Journal. [1936]

q! New Act Creating Philippine Bureau of Mines Take. the place and functions of the former mines division of the Bureau of Science. The New Philippine Mining Act Marginally Indexed Applies regalan theory to all Philippine mineral lands, passing neu, properties under lease instead of under patent. Quarterly Review Looking over the mining industry at the 1936 three quarter mark. The Abra Mining District OTHER FEATURES AND THE USUAL EXPERT MINING AND COMMERCIAL REVIEWS

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October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL I L' INCOMPARABLE FLAVOR 0 Y I -just the juice 5 from the finest. red-ripe tomatoes... TASTE LIBBY'S AND SEE HOW MUCH FINER IT REALLY IS! KUENZLE & STREIFF, INC. Main Office: MANILA Branch Office: 343 T. Pinpin CEBU ILOILO 44-48 Isaac Peral Tel. No. 2-39-36 ZAMBOANGA Tel. No. 2-17-62 "FILIPINAS COMPANIA DE SEGUROS" FILIPINAS BUILDING 21 Plaza Moraga, Manila Fire Insurance Motor Car Insurance Mortgage Loans Fire Arms BONDS F i d e lity BONDS and Surety I I I FOR FURTHER INFORMATION CALL AT — Central Office, 2nd Floor FILIPINAS BUILDING Tel. 2-22-42 - MANILA - P. 0. Box 745 Far East-Europe RAPID LUXURY LINERS Via Singapore-Colombo-Bombay-Massowah-Suez-Port Said S.S. CONTE VERDE Leaves HONGKONG, NOVEMBER 1 for Brindisi, Venice, TRIESTE M.V. VICTORIA Leaves MANILA, NOVEMBER 23, for NAPLES, GENOA S.S. CONTE ROSSO Leaves MANILA, DECEMBER 2nd, for Brindisi, Venice, Trieste Overland to London, Paris, Berlin. Stopover privileges. From Egypt the voyage may be continued by five optional routes of the Mediterranean services. Through Tickets to the U. S. and Round the World at Reduced Fares. EXPRESS SERVICE VIA INDIA- EGYPT- ITALY ITALIA LINE-LLOYD TRIESTINO-COSULICH LINE Smith, Bell & Co., Ltd., Agents. HONGKONG & SHANGHAI BANK BLDG.. PHONE 2-31-31 I I I I I1 I I IN RESPONDING TO ADV~ER TISESMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE - JOURNAL

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4 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 INDEX Make this test... DRINK Bud ~eeeri Philippine Mining Act Page for five days Ad Valorem tax............................................... 38 A dverse claim................................................. 34 Amended declaration of location................................ 10 You will want the Budweiser Annual rentals or royalties..................................... 36 Annual assessment work...................................... 37 flavor thereafter Application published........................................34 Assessment work.............................................. 37 ~ Boundary line, Corner posts or Stones marked.................. 11 K [I N G Cancelled mining lease......................................... 37 Citizens or corporation of U.S.A. during P. I. Commonwealth.... 40 Complete application submitted................................. 34 of Clause on lease granted........................................ 35 Conflict in locations........................................... 9 Conflicts and disputes.......................................... 30 B O T T L E D Damaged mine by person...................4.................. 40 D efinition of term s............................................ 7 Deputy mineral land surveyor.................................. 30 B B B R Destroyers for reduction works convicted........................ 40 Disposing third group mineral lands............................. 9 "Discovery Post"..........................:................... 10 For ages the world has Enjoyed benefit rights on any mine........................ 38 Exploration rights............................................ 30 Failure of lessee................................... 37 w a n t e d D r y B eer False statements, representations or reports...................... 39 False application, declaration fined.............................. 39 Try Budweiser Fee on declaration of location............................ 28 Fifth group lands defined...................................... 8 First group lands defined....................................... 8 Sole Agents Fourth group lands defined.................................... 8 Grant of lands................................................ 40 TI- M A NI LA XVTiTE Granted lease application....................................... 33 B HE M AN ILA WVINE Guilt of arson............................................... 40 Held unconstitutional or invalid section of this Act.............. 40 M ERCH AN TS, LTD. Interference with water rights previously granted................. 40 Lands leased classified...................................... 8 L ease holder.................................................. 36 Lode claim s m arked.......................................... 10 Lode mineral claim and placer mining claim..................... 9 Lode mineral claim defined..................................... 9 Lode or placer claims in first, second, fourth and fifth........ 10 Lode or placer claim, location declared........................ 11 Manner and conditions for locating mining claims............... 10 WARNER, BARNES & COMPANY, LTD. Maximum area of mining claim.........9..................... 9 Maximum area leased......................................... 34 LONDON - NEW YORK - MANILA Mine or mining claim appraised or reappraised, valuated or revaluated 39 ILOILO - CEBU - BACOLOD Minerals defined...................7................ 7 Mineral lands explained...................................... 7 M ineral land reservations............................... 7 IMPORTERS & EXPORTERS Minerals not mentioned in this Act.................... 8 M ineral discovered......................... 9 Mineral lands in first, second, fourth and fifth............. 10 SHIPPING DEPT. INSURANCE DEPT. Mineral lands locators and lessees........................ 13 Mineral lands not covered by lease........ 38 Agents For: Transacting Minerals extracted taxed........................... 38 Nippon Yusen Kaisha Fire Mineral deposits "salted".......................... 39 Cunard-White Star, Ltd. Marine Mining recorder and district mining officer............. 19 Bibby Line Automobile M ining districts................................... 19 Workmen's Compensation Mining record............................ 20 and Miscellaneous Mining lease application.................... 33 Mining claims on private lands........... 34 GENERAL MANAGERS OF Mining engineer............39 COMMONWEALTH INSURANCE COMPANY Personnel of the Bureau of Mines obstructed..........40 Placer mining claim patterned................11 Placer claim marked.. 11 SPECIAL REPRESENTATIVES OF Privileges and rents, royalties and taxes............35 IMPERIAL AIRWAYS, LTD. Prospectors' requirements................ Public domain without mineral deposits.. 38 Questions at issue between prospector and private owner...... 8 MACHINERY DEPARTMENT Recorded lode or placer mining claim................. 11 Rogalian Principle......7..... Agents For. Rights accorded mining location holders... 8 Rights and privileges of lessee.... 35 Sugar Machinery, Diesel Engines, Condensing Plants, Mining Rights of bona fide holder of mining claim........... 38 Machinery and Steels, Shipbuilders and Engineers. Right of way of owner or occupant......................... 39 AGRICULTURAL DEPT. IMPORT DEPT. Signs, marks, posts, monuments unlawfully removed..... 39 AGRICULTURAL DEPT. IMPR T D EPT. Second group 1ands defined................ 8 All Cases of Srry Flour Sold, transferred or conveyed false mining claims............. 39 Ftilizer Sy Flour Bags Third group lands defined................................. 8 Ftiliz ugar Bags Time to file a lease application............................ 33 Cabk Address: "WImWr" Standard Codes Unlawful minerals extracted...................... 39 Valid m ines location.............................30 Manila Office: Pcrcz-Samanillo Building, Manila Water rights of bona fide holders of mining claims.......... 38 Willful and malicious causes to destroy public conveyance punished 40 __W orkers' age................................................ 39 IN' RSPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

o Foreign p3.o00 U. S. ~ Curc cy., er October, 1936 Vol. XVI, No. 10 Entered as Second Class Matter May 25, 1921 at the Post Office at Manila. P. I. Single Copies: 35 centavos WALTER ROBB Editor and Managr.. New Act Creating Philippine Bureau of Mines Takes the place and functions of the former mines division of the Bureau of Science PRESIDENT MANUEL L. QUEZON FIRST NATIONAL ASSEMBLY First Session NATIONAL ASSEMBLY [B. No. 23391 -- INTRODUCED BY THE COMMITTEE ON MINES AN ACT CREATING THE BUREAU OF MINES Be it enacted by the National Assembly of the Philippines: CHAPTER I.-Title of Act SECTION 1. For the purpose of carrying into effect the provisions of this Act, there is hereby created under the Department of Agriculture and Commerce an office to be known as the Bureau of Mines. SEC. 2. The Bureau of Mines shall have one Chief to be known as the Director of Mines who shall be appointed by the President, with the consent of the Commission on Appointments of the National Assembly. There shall be in the said Bureau such experts and other employees to be ap pointed by the Secretary of Agriculture and Commerce as may be required to carry out the purposes of this Act and of the Mining Act. Subject to the general supervision and control of the Secretary of Agriculture and Commerce, the Director of Mines shall possess the powers generally conferred upon Bureau Chiefs. SEC. 3. The Director shall carry out the provisions of this Act and all laws pertaining to the administration and disposition of mines, minerals, and mineral lands, and of the rules and regulations promulgated thereunder, and in general, shall promote the development of the mining industry of the country, as follows: The Director of Mines shall(a) Make topographic and geological surveys of the Philippines. (b) Collect and disseminate information, and conduct pertinent investigations concerning mining administration and operation, the utilization of minerals, and the establishment of mineral industries. (c) Conduct studies of mining practices and methods relating to protection of life and property, economy of opera Not just 3 or 4 "talking points"... but A Whole Car Full of High Priced Features Why pay more? 1 V-8 ENGINE PERFORMANCE WITH ECONOMY 2 SUPER-SAFETY MECHANICAL BRAKES _3 SAFETY GLASS ALL AROUND AT NO EXTRA COST 4WELDED ALL-STEEL BODY 5 CENTER-POISE RIDING COMFORT FORD V-8 "AfterW sell Manila Trading & Supply Co. Ford We Serve" ManUa-Iloilo-Cebu-Bacolod-Baguio-San Pablo-Tarlac-Dagupan-Cagayan, Or. Misamis Distributors - IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 tion, prevention of waste, and disseminate the results and information in appropriate bulletins or circulars. (d) Conduct investigations relative to ore dressing and metallurgical processes with a view to opening new avenues of development and utilization of valuable minerals from their ores. (e) Perform work on assaying and smelting and on testing and identification of rocks and minerals. (f) Establish and operate a refining plant for the purpose of refining, and purifying, smelting, and treating gold, silver, copper, iron and other products of mines. (g) Conduct geologic investigations relative to mine engineering, construction, and planning. (h) Have direct supervision and control of the work and the office of mining recorders. (i) Keep records of mining locations, leases, patents, and permits including transfers and assignments thereof, and of all records and archives of existing claims of whatever class or description pertaining to mining grants and concessions granted under the Spanish Mining Laws. (j) Furnish or cause to be furnished to any person applying for the same, one or more certified copies Records in the of any record kept in the Bureau of Mines, or Bureau of in the office of the mining recorders, upon Mines payment of the following fees: For each certification, one peso. For each folio of legal size paper or fraction thereof, fifty centavos. (k) Issue revocable permits for the removal or taking of stone, gravel, sand, earth, and other materials, from public and private lands of the Government of the Philippines or from the beds of seas, lakes, rivers, streams, creeks, and other public waters. (1) Require of every corporation or association formed for the purpose of mining or conducting mining in the Philippines, to keep in its office a complete set Books Required of books showing all receipts and expenditures of such corporation, the sources of such receipts, the object of such expenditures, and also all transfeis of stocks. (m) Require semiannually every corporation or association formed for the purpose of mining or conducting mining in the Philippines to submit to his office Reports a report verified under oath of the presidelt Required and secretary containing: an itemize(l account or balance sheet for the previous semester, embracing a full and complete statement of all disbursements, and receipts, showing from what sources such receipts were derived, and to whom and for what object or purpose such disbursements or payments were made; all indebtedness or liabilities incurred or existing at the time, and for what the same were incurred, and the balance of money, if any, on hand; a statement showing the number of men employed, and for what purpose, and the rate of wages paid to each; a full and complete statement of the work done in said mine, the amount of ore extracted, from what part of mine taken, the amount sent to mill for production, its assay value, the amount of bullion received, the amount of bullion shipped, and the amount retained, if any. Copies of such report shall be furnished the stockholders or members of the corporation or association. Every such corporation or association shall likewise keep in its office, subject to inspection, of the stockholders or members, a full report, under oath, of all discoveries of ores or mineral-bearing quartz made in said mine, whether by boring, drifting, sinking, or otherwise, together with the assay values thereof. All accounts, reports, and correspondence from the superintendent of operatives must be kept in the office of every such corporation or association, open to the inspection of all stockholders or members, and all said accounts and reports shall be filed in the office of the Director of Mines. (n) Have direct charge of the administration of the mineral lands and minerals, and of the survey, classification, lease or any other form of concession or disposition thereof authorized under the Mining Act. (o) Prepare, with the approval of the Secretary of Agriculture and Commerce, such forms, instrucRules and Reg- tions, rules and regulations, consistent with ulations to be law. Issued (p) Personally or by his duly authorized representative, administer oaths and take acknowledgments in matters of official business; issue subpeenas and take testimony in official investigations authorized by law. SEC. 4. Transfer of certain divisions and offices to the Bureau of Mines.-The Division of Mines comprising the Geological Survey Section, the Mining Technology Bureau Section, the Mineral Lands Administration Organization Section, and the Mineral District No. 1 at Baguio, of the Bureau of Science, and the supervision of the offices of mining recorders, together with its personnel, appropriations, equipment, implements, materials, properties, records, and other effects, is hereby transferred to the Bureau of Mines. The Director of Mines shall, subject to the approval of the Secretary of Agriculture and Commerce, organize its personnel into such divisions or sections as will insure the simplest organization and maximum efficiency. The Secretary of Agriculture an(l Commerce, in the interest of the service or for reasons of economy, or due to lack of funds, may transfer any position or positions with their respective appropriations from the administrative, clerical, 'or other nontechnical force of any bureau under the Department o)f Agriculture and Commerce to the Bureau of Mines. SEc. 5. Subject to the approval of the Secretary of Agriculture and Commerce, the Bureau of Mines may perform any work for private parties, and charge Work for for the service so rendered. All amounts so Private Parties collected shall be deposited to the credit of the appropriations for current expenses of the Bureau of Mines. SEC. 6. The officers and employees of the Bureau of Mines shall have police authority over mineral lands and minerals, and shall have the power to execute the decisions and orders of the Bureau of Mines, relative thereto. SEc. 7. To defray the expenses of the Bureau of Mines for the year nineteen hundred and thirty-seven there is hereby appropriated from the funds of the National Treasury, not otherwise appropriated, in lieu of the appropriations for the Division of Mines of the Bureau of Science for the year nineteen hundred and thirty-seven, the sum of one hundred thousand pesos, to lie expended for salaries, wages, furniture and equipment, and sundry expenses with the approval of the President. SEC. 8. This Act shall take effect upon its approval. Approved, CALL 5-73-06 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 7 New Philippine Mining Act Marginally Indexed Applies regalian theory to all Philippine mineral lands, passing new properties under Vease instead of under patent CECILIO MANEJA Member of the Commitee on Mines SPEAKER GIL MONIILLA Be it enacted by the National Assembly of the Philippines: CHAPTER I.-Title of Act SECTION 1. The short title of this Act shall be "The Mining Act." CHAPTER II.-Definitions SEC. 2. The terms "person," "holder," "occupant," "locator," "licensee," "lessee" "permittee," "owner," whenever used in this Act, shall include an indiDefinition, vidual, a corporation, a sociedad anolnina, of terms a limited partnership and an unincorporated association, and words in the singular shall include the plural, and vice versa. The term "ton" as used in this Act shall be understood as short ton of nine hundred seven and two tenths (907.2) kilograms. CHAPTER III.-Ownership of Minerals and Mineral Lands SEC. 3. All mineral lands of the public domain and minerals belong to the State, and their disposition, exploitation, development, or utilization, shall be limited to citizens of the Philippines, or to corporations, or associations, at least sixty per centum of the capital of which is owned by such citizens, subject to any existing right, grant, lease, or concession at the time of the inauguration of the Government established under the Constitution. SEC. 4. The ownership and the right to the use of land for agricultural, industrial, commercial, residential, or for any purpose other than mining does not Regalian include the ownership of, nor the right to Principle extract or utilize, the minerals which may be found on or under the surface. SEC. 5. The ownership of and the right to extract and utilize the minerals included within all areas for which public agricultural land patents are granted are excluded and excepted from all such patents. SEC. 6. The ownership of and the right to extract and utilize the minerals included within all areas for which Torrens titles are granted are excluded and excepted from all such titles. SEC. 7. With the exception of the soil which supports organic life, and of ordinary earth, gravel, sand and stone which are used for building or construction Minerals purposes, the disposition of which is governed Defined by Act Numbered Three thousand seventyseven hundred, as amended by Act Num bered Three thousand eight hundred fifty-two of the Philippine Legislature, all inorganic substances found in nature in solid, liquid, gaseous, or any intermediate state are minerals within the purview of this Act. SEC. 8. Mineral lands are those in which minerals exist in sufficient quantity or quality to justify the necessary expenditures to be incurred in extracting and utilizing Mineral such minerals. lands explained SEC. 9. The exploitation of public and private lands for mining purposes shall be governed by existing laws, rules and regulations which may be promulgated thereunder. SEC. 10. Subject to any existing rights, all valuable mineral deposits in public or in private land not closed to mining location, and the land in which they are found, excepting coal, petroleum, and other mineral oils and gas, which are now governed by special laws, shall be free and open to exploration, occupation, location and lease, by citizens of the Philippines, of legal age, or by associations, or by corporations organized and constituted under the laws of the Philippines: Provided, That at least sixty per centum of the capital of such associations or corporations shall at all times be owned and held by citizens of the Philippines. SEC. 11. Upon the recommendation of the Secretary of Agriculture and Commerce, the President may set apart mineral land reservations, and he shall by Mineral proclamation declare the establishment of Land Reser- such reservation, and the boundaries thereof, vations and thereafter such reservations shall be closed or open to mining location or lease as the President may deem wise and may so provide in the proclamation. The President may, with the concurrence of the National Assembly, by proclamation alter or modify the boundaries of any mineral reserve from time to time or revoke any such proclamation, and upon such revocation, such reserve shall be and become part of the public domain as though no such proclamation had ever been made: Provided, however, That the President is hereby authorized to declare by proclamation any mineral reserve, closed to mining location. Provided, further, That all mineral reservations set aside by the Chief Executive prior to the approval of this Act shall remain in full force and effect and shall be administered and disposed of in accordance with the provisions of this Act.

