Lumber review

Title

Lumber review

Creator

Fischer, Arthur

Language

English

Source

The American Chamber of Commerce Journal Volume XIII (Issue No.9) September 1933

Year

1933

Rights

In Copyright - Educational Use Permitted

Fulltext

September, 1933 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 19 LUMBER REVIEW By ARTHUR F. FISCHER Director of Forestry Recommended By Leading Doctors The total lumber and timber exports for June, 1933, was 6,113,232 board feet, with customs-de clared value of 1’152,481, as against 4,975,640 board feet, with customs-declar ed value of 1’196,729, for the corresponding month last year, or an increase of 23 ', in volume and a decrease of 22' i in value. The reduction in value was largely due to the fact that there was a greater proportion of logs shipped this year than in 1932 for the same month. Exports during the first six months of this year registered an increase of 8% ns compared with the correspond ing period in 1932. 'Phis is a concrete evidence that conditions in the luifiber markets have begun to improve. Japan, as usual, was the greatest consumer of Philippine woods during the month under review. The total amount shipped during the month of June, 1933, to Japan was 4,838,264 board feet, mostly logs, as compared with 2,384,576 board feet for the corresjxmding month during the previous year, or an increase of 103' J. 'Phus the recent increase in tariff in that country against local woods has evidently not affected the Philippine trade. The active demand of this market is expected to continue, unless some restriction is placed on the free exportation of logs from the islands. The 1’nited States market continued to pick up. The total amount shipped during the month under review was 802,632 board feet as compared with 504,696 board feet for the corre sponding month last vear, or an increase of 37',J. Prices too have slightly improved. Local pro ducers arc optimistic in view of this favorable showing of the islands’ most impor'ant lumber market, and despite the probable allocation of a lumber quota tor the Philippines under the Industrial Recovery Act. Latest information received in the Bureau of Forestry is to the effect that the lumber code affecting the Philippines has not as yet been finally adopfed. Nothing definite is known as to the final provisions that will be incorporated in this code, but Philippine exporters arc looking forward to better prices for their product as soon as the same takes effect. Shipment to Great Britain registered a decrease of 78%. This decline was offset, however, by increased shipment to Australia. There were 30,952 board feet of lumber ami logs shipped to Australia during the month under review as against none for June last year. Thiw is signi ficant particularly in view of the high Australian tariff still in force against Philippine lumber. There seems to be no question that general business conditions in Australia have improved but unless the emergency Australian tariff affecting Philippine woods is lifted, the return of the large volume of trade which the Philippines used to have with that country, previous to the present depression, is not to be expected. Shipment to China registered a decrease of 83%, as compared with that during June of last year. Lumber production for 46 mills during the month undei review showed an increase of 41%, it being 14,190,784 board feet for June, 1933, as compared with 10,091,232 board feet for the corresponding month last year. This increase is largely due to the night-shift operations of a few of the mills that are actually operating. It should, however, be noted, in this connection, that some of the lumber plants are still shut down. Production exceeded delivery from the mills by 6%. This should not be taken as an unfavorable sign for the reason that inventories in mill yards showed a decrease of 24% at the end of June, 1933, as compared with those at the end of the corresponding month last year. Movements of lumber and timber in the local IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL Drink It for Your Health’s Sake TEL. 5-73-06 Nature's Best Mineral Water Windows of the Soul” Y 0 U wouldn’t think so the way some people neglect them. As the constant dropping of water will wear away a stone so trivial eye defects will undermine the best health if not cor rected by proper glasses. Let preservation be the first law of eye care. Have our Optometrists examine your eyes now. & Co. MANILA. 