result in substantially higher prices on many im­ ported food items and result in higher living costs. While wheat flour, canned fish, and canned milk are exempted from this tax, other commodities will be affected. As a result there should be a growing interest in the production of native vegetables, fruits, meat, and fish, as well as in the local processing on various food products, including ground coffee, jams, jellies, and condiments. Textiles By W. V. Saussotte Acting General Manager Neuss, Hesslein Co., Inc. DURING March, arrivals from the United. States totaled 8,937 packages, including 2,478 packages of cotton piece goods and 1,563 packages of rayon piece goods. Included also were 1,537 packages of cotton twines, consisting mainly of seine twine. Arrivals of all textiles from other countries, including ■made-up goods, consisted of 632 packages from Japan, 1,043 packages from China, 361 packages from Europe, and 486 packages from India. The arrivals from Europe included 298 packages of Hessian cloth while the arrivals SMITH-CORONA PORTABLE CHRYSLER IIRTUMP PACKAGED AIR CONDITIONERS REFRIGERATION SALES and SEItVICE W. A. CHITTICK & CO., IYC. EXCLUSIVE DISTRIBUTOR Telephone 5-30-33 31 ROMERO SALAS, MANILA 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

pages

166-167