Editorial : an opportunity

Title

Language

English

Source

The Marsman Magazine Volume III (No. 7) January 1939

Year

1939

Rights

In Copyright - Educational Use Permitted

Fulltext

EDITORIAL AN OPPORTUNITY Much of the attention which the Philippine exhibit at the Golden Gate Exposition which opens in April will receive will be concentrated on that part of the exhibit devoted to the mining industry. The western United States in partiGular has followed keenly the progress of mining in the Islands. Most of the American engineers engaged in the operation of Philippine mines came from, or had much of their training and experience, in one or more of the western States. Much of the equipment and supplies used in mining operations here comes from Pacific coast manufacturers or agencies. San Francisco is itself a center of mining and its residents are mining-minded. The Golden Gate exposition affords an excellent opportunity to tell the world-for the millions who will crowd the Fair will be from all over the world -about Philippine mining. It will be a wonderful chance to put over the fact that mining is on a sound basis here; that our mining operations are carefully and efficiently supervised; that the surface of mining in these Islands has but been scratched, and that ore reserves of the leading companies insure continued operation at full capacity for years to come. (Please turn to next page) Table Of Contents Page Marsman Organiz~tion Ends Another Year of Achievement 1 M. P. Tranco to Concentrate on Freight Service 1 Marsman Executives On the Move .. ·.. 2 San Mauricio Mining Company . . . . . • . 4 Suyoc Consolidated Mining Company . • 4 Mining For the Investor . . . . . . . . . . . . . . 7-9 THE ''BUSINESS" OF MINING 1938 Brought Bullish Tread to Stock Market . . . . . . . . . . . • . . . • . . . . . . . . . . 10-11 Marsman & Company Signs Contract with Mountain Mines, Inc. . . . . . . . . . 12 Itog-on Mining Company . . . . . . . . . . . . . . 13 United Paracale Mining Company . . . . . 13 Mysteries of Mining .............. ' 14-16 THE PHILIPPINES NEW SMELTING INDUSTRY Coco Grove, Inc. . ........•... , ...... · 16 Marsman and Company Operations . . . . 18 ~ditorial-An Opportunity . . . . . . . . . . 19-20 THE MARSMAN MAGAZINE Published each month for Marsman & Company, Inc., Marsman Building, Po~ Area, M4r nila, Philippines. P. 0. Box !97 The magazine is sent to all stockholders of Marsman managed in·operties attd to all staff members of the companies associated with the Marsman interests. NOTE: All ore values, bullion figures, etc., given in this magazine are ez'/)'l'essed in pesos based ou. gold at $85i)O an ounce and silver at the market price. Figures given in monthly reports are based on mine assays, and may differ to some ezunt from final mint or smelteir returns. SUBSCRIPTION PRICE, PS A YEAR. RALPH KEELER, Editor and Busine!Jlr -Manager 'l'HE MARS MAN MAGAZINE for January, 1939 19 The Chamber of Mines, the Bureau of Mines, and the Commonwealth Government should work hand in hand in the preparation of an exhibit which will portray the true situation here. Preliminary work now going on indicates that the spirit of cooperation being shown between those three agencies will result in a fine representation for the Commonwealth's most promising industry. A remarkable feature of the development of the mining industry in the Philippines has been the fact that American capital has . taken practically no part in it. Attempts ih the early days, and in comparatively recent years, to interest American financiers in PhilE. E. Elser, Inc. ippines gold mines, were unsuccessful. Today, however, the remarkable achievements of the past five years have opened the eyes of American business to the possibilities they have been overlooking. A number of leading Philippines mining stocks will probably be listed on the San Francisco Stock Exchange this year~ and thus an active interest in our mining industry will be developed in the United States. If the mineral industry section of the Philippi_ne exhibit is properly prepared, it will be of tremendous value in stimulating interest in Philippine mining-and in making possible even further growth and accomplishment for the industry.. All Forms of Insurance Telephone 2-24-28 P. 0. Box 598 MA.NILA THE )IAHsMAN .MA~AZINE f.or January,. 1999

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