The American Chamber of Commerce Journal Vol. 3, No.9 (September 1923)

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Part of The American Chamber of Commerce Journal

Title: The American Chamber of Commerce Journal Vol. 3, No.9 (September 1923)
Issue Date: Vol. 3, No.9 (September 1923)
Year: 1923
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extracted text: September, 1923 Vol. 3, No. 9 The American Red Cross in the Philippines Dr. Haughwout Describes Prevailing Illness Resident Commissioner Guevara Seeks American Cooperation Big Future Predicted for Philippine Sugar Industry Making Lumber out of Sugar Cane Pulp American Chamber of Commerce Takes Up Income Tax Question Closer Relations With Shanghai Woman’s Club Work in the Philippines Editorials Review of Business Conditions for August Shipping Review Statistical Review Other Articles of Interest to Business Men Fairbanks - Morse ALTERNATING “TJ" CURRENT II Ball-Bearing Motors BALL-BEARING MOTORS CUT DOWN COSTS! READ THE MONTHLY SAVING: In Your Electric Current Bill In Freedom From Shutdown Losses In Your (Reduced Attendance) Payroll In Your “Depreciation and Repairs" Accounts FAIRBANKS-MORSE ELECTRICAL EQUIPMENT 40° RATING L. M. HAUSMAN C8, CO. i I Cable Address: M1CHELMAN, Manila IMPORTERS AND DEALERS MACHINERY AND ALLIED PRODUCTS MANILA, P. I. 2 cyVIuelle del Banco Nacional P. O. Box 1729 Phone 1063 tcmber, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 1 c>4n Unusual Combination T TIGH QUALITY and low price seldom go together. -*■ When they meet in one article, it is only soon to part again. That is the right time to buy such an article, for later may be too late. The unusual combination of high quality and low price may now be found in the Standard Underwood. Admittedly the best typewriter on the market even competitors say so it is now selling at a price much below normal considerable lower than other sizes. Free demonstration at your own office or our sales rooms, as you may choose SMITH, BELL C& CO., Ltd. SOLE AGENTS FOR THE PHILIPPINES PHONE 810 Hongkong and Shanghai Bank Building cTMANILA “HERE’S THE SECRET!” The secret of good lubrication is the right oil in the right place all of the time. The right oil is Socony. 'The particular grade for your motor - automobile, truck or tractor—is given on the New Socony Lubrication Chart which you will find at your dealer's. LICHT MEDIUM-MEDIUM-HEAVY-EXTRA HEAVY “What oil is and does" is an interesting chapter in “Motor Lubrication,’’ a booklet designed by lubrication engineers to enable you to get more satisfaction out of your car. From your dealer, or direct from us. It’s free. STANDARD OIL CO. OF NEW YORK 2 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 c4SIA BANKING CORPORATION AN AMERICAN INSTITUTION CAPITA $4,000,000 HEAD OFFICE: N EW YORK CITY DR. C. A. HOLDER. President CHARLES H. SABIN, Chairman T. FRED ASPDEN, Vice-President E. B. MACKENZIE. Secretary G. F. PARTON, Asst. Secretary I. V. SCOTT, Vice-President A. N. GENTES, Treasurer ALLAN B. COOK, Asst. Secretary MANILA BRANCH: 52 Escolta, Telephone No. 2350 N. E. MULLEN, Manager Transacts all description of Banking Business with service all over the World. Supervised by the State of New York and Federal Reserve Board. HEAD OFFICE AND BRANCHES: Head Office, 35 Broadway, New York CANTON HANKOW HONGKONG MANILA PEKING SAN FRANCISCO SHANGHAI TIENTSIN YOKOHAMA can be solved readily by some type of The Washington Simplex Yarder shown above leads all Yarders in ease of operation and low cost of upkeep. Washington Iron Works Seattle, U. S. A. WASHINGTON ENGINES Babcock & Templeton Importers and Exporters MANILA, P. I. Lack & Davis Buildfng Phone 563 Hemp, Maguey, Copra Philippine Products Branch Offices: Cebu, San Francisco New York E. M. Shelton, Jr. Acting Manager. We cXmerican Chamber of Commerce Journal PUBLISHED MONTHLY BY THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINE ISLANDS (Member, Chamber of Commerce of the United States.) ENTERED AS SECOND CLASS MATTER MAY 25. 1921, AT THE POST OFFICE AT MANILA. P. I. LOCAL SUBSCRIPTION—P6.00 PER YEAR. FOREIGN SUBSCRIPTION $3.50, U. S. CURRENCY, PER YEAR. SINGLE COPIES—FIFTY CENTAVOS NORBERT LYONS. Editor H. L. KRIEDT, Advertising Manager Walter Robb, Secretary A. G. Henderson, Chicago Representative E. E. Selph, General Counsel BOARD OF DIRECTORS C. M. Cotterman, President (absent) E. E. Elser, Vice-President S. F. Gachea, Treasurer II. L. Heath B, A. Green C. W. Rosenstock Julius Reis S. Feldstein John J. Russell ALTERNATE DIRECTORS: II. B. Pond IT. II. McCoy I*. A. Moyer ,). W. Ilaussermann EXECUTIVE: C. M. Cotterman, Chairman E. E. Elser PUBLICITY: C. M. Cotterman,Chairman (II. L. Heath, acting) E. E. Elser H. B. Pond Norbert Lyons FINANCE AND AUDITING: C. W. Rosenstock B. A. Green HOUSE: Vacant STATISTICS AND INFORMATION: B. A. Green, Chairman J. C. Patty COMMITTEES INSURANCE AND FIRE PROTECTION: E. E. Elser, Chairman S. Feldstein MANUFACTURING AND LOCAL INDUSTRIES: F. N. Derry, Chairman F. H. Hale Leo. K. Colterman BANKING AND CURRENCY: Carlos Young W. J). Whittemore W. T. Nolting RECEPTION AND ENTERTAINMENT: C. W. Rosenstock, Chairman Ray W. Berdeau Col. Gordon Johnston Waller Robb LEGISLATIVE: C. M. Cotterman, Chairman F. C. Fisher Frank D. Ingersoll James Ross Thomas Carey Welch FOREIGN TRADE: J. S. Reis, Chairman M. M. Saleeby SPEAKERS: H. B. McCoy Walter Robb MARITIME AND HARBOR: R. M. McCrory, Chairman H. B. McCoy J. F. Marias W. J. Shaw Lester E. Hamilton AFFILIATE AND SUBORDINATE ORGANIZATIONS: C. W. Rosenstock Chairman R. M. McCrory J. J. Russell RELIEF: George Seaver, Chairman W. J. Odom A. Schipull, Agent MANILA P. I. CONTENTS FOR SEPTEMBER, 1923 VOLUME 3 No. 9 Page The American Red Cross in the Philippines ................... 5 Resident Commissioner Guevara Seeks American Coop eration ..................................................................................... G President Harding's Death .................................................... 7 Prof. Haughwout Talks cn Prevailing Illness ............... 8 Chamber Takes Up Income Tax Question ......................... 9 For Closer Relations with Shanghai................................... 9 New Members ..........-.............................................................. 9 Big Future Predicated for P. I. Sugar Industry............ 10 Woman’s Club Work in the Philippines (By Mrs. Maud N. Parker) ............................................................................ 10 Making Lumber Out of Sugar Cane Pulp ....................... 11 Editorials : A Malicious Rumor ........................................................ 12 The Federal Income Tax ........................................... 12 Philippine Sugar Possibilities ..................................... 12 A Community Affair ...................................................... 13 Attacking Manila Cigars ............................................. 13 Manila Streets .................................................................. 13 Too Many Periodicals .................................................... 13 Review of Business Conditions for August: Exchange (By W- D. Whittemore) . ..................... 14 Sugar (By George H. Fairchild) ............................. 14 Page Hemp (By C. Patty) ................................................ 14 Ccpra and Coconut Oil (By E. .4. Seideuspinner) 15 Tobacco (By an Active Member) ............................... 16 Iron and Steel (By John R. Wagner) ....................... 17 Rice (By Percy A. Hill) ............................................. 17 Lumber (By Arthur F. Fischer) ............................... 18 Real Estate (By P. J). Carman) ............................... 19 Shipping Notes: U. S. Shipping Review (By A. G. Henderson) .... 20 Local Shipping Review (By J- T. Kinney) ............ 20 With the Board of Directors ............................................... 22 New Incorporations.................................................................. 25 Schedule of Meetings .............................................................. 27 Chamber Notes ........................................................................ 28 Statistical Review: Market Quotations by Months ................................... 31 Government Financial Report ..................................... 31 Consolidated Bank Reports ......................................... 31 Principal Exports ............................................................ 32 Principal Imports ............................................................ 32 Carrying Trade (Imports and Exports)..................... 32 Port Statistics .................................................................. 32 Foreign Trade by Countries ....................................... 32 The American Chamber of Commerce is ready and willing at all times to furnish detailed information to any American Manufacturer, Importer. Exporter or other Americans who are interested In Philippine matters. Address all communications and requests for such information to tbe Secretary of the Chamber, No. 14 Calle Pinpin, Manila, P. I. The American Chamber of Commerce of tbe Philippines is a member of the UNITED STATES CHAMBER OF COMMERCE, and is the largest and most adequately financed American Chamber of Commerce outside the continental boundaries of the United: States. The organization has Twelve Hundred mem bers, all Americans, scattered over the Philippine Archipelago from Tawi Tawl to the Batanes. The organization of branches iji all the American communities of the Asiatic Coast is being stimulated. gi4F The AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINE ISLANDS should not be confused with other organizations bearing similar names sudi as the Chamber of Commerce Of tbe Philippines, the Philippine Chamber of Commerce, the Pbllippine-Araerican Chamber of Commerce and the Manila Chamber of Commerce. 4 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 CATTON-NEILL ENGINEERING AND MACHINERY CO. CONSULTING AND CONTRACTING MECHANICAL—ELECTRICAL AND SUGAR MILL ENGINEERS DESIGNERS, MANUFACTURERS AND ERECTORS OF SUGAR CENTRALS MACHINERY AND SUPPLY JOBBERS Crushers Steam Turbines Tractors Marine and Shredders Hydraulic Plows Stationery Sugar Mills Turbines Agricultural Engines Boilers Generators Implements Engineer’s Supplies Conveyors Pumping Rice Threshers Valves Evaporators Machinery Hullers Packing Vacuum Pans Electrical Supplies Polishers Belting Filter Presses Machine Tools Machinery for Lodging and Crystallizers Motors Extracting Coconut Hoisting Centrifugals Lamps and Other Oils Engines 25 Santa Cruz Bridge Manila, P. I. Phone 2392 Hundreds Crowded COSMOPOLITAN HOTEL at its inauguration Catering to the entire community^ Excellent cuisine Best ot service. Unanimous Was Beauty' Combined The Verdict: cTWUSIC With Comfort It Is A Real Hotel! And Service ! Open Day and Night 504 Ave. Rizal The American Red Cross in the Philippines By W. W. Marquardt Former Director of Education of the Philippine Islands Comparatively few of the ten million re sidents of the Philippines were able to don uniforms and to enlist in either the military or naval forces of the Allies. Comparative ly few were able to buy Liberty Bonds in large quantities. The Red Cross, however, gave opportunity to all, whether men or women, old or young, rich or poor, to par ticipate in war service. That this opportu nity was eagerly seized is evidenced by the record of the Philippines Chapter of the American Red Cross during the period of struggle and conflict. Volumes could be written of the individual sacrifices, the com munity patriotism, the wise planning, and the persistent efforts made by members of all of the Allied nationalities residing in these Islands, in the carrying out of the ideals and purposes of the Red Cross. A well trained historian in writing up the record of the Red Cross in the Philippines would perforce fail to mention hundreds of individual instances of genuine sacrifice and scores of group activities of unusual significance at the time of their occurence. In a brief review of Red Cross activities, only a few of those special features which have come to the writer’s particular atten tion can be mentioned, leaving untouched many phases of the work of greater import, in all probability, than some of those noted. Beginnings in the Philippines The American Red Cross was not esta blished in the Philippines before the War. The American Women’s League of Manila, however, had contributed to the relief of suffering in Europe prior to April 1917. As scon as America entered the War, the League was organized into a Red Cross Auxiliary. Work rooms were established and shipments for the soldiers were com menced in short order. On Occupation Day, the Red Cross workers received 1*13,800, the results of the action of the Manila Jock ey Club in placing its track and services at the disposal of the Auxiliary. The women soon had a successful provincial drive for members and funds under way. By December 1917, nine provincial cent ers ahd two centers at United States Army posts in China had been established under the Philippine Auxiliary. The work ac complished was great in volume but the needs grew so rapidly that on December 6, 1917, the Philippines Chapter of the Amer ican Red Cross was organized. Most of the Red Cross centers were incorporated into the Chapter as regular auxiliaries, and an Executive Committee was organized from some of the leading Americans and Filipinos in America. Before long, 33 au xiliaries were functioning, together with 13 other centers which were auxiliaries to all intents and purposes, even though not form ally recognized as such. Work of Women During the war, the men managed the campaigns for funds but it was the women who did most of the soliciting. It was the women, too, who managed the work rooms, some hundreds of them—spending full time every day of the week in tasks that in ordinary times would be considered as me nial, but which were ennobled by the spirit of service in war time. The First War Fund Drive was not stres sed because every ounce of available energy was needed in the Liberty Loan Drive then progressing and resulting in doubling our quota of six million dollars. The Second War Fund Drive brought in over 1*500,000. The Elks donated 1*40,000 and the Car nival Association almost 1*42,000. | The proximity of Siberia to the Philip pines and the urgency of appeals for assis tance from Vladivostock caused the Phil ippines Chapter to make Siberia a field of special endeavor. Fifty thousand pesos were voted for whatever relief work the Siberian Commission might deem advisable. Hospital garments, bandages, surgical dres sings, refugee garments and mattresses were made by the thousands and sent to Siberia. Of even greater importance were the dcctors, nurses, and other Red Cross workers who left their homes in the tropics to serve humanity in frigid Siberia. Various Activities The Armistice was signed almost five years ago today and the patriotic enthu siasm, and the martial spirit of war days are passed, but the need for the Red Cross in the Philippines remains. In response to this need, about 1’300,000 was raised last year for the Senior Red Cross. Not one centavo of this money left the Philippines. The proceeds of all membership dues are spent in the Islands. Efforts are concen trated mainly cn four lines of humanitarian activities—the Associated Charities, thq, nursing service, disaster relief, and home More than 1*20,000 was spent on asso ciated charities last year,and over 600 needy families are now on the list of those who receive aid in securing employment or are given relief from illness or ether misfor tune. The nursing service is the most import ant single undertaking of the Philippines Chapter. Ninety public health nurses are employed. These nurses inspect 22,000 school children and visit 14.000 homes per month in cooperation with the public school teachers. They advise and assist 12,000 mothers every month in the Puericuiture Centers, working with the Com missioner of Public Welfare. The benefi cial results of this work cannot evsn be estimated. No other manufacturer in the world has so perTHE UNIVERSAL CAR sistently maintained such high standard of quality and so determinedly kept prices down. -THE TOURING CAR . . . F !!£?