Desiccated coconut
Media
Part of The American Chamber of Commerce Journal
- Title
- Desiccated coconut
- Creator
- Hick, Howard R.
- Language
- English
- Source
- The American Chamber of Commerce Journal Volume XXIV (Issue No.7) July 1948
- Year
- 1948
- Rights
-
- Fulltext
- 260 AMERICAN CHAMBER OF COMMERCE JOURNAL July, 1948 Desiccated Coconut By Howard R. Hick President and General Manager Peter Paul Philippine Corporation THIS report covers the period from May 15 to June 15. During this period, raw-material supplies were much easier to procure than for some time past, and most factories ran at full capacity. Copra prices remained firm, with an up trend at the beginning of the period which continued until June 8, when it weakened. However, despite this slight rise in copra, nut prices went down, approaching parity between copra and the equivalent copra value of raw nuts. There was a sharp, marked improvement in the nut harvest at the opening of June, and indications at the time of writing point to a plentiful supply of nuts for the next few months. Labor unrest in the industry is apparent and its effects cannot be judged at this time. However, amicable settle ments have been made in the past, and this looks possible with pending cases. Red V Coconut Products, Ltd. increased its produc tion at the Dalahican factory at the close of the period and its Misamis construction work is going smoothly. Following are the shipping statistics for the month of May, 1948: Blue Bar Coconut Products Co............................. 1,394,760 lbs. Cooperative Coconut Products............................... 94,600 lbs. Franklin Baker Co. of the Philippines............. 3,227,740 lbs. Isabelo S. Hilario......................................................... 45,000 lbs. Luzon Desiccated Coconut Co............................... 295,000 lbs. *Peter Paul Philiffine Corp...................................... 2,219,100 lbs. Philippine Desiccated Co. J................................... Red V Coconut Products, Ltd............................... Standard Coconut Corporation.............................. Sun-Ripe Coconut Products.................................... Tabacalera...................................................................... Shipped by Blue Bar 866,300 lbs. 194,000 lbs. 744,500 lbs. 505,000 lbs. TOTAL................................................................... 9,586,000 lbs. Manila Hemp By H. Robertson Vice President and Assistant General Manager, Macleod and Company of Philippines Editor, Journal, ■ Dear Sir: As you no doubt read in this morning’s papers, the former fiber and shipping interests of the International Harvester Com pany of Philippines have been assumed by a newly-formed cor poration, to be known as "Macleod and Company of Philip pines". Mr. H. Robertson, in his capacity of vice president and as sistant general manager of the new firm, will continue writing the monthly hemp reports for publication in the Journal. Enclosed is Mr. Robertson’s report for the period May 16 to June 15, 1948. Very truly yours MACLEOD AND COMPANY OF PHILIPPINES (Sgd.) Fred Guettinger Vice President and General Manager THE period under review covers May 16 to June 15. During these thirty days a steady market prevailed both in the Philippines and abroad. Price changes were inappreciable. ATLANTIC GULF .& PACIFIC COMPANY OF MANILA EXECUTIVE & SALES OFFICE 222 REGINA BUILDING TEL. 2-83-64 • ENGINEERING DEPT. & SHOPS PUNTA, SANTA ANA TEL. 8-63-32 • • ENGINEERS • -CONTRACTORS • • DISTRIBUTORS FOR FAIRBANKS MORSE & CO. GARDNER DENVER CO. CHAIN BELT CO. ARMCO INTERNATIONAL CORP. pioneer Engineering works YORK CORPORATION LINCOLN ELECTRIC CO. WALSH REFRACTORIES CORP. MARION POWER SHOVEL CO.
- pages
- 260