8 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 SEC. 12. From and after the date of proclamation of a mineral reserve, if the same has not been proclaimed closed to mining location, the lands thereby may Rights accorded be disposed of only for mining purposes as mining location hereinafter provided. holders SEC. 13. Whenever lands are reserved for purposes other than for mining, the holders of mining location or leases within any such new reserve, at the time the reservation is made, shall continue to enjoy all rights accorded them under existing law with respect to such locations or leases as if such reservation had never been made. SEC. 14. Lands within reservations for purposes other than mining, which, after such reservation is made, are found to be more valuable for their mineral contents than for the purpose for which the reservation was made may be withdrawn from such reservations by the President with the concurrence of the National Assembly, and thereupon such lands shall revert to the public domain and the subject to disposition under the provisions of this Act. SEC. 15. Lands leased for mining purposes shall be classified as follows: First group-Metals or metalliferous ores. Lands leased Second group-Precious stones. Classified Third group-Fuels. Fourth group-Salines and mineral waters. Fifth group-Building stone in place, clays, fertilizers, and other nonmetals. SEC. 16. Lands of the first group shall be those which contain any of the metallic elements or minerals, or their combinations, such as gold, silver, platinum, tin, First group chromium, iron, manganese, copper, nickel, Lands defined lead, zinc, cinnabar, tungsten, and the like. SEC. 17. Lands of the second group shall be those which contain minerals mainly used for ornamental purposes such as diamond, ruby, emerald, sapphire, topaz, Second group amethyst, zircon, aquamarine, opal, jade, Lands defined agate, tourmaline, beryl, garnet, turquoise, and the like. SEC. 18. Lands of the third group shall be those which contain combustible substances in solid, liquid, gaseous form, such as peat, coal, mineral oils, naThird group tural gas, oil shales, asphalt, and the like, but Lands defined not the recent products of organic life. SEC. 19. Lands of the fourth group shall be those which contain surface or subterranean soluble substances or waters which by their mineral contents are classified Fourth group as mineral waters, such as salt, nitrates, Lands defined sulphurated, carbonated, sodic, calcic, and other waters. SEC. 20. Lands of the fifth group shall be those which contain nonmetallic substances, such as: (a) Those used for building or construction Fifth group purposes, such as marble, granite, clay, and Lands defined the like; (b) Asbestos, feldspar, lime, mica, guano, phosphate, potash, saltpeter, niter, and the like; (c) Other substances used in the manufacture of paints, ceramics and fertilizers and for other industrial purposes. SEC. 21. Aerolites or other bodies coming from sidereal space are minerals within the meaning of this Act, the disposition of which shall be determined by regulations. SEC. 22. Mineral lands may be classified under more than one group, depending upon the nature and uses of the minerals contained therein. SEC. 23. The minerals which are not specifically mentioned in this Act, and new ones which may be discovered in the future, shall be classified under their Minerals not proper groups, whenever necessary, and shall mentioned in be included therein by law or regulations. this Act CHAPTER IV.-Exploration and Prospecting for Mineral Deposits SEC. 24. Prospectors may prospect for themselves, or for other persons, associations, corporations, or other entities, qualified to locate mining claims Prospectors' and to acquire leases of mineral lands under Requirements the provisions of this Act. A proper power of attorney in writing shall in each case be given by the employer to his prospector, which power of attorney shall be duly acknowledged and shall be recorded in the office of the mining recorder concerned coincident with the recording of a declaration of location. Regardless of the number of claims located by the prospector for the same principal in the same province or mining district, he shall be required to record but one power of attorney in any such province or district. SEC. 25. Officers and employees of the executive or any other branch of the Government whose duties are related to the administration or disposition of mineral resources shall not be allowed to prospect, locate, lease or hold, directly or indirectly, mineral lands in the Philippines. SEC. 26. Prospecting may be carried on within public lands and private lands in accordance with the provisions of this Act: Provided, however, that in the case of private lands no prospecting shall be allowed except by the owner thereof during the period of one year from and after the effective date of this Act. SEC. 27. Before entering private lands the prospector shall first apply in writing for written permission of the private owner, claimant or holder thereof, Questions at and in case of refusal by such private owner, issue between claimant, or holder to grant such permission, prospector and or in case of disagreement as to the amount private owner of compensation to be paid for such privilege of prospecting therein, the amount of such compensation shall be fixed by agreement among the prospector, the Director of the Bureau of Mines and the surface owner, and in case of their failure to unanimously agree as to the amount of compensation, all questions at issue shall be determined by the Court of First Instance of the province in which said lands are situated in an action instituted for the purpose by the prospector, or his principal: Provided, however, That the prospector, or his principal, upon depositing with the court the sum considered jointly by him and the Director of the Bureau of Mines or by the court to be just compensation for the damages resulting from such prospecting,:t?r -my 7 Mmbers of the Committee on Mines-Left to Right: Honorables Tomas Oppus, Benito Soliven, Tomas Confesor, Felipe E. Jose, Camilo Osias, Buenaventura Rodriguez, Saturnino Moldero

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 9 shall be permitted to enter upon, and locate the said land without such written permission pending final adjudication of the amount of such compensation; and in such case the prospector, or his principal, shall have a prior right as against the world, from the date of his application. The court in its final judgment, besides determining the corresponding compensation for the damages which may be caused by the prospecting, shall make a pronouncement as to the value of the land and the reasonable rental for the occupation and utilization thereof for mining purposes in case the prospector decides to locate and exploit the minerals found therein. SEC. 28. No prospecting shall be allowed: (a) In a mineral reserve which has been proclaimed closed to mining locations. (b) In lands covered by patented mining claims. (c) In lands in which minerals have been discovered prior to the effective date of this Act and are claimed by the discoverer or his successors in interest. (d) In lands which have been located for mining leases by other prospectors under the provisions of this Act. (e) Near or under buildings, cemeteries, bridges, highways, waterways, railroads, reservoirs, dams, or any other public or private works. The regulations to be promulgated under this Act shall prescribe in detail the various restrictions under this section. CHAPTER V.-Discovery of Mineral Deposits and Location of Mining Claims SEC. 29. The right to locate a mining claim shall in all cases be based upon the discovery of mineral therein. SEC. 30. The finding of mineral or minerals in place or position where originally formed in the rock, whether assaying high or low, shall constitute a valid Lode Mineral discovery for the location of a lode mineral Claim and claim. The finding of mineral or minerals in Placer Mining loose, fragmentary or broken rocks, boulders, Claim float, beds or deposits whether in greater or lesser quantities, or the finding of the same in forms other than those above described for lode mineral claims, shall constitute a valid discovery for the location of a placer mining claim. SEC. 31. A lode mineral claim is a parcel of mineral land containing a vein, lode, ledge, lens, or mass of ore in place which has been located in accordance with Lode Mineral law. A placer claim is that which does not Claim defined come under the definition of a lode mineral claim. SEC. 32. In case of conflicting locations, priority of discovery, followed by continuous occupation and prospecting of the land, shall determine the right to lease Conflict in the claims, subject to any question as to the locations validity of the location and record of the claim and subject to the holder's having complied with all the requirements of law: Provided, however, That actual discovery of minerals made prior to the effective date of this Act, before or after the enforcement of the Constitution, shall constitute a valid discovery, and the persons making such discovery shall have the preferential right to locate and lease the mining claims covering the minerals discovered, subject to the provisions of this Act. SEC. 33. Immediately upon the discovery of mineral or as soon as possible thereafter, but not more than thirty days after the date of the said discovery, the disMineral coverer or locator may locate a mining claim discovered in accordance with the provisions of this Act, covering the land where the mineral has been discovered. If no such location is made within such period, the right to locate a mining claim covering such land shall be deemed to have been waived. SEC. 34. Within sixty days after the completion of the acts of location of a mining claim, as hereinafter provided, the locator thereof shall record the same with the mining recorder of the province or district within which the claim is situated. A claim which shall not have been recorded within the prescribed period shall be deemed to have been abandoned. SEC. 35. The maximum area which may be acquired under a mining claim located under the provisions of this Act shall be: First group: (a) Metals or metalliferous ores in lode deposits, nine hectares for an individual, an unincorporated association, a sociedad an6nima, a limited partnership or a corporation. (b) Metals or metalliferous ores in placer deposits; not to exceed eight hectares for an individual nor sixty-four hectares for a corporation, sociedad an6nima, Maximum Area or limited partnership: Provided, That in of Mining the case of an unincorporated association Claim the area shall not exceed eight (8) hectares for each member nor sixty-four (64) hectares for the entire association. Second goup: Precious stones whether in lode or placer deposits, not to exceed four hectares for any qualified locator or applicant. Fourth group: Salines and mineral waters, not to exceed four hectares for any qualified locator or applicant. Fifth group: (a) Building stone, clay, fertilizer, and other nonmetals in placer deposits not to exceed eight hectares for an individual nor sixty-four hectares for a corporation, sociedad an6 -nima, or limited partnership: Provided, That in the case of an unincorporated association the area shall not exceed eight (8) hectares for each member nor sixty-four (64) hectares for the entire association. (b) Nonmetals in lode deposit-not to exceed nine hectares for an individual, an unincorporated association, a sociedad an6nima, a limited partnership or a corporation. SEC. 36. The disposition of the third group of mineral lands, or lands containing mineral fuels, whether public or private, shall be governed by Act Numbered Two Disposing third thousand seven hundred nineteen, as amendgroup Mineral ed, entitled, "An Act to provide for the leasing lands and development of coal lands in the Philippine Islands" and the regulations promulgated thereunder, and by Act Numbered Two thousand nine hundred thirty-two, as amended, entitled, "An Act to provide for the exploration, location and lease of lands containing petroleum and other mineral oils and gas in the Philippine Islands" and the regulations promulgated thereunder: Provided, That the Members oJ the Committee on Mines-Left to Right: Honorables Pedro Sabido, Jose A. Angara, Emilio de la Par, Nicolas Rqfols, Narciso Ramos, Eligio G. Lagman, Enrique B. Magalona