♦">. EQUIPPED WITH SELF STARTER AND DEMOUNTABLE WHEELS Manila Trading & Supply Co. cTHanila Iloilo Cebu 6 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 Disaster relief has been extended this year in the cases of fires at Danglas, Abra; Valderrama, Antique; Samal, Bataan; Atlag, Bulacan; Dao, Capiz; Bauko, Moun tain Province; Navotas, Rizal; Guadalupe, Rizal; Romblon, Romblon; San Sebastian, Samar; and Imugan, Zambales. Relief has also been furnished in the epidemics in Ilocos Norte and Samar. This system of relief is usually more prompt than government relief, and has been of special importance this year when the gov ernment had no funds specifically set aside for such purpose. The Home Service department spent about 1*15,000 last year in aiding disabled soldiers and sailors of the United States Army and Navy. This department is now looking after approximately 350 families of disabled Philippine soldiers. It not only obtains compensation for disabled soldiers through the War Veterans Bureau, but also looks after the families while neces sary Government red tape is being unwound in the process of securing the compensa tions due. The affairs of the Philippines Chapter are handled with remarkable efficiency. The fifteen members of the Executive Commit tee include four business men, three doc tors, one educator, one judge, two women with previous training as nurses, and two others very prominent in the work of wo men’s clubs. The variety of ripe experience thus brought to bear upon every question coming before the Committee, plus the in tense interest of all members in all civic movements, makes for a governing board of exceptional qualification, and when such a board has its policies carried out by an unusually well trained staff of welfare workers, doctors, dentists, end nurses, the combination is one that is hard to excel. Junior Red Cro^s Great as is the number of participants in the Senior Red Cross, still greater is the number taking part in the Junior Red Cross. During the War, over 200,000 chil dren contributed 30 centavos each for mem bership dues, and many of these children had to earn a few centavos a day and save up this meager wage until they could pay their contributions. In order to increase food production, the number of children’s home gardens was doubled. The making of garments for the refugee children in France appealed enormously to the Filipino children. This'work brought each parti cipant into vital touch with the outside world. All the domestic science pupils in the Archipelago took part. Girls from the Normal School and the High Schools in Manila cut cloth according to patterns de cided upon after consulations with the wife of the French Consul and with several Bel gian Sisters. After cutting, the cloth was distributed by the Bureau of Education. The girls in the Housekeeping and House hold Arts classes did the sewing, and the Trade School boys made the boxes in which the finished garments were packed and turned over to the French Consul for ship ment to France. A total of more than 300.000 garments was thus furnished to the destitute children of France and Bel gium. The Juniors were significant fact ors, too, in the securing of Senior members and money contributions, and in the selling of Liberty Bonds and War Savings Stamps. With, the close of the War, came the change to the peace time program. During the War but little attention had been paid to local needs. The Juniors had, however, sent clothing to the children of the Moun tain Province, aid to the sufferers in the influenza epidemic, and contributions to se veral worthly local causes. When peace came the local needs became more appar ent as the war needs decreased, and the Junior Red Cross not only maintained its wonderful war membership, but actually increased it until last year 350.000 school children contributed 30 centavos each or a total of 1*105,000. With 1*100,000 of this mo ney, 50 school dentists have been maintain ed in Manila and in the provinces, and more than 25,000 school children were treat ed each month last year free of charge. Three thousand pesos went to the Fresh Air Camp at Nagcarlan, Laguna, where 100 poor boys and 100 poor girls of Manila were given not only a good time but a bet ter lease on good health and a better con ception of what constitutes right living. The non-Christian children were remem bered, too, and 1*10,000 was spent for cloth which was made up into garments by the school children. All of the Junior contri butions are returned in full to the provinces and additional funds for specific purposes are also transferred from the Chapter funds to the Junior funds. The educational value alone of the Ju nior Red Cross movement is bound to repay manyfold all the time and effort required to keep it a going concern, and everyone who has interested himself in this move ment feels that it has become a most val uable asset to the public schools of the Islands and a most important factor in the welfare of the Filipino people. Resident Commissioner Guevara Seeks American Cooperation Resident Commisioner Pedro Guevara and U. S. Congressman Ackerman of New Jersey were the principal speakers at the weekly meeting of Wednesday, August 8, which was also the regular semi-monthly meeting of Active and Associate members. The principal topic of discussion after the speeches was the C- O. D. system xrom the United States, Associate Member J. A. Stiver, representative of Montgomery, Ward and Company, talking against the discontinuance of the system, which, he claimed, citing figures, does not do as much harm to local business as is generally be lieved. Colcnel Gordon Johnston of the Governor General’s staff replied to Mr. Stiver’s remarks. Acting President E. E. Elser was in the chair. Commissioner Guevara, the first speaker said: “Mr. Chairman and Gentlemen of the American Chamber of Commerce: It is really more than an ordinary inspiration to be with you this noon, just before I depart for Washington; and I appreciate this opportunity of addressing the mem bers of this organization, composed as it is of the representative business men of the Philippines. “Permit me, gentlemen of the American Chamber of Commerce, to take advantage of this opportunity to state to you in un mistakable terms that the need of an early development of the Philippine natural eco nomic resources and industries is some thing that appeals to both Americans and Filipinos alike- I believe that every Amer ican who has come to this country is as much interested as any Filipino to see a rich, great and happy Philippines. This sentiment is not one of momentary emotion, much less is it a consequence of a mere sympathy of the American people, who in the past, as even now in the present, have shown their willingness to aid all move ments to make the world better and con form to the best standards in human en deavors. My view is rather the outcome of a realization of the common design of the two peoples—the Americans and the Filipinos—peoples indissolubly bound to gether and imbued by common ideals and purposes to defend this country as their own and to uphold her fate as theirs. Proud of Progress Made “Self-preservation alone should strongly induce both peoples to be highly tolerant and broad-minded in all questions of mu tual import. This spirit must guide us in all our efforts to reach the goal of our joint ambition. For twenty-five years now we have labored together in the building up of this Philippine country and in the settin’g up of the Philippine government. The providential result of these combined efforts is almost at hand. Both peoples are proud, yea the whole world even is proud, of the unparalleled progress attained in this country through the guiding hand of America. The only thing that now remains for us to do, co-operatingly to com plete the task, is to face the present situa tion with calm reflection and sound judg ment, accompanied by that courage and unwavering faith that invigorate the exist ence of a well established community. “The Americans, unlike some of the con quering nations of the ancient world whose chief ambition in their expansion was to dominate other peoples and races, did not come to this country for purely political purposes. On the other hand, Americans came to this country to show to the world that your flag symbolizes justice, freedom and progress. I know that all of you here would not feel happy if you had to live with an unsatisfied people under the sha dow of your unsullied flag. And this is the reason why the Filipinos have an abid ing faith in you; why we can entertain an undying hope for the best future of the Philippines. And this is also the reason why. we are always ready and willing to open the economic doors of our country and have you develop our industrial and natural resources in preference to any other of our international friends. ‘‘The Filipino people are perfectly aware that they cannot stand isolated from other peoples- Yet with regret we see how hesitant you are (and the Filipinos them selves are alike hesitant) in undertaking the task of developing the immense natural resources lying unproductive throughout this Archipelago. Why should this be so? In seeking into the cause of this manifest hesitancy, permit me to express myself now with frankness and in olear-cut words, so that I may be unfailingly understood. Wants Political Status Defined “You are well acquainted with the course of development of our government, which September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 7 has progressed since 1901 up to the present time. We can safely affirm that, accord ing to your constitution and the laws now enforced in the Philippine Islands, the only present tie that binds this country to the United States is the Flag- so gloriously displayed in this part of the world and the legal authority of the Governor General, now appointed by the President of the United States. “As you very well know, the government of this country is committed to two govern ing institutions founded upon two different authorities: one upon the authority directly coming from the President of the United States and the other upon the authority arising from the people of the Philippine Islands. It is also claimed that the Amer ican chief executive of the Philippine Is lands is the only person in the Philippines who represents the sovereignty of the United States, and in the exercise of his authority it must only be in emphasis of that sovereignty. “I do not want to discuss here the cor rectness of such latter theory. To my mind as long as the flag of the United States remains floating in this country, each and every one of the duly established govern mental organizations functioning under it represents the authority and majesty of the United States Government. The very oath of allegiance taken by the appointive as well as by the elective officials of the government of the Philippine Islands to the constitution, laws and authority of the United States is a conclusive proof that the exclusive representation claimed as above could .not be embodied alone in one of the organisms of the government of the Philippine Islands. But whatever might be our ideas or conception of the represen tation of the American sovereignty in this country, is hot the question at issue. What is absolutely certain is that we are con fronted today by an actual situation and not by a mere theory. Duty requires us to look for a final solution and adjustment. The authoritative definition of the per manent political status of the Philippines is an imperative need and that definition must be secured in order that the basis for safe and expanding investments might now be laid. For Filipino Governor General “I perfectly know that you do not so much care who, given such a working basis, might be the Governor General of the Phil ippine Islands. I sincerely believe that what you, the businessmen, must and need is a government capable of guaranteeing the properties, lives and permanent hap piness of all the inhabitants of this coun try; a government capable of bringing about a common understanding and har monious relations among the residents of the Philippines; a government capable of establishing confidence and meriting it from all, and a government good enough to avoid suspicion and distrust from any one. And this kind of government can be secured and established in the Philippines with a Filipino Governor General, appointed or elected as the case may be. However, I wish to declare, as I do now declare, that the most feasible effective solution of this problem is to grant the Philippines com plete and absolute independence. This is the goal of the sacred aspirations and ideals of the people of the Philippine Islands, and it is my sworn duty to struggle for it. The people of the Philippines are of course willing and ready to grant any con cessions to the American people for the safety of their interests and their honor President Harding’s Death As soon as the news was received in Manila that President Harding was seriously ill in San Francisco, the following cablegram was sent by the Acting President of the Chamber to Mrs. Harding: American public of the Philippines expresses sympathy with you and the President, and earnestly hopes and desires the President will have prompt and complete recovery. The sad news of the President’s death came to Manila on August 3. On the same day cablegrams were dispatched by the Acting President of the Chamber. To Mrs. Harding: Ametica^ns in the Philippines extend their deepest sympathy in yours and the country’s hour of breavement. To the Secretary of War: Americans in the Philippines extend condolences to their contrymen on account of the President’s death. The news came as a shock to the American community. The Pres ident had been very actively interested in the Philippines, having been for many years chairman of the Senate committee on the Philippines prior to his election to the presidency. He had many friends among the Amer icans in the Islands. Memorial services were held in all the American churches, and on August 13 a community memorial function took place at the Manila Hotel which was attended by about 500 Americans. Governor General Wood, Justice Johnson, Judge Haussermann, General Read, Bishop Locke, and Attorney Tenney delivered addresses. The 31st Infantry band played and a special quartet rendered appropriate selections. in the Far East, because we know that their interests are our own and their safety is the safety of our nation. Asks For Cooperation “Gentlemen, I need your inspiration and your help in this great undertaking. Let me ask you for a moment to consider your selves to be in the place of the Filipinos, in the face of the present involved situa tion, in their task of judging and solving the problems I have just referred to. I wish that you would recollect the years gone by when your America was going through the various processes of construc tion before she reached the prominent posi tion she is now holding in the association of nations; this consider in order that you may judge and better appreciate the Fili pinos’ struggles, their failures and their relatively great successes. "In respect of these things, let us pull and strive together and success will be cer tain. I cannot see any necessity or ad vantage in maintaining a fictitious situa tion Nobody can expect that America will reverse her policy in the Far East, much less her policy in the Philippine Islands, by adopting any backward measure. The American people are imbued with altruistic principles, and you and I know chat the Americans will not hesitate when the time comes to make the supreme sacrifices that would at any time be necessary for the defense of those principles. They bravely fought in many battles for the cause of their own and human freedom and they are and will be ready at any time now and :-n tl)e future to uphold the same ideals and principles. Therefore, we here must strive to advance forward together, so that we may establish in this country a situation befitting the honor, and beneficial co the interests of, all concerned. We must not waste our time in discussing affairs the solution of which is beyond our reach local ly. Let us avoid placing ’a square peg in a round hole.’ “The world is conscious that the Amer ican occupation of the Philippine Islands is not and never has been based on any American desire for any conquest or per manent dominion. If this be the fact, as undoubtedly it is, then our joint duty is to procure the early development of the nat ural resources of this country, so that the Filipinos, together with you, can enter inf# the great competition in the markets of the world. This must be the basic idea and the hopeful dream of all inhabitants of the Philippine Islands—Americans and Filipi nos alike. “I thank you.” The Chamber’s Stand At the conclusion of the Commissioner’s speech, the chairman said in part: “I knew there was something that our friend the Commissioner wouldn’t agree with us on, and I want to say now that there is no misunderstanding between us and the Senator and the Filipino people on this subject of independence. The Amer ican Chamber of Commerce sincerely be lieves and tenaciously holds to the opinion that the sovereignty of the United States over the Philippine Islands is best for both Americans and Filipinos. On every other subject I think we agree absolutely with the Commissioner. I want to thank him for his presence among us and I am sure we were all very much interested in his talk.” Ackerman Talks Mr. Elser then introduced Congressman Ackerman, who said in part: ‘‘This is not my first visit to Manila, but I don’t feel that I am entitled to write a book or history of the Philippines from what I have learned in the last few hours. “I have had on my desk for some time, and shall probably introduce it this fall, if I am permitted so to do, a bill which will allow income taxes that are paid by citizens of the United States elsewhere than in the United States to' be deducted from the gross amount of their incomes, so that they may have that additional relief.” 