90-94 ESCOLTA PI. MASONIC TEMPLE Always the best in quality but never higher in price. Quality Printing is as essential to your business as well-tailored clothes are to the successful salesman. Attractive letterheads, bill heads, cards, envelopes, labels, etc., are silent but powerful salesman. Why not let them carry your message in the most effective way? The McCullough Imprint ensures quality printing and all that it implies. McCullough service means expert supervision and the intelligent hand ling of your printing problems. Whatever your printing needs may be, you are assured the utmost satisfaction when McCullough does the job. May we serve you? McCullough printing co. Division of Philippine Education Co., Inc. 101 ESCOLTA Phone 21801 MANILA, P. I. 20 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1933 I | THE YOKOHAMA SPECIE BANK -------------------- LTD. ------- ■ -■ ------(ESTABLIHED 1880) HEAD OFFICE: YOKOHAMA, JAPAN Yen Capital (Paid Up) - - - - 100,000,000.00 Reserve Fund .... 119,750,000.00 Undivided Profits - 5,859,464.04 MANILA BRANCH 34 PLAZA CERVANTES. MANILA S. DAZAI Manager Telephone 23759—Manager Telephone 23755—Account A Cashier Telephone 23758—Export 4 Import Dept. Telephone 23768—Deposit 4 Remittance Dept nio thx ▼TVILL*IP ^CHICAGO, U.S.A. Across America at Low Fares on the NORTHERN PACIFIC RAILWAY VISIT the International CENTURY OF PROGRESS EXPOSITION...see this enormous collection of exhibits from all parts of the world...travel in luxury and comfort on one of America's oldest and best railroads. Private rooms en suite, box-spring beds, boths, borber and valet, radio, library...every modern luxury on the famous NORTH COAST LIMITED Low Summer Fares from Seattle to Chicago and re turn to Seottle on sole May 15 to October 15, 1933. $77-75 $90-30 [ Stop at Y.lllwton. Park an,out. ] 0 .A,. Liiiiij [A 4 ■’h CT1 * MtU'' NORTHERN PACIFIC RAILWAY • C. L TOWNSEND, G.n.r.l Po...ng., Ag.nl, Smith To.ar, Seattle, Wothington • i markets were faily active in 6pite of the rainy season. Local prices also remained ! rm. The average retail prices, as quoted hy various lumber dealers in Manila, as of June 30, 1933, are given below: Sawn Lumber Unsawn Timber Species Price per 1,000 Bd. Ft. in pesos Species Price per Cu. M. in pesos Red Lauan.. 55 Akle............ 35 Tanguile. . . . White Lauan 55 Ipil.............. 36—40 40 Yacal.......... 28—30 Apitong....... 50 Guijo.......... 20 Lumbayao. . 75 Narra......... 46 Palosapis... . 45 Note:—1 Cu. M. =424 Bd. Ft. (Solid) 1 peso =$0.50 approximately (normal rate of exchange) The following statements show the lumber and timber exports, by countries, and mill production and lumber inventory for the month of June, 1933, as compared with the corresponding month the previous year. Total....................... 0,113,232 1*152,481 Lumber and Timber Exports fc>r June 1933 Dcstinat ion Board Feet CustomsDeclared Value Japan................ .............. *4,838,264 I* 76,135 United States.. . .............. 802,632 51,974 China................ .............. 270,088 10,740 British Africa. . .............. 80,984 4,192 Great Britain. . .............. 72,080 6,812 Australia........... .............. 30,952 1,593 Canada............. ............. 15,688 781 Hongkong......... ............. 2,120 236 Japanese China. ............. 424 18 Hawaii.............. ............. — — Spain................. ............. — — ............. — ______ ZT 1932 Destination Board Feet CustomsDeclared Value Japan...................... ........ 2,384,576 P 52,661 United States........ ........ 584,696 33,424 China...................... ........ 1,548,448 77,870 Rrit.ish A frirn 44,096 4,411 20,741 Great Britain........ ........ 327,328 Australia................... Canada............................ 71,656 6,283 Hongkong........................ 11,872 957 Japanese China....... Ilawaii...................... ....... — 1,696 253 Spain......................... 1,272 125 Norway..................... .... — 4 Total............... .... 4,975,640 1*196,729 Note:—‘This represents mostly solid log scale, that is, 424 board feet to a cubic meter. For .'t6 Mills for the month of June Lumber Deliveries from Mills Month 1933 1932 June 13,302,361 14,706,841 Lumber Inventory Month jlunc^ 1933 1932 Mill Production Month 1933 1932 June 14,190,784 10,091,232 Note:—Board feet should be used. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

pages

19-20

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