10 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 The American Chamber of Commerce OF THE PHILIPPINE ISLANDS (Member Chamber of Commerce of the United States) DIRECTORS: ALTERNATE DIRECTORS. P. A. Meyer, Priirmt L. K. Cotterman C. S. Salmon, Virc-Prwtidm A. G. Henderson John L. Headington, Trsrer D. L. Cochran J. C. Rockwell E. M. Bachrach E. M. Grimm Verae E. Miller SECRETARY: S. F. Gaches C. G. Clifford E. Schradieck H. M. Carender COMMITTEES EXECUTIVE COMMITTEE: PUBLICATIONS COMMITTEE: P. A. Meyer, Cairman P. A. Meyer, Chairman C. S. Salmon C. S. Salmon Roy C. Bennett RELIEF COMMITTEE: BANKING COMMITTEE: C. G. Clifford, C~irems W. Douglas, Chairman E. E. Wing MANUFACTURING COMMITTEEt: J. R. Lloyd K. B. Day, C~6rmasm F. H. Hale C. A. Kestlcr RECEPTION, ENTERTAINMENT and HOUSE D. P. O'Brien COMMITTEE: C. S. Salmon, Cbaarman LEGISLATION COMMITTEE: E. E. Selph, Cbasrmn SHIPPING COMMITTEE: C. S. Salmon E. M. Grimm, Chairman L. D. Lockwood H. M. Cavender C. G. Clifford Chester Sharp A. G. Henderson FINANCE COMMITTEE: INVESTMENT COMMITTEE: Verne E. Miller, Chairman P. A. Meyvcr, Chairm A. G Henderson C. S. Salmon J. C. Rockwell FOREIGN TRADE COMMITTEE: S. F. Gaches H. B. Pond, Chairman N. H. Duckworth Carlos Young claims in Provided, however, That if a parcel of land, by first, second, reason of the nature of the mineral deposits fourth and fifth found therein, is subject to either lode or placer location, the prior location of either class, validly made, shall prevail: Provided, further, That in case a placer location is made first, the locator thereof must thereafter make a lode location in order to secure the mining rights to lode deposits found within the boundaries of the placer claim: Provided, further, That in such cases the locator, or his successors in interest, shall be entitled to all minerals of the group for which the mining location or locations have been made or the lease granted, which may lie within his claims, but he shall not be entitled to mine outside the boundary lines of his claim continued vertically downward: And provided, finally, That the holder or lessee shall have preferential right to locate and lease any mineral deposits of any other group found therein. SEC. 39. Lode claims, whether located by one or more persons qualified to locate mining claims under this Act shall be located in the following manner and Manner and under the following conditions: conditions for Any person so qualified desiring to locate locating mining a lode mineral claim shall, subject to the claims provisions of this Act, enter upon the same and locate a plat of ground, measuring not more than three hundred meters in length by three hundred meters in breadth, in as nearly as possible a rectangular form; that is to say, all angles shall be right angles, except in cases where the boundary line of a previously surveyed claim is adopted as common to both claims, but the lines need not necessarily be meridional. In defining the size of a mineral claim, it shall be measured horizontally irrespective of inequalities of the surface of the ground. SEC. 40. A lode claim shall be marked by two posts, placed as nearly as possible on the line or direction of the lode or vein, and the posts shall be numbered Lode claims one and two, and the distance between posts marked numbered one and two shall not exceed three hundred meters, the line between posts numbered one and two to be known as the location line; and upon posts numbered one and two shall be written the name given to the lode mineral claim, the name of the locator, and the date of the location. Upon post numbered one there shall be written, in addition to the foregoing "Initial post," the approximate compass bearing of post number two, and statement of the number of meters lying to the right and to the left of the line from post number one to post number two, thus: "Initial post." Direction of post number two. --- —-----—..-... ----. ---. --- —--------—. —..... meters of this claim lie on the right and —. --- —---------------—.... --- —-- meters on the left of the line from number one post to nulmber two post." SEC. 41. When a (laim has been located the locator shall immediately mark the line betweell posts numl)er one and two so that it can be distinctly seen. The "Discovery locator shall also place a post at the point Post" where he has found minerals in place, or on the surface vertically above such point if the discovery be undergrollnd(l, on which shall be written "Discovery post": Provided, That when the claim is surveyed the surveyor shall be guided by the records of the claim, the sketch plan in the declaration of location made by the locator when the claim was located and recorded, posts number one and two, and the notice on number one, the initial post. In cases where, from the nature or shape of the ground, it is impossible to mark the location line of the claim as provided in this Act, then the clailm may be marked by placing posts as nearly as possible to the proper position of number one and number two posts, and noting thereon the distance and direction of such posts from such positions, which distance and direction shall be set out in the declaration of location of the claim. SEC. 42. In addition to the requirements of sections forty-six and forty-seven of this Act with regard to the placing of posts number one and two on the line Boundary line, of location, and to the marking of the line granting of permit, license, lease, or concession of such coal, or petroleum land, shall be limited to citizens of the Philippines, of legal age, or to associations or to corporations organized and constituted under the laws of the Philippines: Provided, further, That the provisions of Acts Numbered Two thousand seven hundred and nineteen, as amended, and Two thousand nine hundred and thirty-two, as amended, to the contrary notwithstanding, at least sixty per centum of the capital of such association or corporation-shall at all times be owned and held by citizens of the Philippines. All licenses, concessions, or leases for the exploitation, development, or utilization of such coal lands, or lands containing petroleum and other mineral oils and gas, shall be for a period not exceeding twenty-five years, renewable for another period not exceeding twenty-five years. SEC. 37. In the case of the first, second, fourth, and fifth groups of mineral lands, no locator, applicant or lessee shall be entitled to hold or lease in his, its or their Mineral lands own names or in the name of any person, in first, second, association, corporation, sociedad an6nima, or fourth and fifth limited partnership more than three contiguous lode mineral claims on the same vein or lode, or more than three contiguous placer mining claims, in the case of an individual, or more than three placer mining claims in the case of a corporation, an association, a sociedad an6nima, or a limited partnership on the same placer ground. SEC. 38. Mining claims of the first, second, fourth, and fifth groups may be located either as lode or as placer claims, depending upon whether the mineral deposits Lode or placer therein are found in lode or in placer form:

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 11 Corner posts between them, each locator of a lode mineral orStones marked claim shall blaze trees along the boundary line thereof by clearing or by marking the same with any other readily distinguishable signs or marks, and shall establish each of the four corners of the claim by marking a standing tree or rock in place, or by setting in the ground, when practicable, a post or stone. Each corner shall be distinctly marked with the name of the claim, the name of the locator, and the date of location, and with such words as to indicate that it is the northeast, southeast, southwest, or other corner, as the case may be, of the lode mineral claim concerned, and the posts or stones used to mark such corners shall be as follows: When a post is used, it must be at least fifteen centimeters in diameter or twelve centimeters on each side by one hundred forty centimeters in length, and where practicable, set forty centimeters in the ground and surrounded by a mound of earth or stone one hundred twenty-five centimeters in diameter by sixty-five centimeters in height; when a stone, not a rock in place is used,'it must not be less than thirty-five centimeters on each side by eighty centimeters in length, and must be set so as to project half its length above the ground; when a stone or rock in place is used, a cross must be cut in the stone, the arms of which cross must be at least twelve centimeters long, intersecting approximately at right angles and in their centers, the cutting to be at least two centimeters deep. The intersection of the arms shall constitute the corner. SEC. 43. It shall not be lawful to move number one post of a lode mineral claim but number two post may be moved by the mineral land surveyor when the distance between post numbered one and two exceeds three hundred meters in order to place number two post three hundred meters from number one post on the line of location. When the distance between posts numbered one and two is less than three hundred meters, the mineral land surveyor shall have no authority to extend the claim beyond post numbered two. SEC. 44. The "location line" shall govern the direction of one side of the claim, upon which the survey shall be extended according to the provision of this Act. SEC. 45. Placer mining claims may be of an irregular pattern following the meanderings of a creek, river, or stream; Provided, That on placer grounds not confined Placer mining to the beds of such creeks, rivers, or streams, claim patterned or on those extending beyond the banks thereof, placer claims shall be located in as nearly as possible rectangular form. SEC. 46. The locator of a placer claim shall post upon the same a notice containing the name of the claim, designating it as a placer claim, the name of each locator, Placer claim the date of location, the number of the marked corners of the claim, and the number of hectares claimed. He shall also define the boundaries of the claim by marking a standing tree, or rock in place, or by setting a post, stone, or monument at each corner or angle of the claim. The trees, rocks in place, stakes, stones, or monuments used to mark the corners or angles of a placer mining claim must be inscribed with a series of consecutive numbers, thus Corner No. 1, Corner No. 2, Corner No. 3, and so forth, in clockwise direction, and at least the four end corners of the placer mining claim shall be marked with the name of the claim, the name of the locator, and the date of location. The posts, stones, or monuments used to mark the corners of a placer minning claim must be of the dimensions required by section forty-eight of this Act for the posts, stones, or monuments to be used in marking the corners or angles of a lode mineral claim. SEC. 47. The record of a lode or placer claim shall consist of a declaration of location which shall contain, among others, the name of the claim, the name of Lode or Placer each locator, the date of location, the names claim, location of the sitio, barrio, municipality, province and declared island, in which the claim is situated, the words written on the number one and number two posts in the case of lode claims, and a true copy of the notice posted on the placer claim and shall recite all the facts necessary to the identification of the lode or placer claim, as well as a description of the claim as staked and monumented, showing the length and approximate compass bearing, as near as may be, of each side or course thereof, and stating in what manner the respective corners are marked, whether by standing tree, rock in place, post, or stone, and giving in detail the distinguishing marks that are written or cut on each, and also stating as accurately as possible, preferably by course and distance, the position of the claim with reference to some prominent natural objects or permanent monuments. SEC. 48. No lode or placer mining claim shall be recorded unless the declaration of location be accompanied by an affidavit made by the applicant or some Recorded lode person on his behalf cognizant of the facts or placer that the legal notices required by this Act mining claim for a lode, or a placer, claim have been posted upon the claim, that in the case of a lode claim mineral has been found in place therein, or in the case of a placer claim the ground thereby embraced is valuable for placer mining purposes, and that the ground applied for is unoccupied for mining purposes by any other person. SEC. 49. No lode or placer mining claim shall be recorded unless the declaration of location be accompanied by proof that the locator, or each of them, in case there be more than one, is a citizen of the Philippines, of legal age, or is an association, or a corporation organized and constituted under the laws of the Philippines, at least sixty per centum of the capital of which association or corporation is owned and held by citizens of the Philippines. SEC. 50. Proof of citizenship and of age under the clauses of this Act relating to location and lease of mineral (Please turn to page 13) PURE and HEALTHFUL Order from your Grocer or direct from ISUAN, INC. We Deliver Tels. 5-65-62 & 5-73-06 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