8 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 He also referred to the sales tax, which he will try to have passed by Congress, his bill providing- an impost of 25 cents on every 100 dollars. Mr. Ackerman was loudly applauded. The C .0 -D. System On the suggestion of Associate Member S. A. Presby, Mr. Stiver read a report on the C. 0. D. system. His investigations showed that the total C- 0. D. sales from the United States through the Manila post office amounted to cnly $14,000, the sales Professor Haughwout Talks on Prevalent Illness Timely and authoritative advice was given the members of the American .Cham ber of Commerce and their friends at the weekly luncheon of Wednesday, August 1, when Professor Frank G. Haughwout, pro tozoologist of the Bureau of Science, gave an interesting talk on the subject of "In testinal Diseases Prevalent in Manila.” Professor Haughwout opened his talk with the statement that intestinal disorders are the most frequent cause of sickness in the cities and towns of the tropics in general. Their varied origins and the frequent similarity of clinical symptons arising from different causes present a difficult problem to the physician from the viewpoint of diagnosis. As the cor rect treatment of these various ailments is largely dependent upon correct diag nosis, the practising physician is forced to rely largely on the verdict of the man In the laboratory—in other words, the microscopist. Correct Diagnosis Necessary “In endeavoring to present to this au dience some of the demonstrable facts con cerning intestinal diseases in Manila,” said the speaker, "I want to make it clear that I approach the subject mainly from the viewpoint of the microscopist—in other words, the man who collects and endeavors to interpret most of the more definite and intelligible evidence we have concerning the nature of the disturbance. Fever, pain in the abdomen and unwonted activity of the bowels are, in themselves, only evidence that something is wrong; they do not tell us anything definite as to either the nature or cause of the trouble, for that is con cealed from our eyes by layers of skin, muscle and other structures. It is import ant to know the real nature of the sick ness, for until then treatment may be in effective or even dangerous. This is doub ly important in dysentery, for the treat ment that is adapted to one form of dys entery will be wholly ineffective for the other form. The least harm that can re sult from a mistake is the loss of valuable time in the treatment of the patient at a time when his strength is waning fast. “It likewise is expensive and otherwise unfortunate to treat as dysentery, some times over long periods of time, intestinal disorders that a little careful study would have shown not to be dysentery. Two Kinds of Diseases “Excluding cholera and typhoid fever, which will not be discussed here, intestinal disorders fall into two broad classes: Those not known to be caused by any spe cific parasite or bacterium, and those that are known to be caused by a germ of some kind. tax on which amount would only be !F420. Some of the members then stated that the figures for provincial C. O. D. sales should also be included in an estimate of this sort. Colonel Johnston declared that Mr. Stivei* had seen the Governor General on the mat ter and that due consideration was given his arguments. Following a brief discussion of the Unit ed States income tax question, which had become prominent because of reports that it would be collected from American citi zens and firms in the Philippines, the meet ing adjourned. "In the first group are found those dis eases of the digestive tract caused by the breakdown of the function of some portion of the tract oi’ some organ, such as the liver or the pancreas, that takes part in the processes of digestion. There, also, we find disturbances following the eating of poisonous substances or foods containing bodies that mechanically irritate the in testine. Not infrequently we find individuals who show a marked idiosyncracy to some particular type of protein food, such as fish, shrimps, prawns and the like. On eating such food, these persons become violently ill, the attacks resembling dysen tery or even cholera, until these are ex cluded by the microscope. These articles of food may be perfectly fresh, for the disturbance is not due to decomposition or infection with disease germs, but simply to antagonism between the food and the particular peison who has eaten it. The reaction in these cases is somewhat similar to that in lay fever and asthma, except that the d:gcstive, instead of the respira tory, tract is attacked. “The foregoing constitute the greater number of the instances of intestinal di sease that occur. They distinctly outnum ber Those disturbances caused by specific germs except in actual epidemics of dy sentery, cholera and typhoid fever. They usually are accompanied by diarrhoea, pain in the stomach and abdomen, nausea, vom iting and a train of symptoms resembling those of dysentery or even cholera. On adequate study their real nature usually can be determined; at all events it is al most always possible to exclude the infec tious diseases. Bacillary and Amoebic Dysentery “Under conditions that have prevailed here for some time, dysentery in the true sense is relatively rare in Manila. Dur ing the rains, there usually are more cases of bacillary dysentery than one sees during the dry season. The prevailing form of dysentery in Manila, and the only form that ever appears in epidemic form, is bacillary dysentery of the acute type. Amoebic dysentery is not of very frequent occurrence although carriers of the or ganise that causes it are often fouhd among people who show no recognizable symptoms of their infection. Symptoms Similar “The presence of these two types of dys entery here presents a troublesome prob lem to the physician, for the symptoms shown by two patients, one suffering from amoebic and the other from bacillary dys entery are often so strikingly similar that the experienced physician does not dare to start treatment until the microscopist has studied the case and informed him as to the type of dysentery present. This is es pecially important in the more severe types of bacillary dysentery, for the patient’s life may depend upon the promptness with which serum is administered after the trouble starts. “Fortunately, research done during and since the war has made it possible to cor rectly diagnose acute dysentery of either type very son after the onset of the ill ness and there no longer is any need io wait a matter of many days before the bacteriologist can report, by which time the patient may be beyond earthly help. “Baccillary dysentery usually runs a sharp, acute and relatively short course, usually terminating in recovery or death in a week or ten days at the most. Bacil lary dysentery in the real sense seldom runs a chronic course. In its stead, there may remain, after any dysentery, an ul ceration of the intestine that is aggravated and prolonged by unwise eating and which may run a long course seriously affecting the health of the individual. Unfortuna tely, these cases do not usually improve very much under serum or vaccine treat ment. “Amoebic dysentery, on the other hand, runs a less acute course, but it may drag cn for years unless properly treated with emetine. Fortunately, however, only a very small proportion of persons infected with the dysentery amoeba ever develop dys entery. However it is a dangerous para site and when it certainly is found in a person, treatment should be pushed until it no longer can be found, for one never can tell when it will cause trouble, if not in the intestine, in the liver or other parts of the body. Many Mistakes Made “Acute amoebic dysentery is very easy to diagnose under the microscope by an experienced man. The chronic infection, however, offers great difficulties and many examinations are often required before it is detected. Five different kinds of amoebae are found in the intestine of man, but only one is harmful, so far as our present knowledge goes. It takes an ex perienced man to tell one of these amoebae from another, for they resemble each other very closely, and other objects are fre quently mistaken for them. The conse quence is that many mistakes are made. I have in my own experience studied epidem ics of dysentery which have been thought to be amoebic but which cn study have turned out to be mild outbreaks of bacil lary. dysentery. Unskillful microscopists are responsible for many serious mistakes in the diagnosis of dysentery and often the consequences are most serious. The phys<ician is literally at the mercy of the microscopist or laboratory man in these cases. “Infections with the organisms that cause dysentery, cholera and typhoid fever are always contracted through the mouth. The sources of infection in their probable order of importance are: 1. Healthy car riers of the germ; 2. Uncooked food, princi pally vegetables; 3. Flies and other insects that carry the germs from the bowel dis charges of persons suffering from the disease, and 4. More rarely, contaminated drinking water. Cooking Only Safeguard “One of the most prolific sources of in September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 9 fection in the tropics is uncooked vegetable food such as lettuce, cabbages, celery and the like. Such vegetables arc usually fer tilized with human excrement, and always should be assumed to have been so treated. They also are frequently sprinkled with solutions of excreta to kill insect para sites. “There is no practicable method by which such vegetables can be rendered safe by dipping in disinfectant solutions or other methods, except thorough cooking, and be lief in such a mischievous theory is certain to lead to disaster sooner or later. “There has been a sharp rise in intest inal disorders in Manila during the past few weeks. The greater number of cases have been of diarrhoea, apparently of a fermentative nature. The incidence of true dysentery does not yet appear to be CHAMBER TAKES UP INCOME TAX QUESTION The regular semi-monthly meeting of Wednesday, August 22, was devoted prin cipally to a discussion cf the federal income tax question. Cablegrams from President Cctterman of the Chamber stating that the federal authorities had decided to enforce the collection of this tax together with penalties since 1918 were read by Acting President Elser. Various members spoke on the subject. The following resolution, introduced by Senator Fairchild, was finally adopted: Resolved that the Directors be au thorized to appoint a committee to draft a petition to the Governor General ask ing him to assist in obtaining relief from the federal income tax, which it appears the federal authorities .contem plate enforcing against Americans in the Philippine Islands. Active Member Leo K. Cotterman on August 7 received the following cablegram from President Cotterman: Notify American Chamber of Com merce that the Treasury Department intends to take immediate steps to col lect income tax. Has begun action. higher than may be expected at this time of the year. Most of the true dysenteries are cf the bacillaiy type, with now and then an amoebic dysentery. These are readily distinguished from the more frequent diar rhoeas and may be treated by the standard methods which call for the administration of anti-dysenteric serum in the case of bacillary dysentery, and emetine in the case of amoebic dysentery. “The prevailing diarrhoeas appear to yield' most readily to dietetic and simply medicinal treatment which, however, must be carried out with perseverenee. Vac cines, either in dysentery or the diarrhoeas, are of doubtful value and may even be dangerous, and are not to be recommended in the present state of knowledge regard ing these conditions, especially as other forms of treatment are of proved efficacy.” In reply to a cable for further details, Mr. Cotterman, Sr. wired the following in formation, which was received cn August 21: Have not received full details. Col lection will be enforced according to law. Ready to start legal proceedings. Five years’ taxes must be paid. Pay ment cannot be deferred very much longer. Penalty will be enforced. Would advise suit as test case, as recommen ded in my letter of March 10. Clea rance will be required. The word “clearance” has reference to persons desiring to leave the United States. Apparently they will not be permitted to leave unless they can show that they have paid the federal income tax. Following the income tax discussion, As sociate Member Julian Wolfson announced that he had accepted the direction of a play to be staged for the benefit of the Indigent American fund of the Chamber. He called upon all members of the com munity to cooperate with him. The amount to be raised has been set at 1*20.000 and the show will bo staged at the Grand Opera House in October. There will be two per formances. the Orient, for he was very enthusiastic, particularly with reference to Shanghai’s possibilities as a sugar refining center. He marveled that so little progress had been made in the sugar refinery business here; said that Shanghai should be the great distribution point for the sugar markets of nearly all of China except the South; oredieted that in a few years the Philippines would be producing from three to six times as much raw sugar as they now yield, and that a large part of this would find its way to ultimate consumers in China through American and Sino-American refineries and distributing agencies ?n Shanghai. “He pointed out, incidentally, that this would confer great additional benefits, di rect and indirect, on both Shanghai and Manila.” The China Press says editorially on this subject: “Mr. R. Renton Hind, of Manila, who was in the city a few hours Wednesday, made the significant statement that when ever the Americans in Manila thought of China they always thought of Shanghai, whereas the Filipinos, when China was .mentioned in their presence, always thought of Hongkong. Mr. Hind felt sure, and Mr. Dollar concurred with him, that if proper overtures looking to closer co-operation were made by Americans in Shanghai to their fellow nationals in Manila this state of affairs would be changed, which in time would have very far reaching results, in cluding the conversion of the Filipinos to the patent truth that Shanghai ?s the real center of trade and manufacturing in China. “This would be a fine thing for the very good reason that Shanghai is becoming more and more of a manufacturing center, whereas the Islands produce a large num ber of the raw materials that should How into the maws of this city’s manufactur-, ing establishments. If Shanghai and Ma nila understood each other better, many of the island products that are now converted into the finished article in Europe and the United States would be so converted -n fac tories here, and it is in the hope of bring ing about that better understanding that Mr. Dollar plans to get representative bus iness men, merchants and officials of the two communities into a get together con ference.” For Closer Relations With Shanghai PANORAMIC VIEWS OF BUSINESS DISTRICT AND PASIG RIVER As a result of the recent visit of R. Ren ton Hind, secretary and general manager of the Pampanga Sugar Mills, to Shanghai and his conference there with his former college chum, Harold Dollar, president of the American Chamber of Commerce in Shanghai, closer commercial relations are likely to develop between Manila and Shanghai. The following is extracted from a news item concerning a conference with Mr. Dol lar, which appeared in the China Press: “During the stop-over of the Grant Mr. Hind discussed the relationship—or lack of it—between Americans in the two larg est Oriental centers with numerous bus iness men here, including Mr. Harold Dol lar, president of the American Chamber of Commerce. Mr. Dollar and the others with whom he talked were much impres sed, and as a result of the discussions, which were informal, it can be announced that a movement will very probably be launched here with a view to arranging a conference between American business men and officials of Shanghai and Manila, the purpose of which will be to discuss ways and means of bringing the two communi ties closer together in a business and of ficial way, and of adding to development of American interests in both. Manila Receptive “Mr. Hind said that American business men in the Philippines would welcome an opportunity to ‘get together’ with their fellow countrymen here, and Mr. Dollar assured him, in turn, that there was no doubt about the -desire of Americans here to co-operate as closely as possible with the Islands. He further assured Mr. Hind that he would bring the matter to the at tention of the American chamber in the near future with a request that it be given very serious consideration. “Mr. Hind evidently had given much thought to the possibilities of this port in the development of American business in A wonderful set of panoramic views of the Manila business district and the Pasig river shipping has just been taken by W. B. Allen of Denniston’s. The photographs are the first ever made of this subject. They were shot with a special camera from one of the Walled City churches and are exceptionally clear. Another panoramic view shows the Jones Bridge at sunset. These photographs are being colored by a good artist and may be obtained, either plain or colored, at Denniston’s. Framed, they should make exceptionally interesting souvenirs of Manila. NEW MEMBERS Associate E. W. Kopke, Manila Hotel, Manila. Affiliate L. L. Barron, Baguio, Benguet. 