Real estate

Media

Part of The American Chamber of Commerce Journal

Title
Real estate
Creator
Carman, P.D.
Language
English
Source
The American Chamber of Commerce Journal Volume XVII (Issue No.4) April 1937
Year
1937
Rights
In Copyright - Educational Use Permitted
Fulltext
April, 1937 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 45 amount produced in Nueva Ecija for example. A favorable seasonal growth in one section is ofteD offset by an unfavorable season in another dealing with the same varieties of palay. Gen­ eral averages are governed by many factors in attempting to apply general averages in any one ycar-crop, in guaging the net recovery. The variable factors apply in all countries as well as the Islands. In Siam the net recovery is placed as high as 70%, in Saigon, or rather Cholon stocks as 68%, and in the Islands it rarely averages 66% for the best grades falling as low as 52% on poor grades and poor seasons. There is a vast field of unacquired knowledge to be obtained in our foremost domestic industry, which the so-called scientists have simply ignor­ ed, probably thru sheer inability to realize any­ thing other than the alphabetical suffix and the monthly payroll. There is no data as to the thickness and thinless of the hull, or the effect of mineral fertilizers on the texture and content of the grain, or the vitamin increase that would seem to follow such application. Nor is any­ thing thought of but the 100 to 1 shot of pro­ duction by exotic varieties that rarely thrive under ordinary field conditions which exist here. The silly nomenclature of “rice-breeding” stations, or so-called experimental farms, whose product rarely comes up to that produced on adjoining lands cultivated by “ignorant” farm­ ers, are just painted mechanisms more or less, serving no useful purpose except for those on the pay-roll. The only remedy for this is to either produce results—or get out—an aphorism we opine that cannot be applied to present usages. Pl,315,939 Quiapo.................... — 152,300 San Miguel............ 16,038 13,640 Intramuros............. 32,500 5.000 Pandacan............... 1,613 — Sta. Mesa.............. — 14,400 1’2,383,287 Specie Bank Nets 7,500,000 Yen The 1936 semi-annual report July-December of the Yokohama Specie Bank, Ltd., shows a year’s net profit of Yen 17,458,920 inclusive of Yen 10,446,652 brought forward from the previous report. Yen 1,750,000 were added to reserve and a 10%dividend absorbing P5,000,000 declared, carrying Yen 10.708,920 forward to the credit of the next account. The report reflects the continuing prosperity of Japan’s marine commerce with which the Specie bankis so intimately associated. That home and garden which you always dreamed of— SAN JUAN HEIGHTS is the best place for it. New Steam Laundry Monserrat Enteq>rises Co. Ltd. are the company who at long last dare establishing a steam laundry in competition with the excellent­ ly managed one Manila already had, the Sanitary Steam Laundry. Monserrat’s is on the same street, too calle Arlegui. It is described as modern in every respect, the name, Silver Cross Steam Laundry. Monserrat’s main interest has been its Yellow Cab service, which expanded with purchase of the N. & B. Garage and Molina Truck into«a more general service. There’s a deal of service required from a laundry nble to hold the trade. With Manila households it’s always a toss-up whether to “send it out” or consign it to the mercy of the household lavandera. The latter usually wins, often at the household’s cost. No doubt the field for the laundry business expands because of the growing apartment-house and hotel trude. REAL ESTATE By P. D. CARMAN Addition Hills One very large sale in Santa Cruz puts the March total beyond that of any similar month since 1931. Even with­ out this sale the total exceeds March sales in 1932, 1934 and 1936. The first-quarter totals during the past five years were as follows: 1933 ................................................... P3,085,143 1934 .................................................. 3,223,239 1935 .................................................. 3,769,487 1936 .................................................. 3,604,043 1937 .................................................. 5,143,955 Sta. Cruz................. Sampaloc.................. Tondo....................... B inondo.................... San Nicolas.............. Ermita...................... Malate...................... Paco.......................... Sta. Ana................... Salta City o/ Manila February March 1937 1937 P 165,058 Pl,499,743 43.103 112,517 29,330 51,960 684,236 40,001 1,500 201,912 46,770 160,831 169,182 57,115 87,824 31,430 38,785 42,438 SAN JUAN HEIGHTS CO., INC. 680 Ave. Rizal P. O. Box 961 Tel. 2-15-01 MANILA IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL
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