12 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 The Mouths of the Babes By E. Simpson Perennial should the world's wonder be at the folk who write books. Their naivete is colossal. A chance seed of an idea blows into thebrain. In due course of time, a book appears. These authors actually expect things to be changed thenceforth. You have laughed at a child's question, "Did God make spiders, too?" Books, and their makers, and the readers thereof as well, are (like almost everything, perhaps) slightly ludicrous. The best are compounded always of laughter and tears. If one volume alone has not breadth enough, another can be chosen to fulfill the gamut. Here are four variants of a theme: Influence of Women-And its Cure, by John Erskine Handbook for Prospectors, by M. W. von Bernewitz Half-Way Sun, by Tom Inglis Moore Education Before Verdun, by Arnold Zweig John Erskine's laconic title for his new book of essays is The Influence of Women-And Its Cure. The last three words, though, are not in such bold letters. The Erskine afterthought furnishes a delightful phrase. Alas, then the title promises too much; no remedy is supplied. Dedicated to the men of America ("those who remain"), the sociological study of modern American women is diffused with the dry wit of a veteran prestidigitator. "When men were forbidden to enjoy each other's society over the stimulating glass, they looked for less intellectual distraction and found it in the society of women. This idea is probably fantastic so far as it assigns motives to the women who supported Prohibition, but it is convincing." In this wise, everything unfortunate is attributable to the weaker sex. As the canny Erskine cannot fail to realize, the success of his book, too, will be due to them. Each will agree vehemently with his philippics against the idle, dilettante and domineering wives. And each will thank the stars that she was not created thus. Typical of Erskine's delectable imaginings is the dope from Diogenes: "I spoke of women, and I had in mind my wife. During the foolish period through which youth must pass, I agreed with her that the female is as intelligent as the male, and would make good use of liberty if she had it. I therefore bought her one slave for the housework and another to cook, expecting her to spend her leisure in conversation with me. But her neighbors held me up to their husbands as an example,-and shortly there were slaves in every house on our street, and when I came indoors there would all the women be, filling the place with clatter and plotting the gods knew what. I retreated to the woodshed, but my wife, who had not previously observed the availability of that compartment, filled it with flower-pots, for the greater charm of the home. My refuge at last was the tub, the only domicile she didn't care to invade." To those interested in mining-and who isn't I -the third edition of Handbook for Prospectors by M. W. von Bernewitz recently published by McGraw-Hill of New York may serve a larger purpose than its title indicates. Clearly written, by an engineer of much experience, the book can serve as reference to those who puzzle through reports pertaining to mines. An extensive glossary clarifies the terms of mining parlance. Practical in purpose, the chapters give a good picture of actual conditions likely to exist in the field. These the average backer and investor ordinarily cannot visualize. Though the particular situation in the Philippines does not enter into the writer's experience, his years in New Zealand, Australia, Netherlands Indies, the United States and Canada contribute to a broad view. Photographs, maps, sketches and tables also serve. Surely, my effete and modern friend, if you love life enough to follow it through the pages of such a book as T. Inglish Moore's Half-Way Sun, you would tighten your breech clout and lead your fellows from matted jungle into the hill-top dawn. You would thrill to the war cry, and be a taker of ten heads. On a moonlight night, would you steal softly inside an embowered ulog and play the love harp to a mountain daisy. Then jump off the edge where the pavement ends, and take a toe path to a place called Barlig. Pick up your spear and shield, and follow Kalatong, as doughty a hero as walks the pages of books, follow him through the hills of Bontoc, across the mountain tops of the Philippines to the portals of the Half-Way Sun. You won't be sorry. T. Inglis Moore, formerly a professor of English in the University of the Philippines, has, in the Half-Way Sun, written a good story and done a fine favor for all lovers of Filipiniana. If you would know life in the Philippines, don't overlook the pagans of the mountains of Luzon. Furthermore, if the life of an isolated people which has continued as primitive into the modern era is like a flash back to the early history of all humanity, you have, in the Half-Way Sun, opportunity for greater knowledge and deeper understanding. This story first appeared as a serial in the Philippine Magazine and has recently been published in book form by Angus and Robertson of Sydney, Australia.-F. J. P. Education Before Verdun is not a particularly engrossing title. Yet neither was Case of Sergeant Grischa. And that, as novel or as moving picture, is unforgettable. It is strange, in a way, with such fascinating new battles brewing, that the World War still furnishes the stuff of literature. Apparently Arnold Zweig works slowly. Too, there is the factor that the book had to be written over again in exile from Germany. Bertin, its hero, to use the conventional phrase, is shown in a time scheme previous to his befriending of Grischa. He offers a jug of water to thirsting enemy prisoners. From that time onward, he and others like him-all stricken by the inevitable brutalities of war-suffer persecution. Chance finds for him such comrades as can understand. In the background of the personal and human narrative of Bertin slowly rises the gradual thunder of discontent in all classes. The judge advocate with whom the deliberate death of young Christoph Kroysing is discussed shoots himself. He was the son of a renowned German jurist. A trooper, among the many who are standing by when the Crown Prince tosses packets of cigarettes from his car, grinds the precious package into the mud with his heel. A nurse slips a hospital meal to a groggy but unwounded soldier. Yet when Bertin attempts to tell the parents Kroysing of their son's death at the hands of his compatriots, he fails. He cannot destroy their illusion-Christoph died for his country. Of such truth is the novel, substantiating the theory that education is always painful. $,e I/a na a anc OM!/C ESTABLISHED 1812 Capital (Paid) - U.S. $127,500,000.00 Surplus - - - - " 30,000,000.00 Undivided Profits " 10,644,278.85 (As of Dec. 31, 1935) COMPLETE BANKING SERVICES MANILA OFFICE National City Bank Building L I IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 13 New Philippine Mining Act. (Continued from page 11) lands may consist, in the case of an indiviMineral lands dual, of his own affidavit; in the case of an locators and association of persons unincorporated, of the lessees affidavit of their authorized agent made on his own knowledge; and in case of a corporation organized under the laws of the Philippines, by the filing of a certified copy of its charter or certificate of incorporation, accompanied by the affidavit of any duly authorized representative of the corporation cognizant of the facts, certifying that at least sixty per centum of its capital is owned and held by citizens of the Philippines. SEC. 51. The form of declaration of location of a lode mineral claim and of the accompanying affidavit required by this Act shall be substantially as follows: DECLARATION OF LOCATION (LODE MINERAL) 1. The undersigned hereby declare and give.-.. notice.... that, having complied with the provisions of Act Numbered......... of the National Assembly, relative to the location of mining claims,...-............................-.... located............ -.......-..-.........-.... meters on a lode of mineral bearing rock in place, situated in the sitio of. —....-.............. - barrio of....-..-.......-.........-., municipality of...........-............, Province of -.... —.........., Island of..... ----....... —...., Philippines, and bounded as follows: On the north............................................................................... On the east.. —. -.................................... On the south................................................................. On the west _- ---- -------------....with an approximate area of -......-.. —. —... - - hectares. A sketch plan of the above described claim is drawn in the following blank space which shows, as nearly as may be, the shape and size of the claim, the position of the claim with reference to prominent natural objects or permanent monuments, the position of adjoining mining claims and the north-south direction line: HERE DRAW A SKETCH OF THE LAND. INDICATE THE NORTH DIRECTION BY AN ARROW 2. That the name of the above claim is the.................. --- ----—....................... - Mineral Claim, and that the same was located by......................-.... from.-...................... 19......., to............, 19......, inclusive, a total period of. —..-.-............ - days. As located, the claim has.............. corners. The locator —... desire -—, this mineral land for the purpose of extracting therefrom the following minerals: 3. That at the point where minerals were found in place, there has been set a -... post............. cm. X ----------- cm. by —...-.......- cm. in length, and marked "discovery post." 4. That location Post No. 1 is marked as follows: "Initial post." Direction and distance to Pest No. 2; -—........... bearing -.-...-.... meters.....-........ —. meters of this claim distance lie on the right and ----—........-. meters on the left of the location line from Post No. 1 to Post No. 2. Lode claim, locator -----...-......,..- -, date of location., 19...... lo a i n ----------------------------------------- ------------ 1 ----- 5. That location Post No. 2 is marked as follows: Location Post No. 2, -----.. --- Lode Claim;... ----. —. Locator Date of location 6. That corner No. 1 is situated -. --- —----------—..... --- bearing. ---.-. --- —.... — meters from —... -------------------—... distance and is marked ". -...... — - Corner No. 1 --.... --- —-------—......." Mineral Claim and is established by: f.. —.- tree -------. cm. in diameter\ (a) A \ marked fixed rock..-.... cm. X..... ---.. . cm.J with a cross. b)A.............-..- cm. in diametert (b) A --- —-..........-. post. \............cm. X... --- —------—..-..... cm. set approximately......-... cm. in the ground and surrounded (earth/ by a mound of ( )......... cm. in diam. by.-....... cm. \stonel in height. (c) A stone.......c....cm. X..... --- —. cm. X. --- —---- cm. in length, projecting.......-.... cm. above the ground. 7. That corner No. 2 is situated --------—..... meters from corner No. 1 and is marked ". --- —--- Corner No. 2.....-....... — " Mineral Claim and is established by:................ tree. --- —-—.. cm. in diameter (a) A marked fixed rock.-....... cm. X -- cm. with a cross. (b) A ----- set approximately.-..... earth by a mound of stone/ cm. in height. - post(.cm. in diameter). —....... --- post \ -—.....cm. X- - cm.... cm. in the ground and surrounded......-....-. cm. in diameter by...-.. — ~~LeetinF IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

14 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 (c) A stone........... ---cm. X.....-..... cm. X ----—.. ---cm. in length, projecting........- - cm. above the ground. 8. That corner No. 3 is situated ---------- meters from corner No. 2 and is marked "_ — ---- Corner No. 3........." Mineral Claim and is established by: - -- tree -----. cm. in diameter \ (a) A ) marked fixed rock.. --- —-..-cm. X ---- cm./ with a cross. - -cm. in diameter (b) A........-.......post set -—.... ----.. cm. X......cm. approximately --- —. - cm. in the ground and surrounded earth l by a mound of ( —. --- —. cm. in diameter by stone J.................... cm. in height. (c) Astone ------—..- cm. X...... ---- cm. X ----—.... cm. in length, projecting.. ----.. —. cm. above the ground. 9. That Corner No. 4 is situated -------------- meters from corner No. 3 and is marked "_ --- — Corner No. 4. " —. --- —" Mineral Claim and is established by: —.- tree -------— cm. in diameter (a) A marked fixed rock ----- cm.X ----- cm. with a cross. -. --- ——....... cm. in diameter) (b) A — postcm L ----.. cm. X ---------—. ---- cm. set approximately —. --- —.. cm. in the ground and sur[earth rounded by a mound of - -( -.. —.-.... --- in diameter stone by -. ---.-.. cm. in height. (c) A stone..-........... cm. X...... ---- cm. X...... ---- cm. in length, projecting....-...-.. —. cm. above the ground. Witness: Locator P. O. Address Agent Witness: P. O. Address........................................................ P. 0. Address AFFIDAVIT UNITED STATES OF AMERICA COMMONWEALTH OF THE PHILIPPINES Municipality of -............... \ ) ss. Province of..-. — ----------------... —...-.-.-.. --- — ------ ---. being first duly sworn, deposes and says: That -......- - —. --- —-—.. ---. citizen. —......... ----... of the..... —...-...-._...._., and.... —........ of legal age; That the affiant -- elocator That the affiant..the laent ) of the said............................-.-.-....-........... -. who -....-........the locator -................... and.................................... cognizant of the facts of the above-mentioned Mineral Claims; That all the notices and posts mentioned in the foregoing Declaration of Location of the............ Mineral Claim have been put up; That the corners of the said Claim have been established and marked as therein described; That mineral has been found in place in the above-mentioned claim; and That the ground within the boundaries of said Claim is unoccupied by any other person for mining purposes. Locator Agent Subscribed and sworn to before me this.-......... --- —- day of.-.... -----------—....., 19 -----—, affiant exhibiting his cedula No -- -, issued at ------------------, on the --------. ---.- day of -----------—,........ - —, 19..... SEC. 52. The form of declaration of location of a placer claim and of the accompanying affidavit required by this Act shall be substantially as follows: DECLARATION OF LOCATION (Placer) 1. The undersigned hereby declare ----—.-. and give --—.notice that, having complied with the provisions of Act Numbered..-... --- — of the National Assembly, relative to the location of mining claims,....... --- —-—.. ---- located certain placer mining ground, situated in the sitio of -----------—, barrio of ---------------------—, municipality of -------, Province of -------- —. —, Island of ------------, Philippines and bounded as follows: On the north ---..... ---- -------—. --- —------------------------............................................................................................................ On the east -----------............................................................................................................ On the south.. ---.................................................................................................................................. On the west.. ---. --- —-------------—. --------------............................................................................................................ with an approximate area of -----........-. hectares. A sketch plan of the above-described claim is drawn in the following blank space which shows, as nearly as may be, the shape and size of the claim, the position of the claim with reference to prominent natural objects or permanent monuments and the position of adjoining claims and the north-south direction line: HERE DRAW A SKETCH OF THE LAND. INDICATE THE NORTH DIRECTION BY AN ARROW 2. That the name of the above location is the.......... ---.................. Placer Mining Claim, and that the same was located by...-............-.. from..-............-......, 19........, to -----------—, 19.. —, inclusive, a total period of. —...-...... days. As located, the claim has -. --- — corners. The locator..-.... desire -—,... this mineral land for the purpose of extracting minerals therefrom. 3. That on the. —..-.. day of.............-...... —,19.... a notice of placer location was posted upon the claim of which the following is a true copy: "NOTICE OF LOCATION "The undersigned..........................- located at this place,.............. -..... -................. hectares of placer mining ground. The name of the said claim is the............... -----—.. - - Placer Mining Claim. Date of Location ----------- --.............. ---, 19 --- —(Please turn to page 18)

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 15 Luzon Stevedoring Co., Inc. Lightering, Marine Contractors Towboats, Launches, Waterboats Shipbuilders and Provisions SIMMIE & GRILK Phone 2-16-61 Port Area 1 I'1 BONDS All classes acceptable to United States and Philippine Governments INSURANCE Fire and every other kind of insurance FIDELITY AND SURETY COMPANY OF THE PHILIPPINE ISLANDS E. B. FORD President P. M. POBLETE SIMEON REYES Sec.-Treasurer Ast. Secretary-Treasurer MONTE DE PIEDAD BUILDING Plaza Goiti Tel. 2-12-55 Manila, P. I. I r I STOP That Abuse of your 4 Diesel Engine V The "SENTINEL" OIL FILTER with its "PERFECT GRADUATED CORE" will do that and save you MORE money in lubricating oil cost alone to pay for the filter installed. ------ Positive clean fuel is secured by the use of the "SENTINEL" OIL FILTER There is no dismantling of filters to clean! There are no moving parts! DIESEL FILTER CO., ASTORIA, OREGON ELMAC, INC. Agents 627 Rizal Ave. Manila Wherever Good Fellows Meet I I-, I I IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

16 16 ~~~THE AMERICAN CHAMBER OF COMMERCE JOURNALOcoe,13 October, 1936 CHARTERED BANKOFIDAAUTLA AND CHINA Capital.~.................... 3,000,000 Reserve Fund...................3,000,000 Reserve Liability of Proprietors...........3,000,000 MANILA BRANCH ESTABLISHED 1872 SUB-BRANCHES AT CEBU, ILOILO AND ZAMBOANGA Every description of banking business transaceed. Branches in every important town throughout India, China, Japanjava, Seraies Seetlements, Federated Malay Seates, French IndoChina, Siam, and Borneo; also in New York. The Bank's London Office undertakes Executor and Trustee business, and claims recovery of British Income-Tax overpaid, on terms which may be ascertained on application. Head Office: 38 Bishopsgate, London, E. C. C. E. STEWART, Manager, Manili Relax and Refresh yourself at Tiut I1III Manila 's Newest and Finest Bar Corner T. Pinpin and San Vicente ARCADE CAFE famous for food The Only Air-conditioned Bar and Restaurant in the Philippines 434 Rizal Avenue ALhk hA4T IP LA\ CI ICAIRS continue to be the recognized leaders in QUALITY cigars COII kON\w AS e AILk hlM 'i\b IAt R Y L -— S Superior Quaulity Dependauble Service RING upr i1S=C11 thke next time you need a Rubber Stamp or Dry Seal and our Salesman will call ]IPINTING COMPANY Li WL-d 4%-# Li %-X Sales Office: 2nd Floor IOU Escolft, R B B K R T A p S I o XY-ACETYLENE Welding & Cutting Equipment Philippine Acetylene Co. 281 CALLE CRISTOBAL, PACO MANILA, P. I. I a I I a a I I 0 1 11 -IN REP N I G T DV RIE E T LE S E TO H AM RI A CH M E F C M E C O R A IN RESPONDING TO ADVERTYSEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

AMERICAN CHAMBER OF COMMERCE JOURNAL Birdseve View of the Salacot Mining Property from the Mill Comprehensive Philippine Mining News Up to Date