10 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 Big Future Predicted for P. I. Sugar Industry J. B. Hardon and George T. Walker, American sugar experts sent co the Phil ippines to carry on negotiations for Jie bonding of the National Bank centrals in Negros by important American interests, were the guests of honor at the weekly luncheon of the Chamber on Friday, August 17. Governor General Leonard Wood, who was an informal guest at the meet ing, also spoke, as did Rafael Alunan, for* met majority floor leader of the Philippine Legislature and now in charge of one of the Negros sugar mills. Judge John W. Haussermann presided. Big Sugar Possibilities Here Mr. Hardon declared that his investiga tions had convinced him that Philippine sugar possibilities were tremendous, or at least as good as those of any other sugar center in the world. He pointed out that Cuba with an area of 28,000,000 square miles and a population of 3,000,000 pro duces between 3,500,000 and 4,000,000 tons of sugar a year while the Philippines with an area of 115,000,000 square miles and a population of 12,000,000 produce only about 300,000 tons. “I see no reason,” he declared, ‘‘why in the course of time the Philippines should not become a serious rival of Cuba. The Philippines have an advantage of 1% cents a pound in duty, which is an important factor. The Islands have two essential prerequisites for successful sugar cultiva tion—a fertile soil and an abundant labor supply- Two conditions are still needed to warrant the investment of large capital. These are a sense of security and perman ence of government and adequate earning capacity. A number of the centrals are now beginning to show results and under proper financial conditions there is no rea son why all the Bank centrals should not do well-” Mr. Hardon stated that those who are backing the proposed bond issue are ap proaching the present negotiations in a spirit of cooperation, realizing that no in vestment in Philippine sugar centrals can be considered sound unless founded on the satisfaction of all the elements concerned —the farmer, the planter and the miller. Upon the success of these negotiations, he said, depends further investment of Amer ican capital in various other enterprises. Mr. Walker traced the development of the Cuban sugar industry, which began at about the same time as that of the Phil ippine industry, under American auspicesThe progress in Cuba has been remarkable, he declared, but hardly more remarkable than in the Philippines, taking conditions into consideration. Cuba, he pointed out, has been able to achieve her wonderful re sults through increased unit production, despite higher labor costs than prevail in the Philippines. Cooperation Advocated Mr. Alunan was next called upon for a few remarks. He began by saying that he was glad because he had learned what can be done with the Philippine sugar industry but grieved to learn that we have not done as well as Cuba. Real results, he stated, can obviously not be accomplished without help, and American assistance was natural ly to be preferred to any other. Mr. Alu nan briefly referred to the political dif ferences that have arisen in the govern ment and appealed to all to do everything possible for the return of harmony between all elements of the community. He ex pressed confidence that good feeling and perfect harmony will eventually be* re stored. Chairman Haussermann, replying to Mr. Alunan, said that while there may be some differences among the political people of the Philippines, the Filipino and American business elements have formed a strong bond of friendship and mutual respect and admiration- ‘‘The heart of the American people, both here and beyond the Pacific, beats true and loyal to the best interests of the people of the Philippine Islands,” he declared- “We who are not of the political elements must stand close to each other and continue and build up that firm friend ship of 25 -years’ standing.” He was heart ily applauded. No Political Differences Says Wood General Wood was called upon for a few remarks and he responded extemporaneous ly. The sugar industry, he said, is one of the most important in the Islands but it needs capital and experience for its proper development. It should be able to produce four to five million tons a year. No people are easier to work with than the Filipinos, he stated, but they cannot be treated like some other Asiatics. Employ ers must show human interest and regard for them. In view of the great distance of the Islands frqm the home market, the Governor thought, the sugar industry can not hope to do well without the present tariff advantages it enjoys. Referring to the allusions regarding poli tical differences that had been made by previous speakers, General Wood said: “There is not any political issue, but no man worthy of the name American or Fi lipino, will talk non-cooperation. Any man who is willing to fan the fires of racial hatred is a traitor to the aspirations of Woman’s Club Work in the Philippines By Maud N. Parker, Patroness, Philippine Women's Clubs. The history of American accomplishment in the Philippines for the past quarter of a century would be incomplete without an account of the valiant work done by the women of America among their Fil ipino friends in the establishment of women’s clubs throughout the Archipelago. While the noble-hearted women of Spain and the Philippines had been engaged in charitable work for centuries among the poor, yet most of their work was done under the direction of the Church. With the advent of American women, a new era opened for the women of the Orient.’ They were to be trained to work independent of any direction except their own collective will and to be shown how women could improve the home, and thus the community, by the power of associated effort intelligently directed. The pioneer American women of Manila formed the first woman’s club along about 1911 under the encouraging direction of Mrs. Carrie Chapman Catt, that veteran worker among women’s clubs, who, thougn his own people, especially if he does so to serve his own political fortunes. “Americans and Filipinos are going to work together and pull together. My pur pose here is cooperation, and I know no such word as non-cooperation.” Free Circulation of Public Funds Governor Wood then said that the Phil ippine National Bank is going to be sup ported and that it is now in better condi tion than it ever was. The Bank’s troubles of the past, he declared, have been mainly due to “the free circulation of public funds among friends,” which form of circulation has been stopped and would continue ’co be stopped as long as he remained in the Islands. Regarding the publication of his message to the Legislature on the National Bank which had been kept from the public by the leaders of the Legislature, General Wood said that groups of legislators and individual members of the Legislature had come to him repeatedly for copies of the message and he had finally decided to pub lish it, as the worst reports about the Bank had already been spread and it could not be hurt by publication of the truth, to which the people were entitled. The Chief Executive hoped that the negotiations for the bonding of the sugar centrals would prove successful, that every body concerned would be satisfied and that Mr. Hardon and Mr. Walker would prove to have been the forerunners of other emissaries of capital to develop the im mense natural resources of the IslandsHe pointed out that Mindanao, with its vast resources, is as yet barely scratched and that other regions of the Islands await the quickening influences of capital and expert knowledge. The world’s needs of tropical products are constantly increas ing, he said, and the Islands can meet a large part of these needs. In conclusion, he said, “There are no dif ferences here, except those that foolish, thoughtless, heartless people try to make.” now engaged in a larger field, that of un iversal suffrage for women, still retains her interest in the club work in the Philip pines. Among some of the early members ot this woman’s club, we find the names of Mrs. Margaret G. Wrentmore, the staunch supporter of women’s club work in the Philippines for over a decade; Mrs. L. F. Goodale; Mrs. Thomas H. Barry; Miss Bessie Dwyer; Mrs. N. M. Saleeby; Mrs. O. M. Shuman, and many other women prominent at that time in Manila society, all of them women of character and in fluence. The early work of the club was along traditional lines, with of course the usual committees on charity and civic work of various kinds. The Great War struck the world dumb for awhile and activities usual to society were suspended or carried on in a half hearted manner. The work of women’s clubs was no ex ception, and during a period languished. August, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 11 Mrs. Maud N. Parker About 1915, however, the American women in the Philippines woke up to the need of meeting new responsibilities forced upon humanity by the world upheaval. The new note of service was sounded by the Manila Woman’s Club, a note never afterward lost but becoming louder and clearer as the war wore on and the United States shouldered its share of the burden. The first Woman’s Club, formed entirely of Filipino women, was formed in Pasig about this time and was the forerunner of the four hundred and more clubs in active service eight years Jater. The Manila club became especially active about 1916 and in conjunction with the Bureau of Agriculture took up the forma tion of women’s clubs in the provinces for the purposes of raising war time gardens in the patriotic work of helping to feed the world, the men of which were then principally concerned with man’s ancient and destructive game of war. The Bureau of Health had formed a number of clubs for the purpose of com batting infant mortality along in 1916, so with all entities working togther a large number of clubs were formed in many parts of the Archipelago. About 1917 the writer took up in earnest the formation of municipal women’s clubs in Pangasinan and for two years labored under great difficulties to carry the idea of women’s clubs to all the towns and barrios of the province, succeeding even beyond first hopes, and establishing the first provincial federation of municipal clubs as a type organization for all prov inces, and which later grew into the Na tional Federation of all women’s clubs in the Philippines. The work spread rapidly throughout the Islands until today there is hardly a town of any size or importance without an ac tive woman’s club. The pioneer work of the American women has been done, and last year the active direction of all club work was hand ed over to the able Filipino women, who have been apt and grateful pupils, work ing unselfishly with their American sisters in the great«task of making their country safer to live in, in every way. Today the intelligent club women of the Philippines stand side bv side with the progressive women of other countries as earnest co-workers in a world-wide move ment for interests vital to women, keeping ever before them that greatest of all mot toes, “For God and home and native land.” “SPOLIABIUM” PRINTS ON SALE The Bureau of Printing announces that the four-color reproduction of the famous nainting by Juan Luna, “The Spoliarium,” is for sale at 20 centavos per copy, with five centavos extra for mailing. Payment must be made in coin or money order. Making Lumber Out of Sugar Cane Pulp A million dollars a year for a former waste product is the achievement to date of the Louisiana Celotex Company, an in dustry which in October, 1921, began the manufacture of an extraordinarily service able building material from bagasse, or crushed cane stalks, a refuse of the sugar mills of Louisiana, writes Albert Phenis in the Manufacturers Record. The plant is located on what is known as the Ames Industrial Sites, on the west bank of the Mississippi river, opposite New Orleans, a tract being developed for fac tories by the Ames Farm Land Co., Inc., of which Meyer Eiseman, for many years prominent in New Orleans real estate ac tivities, is the head and the directing spirit. Favorable transportation facilities by rail and water for the finished product; depend able labor supply; low cost of site on the river front and proximity to a great com mercial and financial center were the con trolling factors in the location at this point, overcoming whatever advantages might exist for a location in the center of the sugar belt. The raw material is baled at the sugar mills, and at present a large part is obtained' from Terrebonne parish, of which Houma is the shipping point and where it has accumulated in an almost mountain high stack, awaiting shipment. So successful has the enterprise been from the beginning that additional machin ery is being installed that will more than double the present capacity. At present the plant is turning out 80,000 square feet of half-inch board a day. The added fa cilities will give a capacity of 180,000 square feet a day. The plant runs with day and night shifts,-and is thus in “continuous performance” all the time. The process of converting bagasse into building lumber was worked out by the Dahlbergs of Minnesota, and their asso ciates — paper workers, lumber men and chemists—and much experimentation was done with rice straw and other materials before the present success with bagasse was secured. In principle, the bagasse is fed into a cooker, where it is combined with chemicals and a small amount of old news papers, and as a pulp it is fed into rolls 12 feet wide, then carried on rollers over a runway 900 feet long and heated to 300 degrees. At the end it comes out an ab solutely dry board, sawed in lengths of 8 feet, 4 feet wide, ready for shipment. The process has been patented all over the world, and arrangements are being made to erect plants in Cuba and Aus tralia. It is calculated that of the world’s annual output of 29,100,000 tons of bag asse, Cuba supplies 10,000.000. Austra lia’s annual output is 550,000, as against Louisiana’s 800,000 tons. In Australia, however, there is little or no merchantable timber grown, and it is figured that Celotex will become the universal building material for that island continent. Even in the States Celotex is finding an astonishingly wide range of uses. As an insulator it is said to rank about on a par with pure cork, and to have much greater strength. For sheathing, a strength test is recorded as having shown that it had been’displaced less than half an inch under a load pressure of 2G00 pounds, whereas ordinary board sheathing had become 5.54 inches out of plumb at a load pressure of 1600 pounds. Strength and insulation, it is declared, are thus combined as in no other building material in use. As insulat ing lumber it keeps out the cold in winter and the heat in summer. Although strong and durable, it is light in weight, weighing approximately 600 pounds per thousand square feet. As a result of tests it is de clared to be practically impervious to water, and the claim is made that it can be made fireproof. It may be used as building lum ber, just as it comes from the mill. The office building of the company at the plant is of Celotex inside and out. Used as sheathing, it may be finished with siding or stucco. Inside walls may be plastered or simply painted or papered. It is prac tically sound proof, and is used for par titions, closets, booths, cabinets, cupboards, finishing of attics, etc., and even for re frigerators and fireless cookers. On account of its strength, durability and lightness, it is coming into use for boxes. A St. Louis house, which had been using one inch board for boxes in the ship ment of its fragile product, now uses Celo tex board, at a reported saving in freight of $800 a car. All its export shipments are made in Celotex boxes, which go to all parts of the world. Two Chicago houses have let contracts for 14,400,000 square feet of Celotex for boxes, to replace the wooden boxes now being used by them. With the installation of new machinery, it is proposed to devote one unit to the ex clusive manufacture of box material. So rapid has been the growth of the in dustry and so great the demand from the beginning, that there has been difficulty in keeping up the supply. No advertising has as yet been undertaken, as the need of it has not been felt. The general public is not at all aware of the nature of Celo tex, and very few have ever heard the name. It would seem, then, that an almost illimitable vista opens up before this new southern industry, when an adequate ad vertising campaign shall have been decid ed upon and put under way. Within six months from the beginning of operations,' the sales amounted to $1,000,000 a year, and with the new unit installed, they will considerably double this figure. The officers of the organization are B. G. Dahlburg, president, and T. G. Dahlberg, assistant to the president, Minneapolis and New Orleans; James W. Black, vice pres ident, St. Louis; C. G. Muench, vice pres ident, New Orleans; T. B. Munroe, vice president, New Orleans; C. T. Dahlberg, secretary and treasurer, New Orleans. The Louisiana Celotex Co. has an authorized ca pital of $2,500,000, of which $800,000 has been paid in. Associated companies are Dahlberg & Co., Inc., a holding company, it being the intention to organize separate manufacturing companies for Cuba, Aus tralia, and other countries where plants may be established; the Celotex Products Co., the selling company, and the Louisiana Celotex Co., the manufacturing company in the United States. SHOE REPAIRS (SAME DAY ORWHILEYOU WAIT) Heels_____________ Half Soles______ Full Soles -.......... Cuban Heel (ComCuban Heel Top Shoes called for MEN WOMEN CHILDREN P 1.00 F 1.00 Pl.00 2.00 1.80 1.00 3.00 2.80 2.00 2.00 .50 and delivered in Manila without extra charge. Prompt attention to Parcel Post orders. Best materials, skilled workmanship and sat isfactory service guaranteed. PHILIPPINE SHOE M4NUF4CTURING COMPANY 12 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 j CHAMMRwfCOMMERCE, 1---------JOWAl----EDITORIAL OFFICES American Chamber of Commerce 14 CALLE PINPIN P. 0. Box 1675 Telephone 1156 THE AMERICAN CHAMBER OF COMMERCE OF THE PHILIPPINE ISLANDS should not be confused with other organizations bearing similar names such as the Philippine-American Chamber of Com merce, the Philippine Chamber of Commerce and the Manila Chamber of Commerce. As the official publication of the American Chamber of Com merce of the Philippine Islands, this Journal carries authoritative notices and articles in regard to the activities of the Chamber, its Board of Directors, Sections and Committees. The editorials are approved by the Board of Directors and, when so indicated, other Giticics arc occasionally submitted to the Board for approval. In all other respects the Chamber is >-.ot responsible for the ideas and op'niuHs to which expression is given Vol. III. SEPTEMBER, 1923 No. 9 A MALICIOUS RUMOR A report that the American community of the Philippines, the American Chamber cf Commerce in particular, is raising or has