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October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 17' Quarterly Review Looking over the mining industry at the 1936 three-quarter mark By RALPH KEELER Mining Section Editor Gets Bigger Job.ames Hopkins the general superinteno with the primary oi trail from Kilometer veins found existing complete with permi for Geologist Hopkit Mining has made remarkable progress during the past three months. Production has gone to unheard-of figures, reaching the four-million pesos mark in September for the first month in history, and the 1936 total for nine months nearly equaling the entire 1935 production. Two new lode operations have come into production, Big Wedge and East Mindanao, while Coco Grove, a Paracale placer operation, is also making regular shipments of the precious metal. The first large scale shipments of chromite were made, from the Florannie mines in Camarines Sur; the first order from the world's largest chrome deposit, at Masinloc in Zambales, has been placed. Substantial offers for copper have been placed through agents for Japanese metallurgical firms. More important, however, has been the creation of new mining laws. Three bills affecting the mining industry were passed by the assembly as one of the last acts of its first session. These laws provide for the conservation of the mineral resources of the Philippines, and regulate the exploitation of these resources; provide for the creation of a bureau of mines; and provide for safety devices and precautions for the protection of laborers in mine plants. Of these bills, of course, that regulating the ownership and development of mining claims, and fixing taxes and royalties, is outstanding. All minerals belong to the State (the regalian law), but are subject to any existing right, grant, lease, or concession at the time of the inauguration of the Government established under the Philippine constitution. This ought to establish the rights of most of the present mining companies to claims which were staked out before November 15, 1935. The question of rentals, royalties, and taxes has aroused considerable comment. The new law states that the lessee shall pay to the government for the privilege of exploring, developing, mining, extracting, and disposing of minerals the rentals, royalties, and taxes provided by law. The rates for these are established by the law, but it has been pointed out that it will be possible for the assembly to change the rates at future sessions. The Bureau of Mines, as outlined in the bill creating it, will be a comprehensive organization which would be of vast help to the industry. The job of organizing such a bureau, however, is a (lifficult one. Just how it can be done with the P100,000 which the bill plrovides for 1937, remains to be seen. No onerous mining taxation is anticipated, the spirit of the legislation being one of encouragement and co6peration. The mining boonl has continued as never before. There are now more than 300 mining con(erns, incorporated and in the association stage, seeking minerals land metals of all kinds from one end of the Islanls to the other. Stock speculation has sladkened a. little, but the "get-rich-quick" fever is still running high. A number of new stock exchanges are proposed,,geologist and mining engineer, has resigned his post with Benguet Consolidated to become dent of the Quartc Hill company recently incorporated by 0. E. "Eddie" Hart and associates bjective of developing a group of 23 lode claims on the Amburayan river a short distance bI 57, where Mr. Hopkins reports first rate prospects indicated by samples assayed from the on the property. QuartZ Hill also has other properties in view. Its incorporation it ission from the insular treasurer to sell its shares to the public. This is a big step-up ns. and will soon be in operation. How these will affect the Manila Stock Exchange and the market in general, remains to be seen. Most spectacular of all happenings affecting the mining industry has been the bursting of the Albay region bubble. It will probably little console those who were victims of the work of a small group to know that the Albay salting campaign is one more flagrant case in the annals of gold throughout the world. The great diamond hoax which took place in the United States many years ago, with the scene of the salting in Colorado, and with dozens of financial leaders throughout the United States and Europe as its victims, is th- onnlv instance which this I 0 JwL 1865 * J The Sun Life Assurance Company of Canada has been providing protection and future security to policyholders and beneficiaries by means of a variety of practical life insurance plans. * To-day Agencies of the Sun Life of Canada encircle the globe - 133 Branch organizations are maintained in 39 countries on five continents and the Sun Life is doing business in 40 states of the U.S.A. * The international character of the company provides unique facilities for the service of its clients in whatever part of the world they may reside. * J There is a Sun Life Policy for every requirement and the Sun Life Representative in your community is at your service. 1 I e11 I RACE,tl SUN LIFE.. fCANADA 18I I1936, IN RESPONDING TO ADVERTISEMENTS PLEASE MENITION THE AMERICAN CFAMBER iF' CCOiMMERCE JOURNAL'"

18 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 writer can find in reference books which holds a candle to the Albay fraud. A casual estimate of the amount of money involved in the Albay salting shows that probably several million pesos have been neatly removed from the pockets of gullible investors. Those who purchased units in Cabit and in Bicol Gold, at P1,000 each, contributed some P600,000 to this pot. Those who bought these units at prices ranging as high as P6,500 teach, added a considerable amount more. The old saw to the effect that you can fool some of the people some of the time, some of the people all of the time, but not all of the people all of the time was never better illus-;trated. Many of those fleeced refused to believe the reports of competent engineers; some of the victims without doubt still think that it is all a big mistake, and that there really is gold where Mother Nature never put it. The whole affair should be a warning to investors to investigate before investing. It is a good thing for the industry that it was finally exposed. The genuine goldfields of the Islands remain unscathed by this gargantuan hoax. Nor does it touch the personal and business reputations of the directors and officers of the associations, innocently taken in. New Philippine Mining Act... (Continued from page 14) -------------------------—. ---. --- —-----------------------—.... --- —- -..... and is marked "-................... Corner No. 1 ------ Placer Mining Claim" and is established by: - - tree -. cm. in diameter (a) A marked fixed rock. --- —-cm. X ----—. ---- cm. with a cross. (-....-...... cm. in diameterA (b) A - post I set cm. X - cm. approximately.-....................... cm. in the ground and surearth rounded by a mound of -.. --- —- cm. in diameter by stone................................ cm. in height. (c) A stone. —. cm. X - ---- cm. X ---—.. cm. in length, projecting. —........ --- ----—...... cm. above the ground. 5. That corner No. 2 is situated...... -- meters from corner No. 1, is marked "................ Corner No. 2...-.-.-.. ---. ----.. Placer Mining Claim," and is established by: tree --- —-. cm. in diameter\ (a) A )marked fixed rock -..-.-. cm. X... cm./ with a cross. ( ---........... cm. in diameter (b) A-post set -...........cm. X.. --- —-. —. cm. approximately -..-.....-...... --- cm. in the ground and fearth\ surrounded by a mound of ( )-...... cm. in diameter stone/ by. —......-..... cm. in height. (c) A stone........ cm. X -........ cm. X. —.. ---. cm. in Locator By................................................................ ---Agent 4. That corner No. 1 is situated. ---........ --- meters from.-... --- —------—........ --- CRAELIUS DIAMOND DRILL TYPE "X" - - - - iWe are pleased to announce that we have been apI, pointed sole agents for THE SWEDISH DIAMOND ROCK DRILLING CO., builders of the well known |Craelius Diamond Drills. Dii rod clmp e -,,For immediate delivery from stock we can offer * P'e-...... -.-, d..CRAELIUS DIAMOND DRILL TYPE "X"-the E -, ideal drill for underground service. * On,4l e b.r 0!,,,t r o d T.'d -... -j.11'... - ": The advantages of this drill can be summarized as.- ~....I- 7 follows: A -rrv / / i t..... 1. Low weight-drill with airmotor-139 Ibs. /d I / 'lA re...r. | 4 t....n'e - ewo.,, 2. Mounted on column-holes can be drilled in any, '...... ~ direction. 1'i l.... | 3 3. Single control. 4. Even pressure on the bit automatically maintained. I.,................ -- 5. Low air consumption. CRAELIUS DIAMOND DRILL TYPE "X" Write Us For Details KOPPEL (PHILIPPINES) INC. MANILA ILOILO 75 Dasmarifias Muelle Loney IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 19 length, projecting........ — cm. above the ground. 6. That corner No. 3 is situated -............. meters from corner No. 2, is marked "Corner No. 3.... --- —-..... - Placer Mining Claim," and is established by: (a) A tree. —...... cm. in diametermak (a) A ( marked (fixed rock.......... cm. X —.... cm. / with a cross. -A ----p. cm. in diameters (b) A..-..-.... —..-.. post.........set -.- cm. X.- cm.. approximately —............. cm. in the ground and surrounded 'earth/ by a mound of —....-.. cm. in diameter by-..........stone] cm. in height. (c) A stone........-... cm. X —......... cm. X -...... cm. in length, projecting —......... cm. above the ground. 7. That corner No. 4 is situated.........- meters from corner No. 3, is marked "Corner No. 4....................... Placer Mining Claim," and is established by: -- tree.................... cm. in diameter\ (a) A )marked fixed rock --- cm. X.... —. cm. with a cross. (b).... cm. in diameter I ()......... pocm. X....-..s......-..- cm. I approximately.-.....- cm. in the ground and surrounded earth\ by a mound of ( ).....-. cm. in diameter by........ stone/ cm. in height. (c) A stone.-....... cm. X.....- cm. X..-......... cm. in length, projecting.........-. cm. above the ground. P. O. Address.-.. P. 0. Address.................... P. O. Address... P. 0. Address....................... P. O. Address -P.:O --- P. O. Address....-.-........ - P. 0. Address-P. 0. Address P.. Address - Locator By........... Witnesses: Agent AFFIDAVIT UNITED STATES OF AMERICA COMMONWEALTH OF THE PHILIPPINES Province of...... --- —------------------------—.............. ) ss. Municipality of..-........... / — -.. —.......-.. --- —.... --- ——. being first duly sworn, deposes and says: That. -- ---------------------- ---------------. --- —-- citizen....- of the.-.-..... ---...-. and -----...... of legal age; (locator\ That the affiant-........the of the said agent / who..-............. the locator...... and is cognizant of the facts of the above-mentioned Placer Claim: That all the notices and posts mentioned in the foregoing Declaration of Location of the................................................... Placer Mining Claim have been put up: That the ground described in the Declaration of Location is valuable for placer mining purposes; and That the land within the boundaries of said claim is unoccupied by any other person for mining purposes. Locator Agent Subscribed and sworn to before me this...-............ day of ---—. --- —-------------—.. --- —-—. —, 19 -.., affiant exhibiting his cedula No.......-, issued at -........, on the -.........-. -----—.. day of....-........ --- —...-19 —... SEC. 53. The mining recorder shall note on each instrument filed for record the year, month and day, and the hour and minute of the day on which the same was so filed, and after it has been recorded he shall endorse thereon or on the back thereof a certificate in the following form: OFFICE OF THE MINING RECORDER Provine (.......................... ---Dstrtof................................................ District of The within instrument was filed for record in this office at.......... o'clock...-....-. minutes.....-.. m. on the............ day of...............-..............a A. D...... -...-...-...... and has been recorded in Book No..................... of the records of Mining Claims on page No.............-.-... Paid under official receipt No............. dated.-.......... -—. in the amount of..................................... Mining Recorder or District Mining Officer SEC. 54. The register of deeds of the province concerned shall act as mining recorder for that province: Provided, however, That if circumstances so require, Mining Re- the President may appoint district mining corder and officers, or mining recorders or by adminisdistrict mining trative order impose the performance of the officer duties of the local district mining officer or mining recorder upon any official or employee in the public service. All such district mining officers or mining recorders shall be under the direction, supervision, and control of the Director of the Bureau of Mines in so far as their duties as district mining officers or mining recorders are concerned. SEC. 55. The Secretary of Agriculture and Commerce may establish mining districts, the boundaries of which shall, so far as is practicable, coincide with the Mining boundaries of the corresponding provinces, Districts but when local conditions so require two or more provinces or parts thereof may be included in the same mining district. EXAMINATION OF MINERAL PROPERTIES Minerals & Metals, Inc. Consulting Engineers, Managers & Operators Dr. E. M. de Villa 202 Brias Roxas Bldg. Consulting Geologist Phone 2-21-40. Manila IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

'20 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 SEC. 56. All declarations of location, affidavits, powers of attorney, and all other documents or instruments in writing, regarding or affecting the possession of Mining mining claims or any right or title thereto, Record or interest therein, shall be recorded by the mining recorder in the order in which they are filed for record, and from and after such recording, all such documents or instruments in writing shall constitute notice to all persons and to the whole world of the contents of the same. SEC. 57. If at any time the locator of any mining claim located under the provisions of this Act, or his successors or assigns, shall apprehend that his original Amended location notice or declaration of location was declaration of defective, or erroneous, or that the requirelocation ments of the law had not been complied with before recording, or shall be desirous of changing his boundaries so as to include ground not embraced by the location as originally made and recorded, and the locator, or his assigns, shall desire to conform the location and declaration of location thereto, such locator, his successors or assigns, may file an amended declaration of location in accordance with the provisions of this Act, with the mining recorder of the province or district in which such claim is situated: Provided, That such amended declaration of location does not interfere at the date of its filing for record with the existing rights of any other person or persons and that no lease on the mining claim affected has as yet been granted to him by the Government prior to the filing of the amended declaration of location. Such amended declaration of location, with the accompanying affidavit, shall be substantially in the following form: AMENDED DECLARATION OF LOCATION (LODE MINERAL) 1. The undersigned hereby declare....-. and give........ notice that, having complied with the provisions of Act Numbered.-......-.. of the National Assembly relative to the location of mining claims..-................................... amended the Declaration of location of the above-named mineral claim, and...-...... - located..........-.....-. —. ---meters on a lode in which mineral bearing rock has been found in place; situated in the sitio of..-................. --- — barrio of -...-.... -- -- -------... ---.... --- —--------------- municipality of.......-..-................... ----- Province of..-....-...., Island of....-... ------—., —, Philippines and bounded as follows:............................................................................................................ On the north...................... --- On the east............... -------- On the south -......................... --- —. ----------—.. On the west..-.... — ------------- with an approximate area of....-.............. —.... — - hectares. A sketch plan of the claim as amended herein is drawn in the following blank space which shows, as nearly as may be, the shape and size of the claim, the position of the claim with reference to prominent natural objects or permanent monuments, the position of adjoining mining claims, and the north-south direction line: HERE DRAW A SKETCH OF THE LAND. INDICATE THE NORTH DIRECTION BY AN ARROW I _ I I- I _! _ I i 9 DIESEL ENGINES LAND AND MARINE PUMPING PLANT ALL TYPES FOR MINING AND INDUSTRIAL USE OIL MILLS SPECIAL ALLOY STEELS Sole Agents WARNER, BARNES & CO., LTD. MANILA CEBU ILOILO BACOLOD i I I i I i I i i I i I i I I I i i I _ __ _ - ma IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 21 2. That the name of the above claim is the........................ -............................ Mineral Claim, and that the same was amended by...-........................from................ 19.. --- to. —.....-....-., 19 -..-, inclusive, a total period of -.. --—..- - days. As amended, the claim has -.-................. --- — corners. The locator........ holder........ desire -—. this mineral land for the purpose of extracting minerals found therein. 3. That at the point where minerals were found in place, there has been set a.-........... ----------- post.................. cm. in diameter by...........-.....- cm. in............ cm. X ----—.. ----- cm. length, and marked "Discovery Post." 4. That location Post No. 1 is marked as follows: "Initial Post." Direction and distance to Post No. 2, —. —....... - meters. -........... meters of this claim lie on the right and —.. -------- meters on the left of the location line from Post No. 1 to Post No. 2; -......-........ Lode Claim; locator or holder.. —........... date of original location.... --- —- 19 ---, date of amended location --------- 19..... 5. That location Post No. 3 is marked as follows:... --- —-- "......-..- Lode Claim; locator or holder....-...-. date of original location,. --- —.......... 19 -....., date of amended location -------------------- 19 —..." 6. That corner No. 1 is situated --—......... -- meters from ----—... - ------ and is marked "........ --- Corner No. 1...... --- —---—.. - --- Mineral Claim" and is established by: approximately.-.............- cm. / earth \ rounded by a mound of stone in the ground and sur--—....... cm. in diameter by ----.........-.............. cm. in height. (c) A stone.......... cm. X........ --- cm. X. --- —.... cm. in length, projecting....-........ cm. above the ground. 7. That corner No. 2 is situated -------------- meters from corner No. 1 and is marked ".. --- —---- ------..Corner No. 2 --—........................Mineral Claim" and is established by: ( - -- tree.-. cm. in diameter \ (a) A fixed rock.-............ cm. X......... —. cm. marked with a cross. post —.....- cm. —. cm...... cm. in diameter. ) set ---.. cmX -- ---- cm./ in the ground and surrounded approximately /earth \ by a mound of ( )..... - - stone -.. —...... -----—.... cm. in height. (c) A stone.-.....-.. cm. X -..... c in length, projecting....... ---- cm. 8. That corner No. 3 is situated —.... meters from corner No. 2 and is marked " Corner No. 3 ------......... is established by: cm. in diameter by m. X ------ cm. above the ground. Mineral Claim" and. cm. in diameter\.... cm./ / ---- tre (a) A, fixed rock with a cross. (b) A..... --- —-...p e. --- —... cm. in diametert ---- m. X cm. X cm. -- ------- tree. marked (a) A fixmed rockih a c s. marked with a cross. cm. X - ost - cm. in diameter' (b) A set. X -....... —... cm. approxim: post-.. cm. in diameter s et _m......-. cm. X................ cm. set.-.c....... cm. in the ground and surrounded cm. ately POWER-ECONOMY- PERFORMANCE THE MOST COMPLETE LINE OF PUMPING EQUIPMENT, SINGLE STAGE, AVAILABLE FROM OUR MANILA STOCK, FOR VERTICAL, SINKING AND HORIZONTAL SERVICE INCLUDING TOTALLY ENCLOSED ___ _ FAN COOLED, MOISTURE PROOF Sie Spee A A C I T I ES ELECTRIC MOTORS... _ GPM Ft. id. GPM Ft. H. MANILA STOCK -MANILA STOCK 4 x 3 3500 300 180 500 230 4 x 3 1750 700 130 350 170 4 x 212 3500 500 250 450 400 3 x 2'2 1750 300 130 150 145 2 x 2 1750 160 113 80 120 2 2 x 2 1740 200 90 100 110 4 x 3 1740 450 90 150 130 THE EARNSHAWS DOCKS & HONOLULU IRON WORKS P. 0. Box 282 60-118 Second Street, Port Area Branch Office Tel. 2-32-13 Manila, P. I. Bacolod, Occ. Negros I L — - - — ~-~- ~~ —~- --- - _ IN RESPONDING 7O ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