raised a 1^50,000 fund to support the campaign of one of the candidates in the special senatorial campaign now in progress has1 been spread by a certain portion of the native press. One weekly publication pictured the American Chamber of Commerce as a huge cow being milked from a t*50,000 supply of liquid sus tenance. This report is untrue and unfair. There is not the slightest basis for it. The American Chamber of Commerce of the Phil ippine Islands is not a political organization and its members have absolutely no partisan interest in local politics. Both candidates are men who have enjoyed the respect and friendship of many Americans and it is hoped by the Chamber that either one, when elected, will work fcr the best interests cf all elemnts of the Phil ippine community. THE FEDERAL INCOME TAX That the United States Treasury is determined upon collecting federal income taxes from American firms and individuals in the Philippines is the gist of cabled advices received by this Chamber and newspapers in Manila during the past month. If reports are to be believed, an attempt will be made to collect back taxes to 1918 and also penalties which have accrued for non-payment. Americans in the Philippines have always believed that the im position of a federal income tax on local residents is unfair and discriminative. Foreigners who do business in the Islands are not compelled to pay this tax. Since the federal tax is considerably higher than the local income tax, these foreigners enjoy an indu bitable advantage over Americans doing business here. Ever since the organization of this Chamber in 1920 it has been fighting this discriminative procedure. A special representative in Washington has been employed to present the case in its true aspects to Congress and others in authority, but apparently to no avail. It begins to look as though the American community in the Philippines receives no consideration at home and that the interests of American business abroad are left to shift for them selves. In days of old the Roman citizen abroad could say with pride that he was a Reman, certain that the mere announcement of this fact would win for him respect and consideration, for behind every Roman stood the full power and influence of proud, im perial Rome. Today the American businessman in the Philippines not only must put up with difficulties and handicaps due to an unaccustomed and strange environment and peculiar local con ditions, but is saddled with an added handicap by his own home government in his efforts to further American business and in fluence in competition with the world- An anomalous condition, to say the least, and one not calculated to stimulate foreign trade. Should the federal Government actually put into effect its col lection of the federal income taxes, many American firms and individuals in the Islands would face utter ruin. The last three years have been disastrous, ones for Philippine business. What little profits were made during the years 1918 and 1919 have been lost in the depression which followed. Many houses have had to go into debt in order to keep their heads above water. It would be utterly impossible for most firms to meet the federal income tax payments, back payments and penalties. To make only par tial payment they would have to sacrifice all their assets. In view of this situation it is most surprising to learn that at this late date the Treasury Bureau is contemplating a rigid en forcement of technicalities of law that have been disregarded for a number of years. It has been evident for many years that the provisions of the federal tariff or internal revenue acts pertain ing to the income tax collections in the Philippines were carelessly and often ambiguously drawn up. There are instances where con tradictions exist in the very same act. Hence it is plain that those who drew up these laws were not intimately conversant with conditions in the Islands nor with the local requirements of the situation. It is probably for this reason that the Govern ment has all these years refrained from putting the letter of the law into effect as regards the collection of federal income taxes in the Philippines. What suddenly induced tho federal authorities to stretch an acquisitive arm to the Philippines is a moot question. Whether or not it was the machinations of Washington lawyers interested in collecting big fees or the lightening of work in the internal revenue office, as has been intimated in one dispatch, the fact remains that American business in the Philippines is, without warning, menaced by one cf the greatest handicaps that ever befell it. It is difficult to conceive of the Government deliberately committing such an unfair, inconsiderate and destructive act. And the worst phase of the case is this: Even the most rigorous enforcement of the federal income tax law in the Philippines will not yield the results expected, for the simple reason that those to be taxed have nothing l£ft wherewith to meet their assessments. All that the Government could probably accomplish would be to practically ruin American business in the Islands and collect barely enough money to pay for the cost of collection. PHILIPPINE SUGAR POSSIBILITIES At a recent noonday meeting of this Chamber, the gentlemen from the United States who are negotiating a $10,000,000 loan in the form cf a bond issue in favor of the Philippine National Bank centrals drew a most gratifying picture of the splendid progress made by the Cuban sugar industry under American auspices. They also expressed great faith in a similar future for the Philippine sugar industry. As Mr. Walker pointed out, the modern Cuban industry is only about as old as that of the Philippines. Due to its geograph ical proximity to the American mainland, however, Cuba has enjoyed more direct connection with American financial interests, September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 13 which have played a leading part in its development. Also, we learned, Cuba has intensively developed its crops, so that despite higher labor costs it can produce sugar in competition with other countries where labor is much cheaper. The main adverse factor in the Philippine sugar industry is the long haul from the principal consuming markets, but this is offset by the preferential tariff arrangement, by which Phil ippine sugar enters the United States free while Cuba must pay a duty of 1 3/4 cents a pound. Without this favorable differ ential, the local sugar industry could hardly be expected to pro gress. With an area of 115,000,000 square miles and a population of about 12,000,000, the Philippines produce about 300,000 tons of sugar a year, while Cuba, with only one-third of our area and one-fourth of our population, produces an annual crop of between 3,500,000 and 4,000,000 tons. Of course, a smaller proportion of our area than is the case in Cuba is suitable for sugar produc tion, but assuming that only one-fifth of our total area can b? put into sugar we should be able to produce as much as Cuba. It is therefore not to be wondered at that the American in vestigators are very optimistic about the Philippine sugar out look. If they can come to an agreement with the planters con cerned, the Philippine sugar industry will doubtless go ahead by leaps and bounds and surpass all others in the Islands in point of importance. Probably the biggest drawback in the negotiations is-the lack of a definite national policy with respect to the Philippines, a poncy that will insure a satisfactory political status and give capital the protection it must have if it is to operate here for any lengthy period of time. The formulation and institution of such a policy is up to the national administration in Washington. Should such a policy be cnee adopted, not only will the sugar in dustry receive a tremendous impetus, but American capital will flow in large quantities to the Islands to assist other industries as well, thus bringing undreamed-of prosperity and happiness to the people of the Islands as a whole. A COMMUNITY AFFAIR Plans are in process of realization for the staging of a brilliant comedy during the month of October for the benefit of the Chamber’s Relief Fund for Indigent Americans. This fund was started mere than two years ago with a memorable vaudeville performance at Lerma Park and a handsome sum was realized. The fund is nearly exhausted now and it becomes necessary to replenish it. In order to obtain the ^20,000 which has been set as the mark to be aimed at, the cooperation and support of the entire community are needed. Mr. Julian Wolfson is in charge of the production, of which there will be two performances, and he has called upon the Amer icans in Manila to render whatever assistance they can to make the affair a success. Contributions in the form of supplies, properties, costumes, services, etc., will bo appreciated, and those who are in a position to assist in any way are requested to com municate with Mr. Wolfson, telephone 70. There is pressing need for such a relief fund. During the past two years it has helped scores of Americans who otherwise would have suffered seriously because of the business depression. A special committee of the Chamber handles the fund and only un questionably worthy cases are being made its beneficiaries. ATTACKING MANILA CIGARS A serious campaign designed to restrict the Philippine cigar industry has been launched by the National Cigar Leaf Associa tion, which at its recent annual convention passed a resolution urging Congress to place a maximum limit on the number of cigars that can be imported into the United States from the Philippines free of duty. President Mendelsohn of the Association char acterized Manila cigars as a ‘ menace” to the American tobacco industry. Mr. Vicente Villamin, who of late has been writing some no table articles on Philippine economic phases, has come to the defense of the Manila cigar in the Tobacco Leaf and the Economic World He points out in the first place that the internal revenue collected by the United States on imported Manila cigars amounts to only 1 per cent of the revenue collected on domestic cigars. Hence it is plain that the Manila cigar cannot be a very serious menace to the American tobacco industry. At the same time nothing is said about the Porto Rican article as a “menace” when as a matter of fact American imports of Porto Rican cigars are more than double those of Philippine cigars. Mr. Villamin ascribes this animus against Philippine cigars to the fact that members of the N. C. L. A. have investments in Porto Rico or represent Porto Rican firms. Should Congress act favorably on the recommendation of the N. C. L. A. with respect to Philippine cigars, which is hardly likely, it would only be fair to impose some compensating restric tions or duties on American products entering the Philippines. Then we would have a merry internal tariff war which wouldn't do anybody any good and would raise a terrible hue and cry on both sides of the Pacific. The United States and the Philippines at present enjoy a reciprocal free trade arrangement that has work ed out very well so far and which should continue. In point of fact the Philippines are an integral part of the American territory and it is hardly conceivable that one portion of the public domain should impose restrictions upon another. Cooperation between the Islands and the homeland would seem to be the wiser, safer and more profitable plan. In this connec tion it might be stated that the Philippines alone could grow the huge amount of leaf tobacco imported annually into the United States, valued at about $50,000,000, if American capital interested in the tobacco industry will go there freely for investment. MANILA STREETS The streets of Manila are in a deplorable condition. Owners of automobiles have reason to complain of the obvious state of neglect of our thorughfares, which has as its direct effect an in crease in the upkeep of cars through enhanced depreciation and larger gas consumption. License fees have constantly increased in the past few years, but the people who pay these fees have had little or no compensation for the added expense. On the contrary, their operating costs have increased because of governmental backwardness in keeping the city’s streets in good repair. Of course, the late heavy rains have had a very deleterious effect upon street surfaces, but such damage should be immedia tely attended to. Besides, had the streets been properly kept up, weather conditions would not have affected them so greatly. In the past month or so a somewhat greater interest has been shown in Manila street repairs. It is hoped that this interest will be increased with commensurate material results. TOO MANY PERIODICALS While the Philippine public which reads daily newspapers is extremely limited and should be larger, the Islands are flooded with scores of periodical publications that serve absolutely no useful purpose and whose main object in life seems to be to prey upon the business public for advertising or serve some personal or private end. The dissemination of news and sound opinion on public questions is one of the big needs of the Islands but a large percentage of the publications that are constantly making their appearance serve neither of these ends. They are usually run by inexperienced and immature people who labor under the delusion that they are born editors. Solicitation for advertising from such papers is one of the banes of Manila business life. Would it not be advisable for the Amer ican Chamber of Commerce to name a committeee for classifying all publications, old and new, and placing those that do not come up to a certain standard in a class by themselves. Mer chants would thus be rendered a real service, as they would then be assisted in intelligently employing their advertising appropria tions and would also be saved much unnecessary waste of time and energy. 14 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 Consolidated Cars of Merchandise Machinery and Other Commodities are forwarded across the United States on dependable schedules connecting with steamers for MANILA, P. I. This service assures saving in time, in detail and expense. Less than car load shipments origi nating in territory east of the Missis sippi River when routed in our care move at car load rates plus our Nom inal Service Charge. Rates and particulars relating to this service or other traffic information with which Philippine merchants may be concerned in the Slates, will be cheerfully furnished upon inquiry to our General Office. TRANS-CONTINENTAL FREIGHT COMPANY F. L. Bateman, President W. L. Taylor: Sec. and Treas. K. H. Hinrichs, Export Manager Export and Domestic Freight Forwarders. General Office: 203 So. Dearborn St., Chicago Eastern Office: Woolworth Building, New York Boston Old South Bldg. Buffalo Ellicott Square Philadelphia Drexel Building Cincinnati Union Trust Bldg. Cleveland Hippodrome Bldg. Loa Angeles Van Nuys Bldg. San Francisco Monadnock Bldg. Seattle Alaska Bldg. Portland, Oro. 15th and Kearney Denver 1700 Fifteenth St Review of Business Conditions for August REVIEW or THE EXCHANGE MARKET By W. D. Whittemore Manager, International Banking We have again experienced very small fluctuations in the rate for gold dollars during the period since our last review. The selling rate for telegraphic transfers is quoted at the close at 1%% premiumExport paper has been scarce and any of ferings have been keenly competed for. Local sterling rates have been steadily rising. We opened with sellers at 2/1 11/16. Early in the month 2/1 7/8 was quoted. This rate remained unchanged until Aug. .20, when a further advance of 1/16 was noted. The market closes steady at 2Z1 15/16. Few bills were set tledSterling in New York, although report ed as having a steady undertone, declined since our last report the equivalent of about 1%, the highest quotation being 459 % and the lowest 455 %. At the close the tone of the market is called steady, and transactions for immediate delivery can be put through at 455% for telegraphic trans fers. Bar silver in London fluctuated within very narrow limits, the closing quotation being 30 15/16 for ready delivery and 30 13/1(5 for forward. This market, on the whole, has been ex ceedingly dull, and unless some more ac tivity in the produce market is shown we do not look for any decided change in rates. Nominal quotations for telegraphic trans fers on other points are: Paris ..................................... 840 Madrid ................................. 139 Singapore . . . .c................... 108% Yokohama ........................... 99% Hcngkong ........................... 106% Shanghai ............................. 70% India ..................................... 161 Java ...................................... 129 AUGUST SUGAR REVIEW By Welch, Fairchild & Co., Inc. Our last review was dated July 27. NEW YORK MARKET: The market for the period under review has shown a considerable decline, which came almost as unexpectedly as did the large advance in prices some months ago. Our last review closed with the quotation for Cubas at 5-3/16 cents, c. & f., for prompt shipment, but during the period under review, the price declined as low as 4 cents, c. & f. Also, refined sugar, which was quoted in our last review at 8.35 cents, declined as lew as, 7.50 cents. The principal factors leading to the de cline were apparently a continued disap pointing demand for refined sugar and, to some extent, political complications in Eu rope. However, today’s cable advices re port a much improved market, with sales of Cubas for prompt shipment at 4-3/8 cents, c. & f., and with refiners and opera tors continuing to be interested in further quantities at this price. A much better demand for refined is also reported and the latest quotation is 7-3/4 cents. Latest cable advices report the market firm with a ten dency to advance. During the period under review, sales of Philippine centrifugal sugars afloat were made at prices ranging from 5.71 cents to 6.35 cents, landed terms. LOCAL MARKET: There has been praccally nothing doing in the local market, and we quote nominally Centrifugals at 1*14.50 per picul and Muscovados 1*12.00 per picul, basis No. 1, ex-godown. The Philippine Sugar Association have prepared a preliminary estimate of the 1923-24 Centrifugal crop, their estimate being approximately 315,000 metric tons as against 226, 300 metric tons for last crop. We are informed that their estimate of the growing crop is conservative; it is to be hoped that weather conditions will be fav orable towards its being realized. The Islands have been visited by a succession of typhoons during the past few weeks and considerable damage to cane is reported in Pampanga, although in Negros conditions do not seem to have been so severe, and no extensive damage is reported. No estimate of the 1923-24 muscovado crop has yet been prepared, but it is be lieved that it will be between 30,000 and 35,000 metric tons. ORIENTAL MARKETS: The market for Philippine muscovado sugars in the Orient has remained stagnant, Japan con tinuing to show no interest in buying fur ther quantities at present. JAVA MARKET: This market also suf fered a severe decline during the past month, the decline being aggravated by spe culators getting into difficulties. However, latest reports show a decided improvement, which is being helped by India resuming the purchase of Javan sugars. Latest quo tations for Superiors are as follows: Sep tember delivery Gs. 14-1/4, October Gs. 14-1/2, November/December Gs. 14-3/4, all ex-warehouse. The lowest point touched by Superiors during the recent decline was Gs. 13., eX-warehouse, for prompt delivery. GENERAL: A few months ago, it was predicted that the coming Cuban crop might reach 4,200,000 tons, but an esti mate just received shows that this predic tion is not likely to be realized. Present prospects indicate that the crop will likely be 3,750,000 and 4,000,000 tons. It is reported that beet sowings in Eu rope for this year were 17% larger than last year. The estimate of the Czechoslovakia beet crop is placed at 950,000 tons. The estimate of the Javan crop now being harvested is 1,725,000 tons. Manila, August 28, 1923. REVIEW OF THE HEMP MARKET By J. C. Patty Secretary and Assistant Treasurer, Maelcod «& Company, Inc. Our last report was dated July 23, and this report covers the period from that date to August 27. U. S. GRADES: At last writing bus iness was done in Manila on basis of F 1*24.50, I 1*18.75 and- J 1*14.50. Since then the market has shown an almost continuous decline, falling slowly during the first two September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 15 or three weeks; but during the past ten days higher glades in particular have slumped with great rapidity, and business has been done at F Fl?.00, 1 **15.50, and J at 4*13 50. In the United States the Slump was even greater, and whereas at the beginning of the period under review New York was quoting F 11% cents, I 9 cents and J 7-5/16 cents, present quotations from New York are 8% cents for F, 7% cents for I and 7 cents for J, while some cables have indicated as lew as 7H cents for I and 6% cents for J. The reasons given for the slump vary, but it is due principally to the poor rope business in America. U. K. GRADES’ . At last writing prices for these in Manila were J 4*11.00, K 1’9.50, L <-'9.25 and M F8.75. Quotations in rhe U. K- were £30-10/ for K and L, and £26-10/ for M. During the period under discussion the U. K. market has also gone off slightly, business having been done as low as £29-10 for J, £25-10/ for K and L, and £24-10/ for M. There has been during the last few days a slight recovery and quotations in the U. K. are now £30-10/ for J, £26 for K and L, and £24-10/ for M, while in Manila prices range from '*’10.50 to Fl 1.00 for T, 4*8-50 to P8.75 for K, F8.25 to 4*8.50 for L, and 1*7.50 to 4*7.75 for M, depending upon the quality. The market in the U. K. is reported steady at present for low grades, but with higher grades de clining in sympathy with the American market for these grades. FREIGHT MARKET'. There has been some discussion by the Associated Steam ship Lines as to the advisability of reduc ing the freight on hemp from Manila to the Atlantic Coast from $2.50 per bale to $2.25; but we understand that it has been decided to leave this unchanged for the present. We give helow our usual ■ statistics: 1923 1922 Rales Rales Stocks on January 1.... 155,495 256,400 Receipts to August 27... 979,306 748,394 Stocks on August 27........ 164,553 203,385 Those San Juan Heights Pictures were taken by our Mr. Allen with a CIRCUIT PANORAM CAMERA This wonder camera will take a pic ture 6J4 inches wide by 6 ft. long, automatically revolving in a complete circle. Ideal for photographing man ufacturing plants, estates, etc. COME IN AND LET US TELL YOU ALL ABOUT IT DENNISTON, INC. 118 ESCOLTA Shipments 1923 To Aug- 27 Rales Destination U. K................................. 230,833 Continent of Europe.. 83,259 Atlantic U. S................. 293,259 U S. Via Pacific ........ 146,045 Japan ......... 170,930 Elsewhere & Local . . . 45,916 1922 To Aug.28 Rales 177,366 61,143 193,622 202,435 123,754 43,089 Total 970,248 801,409 COPRA AND ITS PRODUCTS By E. A. Seidenspinner Man&o'-r. Wilt its and Patterson, Ltd. Manila, Agust 29, 1923. The copra market strengthened steadily during the month of August and has regis tered an increase of 50 centavos per picul over last month’s closing figures in the local market. While production for August will be in excess of that for July, with a prob able total of 230,000 piculs, yet the increase has not been sufficient to offset the increas ed bying pressure. Undoubtedly production would have been considerably greater had weather conditions during the first half of August been as favorable as they are now. At this writing buyers are paying 4*9.25 per picul for fresh arrival corricHfe copra and The place to select your next Xmas Gift LIGHTING SHADES O R NAMENTAL and FIXTURES PANELS and SHIELDS, SCREENS CANDLE STICKS SHELL NOVELTIES ! EXPORTERS gf CRUDE SHELLS r FACTORY and SHOW-ROOM: ROSENBERG’S BLDG. 485 A. MABINI Phone 209 CABLE ADDRESS: SHELLCRAFT, MANILA Codes: BENTLEY PRIVATE 16 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 FIRE INSURANCE E. E. ELSER Atlas Assurance Co., Ltd. London Fire Insurance The Employers Liability Assurance Corporation, Ltd., London Firo, Plate Glass, Automo bile and Accident Insurance The Continental Insurance Co. New York Fire Insurance Information as to rates or other matters pertaining to Fire Insurance cheerfully furnished by E. E. ELSER Koeedler Building 224 Calle Carriedo P. O. Box Phone 129 Sable Address—'‘EDMIL,” Manila. PIO.50 to **10.75 for resecado, with pre mium lets going- slightly at higher than the latter figure. An analysis of bids in dicates that foreign markets during the month hove always been slightly under prof itable trading figures as compared with the local market. This demonstrates a lack of healthy demand in our judgment; conse quently we predict an easier market locally with the slightest reduction in buying pres sure. Total arrivals at Manila for August, 1923, will approximate 230,000 piculs as against approximately 300,000 for August, 1922. Latest quotations from U. S. and foreign markets follow: U. S. : 4-3/8 to 4-1/2 cents, c. i. f. San Francisco. London: £25-15-/ — Cebu sundried. COCONUT OIL The market for this product continued depressed and sluggish during the first half of the month, but became active during the last half in sympathy with the local copra market. This reaction was in our jugment due to the relatively small stocks of coconut oil in second-hands available for resale to small soapers. Large buyers seem to be well covered, and at this writing the market is easier, with tanks being offered at 7-3/4 cents, f. o. b. West Coast. Tallow continues weak and will act as a deterrent against a strengthening oil market. Latest advice fellow: U. S. : 7-3/4 cents, f. 0. b. tanks West Coast. London: £38-/-/. Total oil exports for the month will ap proximate 4,000 tons as against 9, 798 tons fcr August 1922. COPRA CAKE Wo have noted but few trades of this commodity during the past month, both U. S. and European markets displaying little interest. The month’s business has been done at from P30 to P32 per metric ton, ex-warehcuse. Foreign Quotations U. S. : $21.50 per ton of 2,000 lbs., c. i. f. West Coast ports London: £6-5-/. TOBACCO REVIEW By an Active Member H. R. ANDREAS MANILA, P. I. EXPORTER AND IMPORTER PHILIPPINE LUMBER AUSTRALIAN COAL BRICK SUGAR COPRA H. R. ANDREAS 306 MASONIC TEMPLE MANILA, P. I. P. O. BOX 1483 PHONE 269 Cable Address: "ANDREAS” Code: “Bentley’s—Private” Prices of tobacco of all descriptions are displaying an upward tendency as stocks are being depleted, especially tobacco suit able for cigar manufacture. The market for American sizes of cigars is still dull. Londres weighing 15 to 16 pounds are selling for $16 a thousand, which is below cost. Twenty-four to 25 pound Londres for the United States trade are selling for $20 to $21, which is also below cost. Some of the smaller factories arc quoting still lower prices, thus further demoralizing the market. The labor situation is normal, largely due to the restricted production consequent upon the low prices which has decreased the demand for tobacco labor. Beyond a few local strikes in small factories, no se rious labor disturbances have occurred in the tobacco trade during August. Local cigar manufacturers do not take seriously the proposal of the National Ci gar Leaf Association to limit the impor tation of Philippine’cigars into the United States. Since Philippine cigars constitute only about one per cent of American to bacco consumption, they cannot be consiSeptember, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 17 dered a “menace” to the American cigar trade, as has been claimed. The tobacco of the 1922 crcp now on the market io of fairly good quality, consider ably superior to the 1921 crop. Thb 1923 crop has not as yet appeared on the market. IRON AND STEEL REVIEW By John R. Wagner, Pacific Commercial Company Manila, August 29, 1923. Galvanized Iron Sheets: Stocks of plain sheets and also 8-foot corrugated sheets are low, arrivals being light. Extraordi nary rains have caused a stoppage of con sumption which has caused a slight sagging of prices. Stocks of corrugated sheets other than 8-foct are fair, considering the lack of demand. Arrivals during the month were not heavy, being fairly evenly divided be tween plain and corrugated. Nails: Stocks cf nails in the principal sizes from 1-1/2” to 3” are very short and high prices are ruling accordingly. Arri vals during the month were light, which has assisted in maintaining the prices. One or two sizes are, however, very long. Bars: Stocks of flats and rounds are very complets, but not much business has been done "because of extraordinary bad weather. Twisted, in the smaller sizes, is short. English and Belgian steel is offer ing in the market considerably lower than the American product, but mostly for fu ture arrivals. However, the spot situation cn bars is healthy. Barbed Wire: Aside from the dulness of business in this commodity caused by the typhoons, there have been some heavy ar rivals of barbed wire. For a time some weak holders were offering at very low figures. Thdre are already seme signs of improvement, provided no further heavy arrivals are forthcoming in the near future. THE RICE INDUSTRY By Percy A. Hill of Muiot. Nucva Ecija, Director, Dice l'rcduecrs' Associate The recent continued heavy rains in Pangasinan, Tarlac and the llocano pro vinces have damaged the rice crop, but ro exactly what extent is not fully known. However, while these regions have their periodical floods and droughts, they gen erally manage to harvest an average crop. The flood waters have in many districts drowned the fields that were planted early and those newly set out, but if enough extra seedlings are available, these of course can be replanted. A bumper crop, however, cannot be expected. Bulacan and Nueva Ecija did not suffer so much fpom the excessive flood waters, with the ■ xception of a few small districts, but enough water has been precipitated that if pro perly distributed would guarantee n good crop. So far the market has not responded to any such severe loss as that reported, and prices remain about the same. As a matter of fact, losses during the plant ing season are not so vital as those that take place when the crop is maturing, and it is not strange that the market should not respond to such scareheads as "mil lions of pesos of losses” from floods, rin derpests, locusts, worms, etc., because these are the regular handicaps that the rice industry falls heir to. Nearly f400,000 worth of rice was :msaying that your eyes, more cialized service. THE DAY OF SPECIALISTS THIS is the day of specialists. They keep up your car, make your clothes, build your home and run your business. It goes without anything else demand highly speYears of careful study of the eye and its needs together with the very latest optical equipment to examine and test your eyes are at your service in our offices. The best is none too good for your eyes. We can serve you there. MANILA. 90-94ESC0LTA P.I. MASONIC TEMPLE 18 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 ported during- June, which is close to the average monthly import value. The ap pearance of Siamese rice in the market is due to the fact that in addition to a record crop harvested by that country dur ing the last season, the crop of its Philip pine competitor—Indo-China—was very short owing to devastating floods at the time of harvesting. To the total amount of the Siamese crop was added to a large carry-over, the whole totalling about 23,000,000 piculs of rice. As an item show ing the barometer of prosperity, the value of this commodity exported more than balances all the total import values, and this export volume runs approximately two and a half millions of piculs per month during the main shipping season. Of this rice about 55% goes to Hongkong* and South China, 30% to the Malay States, 8% to Europe and the balance to Japan, Java and the Philippines. It is interesting to note that when the population of Japan was 35,000,000 the rice production was approximately 35,000,000 koku. Last year with a population of 70,000,000 the production was almost 70,000,000 koku, and this increase keeping pace with population was not due to any more lands being opened up but to con centration on the methods adopted to in crease the yield instead of the area, a method which the Philippines would do well to adopt. The total amount of rice exported from Indo-China from January 1 to June 18 was 701,059 tons, as against 571,587 tons for the same period in 1922, and it would seem that the demand is much more heavy in an off year than in one of good crops. We can expect little carry-over of rice in that country to aid the coming crop export volume. The price at present for Saigon No. 2, unsifted Manila quality, is $5.55 per picul, f. o. b. Cholon bodegas, for JulyAugust shipments. LUMBER REVIEW (June-July, 1923) Bv Arthur F. Fischer Director of Forestry. The general increase in production and sale of lumber noted during the early part of the year was maintained during June and July, in spite of the usual reduction noted during July, owing to the influence of the typhoon season which usually af fects production during July and August. Reports received from 15 companies for the month of July, 1923, show a total pro duction of 10,032,900 board feet as com pared with 10,432,700 board feet for June, 1923, and 7,736,600 board feet for July, 1922, for the same companies. Sales of lumber on the other hand, have continued to increase during July, as noted by a total of 11,299,100 board feet from the 15 mills reported as compared with 10.568.900 board feet during June, 1923, and 7,584,300 board feet during July, 1922, while lumber in stock has been reduced from 17,796,200 beard feet in July, 1922, and 15,207,200 board feet in June, 1923, to 14.756.900 board feet in July, 1923. The totals for June, 1923, of all 21 com panies reporting regularly show sales of 11,546,400 board feet, production of 11,900 board feet and stocks of 17,565,000 board feet, so that with the increase noted in sales for the mills already reported for July) the totals for all mills for this month will amount to approximately 12,200,000 board feet sold, 11,000,000 board feet produced and some 16,000,000 board feet in stock. WELCH, FAIRCHILD & CO., INC. SUGAR FACTORS AND EXPORTERS MANILA, P. I. Cable Address: WEHALD, Standard Codes Agents Ilawaiian-Philippinc Company Operating Sugar Central Siluy, Occ. Negros, I’. I. .Mindoro Sugar Company Sail .!<>*(-, Mindoro, P. I, Maison Navigation Company New York Agents: Welch. Fairchild & Co., Inc. 138 Front Street San Francisco Agents: Welch & Co. 2-1-1 Californio Street Columbia Pacific Shipping Co. Portland THE YOKOHAMA SPECIE BANK, LTD. (ESTABLISHED 188 0) HEAD OFFICE: YOKOHAMA, JAPAN YEN CAPITAL (PAID UP) ................... 100,000,000 RESERVE FUND .................................... 65,000,000 UNDIVIDED PROFITS ......................... 