22 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 earth by a mound of . - cm. in diameter by....... —. stone ] --—.................... cm. in height. (c) A stone............... cm. X....... --- cm. X ----—..... cm. in length, projecting. ---....-....... - cm. above the ground. 9. That corner No. 4 is situated -....-.. --- —--- --—. --- meters from corner No. 3 and is marked "_-... --- —--—.. —... — corner No. 4........................-.............- Mineral Claim" and is established by: ( - tree......- - - cm. in diameter (a) A fixed rock -...-...- cm. X........ --- —------ cm. marked with a cross.. —. ----.......... cm. in diameter (b) A.......-........post -.-..... cm. X -.. --- —- cm.) set approximately..-......-.....-... -. cm. in the ground and earth surrounded by a mound of........-...-.........-.... cm. in stone diameter by.-.................. cm. in height. (c) A stone............... cm. X ----—..... cm. X. ----...... cm. in length, projecting......-...... cm. above the ground. 10. That the amendment is made for the following reasons: Witness: P. 0. Address Locator Holder B y............................ A gent P. O. Address Witness: P. O. Address AFFIDAVIT UNITED STATES OF AMERICA COMMONWEALTH OF THE PHILIPPINES Province of.-... --------- Municipality of M unicipality of -------------------------------------- I CROSSLEY DIESEL ENGINES CROSSLEY HORIZONTAL LOW SPEED ENGINES sold since 1911 are still giving satisfactory service after 24 YEARS OF UNINTERRUPTED SERVICE IN THE PHILIPPINES Best suited for Ice Plants, Oil Mills and other Plants requiring 24 hours service Sole Agents: SMITH, BELL & CO., LTD. Cebu - MANILA - Iloilo.............. --- —-. ---. -. ------- being first duly sworn deposes and says: That. --- —..-... --- —-. —.-. citizen ----- of the........-.... --- —--—; and...-.... of legal age: (locator —... That the affiant.........-................ the holder..... of the,agent ---— j — said. —. —.., — who.. --- —-.. --- —..- the locator —. — holder -..-.- and.........-....- cognizant of the facts of the above-mentioned mineral claim: That all the notices and posts mentioned in the foregoing Amended Declaration of Location of the.........-....... - Mineral Claim have been put up; That the corners of said claim have been established and marked as therein described; That mineral has been found in place on the above-named claim; That this Declaration of Location, as amended, does not interfere, at the date of its filing for record, with the existing rights of any person or persons. Lessee, Holder, Locator Agent Subscribed and sworn to before me this.-........ day of............... 19......-, affiant exhibiting his cedula No........ ---........-.. issu e d a t - —........... -- - o n th e -............... day of................... 19...... L J. ARREGUI BENEDICTO INC. Investments-Securities-Promotions 107 Crystal Arcade - MANILA - Tel. 2-11-49 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 23 AMENDED DECLARATION OF LOCATION (PLACER) 1. The undersigned hereby declare....- and give..-.- notice that, having complied with the privisions of Act Numbered... ---.. —..... of the National Assembly relative to location of mining claim, -......-...- - amended the Declaration of Location of the above-mentioned mining claim, and. —...-... located certain placer mining ground, situated in the sitio of ------------------—, barrio of ---- municipality of.-..,..........-.... —. -, Province of.-..............,............. --- —-—. - Islands of..-.................. - Philippines, and bounded as follows: On the north..... --- —-----------------—... On the east.-.... --- -—... -- On the south -. ---. --- —------- ------ ----- On the west ------------ with an approximate area of......... --- - hectares. A sketch plan of the claim as amended herein is drawn in the following blank space which shows, as nearly as may be, the shape and size of the claim, the position of the claim with reference to permanent natural objects or permanent monuments, the position of the adjoining mining claims, and the north-south direction line. HERE DRAW A SKETCH OF THE LAND. INDICATE THE NORTH DIRECTION BY AN ARROW!2. That the name of the above location is the --—. --- —-----........ -................. Placer Mining Claim, and that the same was amended by........-. —............... from........... -— 19 -..- - 9, to. --- —--------------- -., 19 -..-, inclusive, a total period of --—.... days. As amended, the claim has ---------- corners. The locator -—. or holder ---- desire.. — this mineral land for the purpose of extracting minerals found therein. 3. That on the..... ----. day of ---—....... -, 19 —.., a notice of placer location was posted upon the claim of which the following is a true copy: "NOTICE OF PLACER LOCATION "The undersigned.....-......-...... --- —-- - located at this place,................... --- —-- - hectares of placer mining ground. The name of the said claim is the........ --- — -Placer Mining Claim. Date of original Location -, --- —- 19-, date of amended location ------—. - -- ------------- -, 19 -------- Locator "By....................... --- —Agent 4. That corner No. 1 is situated............. --- —-—. — meters from.. --------—.. --- —-----------------------—..-...... and is marked "Corner No. 1 -......-........ Placer Mining Claim," and is established by: ------ tree.-.... cm. in diameter' (a) A fixed rock. ---- cm. X ---. --- —.- cm. marked with a cross. -. cm. in diameter/ (b) A..- post............ cm. X..-.... ----. cm.) set approximately..-.. --- cm. in the ground and surroundearth ed by a mound of -- -..- cm. in diameter by stone -........ --- —-—....... cm. in height. (c) A stone.. ---...... -- cm. X.......... ---- - cm. X -.............. —.. cm. in length, projecting......-...... ---- cm. above the ground. (Please turn to page 26) I TRY NOW CCRCNAS TABACALEA PHONE 2-25-77 GORDON W. MACKAY C. F. McCORMICK MEMBERS, MANILA STOCK EXCHANGE BAGUIO OFFICE CHAMBER OF COMMERCE CABLE ADDRESS BUILDING MtACIKAY AC IACCORMICK "CIMROC" TELEPHONES SHARE BROKERS 2-15-57 2-15-58 34 ESCOLTA P. O. BOX 2-15-59 2688 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL.

THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 COMPARATIVE INCREASES &- DeCREASES IN PRODUCTION OF LEADING PHILIPPINE PRODUCTS SHOWN IN PERCENTOES LEGEND GOLD PALAY SUGAR OIL& COPRA, F 4- iii

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL The Abra Mining District 25 Gold is known to exist throughout a wide field in Abra. Pagans of Abra get out gold and use it in barter, as they have done immemorially; the rock of the mountains and the gravels of the streams contain it; for several kilometers on either side of an axis through the prospected region, it is said to be practically impossible to gather any soil whatever, even humus under pine trees, that will fail of some indication of gold. At Lacub, following failure of this year's rice crop the Tinguians have specialized in mining and washed thousands of pesos worth of gold from the rich pockets, veins and placers. In prospecting, too, samples often run very high-even hundreds of dollars to the ton. In contrast to this, Benguet Consolidated has temporarily abandoned its exploration and development work on the claims of the Abra Mining Company, after prolonged effort with no expense spared to develop ore enough to supply a mill, say of at least the capacity of 50 tons a day. Nor has Benguet Consolidated even installed a small mill, the so-called pilot type, which might at least return the company the money it has expended; and the reason it has not done so seems to be that good ore even for such a small mill has not been developed. It reports that quartz veins discovered are narrow, a few inches wide only, and a great deal of sterile material mingles with the ore in the digging of tunnels following the veins. The softer oxidized ore is shallow; soon very hard ore, costly to mine, is reached, apparently containing no higher values. In contrast with this experience, readers will recall the time 3 years ago when George Cushing, one of the original explorers of the Abra region, installed a small mill on the Abra Mining property, operated it profitably and was still on ore when Benguet Cons. took it over. Also, we learn that a small mill has recently been ordered, perhaps installed by this time, for a neighboring property. There is current, also, revived interest in the whole Abra field; there are new companies, and old ones renewing activity. What readers should bear in mind is all of the experience of nliining companies in the Abra region to date. To us, the utnmost it indicates is the practicability, on some properties, of smnall mills, say the 10-ton type, where overhead is very little anid general expense may be minimized. For such mills, no great quantity of ore need be blocked out ahead; the mills can l)e moved at small cost, from time to time, to places where the ore is most plentiful; and on a small amount of capital, with fair luck such mills might pay satisfactory dividends. At the same time, there is always the possibility that in working the veins to supply such a mill, strikes at last justifying larger mills may be made. Our information pertinent to the Abra region to date leads to the conclusion that the capital should be limited even for properties embracing many claims, 100 or more; and companies organized with larger capital would do well to conserve it carefully and test every technician's conclusions before entertaining ambitions for large mills with heavy overhead and potential large production. When anything modifying this reaches us, we will report it at once. The last word about the Abra field has undoubtedly not been uttered. The primary experimental stage of mining there has not been passed. -Walter Robb. Ui5he REAL SMOKERS PREFER THEM TABACALERA CIGAR TELEPHONE 2-25-77 ------ HAIR, LITTLE & PICORNELL Successors to Hair & Elliott A GENERAL BROKERS Members of Manila Stock Exchange Insular Life Bldg., Plaza Cervantes Tel. Address: "Brokerage" P. 0. Box 1479 Tels. 2-18-44 & 2-18-45 Correspondents: New York. Honolulu t7 San Francisco. Chisholm & Chapman Dean Witter & Co. ray a vIN KRESPONDIN TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL OF OM M RCEJOURNAL

26 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 New Philippine Mining Act.. (Continued from page 23) 5. That corner No. 2 is situated.-...... --- —------------------ meters from corer No. 1, is marked "_- -..-.....- —...- Corner No. 2.-........................- - Placer Mining Claim," and is established by: f. --- ——.. tree.. ---. --- —-.. ---..- cm. in diameter\ (a) A ( \fixed rock.....-..-..... cm. X —......-.......... cm./ marked with a cross. ( --- -----—... cm. in diameter\ (b) A.....................post............ cm. X ----------- cm./ set approximately............ --- —------- cm. in the ground earth\ and surrounded by a mound of..-.-.cm. in diameter stone by - --. cm. in height. (c) A stone...-........... cm. X............ --- —---- cm. X ------ cm. in length, projecting -------- cm. above the ground. 6. That corner No. 3 is situated. --- —--------- meters from corner No. 2, is marked ".-..... --- —- Corner No.-. 3.-...-.-... --- —- Placer Mining Claim," and is established by:.( -. --- tree --------—.. cm. in diameter. (a) A ) marked fixed rock ---- cm. X >- -—. cm.) with a cross. (-. ---- ----- cm. in diameter\ (b) A ------ post ) set cm. X -----— cm./ approximately —.....- ----- cm. in the ground and surrounded /earth1 by a mound of (stone\.....-. cm. in diameter by —...... \stone/ cm. in height. (c) A stone ---- cm. X ---- cm. X. --- cm. in length, projecting --—.... —..-.. cm. above the ground. 7. That corner No. 4 is situated -------—. --- —---- meters frcm Corner No. 3 is marked "-....................... Corner No. 4 -....-......... --- Placer Mining Claim," and is established by: -.. ----.-. - tree --------------—. cm. in diameter (a) A \fixed rock... --- —..... --- cm. X -........... --- —-... cm.. marked with a cross. -cm. in diameter (b) A................post ) set -—.... cm. Xcm./ approximately....... --- —- cm. in the ground and surrounded /earth\ by a mound of (............ cm. in diameter by...- cm. \stone/ in height. (c) A stone.-.....-. cm. X.... cm. X.....-..... cm. in length, projecting -... --- —---—.. --- —-.... --- — cm. above the ground. 8. That the amendment is made for the following reasons: anwd Uf*i on OSRAM-[-Lamps. These are the latest lamps which give the maximum amount of light. Up to 500~/ more light than the so called "cheap" lamps of inferior quality. Save your eyes! Always use the new OSRAM-Ql-lamps! ACDAM.[lrli Mor ligh t t the same cost by the new OSAM - M - lamps. SMITH, BELL & CO., LTD. Sole Representatives MANILA ILOILO P. 0. Address P...-. 0. Address. (Please turn to page 28) ELLIS, EDGAR & COMPANY STOCK AND SHARE BROKERS Members: MANILA STOCK EXCHANGE 201 NATIONAL CITY BANK BUILDING MANILA Branch Office: BAGUIO TELEPHONES: Mrs. M. J. S. WALKER, Manager 2-29-64 (4 Lines) BAGUIO CHAMBER OF COMMERCE BLDG. TEL. ADDRESS: TELEPHONES: 192 and 193 "ELLEDCO" MANILA IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 27 Mining During the Month Sulu Copper An association composed of B. H. Berkenkotter, P. A. Gulick, and W. Ick, has acquired the property of the Sulu Copper, Inc., and will operate it on a 50-50 profit-sharing basis. Sulu Copper was formerly the Sulu Mining Association; its property is located on the Sulu archipelago. The entire output of the property has been tentatively disposed of to Amalgamated Minerals, Inc., of Manila, who act as agents for foreign ore buyers. Enough ore is available now to make trial shipment of 2,000 tons, Dennis Scott, engineer for the Berkenkotter group, has reported. Ambassador The capitalization will be raised from P500,000 to P1,250,000, and it is planned to build a small mill to handle the ore from other properties adjoining Ambassador as well as the company's own product. Pilar Copper Amalgamated Minerals, Inc., has contracted for the entire output of the Pilar Copper Mines, of Iloilo. It is expected that between 25,000 and 35,000 tons of ore can be mined during the next two years. The price to be paid will be around T10 per ton. Cabit and Bicol Gold Results of recent examinations at both of these properties in the Albay district have been so unfavorable that all development work has been stopped. Reports made during the past year as to ore reserves have been found to be entirely misleading; no ore is blocked out at either place worth a tinker's dam, two unfooled engineers independently report, R. Y. Hanlon and Milton Sutherland. Marsman Paracale Prospects Preliminary prospecting has been started by Marsman and Company on three properties in the Paracale district: Mother Lode, Gumaus Goldfields, and Southern Paracale. Not enough has been done on any of these to warrant any definite statement as to future possibilities. I. X. L.-Argos This flotation plant, operated by the Soriano interests, is treating between 70 and 80 tons a day. Concentrates from the plant are treated at the I. X. L. mill nearby in the Masbate district. Development work at I. X. L.-Argos is being financed entirely by the gold produced from development ore. Consolidated Mines The first order for chromite ore from the company's Masinloc deposit has been received by Benguet Consolidated, which operates it on a profit-sharing basis. This order was for 28,000 tons, to supply the 1937 and 1938 needs of a firm in the United States. Coco Grove A new 8 or 10 cubic foot bucket dredger will be purchased for this operation. It has been found necessary to order this dredge because of the difficulties encountered with clayey ground. The new dredge will be equipped with a specially-designed trommel screen for handling and removing gold values from clayey material. Valley Placer Detailed testing work has been started on the company's placer property; equipment for this work was purchased and tested in Manila before being shipped. The deposit is said to be ideal (Please turn to page 42) g stOP THAr I A (OLD WITH E S L5wD b iJ MoN K g IS, 0l lMR ROLLER-SMITH PRECISION ASSAY BALANCES MODEL C FAST READING BALANCE WITH A TOTAL RANGE OF 0 TO 20 MILLIGRAMS With Vernier and Magnifying Glass for Accurate Reading Down to.005 Milligram AVAILABLE FOR IMMEDIATE DELIVERY FROM STOCK Philippine Engineering Corporation Exclusive Distributors 109 PLAZA STA. CRUZ CEBU MANILA - ILOILO I...... V.. V -.1 _ —.-Vt IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

28 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 New Philippine Mining Act... (Continued from page 26) P. O. Address P. O. Address P. O. Address P. 0. Address P. 0. Address. P. O. Address P. O. Address That. ------------------ citizen-.- of the. -..-...-................. and ---- -- - of legal age: (locator........ That the affiant.....the holder........ of the said.......- —. \agent.........-/ who.....................-......... the locator........ holder... and..-..... — ---------- cognizant of the facts of the abovementioned Placer Claim; That all of the posts and notices mentioned in the foregoing Amended Declaration of Location of the.......... —.... -............-... —..-..- Placer Mining Claim have been put up; That the ground described on the Amended Declaration of Location is valuable for placer mining purposes; That this Declaration of Location, as amended, does not interfere, at the date of its filing for record, with the existing rights of any person or persons. Locator Holder Agent (Locator) (Holder) Witnesses: By -.. AFFIDAVIT UNITED STATES OF AMERICA COMMONWEALTH OF THE PHILIPPINES Province of..... ---- ----- --- --- ------- -- M unicipality..... ---- ------- sworn, deposes and says: (Agent) Subscribed and sworn to before me this —..... — day of —..-.-........... —.-. 19 -...., affiant exhibiting his cedula No. -... —.... -- issued at -------—......... on the -—..-... - day of....-.... 19 -.. SEC. 58. There shall be paid to the provincial treasurer or to the mining recorder duly authorized to receive payments, a fee of three Philippine pesos for each Fee on original or amended declaration of location declaration of a mining claim, for each affidavit accomof location panying such declaration, and for each power of attorney, document, or instrument in writing, regarding or affecting the possession of mining claims or any right or title thereto, or interest therein, filed for record, and on the presentation of the receipt of the provincial treasurer or mining recorder duly authorized to receive (Please turn to page 30) \ J being first dull New JA-45 JACKHAMER USES LESS AIR DRILLS FASTER Ingersoll-Rand AN IMPROVED lua I The JA-45 can be furnished in we t and blower styles. It weighs approximately 45 pounds, and its length is about 21 inches. VALVE You can get 113 more drilling with the same air. The Earnshaws Docks & Honolulu Iron Works MANILA, P. I. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 29 I I i I DPV\EVD rIz PIONEERS IN GEOPHYSICAL SURVEYING + A highly specialized staff is available, ROGER W. CLARKE-Pres. MARK E. HUBBARD HORACE S. MOORE FREMONT F. CLARKE WILLIAM W. LOWRY CHESTER M. PETERS GEORGE L. OATES WILLIAM W. IRBY DON G. COPLEN NICHOLAS KNICKERBOCKER S. E. STEIN-Representing Southwestern Engineering Co. We are prepared to1. Render complete geophysical reports and maps. 2. Make complete geological examinations. I I I I I I I i 3. Manage and mining operations. 4. Manage and milling operations. supervise supervise +^ 5th FLOOR FILIPINAS BUILDING P. 0. Box 3230 MANILA Phone 2-17-46 -- IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

30 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 New Philippine Mining Act. (Continued from page 28) payments, the said declaration, affidavit, power of attorney, document or instrument in writing shall be recorded by the mining recorder: Provided, That the affidavit of the locator of the mining claim or of his, its, or their agent, required by this Act, have been filed and the fees herein required have been paid. The fees shall be accounted for as other collections of the officers receiving them, and deposited to the credit of the proper province or municipality, as the case may be, in accordance with the next following section of this Act. SEC. 59. Fifty per centum of the fees collected by authority of the preceding section shall accrue to the province, and fifty per centum of the same, shall accrue to the municipality in which the mining claim is located. In the case of chartered cities the full amount shall accrue to the city concerned. SEC. 60. No valid mining claim or any part thereof, may be located by others until the original Valid mines locator or his successors in interest abandons location the claim or forfeits his rights on the same under the provisions of this act. SEC. 61. Conflicts and disputes arising out of mining locations may be submitted to the Director of the Bureau of Mines for decision: Provided, That such Conflicts and decision may be appealed to the Secretary disputes of Agriculture and Commerce within ninety days from the date of its entry. In case any one of the interested parties should disagree from the decision of the Director of the Bureau of Mines or of the Secretary of Agriculture and Commerce, the matter may be taken to the courts of competent jurisdiction within ninety days after notice of such decision, after which time without the institution of such action the said decision shall be final and binding upon the parties concerned. SEC. 62. Any qualified person making a valid location of a mining claim, his successors, and assigns, acquires thereby the right of exploration and occupation Exploration from the date of the registry of the claims Rights in the office of the mining recorder; but he shall not be entitled to mine or extract minerals from the claim for commercial puposes until a lease is granted thereon as provided for in this Act: Provided, however, That if an application for lease of said mining claim is made, such application shall ipso facto serve to extend the period of such right until final action is taken thereon. SEC. 63. At any time prior to the granting of the lease on his mining claim a holder thereof may abandon the same by giving notice in writing to the mining recorder of his intention to abandon the same, and from the date of the record of such notice all his interests in such claim shall cease. CHAPTER VI.-Survey and Lease of Mineral Lands SEC. 64. The Director of the Bureau of Mines may designate competent mineral or deputy mineral land surveyors to survey mining claims for any necessary Deputy mineral purpose under the provisions of this Act. land surveyor He is also hereby empowered to fix the bonds of duly qualified deputy mineral land surveyors and to issue the necessary regulations governing the (Please turn page 33) Men of the Mines George W. Hezzelwood, formerly drain tunnel superintendent at Balatoc, and general superintendent at the Cabit Mining Association for a few weeks, is now on the technical staff of the H. A. Wendt Company. He will make his headquarters in Manila. * * * Charles Kurz, one-time cashier and accountant for the Robert Dollar Company and for the past 11 years treasurer of the Manila Trading and Supply Company, has also joined the Wendt interests, as treasurer. * * * J. L. Fleming, acting mine superintendent at Benguet Consolidated in the absence of Read Miller in the United States, has been appointed mine superintendent at Balatoc. He takes the place of J. V. Wood, who resigned recently. * * * F. S. Small, assayer at Balatoc, has resigned to join Antamok Goldfields. Elton Little, also of the Balatoc staff, has left that company to become affiliated with the Tuggle interests. * * * Richard W. Heindel arrived in Manila October 5 to join the Engineering Equipment and Supply Company as metallurgist. A graduate of the Colorado School of Mines, class of 1931, Mr. Heindel has had considerable metallurgical experience in Colorado and California. * * * George L. Cates, a new arrival in Manila, has joined the staff of Developments, Inc. He comes from Queen's University, Ontario. He was assayer for the Hollinger Consolidated Mining Company, the McIntyre Gold Mines, and has been engaged in exploration and development work in British Columbia since 1930. He was associated with Roger Clarke, president of Developments, in geophysical work in Ontario, Quebec, and British Columbia. * * * Frederick MacCoy, formerly general superintendent at Salacot, is now technical head of a new consulting firm, Mining and Metallurgical Engineers, Inc. Associated in this company are B. H. Berkenkotter, F. S. Parker, and C. Grinell. * * * Frank Burgess, connected with the H. E. Heacock interests in Baguio and in Manila for several years, joined Marsman and Company on October 1 as assistant to George C. Dankwerth, vice-president. * * * Oliver Faulkner of San Francisco has joined the staff of the Atok Gold Mining Company as mine accountant at the Big Wedge operation. For a number of years Mr. Faulkner was connected with the Chosen Corporation, one of the large producing mines in Northern Korea, near Manchoukuo. * * * Wendell W. Fertig of the Baguio Goldstaff, has been appointed chief engineer and geologist. He arrived in the Philippines a short time ago to join Baguio Gold's mine staff. * * * Don G. Coplen, graduate of the University of Washington, has joined the staff of Developments, Inc., as mining engineer. He has had many years' experience in consulting and operating mining work in the western United States and in Mexico. OLYMPIC MINING CO., INC. CAPITAL P200,000 Par Value Per Share One Centavo Ready to contract for the development of mining properties anywhere in the Islands C. M. PENA H. A. GIBBON President Office: 501 Heacock Bldg. Secy.-Treas. IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 31 7':e etter WUay to u6ticate The cAlemite Way: Quicker, easier, cheaper-and wheel bearings are really lubricated. The Alemite System does away with the tedious, messy, wasteful and too often neglected job of lubricating mine car wheels. With a centrally located "Service Station" equipped with the electrically operated 6110 Alemite Mine Car Gun, mounted on a 400-lb. MINE CARS drum of lubricant and a simple piping arrangement as diagrammed below, two men can completely lubricate the four wheels of a mine car in a matter of minutes. Old bearing plugs are permanently replaced with Alemite Giant Flush Type Fittings. As the lubricant is never exposed, contamination is impossible. For complete details of Power and Manually Operated Mine Car Guns address: MOTOR SERVICE COMPANY, Manila. MODEL 6110 MINE CAR GUN Universal type electric motor, 2 H. P., voltage up to 250. Automatic switch cuts out motor when pressure reaches 300 Ibs. Supplies 25 ft. of piping between gun and first outlet. C-157-J. R. K. I --- Head Frame at the Itogon Mining Company in the Baguio District One of the five producing plants under Marsman Management Marsman & Company is prospecting and developing mining properties in every part of the Philippines, and near Kowloon MARSMAN and COMPANY, INC. MINE MANAGERS AND OPERATORS Examining and Consulting Mining Engineers Insular Life Building-Manila Philippine Branches European Office Baguio, Mountain Province London, England Paracale, Camarines Norte Surigao, Mindanao In IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