4,900,000 MANILA BRANCH 31 PLAZA CERVANTES, MANILA T. I SOBE MANAGER PHONE 1759—MANAGER PHONE 1758—GENERAL OFFICE September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 19 Coincident with the general improvement in sales and production, is noted a marked increase in the volume of exports of both lumber and manufactured wooden products. Lumber exports from January to June, 1923, amount to 13,017,600 board feet va lued at 1*1,135,990 as compared with 6,046, 200 board feet valued at 1*539,692 from January to June, 1922, while exports of manufactures of woed show a corresponding increase in value from 1*111,786 for the first 6 months of 1922 to 1*242,189 for 1923. REAL ESTATE By P. D. Carman, San Juan Heights Addition. AUTO TRUCKING CO. PHONE 2345 FURNITURE MOVED CONTRACT HAULING BAGGAGE TRANSFERRED DUMP TRUCKS FOR HIRE H. CARSON, Proprietor. 955 cAZCARRAGA Sales, City of Manila Santa Cruz ............ Quiapo ..................... Paco .......................... Tondo ....................... Binondo ................... Malate ...................... Sampaloc ................ Santa Ana ............ Ermita ..................... San Nicolas .......... San Miguel ............ Intramuros ............ Pandacan ................. Sta. Mesa .............. 'une 21, to July 21, to July 20 Aug. 25 1*231,165 84,074 1*175,525 33,572 3,999 52,780 75,657 22,500 10,000 61,576 70,350 77,481 36,137 1,240 2,016 8,471 49,511 111,000 43,568 7,000 3,000 27,000 27,000 360 7,000 INSULAR LUMBER COMPANY MANUFACTURERS AND EXPORTERS PHILIPPINE CABINED WOODS January February March .. April May ... June .. . . July ... . August . 1*717,959 1*504,123 '1*570,486 1,151,309 778,153 729,829 1,381,465 1,027,668 717,859 504,123 The past thirty days in real estate have been the dullest this year. Heavy and al most continuous rains, such as have re cently fallen, naturally have a decidedly retarding effect on sales. Even if proper ties show up well during flood conditions, it is. difficult to get prospective buyers out in the rain to inspect offerings. Frank Moffett Electrical Contractor ELECTRICAL SUPPLIES Light and Power Instal lations and Electrical Re pairs a specialty. 0 550 Avenida Rizal Tel. 559 ^Manila, P. I. UNNUAL CAPACITY 36,000,000 FEET TANGUILI RED LAUAN ALMON and APITONG LUMBER c7VIANILA, P. I. FABRICA, P. I. 20 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 SHIPPING NOTES U. S. SHIPPING REVIEW By A. G. Henderson, Special lleprestntalive. Chicago, July 22.—Since our last writ ing1 there are no further developments to report in regard to the direct operation by the Government of ;he Shipping Board freighters. By the end of August it is expected that the result of the bid of the Dollar interests for the whole of the Paci fic fleet will be known, and in the mean time, pending the outcome, no steps will be taken toward direct operation of this fleet. However, it is known that as all bids for both Atlantic and Gulf services were rejected by the Board, plans are about t; be announced for direct Government opera tion in these trades. The Board’s traffic offices in the East and Middle West are to be staffed on a par with those of .•ompcting foreign lines, and it is understood that several of the present operators are to be merged with these new offices. Al though the -Board has announced that sus pension of any of the services is not con templated, shippers have noticably reduced their offerings during this period of inAnnounccment has been made by the International Mercantile Marine lines of the reopening of their Atlantic-Pacific ser vices with the first sailing October 12 from New Ycrk for San Francisco. Fortnightly sailings will be maintained by the pas senger steamers Krotntland, Finland and Manchuria, and in addition three freight ers will also be placed on the run. Tim? of passage will he 21 days, against 34 days as at present. The Admiral Line have been appointed Pacific Coast agents. Effective July 27, the overland rail rat? on cigars will be reduced from $5.00 t) $2.75 per hundred pounds to group 1 and G po:nts. Colorado. Missouri, Iowa, Min nesota, Michigan, Wisconsin, Illinois and Indiana are the main states coming within these groups. The Great Northern Railway Company announce their re-entry into the Oriental field. About Sept. 1 offices will be opened in Yokohama and Shanghai, and later on it is expected that an agency will be es tablished in Manila. A. G- Henderson, for mer manager for the Orient of the Water house Steamship Lines, with headquarters in Manila, and for the past year Chicago manager of the Admiral Line, has been appointed by the Great Northern as their General Agent for the Orient and is sail ing from Seattle August 18 ta assume his new duties. SHIPPING REVIEW J. T. Kinney, Manila Agent, Struthe-rs and Barry Continued heavy rains during the month of August practically paralyzed shipping, it being almost an impossibility to load or unload steamers; consequently, sailings have been very much delayed. Two steamers will call at Davao Gulf during the last week of August and the first week of September to Lad direct shipNORTH AMERICAN LINE HONGKONG TO SAN FRANCISCO ‘'Siberia Maru" Sept. 15 Sept. 18 Oct. 14 ‘‘Tenyo Maru” Oct. 25 Oct, 29 Nov. 22 MANILA TO SAN FRANCISCO (Via Kcelung and Shanghai) "Taiyo Maru” ‘‘Korea Maru’’ “Shinyo Mani” Sept. 29 Oct. 3 Oct. 27 Nov. 4 Nov. 9 Dec. 3 Nov. 19 Nov. 23 Dec. 17 First class tickets Interchangeable at &U ports of call with Pacific Mail, Canadian Pacific and Admiral Lines. SOUTH AMERICAN LINE Anyo Maru” Oct. 20 Nov. 3 .Tan. ’ Toyo Kisen Kaisha Chaco Bldg. Phone 2075 September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 21 ments of hemp—the H'c.sf Momentum, U. S. S. B. freighter operated by the Columbia Pacific Steamship Company, Welch, Fairchield and Company, local agents, and the Steel TraeelUr, of the Isthmian Line Unit ed States Steel Products Company), Maclecd and Company, local agents. W. B. Keene, formerly Director of Traf fic for the United States Shipping Board Emergency Fleet Corporation at Washing ton, has been made Vice President of the Corporation. F. G. Frieser, who has been special assistant to the Vice President cn traffic matters, has been appointed Traffic Manager for the Emergency Fleet Corpo ration. Freight offerings for the month of Au gust continue to be very light, particularly to the Atlantic and Pacific coasts, while those for Europe are improving and offer ings for Japan may be considered as very good. ______ Bradley Fairchild, manager of the ship ping department of Welch, Fairchild and Company, is now convalescing after a se vere attack cf typhoid fever. He expects to be back at his desk in another 30 days. During his absence the shipping depart ment is being very capably handled by S. Jamieson. According to recent advices, the United States Shipping Board plans to keep a fleet of 550 to 700 ships. While the Ship ping Beard has not yet outlined its new policy, the survey of the idle fleet has been completed and the basis has been laid for future disposition of the ships. It is learn ed from various sources that the Board in carrying out its plans cf direct operation will keep in service 350 to 400 vessels and will recondition others and maintain a re serve of 200 to 300. The remaining boats will be sold as scrap in the United States or to whatever purchasers can be found abread. It has been rumored that Jacquis Pierot, President of the International Maritime Mortgage Bank of Rotterdam, has made a tentative offer to the Shinping Board to purchase the Government’s surplus for scrapping. Beth the American Steamship Owners’ Association and the United States Ship Operators’ Association arc drafting pro tests to the Shipping Board against direct Government eperation of ships and suggest ing the continued use cf private steamship companies in Government routes, either through a new form >f agency agreement or through charters. The Compagni? Des Messagerics have announced that it has been definitely de cided to make Manila a pert of call for their European cargo steamers, and they will give a monthly service. They also an nounce that possibly at a later date nassenger vessels will make Manila a port of call for European runs. The first of their steamers to call here will be the Commisy<t:r Pierre Lecocq, accepting cargo for Algiers, La Havre, Antwerp and Dunkirk. The Eelba-ck, United States Shipping Beard steamer mentioned in our last issue, averaged for discharge 8,400 case of ke rosene net- day wh’le discharging at Tabaco. This is equally as good as steamers get in the nert of Manila and is another factor in direct outport loading and dis charging, which means considerable saving to importers and exporters. “DOLLAR LINE” REGULAR SERVICE Boston and New York via Suez San Francisco, Seattle and Vancouver THE ROBERT DOLLAR CO. 406 Chaco Building Telephone 2094 22 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September. 1923 WITH THE BOARD OF DIRECTORS Tuesday, July 31, 1923. Present: Directors Elser, Russell, Heath, Reis, Green, Feldstein, Rosenstock. Resignation of Associate Member Walter Q. Wilgus was accepted. The resolution unanimously adopted at the meeting of .Active and Associate mem bers of Wednesday, July 25, “that the question of a statutory limitation of tax collections be referred to the Legislative committee." was approved and ordered for warded to that committee. Owing to the absence of Associate Mem ber Frank W. Carpenter from the Islands, payment of his dues was suspended. Wednesday, August 8, was set as the date for an address bv Resident Commis sioner Pedro Guevara. Correspondence from A. G. Henderson, Chicago representative of the Chamber, re questing suitable copy and photographs for Shipping Beard advertising, was read and the Secretary was authorized to forward this material. A resolution was adopted thanking Mr. Henderson for his work in behalf of the Chamber toward securing special advertising of the Philippines by the Shipping Board. Tuesday. August 7, 192.}. Present: Directors Elser, Green, Heath, Pond, Reis, Rosenstock. Application of Francis J. Cooper for As sociate membership was approved. Cables sent by the Acting President to Mrs. Harding and the Secretary of War in connection with the President’s ilines and death were approved and ordered spread upon the minutes. (The text of the cables appear in another part of this issue of the Journal). The quarters of the Chamber were placed at the disposal of the Veterans of the Fo reign Wars on Occupation Day, August 13unless this interfered with the plans of the Spanish War Veterans, who had previously been granted a similar privilege. Lease of certain rooms in the Chamber building to the Insurance Club and the granting of the privileges of the bar and restaurant to the members of that club, was approved. Details were left in the hands of Director Green. In reply to an offer of space in the Car nival Handbook for 1921, the Board thank ed the Carnival Association but regretted not to be able to advertise in the publica tion as the Chamber docs no advertising of any sort. Tuesday, August U, 1923. Present: Directors Elser. Feldstein, Green, Heath, Russell. Application of E. W. Kopke for Associate membership was approved. The Secretary was instructed to make a courteous reply to a letter from Resident Commissioner Guevara to F. E. Cochran which the latter had transmitted to the Directors. A communication from the Governor Gen eral’s office stating that a bill has been prepared by the Attorney General trans ferring the office of sheriff from provin cial governors to provincial commanders of Constabulary (instead of to provincial treas urers, as requested by the Chamber) was read and ordered filed. It was the concen sus of opinion that the proposed law will prove satisfactory. Full privileges of Associate membership without payment of dues were extended to Prof. Ebenezer Cook, a civil war veteran. Tuesday, August, 21. 1923. No meeting, quorum lacking. Tuesday, August 28, 1923. Present: Directors Elser, Feldstein, Pond, Rosenstock, Russell. A credit of 1*1,000 was voted Mr. Julian Wolfson for preliminary expenses connected with the staging of a play for the benefit of the American Relief fund, the money to be returned to the Chamber out of the pro ceeds of the performance. The resolution passed by the Active and Associate members on August 22 calling for the appointment of a committee to draft a petition to the Governor General for assistance in obtaining relief from the federal income tax, was approved. The Act ing President appointed F. C. Fisher, Leo K. Cotterman and S. Feldstein as members of this committee. Communications from the Spanish War Veterans and the United States Spanish War Veterans thanking the Chamber for the proferred use of the Chamber’s prem ises on Occupation Day, were read and ordered acknowledged. o1 9J QUALITY CHARACTER MILDNESS r / The trade wants it / Because it sells. SSl The smoker wants it because: Bi®® i|g| It is mild lliR| It is aromatic ZTM It is uniform in quality 1 he ESPECIALES EXPENDIO’’Cigar MADE BY TABACALERA CIGAR STORE LA FLOR DE LA ISABELA FACTORY MIRA 'ASent MANILA £— ________________________ ___________ =--- . =r----September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 23 II. F. I IF ACOCK (X)MPANY IT IS A CAPITAL T Connell Bros- Co. IMPORTERS “CARBA" CODES: BENTLEY’S Specialists in Cigar Labels, Bands, Trimmings, Posters, Maps, Labels for Canned Goods, Perfumes, Dry Goods, etc. Carmelo & Bauermann, Inc. Lithographic Co., Manila, P. I. 24 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 UP THE ZIGZAG TO BAGUIO AND THE HOTEL PINES Where you can enjoy the best of everything. Strawberries, Fresh Vegetables served daily. Delightful cool and invigorating air-Golfing, Tennis, Horse back Riding, Wonderful moun tain hikes. For Reservation Apply to the Following: ST. ANTHONY HOTEL, LUNETA HOTEL, AMERICAN EXPRESS CO. OR HOTEL PINES BAGUIO, P. I. Atlantic Gulf & Pacific Company OF MANILA CONTRACTORS ENGINEERS MANUFACTURERS Derrick Service, Launch Service, Tank Lighter Service, Ballast, Etc. MANILA, P. I. September, 1923 THE AMERICAN CHAMBER OE COMMERCE JOURNAL 25 NEW INCORPORATIONS July, August, 1923 CEBU TELEPHONE AND TELE GRAPH COMPANY, Iloilo; capital stock 1*500,000, suscribed F200,000, paid up 1*96,000. Directors: Theodore Vail, George J. Petty, Alva J. Hill, Celestino Rodriguez, L. G. Thomas, J. E. H. Stevenot (treas urer), Lauriano Atotubo. ISABELA MASONIC TEMPLE ASSO CIATION, INCORPORATED, Ilagan, Isa bela; capital stock 1*30,000, subscribed 1'10,200, paid up 1*4,180. Directors: Ra mon Valdes Pica, Fortunato M. Bulan, Vi cente Kancy, Alfonso Azurin, Estanislao A. de Soto, Francisco Medina, Benito L. Sales. Treasurer: Moises LI. Cruz SAN FERNANDO ELECTRIC LIGHT COMPANY, INC., San Fernando, Pampanga; capital stock 1*5,000, subscribed 1*1,000, paid up 1*250. Directors: Sotero Baluyot, Godofrcdo Rodriguez, Serafin Lazatin (treasurer), Felix B. Bautista, Pedro Abad Santos, Luis W. Dizon, Jose Gutierrez, Da vid A. Eusebio, Amado L. Santos, Jose M. Valencia, Isidoro Makabali. MANILA FRUIT COMPANY, INC., Ma nila; fcod products; capital stock 1*10,000, subscribed and paid up 1*5,500. Directors: W. H. Ocker, F. A. Whitney (treasurer), A. S. Cruz, M. Mataningco, Jose Belar mino. HIBILA TRADING CORPORATION, INC., Hinigaran, Occidental Negros; capi tal stock 1*100,000, subscribed and paid up 1*50,000. Directors: Felix W. Labayen, Ma tias Granada, Aquilino Gianzon, Agustin Coruna, Jose Yulo Regalado, Segundo Moi)teblanco, Maximo P. Gonzales (treasurer). NATIONAL COMMERCIAL COMPA NY, Manila; capital stock 1*30,000, subs cribed 1*8,400, paid up 1*2,100. Directors: Alberto V. Garcia, Fernando Villareal, Francisco Villarin, S. Concepcion Nava, Jose M. Lindaya (treasurer), Florencio Basconcillo, Manuel Olmedo. THE PHILIPPINE TAILORING SUP PLY AND COMMERCIAL COMPANY, INC., Room 4, Lack and Davis Bldg., MaSECURE YOUR BANK CREDITS ---- ---------by - - — - LIFE INSURANCE POLICY IN THE WEST COAST LIFE INSURANCE CO. It will facilitate busi ness, and protect both your bankers and yourJ. NORTHCOTT Co., Inc. GENERAL AGENTS MANILA nila; capital stock 1*50,000, subscribed 1*20,600, paid up 1*5,150. Directors: Antonio S. Ramos (treasurer), Jose Villamor, Vic torio Lara, Jacinto Liwanag, Juan Pili. PHILIPPINE ASSOCIATED EMPLOY EES, INC., Manila; mutual benefit and social organization; no capital stock. Di rectors: Espiridion Gupilan, Fred Charles Stelton, Raymundo Silos, Miss Cleotilde M. Chacon, Jose P. Buensuceso, Enrique Elzingre, Dr. Jose Santillqn, Victorino Fuen tes. ■SSSaB RAILWAY MATERIAL Rails Steel Ties Portable Track Dump Cars EVERYTHING IN THE RAILWAY LINE STOCK AT MANILA and ILOILO Koppel Industrial Car and Equipment Co. MANILA: 90 Juan Luna ILOILO: Muelle Loney FATIMA 20 TURKISH 20 for CIGARETTES for 30 cents Camcron & Cameron Co. 30 cents RICHMOND VA. LIGGETT & MYERS TOBACCO CO. ^Messrs. BLOM C8, VAN EER AA (Head Office: Amsterdam) HAVE BEEN APPOINTED GENERAL AGENTS IN THE PHILIPPINES FOR THE PRUDENTIAL ASSURANCE CO., Ltd. (Est. 1848) THE CALEDONIAN INSURANCE COMPANY. (Est. 1805) and are prepared to underwrite FIRE INSURANCE throughout the Phil ippine Islands, and MARINE INSURANCE to all parts of the World. Branches, Agents and Correspondents in all important Cities throughout the World. Tel. 1639 MANILA BRANCH OFFICE 129 Juan Luna eA. S. GUTTRIDGE, ^Manager CAGAYAN ELECTRIC POWER AND LIGHT COMPANY, INC., Cagayan, Misamis; capital stock 1*30,000, subscribed 1*17,200, paid up f 6,700. Directors: Ramon Chaves (treasurer), Dicnisio Jakosalem, Nemesio Chaves, Manuel Roa, Jesus R. Roa. PHILIPPINE MOTORS CORPORA TION, Manila; capital stock 1*25,000, sub scribed and paid up 1*5,000. Directors: Erie Barclay, John Mears (treasurer), A. F. Kelly, C. D. McIntosh, N. E. Mullen. Locomotives Buda Hand and Motor Cars Switches Cane Cars 26 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 INTERNATIONAL BANKING CORPORATION CAPITAL (Paid in cash) AND SURPLUS U. S. $10,000,000 UNDIVIDED PROFITS U. S.....................................$ 5,450,000 (Owned by The National City Bank of New York) HEAD OFFICE: 60 WALL ST., NEW YORK London Office: 36 Bishopsgate, E. C. Lyons Office: 27 Place Tolozan San Francisco Office: 232 Montgomery St. BRANCHES: CHINA: Canton, Dairen, Hankow, Harbin, Hongkong, Peking, Shanghai, Tientsin DOMINICAN REPUBLIC: Barahona, Puer to Plata, San Pedro de Macoris, Sanchez, Santiago, Santo Domingo, San Francisco de Macoris, La Vega. FRANCE: Lyons INDIA: Bombay, Calcutta, Rangoon JAPAN: Kobe, Tokyo, Yokohama JAVA: Batavia, Sourabaya PANAMA: Colon, Panama PHILIPPINE ISLANDS: Cebu, Manila SPAIN: Barcelona, Madrid STRAITS SETTLEMENTS: Singapore BRANCHES OF THE NATIONAL CITY BANK OF NEW YORK ARGENTINA: Buenos Aires, Rosario BELGIUM: Antwerp, Brussels BRAZIL: Pernambuco, Rio de Janeiro, San tos, Sao Paulo CHILE: Santiago, Valparaiso CUBA: Havana and 22 branches ENGLAND: London. City Branch, West End Branch FRANCE: Paris ITALY: Genoa PERU: Lima PORTO RICO: Ponce, San Juan RUSSIA: Moscow, Petrograd, Vladivostok (Temporarily closed) URUGUAY: Montevideo, Calle Rondeau (Montevideo) VENEZUELA: Caracas COMMERCIAL AND TRAVELERS’ LETTERS OF CREDIT ISSUED. BILLS OF EX CHANGE AND CABLE TRANSFERS BOUGHT AND SOLD. CURRENT ACCOUNTS OPENED AND FIXED DEPOSITS TAKEN ON RATES THAT MAY BE ASCERTAINED ON APPLICATION TO THE BANK. SPECIAL SAVINGS ACCOUNTS FOR DEPOSITS FROM-P-1.00 UPWARD, BEARING INTEREST AT 4 PER YEAR W. D. WHITTEMORE Ma»a<>rr, Manila Pacific- Building, Corner of Calle Juan Luna and Muelle de la Industria September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 27 = il SCHEDULE OF MEETINGS I Thursday, September (i, :>-.00 p. no: Re gular meeting-, Embroidery Section. Monday, September 10, 1:00 p. m.: Re gular meeting. Builders’ Section. Tuesday, September 11, :OO p. m-: Re gular meeting, Board of Directors. Wednesday, September 12. noon: Weekly luncheon, and regular semi-monthly meet ing, Active and Associate members. Monday, September 17. I :O0 p. m.: Re gular meeting. Builders’ Section. Tuesday, September IS, 1:00 p. m-: Re gular meeting, Hemp SectionTuesday, September IS, :oo p. m.: Re gular meeting, Board of Directors. Wednesday. September in, noon: Weekly luncheon, speaker to be announced. Monday, September J4, 1:00 p. no: Re gular meeting, Builders’ Section. Tuesday, September 2o. :00 p. m.: Re gular meeting. Board of Directors. Wednesday, September 26, noon: Weekly luncheon, and regular semi-monthly meet ing, Active and Associate members. Monday, October 1, 1 :“<> p- m-: Regular meeting, Builders’ Section. Tuesday, Oetober 1 :<>o p. m.: Regular meeting, Hemp Section. Tuesday, Oetober 2, :oo p. m.: Regular meeting, Board of Directors. Wednesday, October noon: Weekly luncheon, speaker to be announced. Thursday, Oetober Jt, 5 :oo p. m.: Regular meeting. Embroidery Section. E. GASKELL & CO., Inc. CUSTOMS BROKERS RECEIVING AND FORWARDING AGENTS Land and Water Transportation Bonded and Public Warehousing CODES: WESTERN UNION BENTLEY’S A. B. C. 5TH EDITION PRIVATE CODES TELS: Off 2425 2426 OFFICES: 103 Juan Luna BODEGAS: 21, 29, 35 & 41 Barraca St. CORONA DE LA ALHAMBRA A cigar that met with instant favor among smokers. THE ORIGINAL CREATION Many smokers find a new satis faction in the popular shape of SUMATRA-WRAPPED-PRES1DENTES Both are ALAHMBRA make and quality 28 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 CHAMBER NOTES 1 Despite the unusually heavy rains during the month of August, Chamber activities boomed and the attendance at the weekly luncheons was quite satisfactory. The noon day Round Table was full almost every day. One day Governor Wood sat down among the disciples of wit and wisdom to drink from the fount of knowledge that eternally gushes forth there. Beginning Sunday, October 7, a series of Sunday afternoon lectures by promin ent scholars in the Islands will be given for the benefit of charity. The admission Viegelmann, Incorporated, invite you to make your bookings for the trip home V/a Spain and Germany Monthly sailings from Manila via Singapore, Colombo and the Mediterranean Sea connecting at Hamburg by weekly sailing of the combined service of the United American and Ham burg American Lines. Manila P. O. Box 767 Tel. 2664 McGUIRE’S SHIRT FACTORY SHIRTS Wholesale P 12.00 a Dozen and Up. Custom Made P2.5O to P6.00. 19-23 DAVID P. E. McGUIRE, PROPRIETOR. price wil be f*1.00 and those buying tick ets will be given the chance to specify to which charity they desire the money to go. This will undoubtedly be the best series of public lectures over given in Manila. Among those who are booked to speak are Justice George A. Malcolm, who will talk on “Explaining the Situation,” Dr. H. Otley Beyer on “Darwin Up To Date,” Bishop Gouvorneui* F. Mosher on “Our Borrowed Institutions,” Dr. Trinidad H. Pardo de Tavera on “The Collector in the Philip pines,” Dean Jorge Baeobo on “Philippine Contact With America,” Bishop Charles E. Locke On “The Best Book in the World,” Mrs. Emilia Cavan and a girls’ chorus on “Sacred Music,” E. H. Taylor on “Here dity,” and numerous others. The first lecture will be by Justice Mal colm, who will bring additional light on the legal phases of some of the questions that have of late been agitating the public mind. The Normal School Glee Club and Chorus is also booked for an afternoon. These lectures and concerts will start at 4 p. m. Another Chamber activity which is under contemplation but which has not as yet been definitely decided upon, is the esta blishment of a class in Business English for the benefit of foreign and Filipino busi nessmen and executives. Sessions would be held between 5 and 6 p. m. three times a week, and a nominal tuition fee will be charged should the plan be adopted. Those interested are requested to confer with the Secretary of the Chamber. Julian Wolfson, impresario for the big benefit show to be staged next month, is looking for an experienced and competent prompter. Rehearsals will be held in the Chamber quarters, where there is ample floor space available. The chorus of 30 or more local beauties will have plenty of room for practicing its kicks and convolu tions. EVERY SCHOOL NEEDS THE OFFICAL 1 922-1 923 RULE AND HANDBOOK OF THE PHILIPPINE AMATEUR ATHLETIC FEDERATION CONTAINSthe Constitution of (he Philippine Athletic Federation, and the National Amateur Athletic Federation of America, gives pointers on Track and FieldTraining, suggestions and information about basketball, write-ups on tennis, swimming, volleyball, etc.; has the official rules for games; lists Philippine, Far Eastern, and World records; tabulates results of important athletic games, shows how to score for claes athletic contests and how to run tennis tournaments; gives pictures of famous Filipino and Foreign athletes and is full of other valuable and interesting information and instructions. Two pesos [plus P0.J4 postage] will bring you your copy. THE TIMES PRESS SENSIBLE PRINTING AT SENSIBLE PRICES COSMOPOLITAN BLDG. MANILA, P. I The placing of window boxes filled with plants in the restaurant has added greatly to the attractiveness of the dining room. This is an ideal place for the mothers, wives, daughters, sisters and sweethearts of members to meet afternoons for a cup of tea and a chat. The Chamber is situated just a step from the Escolta and it is sur prising that more womenfolk of the mem bership do not take advantage of this cool and pleasant retreat during shopping tours. Due to the pressing demand for rooms in the Chamber building, the office hitherto used by the Journal will be vacated and removed to the library and reading room. The old Journal office will be occupied by John R. Wilson while Mr. Wilson’s former office and the room adjoining, hitherto used as a storeroom, will be taken over by the Insurance Club. Col. Joe Wolfson, who is touring Europe, has sent the Round Table a number of souvenir menus from the French capital, where he is apparently in the best of health. Col. H. B. McCoy, who has undergone a major operation, is now fully restored to health and made his appearance at the Round Table after an absence of several weeks. September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 29 i BUSINESS AND PROFESSIONAL DIRECTORY B. A. GREEN REAL ESTATE Improved and Unimproved City, Suburban and Provincial Properties Expert valuation, appraisement and reports on real estate Telephone 507 34 Escolta Cable Address: “BAG” Manila Manila Philippine Islands Philippine Cold Stores Wholesale and Retail Dealers in American and Australian Refrigerated Produce. STORES AND OFFICES Calle Echague, Manila, P. I. Derham Building Phone 1819 Manila P. O. Box 2103 Morton & Ericksen Surveyors AMERICAN BUREAU OF SHIPPING MARINE AND CARGO SURVEYORS SWORN MEASURERS Cable Address: Telephone 1921 "TOUR V ANT," Manila P.O. Box 2106 C. B. STURTEVANT PUBLIC CARGO CHECKER We act as public checkers for all incoming and Warehouses.* AU work’carefully and expedi tiously done under personal expert supervision. W. W. LARKIN Member American Institute of Accountants Cable Address—“ClarUr.” Masonic Temple, Manila. STURTEVANT’S Room 9 Derham Building, Port Area Cable Address. “TOURVANT" Philippine Tourist Agency Manila, P. I. Tel. 1921 P. O. Be Office; >x 2106 HANSON & ORTH BUYERS AND EXPORTERS of Hemp and Other Fibers 301-305 Pacific Bldg. Telephone 1840 Cable Address: BAILEY, Manila The Bailey Stevedoring Co , Inc. Stevedores Compradores and Salvage Contractois Phone 446 DERHAM BUILDING P.O.Box 517 Water Front. Aduana Telephone 1669 P. O. Boz 1431 Hashim-Franklin Car Co. Hashim Bldg. 883-885 Rizal Ave. AUTOMOBILE ACCESSORIES, SUPPLIES AND REPAIRS MADRIGAL & CO. 113-121 Muelle de Binondo, Manila COAL CONTRACTORS COCONUT OIL MANUFACTURERS MILL LOCATED AT CEBU MANGOSTEENS PRESERVED Manufactured by GUAN JOO JOLO M. Y. SAN & CO. 69 Escolta Manila, P. I. Hours: 9-12, 3-6 Tel. 557 A. M. LOUIS X-RAY LABORATORY 305 Rozas Bldg., Manila, P. I. Escolta, Corner Calle David JULIUS MARGELIN Expert Swiss Watchmaker WATCHMAKER C& JEWELER 318 (J7Misericordia. Manila. Phone 1134 P. O. Box 509 Gregorio M. Cansipit CUSTOMS BROKER 3 Plaza Cervantes Room 5 Phone 603 P. O. Box 1069 GEO. GERLACH Marine Surveyor CB. Consulting Engineer Offices: 76 Escolta and Telephone 2322 No. 7 Calle Soda MANILA FRONT SIGHT VS. HIND SIGHT BRAUN & ROSEDALE Phone 1204 EFFECTIVE ADVERTISING 202 Masonic Temple P. O. Box 15o9 30 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 BESSEMER CRUDE OIL ENGINES 15 HP to 180 HP FOR RICE MILLS AND LIGHTING PLANTS AND OTHER POWER REQUIREMENTS SPECIFICATIONS OF 15 HP SIZE: Net Weight: 8000 lbs. Diameter of Cylinder: 8^2* Length of Stroke: 15' Revolutions per minute: 275 Diameter of Flywheels: 72' eAir Starter Friction Clutch Pulley Water Circulating Pump wi Oil Circulating Pump EQUIPMENT INCLUDES: Mechanical Lubricator Starting Torch and Tank th Belt eAssortment of Wrenches Foundation Bolts CROSSHEAD CONSTRUCTION ELEMINATES WEAR Compare these specifications with those of any other 15 HP Oil Engine and you will appreciate the extra value in the BESSEMER. WRITE US FOR CATALOG MACLEOD & COMPANY, INC. SOLE AGENTS MANILA CEBU V1GAN ILOILO Chaco Building MANILA 15 Calle Marina Only the finest of the Abaca enters into the composition of INCHAUSTI ROPE Comparative tests will show this but only the initiated could tell the high quality of a rope product by looking at it. We invite scientific tests of our products, believing that quality will win in the long run. Inchausti Rope Factory PHONE 932 BRANCHES MANILA Iloilo Sorsogon Gubat Apnrri September, 1923 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 31 Active Member H. B. Pond is leaving on a three months’ trip to the United States on business. Active Member Julius Reis is taking a ii^r’s vacation in Europe and the home%nd. Directors Cotterman and Gaches are ex pected to return to the Islands within the next month or two. President Cotterman has now been gone nearly a year. During the absence of Mr. Reis, Active Member John W. Haussermann will repre sent the Chamber on the Governor General’s committee on the establishment of a Board of Trade. Pictures suitable for a chamber of com merce would greatly improve the appea rance of the foyer and the rooms. The Chamber has ten good frames that may bo used for such pictures, their inside dimen sions being as follows: five 14 by 26 inch es, one 18 1/2 by 21- one 23 by 37, one 26 by 38, one 30 by 37, and one 26 by 42. Photographs of industrial plants, etc., pro perties of members of the Chamber, are desired for these frames. When received at the office of the Secretary, estimates of the cost of enlargement to proper size will bo made and arrangements made to hang them in suitable places, with cards of ac knowledgment and identification. Members of the Chamber who employ Americans are urged to use the list of available persons cn file in the Chamber. There are many good1 men and women on this list and it may contain just the person you want for a vacant position. Look over the Chamber list before taking other means to fill a position. We regret to report the death of Affiliate Member A. A. Page at Jolo, Sulu. Active Member John R. Wilson, who has been managing the Mindoro Sugar Estate for the past year or so, has returned to Manila to engage in business. Major Sam uel Johnson goes to Mindoro. Active Member Martin R. Bourne is back in Manila to take charge of the Manila Trading and Supply Company’s business during the absence of Mr. Reis. Active member A. G. Henderson, who has been representing the Chamber in Chicago, has resigned from the post of manager of the Chicago office for the Admiral Line and has been appointed general agent for the Groat Northern Railway Company in the Orient. Mr. Henderson’s greatly ap preciated monthly review of shipping con ditions in the United States will therefore have to be discontinued as a special feature of the Journal. He writes us that he was scheduled to arrive in Yokohaha during August and that he will look up his friends in Manila in the near future. Mr. Hender son was one of the most popular shipping men in Manila when he was here in charge of the local offic© of Struthers and Barry. NEW ECONOMIC MONTHLY A new business and financial magazine in Spanish and English called Progreso Economico de Filipinos has made its ap pearance and is a creditable publication in every respect. Its editor is Don Alberto Campos, a veteran newspaperman of Ma nila on the staff of El Mercanitil and for many years translator for the Philippines Free Press. The paper covers the entire Philippine economic field and is well gotten up and illustrated. It is published monthly. STATISTICAL REVIEW MARKET QUOTATIONS BY MONTHS, AUGUST, 1922—AUGUST, 1923 (Prices on or about 25th of each month) COMMODITIES SUGAR: Local (per pieul) .............................................. U. S. Landed terms (per lb.) ....................... HEMP: Grade F (per picul) ......................................... Grade J.-U. S. (per pieul) ........................... COPRA: Ex-bodega (per pieul) ......................... COCONUT OIL: .ocal, ex-tank (per Kilo] •est Coast (per lb. TOBACCO: Isabela RIOk^First1 May 1923 Apr. Mar. Feb. Dec. Nov. 1922 Oct. Sept. 12 Month Average Aug. Aug. 1923 August July June CONSOLIDATED BANK REPORTS, JULY-AUGUST, 1923 By BEN F. WRIGHT, Special Bank Examiner Week ending Week ending Week ending Week ending Week ending July 21 July 28 August 4 August 11 August 18 Philippine Guaranty Company, Inc. (Accepted by all the Bureaus of the Insular Government) Executes bonds of all kinds for Customs, Immigration and Internal Revenue. DOCUMENTS SURETYSHIPS For Executors, Administrators, Receivers, Guardians, etc. We also write Fire and Marine Insurance Liberal conditions ocal Investments oaus on real estate repayable by monthly or quarterly Instalments at ow interest Call or write for particulars Room 403, Filipinas Bldg. P. 0. Box 128 Manila, P. I. Manager’s TeL 2110 Main Office Tel. 441 32 THE AMERICAN CHAMBER OF COMMERCE JOURNAL September, 1923 lit 5539/ 1,452,973 1.980,273 24,127,203 12,290,234 Plfl.645,255 100.0 W3 % 281,245 3,361,353 2« WXr“he.° + THE BUSINESS + COMMUNITY is served by the Red Cross as much as it serves the people of the Philippines—a con dition not often recognized by the business men. In bringing the gospel of better health to the homes, the Red Cross nurses help the people tremendously—but they also help the business community by pioneering for higher standards of living. By training the school children of the Philip pines in personal hygiene and sanitation, the Red Cross insures a race of robust men and women—and undoubted blessing to those benefited directly—but also of far-reaching effect to the business community. By cooperating with the Associated Charities, the Red Cross helps the needy to become selfsupporting—and thereby removes a burden from the shoulders of the business com munity. The Red Cross serves the business com munity— indirectly, perhaps, but steadily and surely. When the time comes, will the business community help the Red Cross? THE RED CROSS PHILIPPINE CHAPTER THIS IS HAPPENING TODAY On hundreds of cars in the city, parked outside of offices, homes and places of business, the rain is beating down destroying the tires! On hundreds of cars in the city today, poor tires of inferior construction are gaping open to the weather—huge cracks are appearing in the surface—just like the tire on the left in the above picture. But Firestone Tires are unaffected! Note how sturdily the Firestone tire on the right in the picture is withstanding the rain! That is Firestone service. Neither flood nor sunshine can ruin Firestone tires as quickly as tires of inferior construction. Firestone Tires are GUM DIPPED, made of the best materials obtainable, and manufactured especially with a view to giving the tire owner greatest service and Most Miles Per Peso AUTOMOTIVE SECTION PACIFIC COMMERCIAL COMPANY MANILA