32 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 Celotex will make a suitable background for any room in your home. It is neutral in color, yet lends itself to decoration, with paint, stencil, grooving, or beveling, adaptable to any period style. In room illustrated, Celotex is grooved in random width planking effect, excellent for studio living room or cabin interior. Besides interior finish, Celotex is insulation-keeps heat where it belongs: Outside in summer. Makes homes more comfortable throughout the year. Celotex is applied quickly, easily, at low cost, to old or new interiors. Many satisfactory installations in the Philippines. See us for complete information. Ask to see "Interiors that speak of Charm and Comfort." Sold by NORTON & HARRISON CO. MANILA WHY DO SOME PEOPLE ADVERTISE General Motors Says: "We invested $40,000,000 in newspaper advertising during the past four years. It made sales of $4,000,000,000 with net profits exceeding $400,000,000." Peter Michelson of the Bank of America: "Banks, like industry, are coming out of the depression through the use of printer's ink."' W. H. Kellogg, President of Kellogg Cereal Company: "The newspaper has been the backbone in our advertising field. The results have proved to us their value as prosperity builders." Jay Gould, President of Best Foods: "Newspaper advertising increased the sales of our company twenty per cent." C. H. Chester, President of General Foods Corp: "We are advertising our way out of the depression."... and hundreds of other prominent people have made similar statements. IF IT HELPED THEIR BUSINESS IT WILL HELP YOURS Advertising is not an expense... IT IS A PROFIT BUILDER. Manila Daily Bulletin IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OP' COMMERCE JOURNAL

4 - A C H R AMERICAN CHAMB A' u OF COMMERCE JOURNAL IClrp~E Crossing the Angat from Ipo Gold to Salacot, where further development is turning up more and richer ore Up to Date Commercial Reviews I - M -- - M

I _ Its Time To Think About Sending Those CORONAS for Christmas I LA INSULAR CORONAS Per box of 25 cigars P4.s50 All charges paid to any point in the United States. Christmas time is not so far away; will be on us before we realize how near it is. You are going to send cigars to the "folks back home" so why not place your order for them now? Send or give us the list of names and addresses of those to whom you want them sent and we will do the rest. Our CORONAS are now packed in handsome Bakelite boxes which make them more attractive as gifts. Why not send that list TODAY? LA INSULAR FOR THE 1936-37 SUGAR MILLING The Manila Railroad is ready with its equipment of powerful locomotives. flat cars for sugar cane. and box cars for sugar. to offer the usual efficient service the Sugar Centrals and Sugar Cane Planters have been enjoying in the past years. In addition to reasonable freight rates, our patrons know that we can haul sugar cane, and later sugar. in quantities. which assure uninterrupted milling by the centrals and adequate tonnage of sugar for export and domestic trade. SEASON For information, write to Traffic Manager, Manila, or ~ 'L RO~ r5 Call Traffic Department Tel. 4-98-61 Irformation, Local 42 City Office, Tel. 2-31-83 MANILA RAILROAD COMPANY 943 Azcarraga Manila IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 33 New Philippine Mining Act... (Continued from page 30) execution and verification of surveys of mineral lands in the Philippines. All applications for official surveys of mining claims shall be filed with the Director of the Bureau of Mines and the expenses of such surveys shall be paid by the applicants. They shall be at liberty to employ any such deputy mineral surveyor to make the survey at the most reasonable rate. SEC. 65. At the time of official survey the corners of mining claims shall be marked with concrete monuments, iron pipes, or with such other objects of a permanent nature as may be prescribed by regulations. SEC. 66. In all surveys the astronomical meridian shall be made within the limits of accuracy prescribed by regulations. After the technical adjustments have been made the resulting bearings and distances between consecutive corners as computed from the adjusted data, shall be adopted and recognized. SEC. 67. Any person authorized to locate a mining claim under this Act, having claimed and located a piece of land for mining purposes who has complied with Mining lease the terms of this Act, may file with the application Director of the Bureau of Mines an application under oath for a mining lease thereon, showing such compliance. A plan and a technical description of the mining claim or claims covered by the application shall be filed therewith or as soon thereafter as the same may be obtained from the Bureau of Mines under the provisions of this Act. In the case of an application to lease a mining claim located on private lands, the same shall be accompanied by a written authority of the owner of the land: Provided, however, That in case of refusal of the owner of the land to grant such written authority, the same shall be granted by the court as soon as the applicant deposits the amount fixed as the value of the land and as compensation for any resulting damage or files a bond to be approved by the court sufficient to insure the payment of the rental of the land as determined in accordance with section twenty-seven of this Act. Should there have been no proceeding instituted by the applicant, as provided for under section twenty-seven of this Act, the Court shall determine the value of the land and the compensation for any resulting damage or its reasonable rental for the purposes above mentioned and grant the written authority required herein. SEC. 68. Application for a lease on a mining claim shall be filed within two years from the date of the recording of the claim in the office of the mining recorder Time to file or within two years from the date of the a lase approval of this Act. Failure to file such application application within the period above mentioned shall be deemed an abandonment of the mining claim, and the land embraced within such claim shall thereupon be open to relocation in the same manner as if no location of the same had ever been made: Provided, That the original locator, his heirs, or his assigns, who has or have thus failed to file a lease application on the claim shall not be entitled to relocate, directly or indirectly, the land embraced within such claim, or any part thereof. SEC. 69. A single application may be filed, and a single lease may be granted covering one or more mining claims: Provided, That all such claims to be included Granted lease under one lease are adjoining or contiguous application to each other, and are held by the same holder:. Provided, further, That the total area or number of the said claims to be covered by a single lease shall not exceed the maximum area, or the maximum number of claims authorized to be held or leased in any province or district, or on the same vein, or on the same placer ground by any one person, association, or corporation. SEC. 70. All applications for mining lease shall be addressed to the Director of Mines, sworn to and shall state, among others: I - GENERAL MANAGEMENT COMPANY Tel. [phone] Regina Building MANILA Consulting Engineers Mine Operators m IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

34 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 (a) The name and post-office address of Complete the applicant, stating whether he is an indiapplication vidual, his first name and surname both submitted paternal and maternal, his birthplace, age and citizenship, and capital intended for the exploitation of the land, and if it is a corporation or association, stating its complete title and accompanying (1) a certified copy of the deed of partnership, its by-laws and rules; (2) a certified list of the stockholders and partners, with the details above specified in so far as the individual applicants are concerned, the number of shares he possesses and the amount he paid for them; (3) a certified list of its board of directors and executive officers, with the address of their offices and residences; and (4) in case there are foreign stockholders or partners, the total amount of the shares of each one of them in the capital stock. (b) That the application is made for the exclusive benefit of the applicant and not, directly or indirectly, for that of any other person whether natural or juridical who is disqualified to acquire a mining lease under the law. SEC. 71. The statements made in the application or made later in support thereof, shall be considered as conditions and essential parts of the lease that may be granted by virtue of such application, and any falsehood in those statements or omission of facts which may alter, change or affect substantially the facts set forth in said statements shall cause the cancellation of the lease granted. SEC. 72. Upon receipt of the application, and provided that the requirements of this Act have been substantially complied with, the Director of the Bureau Application of Mines shall publish a notice that such published application has been made, once a week for a period of three consecutive weeks, in the Official Gazette and in two newspapers, one published in Manila either in English or Spanish, and the other published in the municipality or province in which the mining claim is located, if there is such newspapers, otherwise, in the newspaper published in the nearest municipality or province. The first publication of such notice shall be made within thirty days after the filing of the application for lease, if such application is accompanied by an official plan and technical description of the claim or claims covered by the application and within thirty days after the filing of the official plan and technical description of the claim or claims covered by the application, if such application was filed in advance of the filing of such plan and technical description. The Director of the Bureau of Mines shall also cause to be posted on the bulletin board of the Bureau of Mines the same notice for the same period. The applicant shall post for the same period a copy of the plat of the claim or claims applied for, together with a notice of such application for lease, in a conspicuous place on the land embraced in such plat, on the bulletin board, if any, of the municipal building of the municipality, and also in the office of the mining recorder or district mining officer of the province or district in which the claim or claims are located; and shall file with the Director of the Bureau of Mines the affidavit of at least two persons stating that such notice has been duly posted in the places above specified. At the expiration of the period of publication the applicant shall file with the Director of the Bureau of Mines an affidavit showing that the plat and notice have been posted in a conspicuous place on the claim or claims concerned and in the places above specified during such period of publication, and thereupon, if no adverse claim shall have been presented to the Director of the Bureau of Mines, it shall be conclusively presumed that no such adverse claim exists and thereafter no objection from third parties to the granting of the lease shall be heard; and the lease shall within forty-five days be granted to the applicant, or to his successor or assigns, by the Secretary of Agriculture and Commerce, provided that all amounts then due the Government of the Philippines, or any of its branches or sub-divisions, under the provisions of this Act shall have been paid. SEC. 73. At any time during the period of publication, any adverse claim may be filed under oath with the Director of the Bureau of Mines, and shall state in Adverse full detail the nature, boundaries, and extent claim of the adverse claim, and( shall be accompanied by all plans, documents and agreeinents upon which such adverse claim is based. Upon the filing of any adverse claim all proceedings except the publication of notice of application for lease and the making and filing of the affidavits in connection therewith, as herein prescribed, shall be stayed until the controversy shall have been settled or decided by a court of competent jurisdiction, or the adverse claim waived. It shall be the duty of the adverse claimant, within forty-five (lays after filing his claim, to commence proceedings in a court of competent jurisdiction to determine the controversy and to prosecute the same with reasonable diligence to final judgment, and a failure to do so shall be considered as a waiver of his adverse claim. After such judgment shall have been rendered, the party whose right to a lease on the mining claim in controversy, or any portion thereof, shall have been established thereby, may, without giving further notice, file a certified copy of the judgment with the Director of the Bureau of Mines, and the description required in such cases, together with the proper fees, whereupon a lease may forthwith be granted thereon on such mining claim or on such portion thereof as the applicant may be entitled to under the decision of the court. If the decision of the court is that several parties are entitled to leases upon separate and different portions of the mining claim, the subject matter of the application, and such parties have theretofore applied therefor, leases may forthwith be issued to the said several parties according to their respective rights as determined by the decision. If in any action brought pursuant to this section a right to a lease upon any of the claim in controversy shall not be established by any of the parties, the courts shall so find and judgment shall be entered accordingly. In such case the clerk of the court rendering judgment shall file a certified copy of the judgment with the Director of the Bureau of Mines, whereupon the proceedings under the lease application shall be dismissed and the application denied. SEC. 74. Leases under the provisions of this Act shall be for a period not exceeding twenty-five years from the date of the execution of the lease contract, and shall be renewable under such terms and conditions as may be provided by law for another period not exceeding twenty-five years. The total period of any lease and the extension thereof shall not exceed fifty years. Such leases shall provide that the lessee may at any time during the life of the lease apply for the cancellation of the same, and surrender the property leased whenever, because of force majeure, or for other causes, it is impossible to continue profitable mining operations thereon. No such lease or renewal thereof shall be assigned or sublet without the prior consent of the Secretary of Agriculture and Commerce which shall be granted if the assignment or sublease is to such persons, associations, or corporations as have the qualifications required of locators, holders, or lessee under the provisions of this Act. SEC. 75. Leases may be granted covering mining claims located on private lands: Provided, That any exploration, occupation, use, or lease of any private land Mining claims pursuant to this Act shall be subject to the on private payment of compensation to the owner lands thereof as provided in this Act. SEC. 76. Subject to the provisions of Article XII of the Constitution, the maximum area that may be leased to a person, association, or corMaximum poration under the provisions of this Act in area leased one province any shall be as follows: (a) For lands of the first group containing metals or metalliferous ores: not more than four hundred fifty hectares containing minerals in vein or lode deposits for any individual, association, partnership, sociedad an6nima or corporation, nor more than four hundred hectares containing minerals in placer deposits for any individual, nor more than three thousand two hundred hectares containing minerals in placer deposits for any corporation, association, socie

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 35 dad an6nima or limited partnership: Provided, howevaer, That in no case shall the total number of lode mineral claims that a lessee may lease, exceed two hundred fifty in the entire Philippines. (b) For lands of the second group containing precious stones: Not more than forty hectares for an individual, nor more than three hundred twenty hectares for a corporation, or an association, sociedad ano)imla, or limited partnership. (c) For lands of the fourth group containing salines and mineral waters: not more than twenty-four hectares for an individual, nor more than one hundred ninety-two hectares for a corporation, an association, sociedad anonimla, or limited partnership. (d) For lands of the fifth group containing building stones in place, clays, fertilizers, and other nonmetals: not more than four hundred fifty hectares containing minerals in vein or lode deposits for any individual, association, sociedad an6nimna, limited partnership or corporation: Provided, however, That in no case shall the total number of such lode mineral claims exceed two hundred fifty in the entire Philippines: nor more than four hundred hectares containing minerals in placer deposits for any individual; nor more than three thousand two hundred hectares containing minerals in placer deposits for any association, sociedad anonima, limited partnership or corporations. SEC. 77. Every lease granted under this Act shall contain a clause by which the lessee shall bind himself to comply with the provisions of this Act and with such Clause on rules and regulations for the policing and lease granted sanitation of mines, easements, drainage, disposal of waste or tailings, water rights, right-of-way, right of Government survey and inspection, and other necessary means to their economic utilization, as well as such rules for the purpose of insuring the exercise of reasonable diligence, skill and care in the mining operation on the land covered by the lease, as may be promulgated by the Director of the Bureau of Mines and approved by the Secretary of Agriculture and Commerce, under and pursuant to the provisions of this Act. SEC. 78. Every lease granted under this Act shall be construed as granting to the lessee, his successors or assigns, the right to extract all mineral deposits of Rights and the group for which the lease or leases had Privileges of been granted within the boundary lines of lessee the claim or claims covered by the lease, continued vertically downward; to remove and utilize the same for his own benefit, and to use the lands covered by the lease for the purpose or purposes specified therein: Provided, That in the case of leases covering placer locations the lessee shall not be entitled to extract minerals from any lode or vein deposit found within the boundary of his, its, or their placer claims but the lessee shall have the preferential right to locate and lease such lode deposits. The same privilege shall be granted to lessee for minerals or mineral products belonging to different group or groups found therein upon the condition that the lessee shall first comply with the requirements of the law. Any such loca tion, occupation, use, or lease permitted under this Act shall reserve to the Government the right to grant or use such easements in, over, under, through, or upon lands so entered, located, occupied, leased, or used, as may be necessary to the working of the same, or of other mineral lands: Provided, That the Secretary of Agriculture and Commerce, il granting any lease under this Act may reserve to the Government the right to lease, sell, or otherwise dispose of the surface of the lands embraced within such lease, under existing law or laws, in so far as said surface is not necessary for use by the lessee in extracting and relnoving the mineral deposits from the land covered by such lease, or in beneficiation of the ores extracted therefrom, or from any other mining claim. The Secretary of Agriculture and Commerce, during the life of the lease, is authorized to issue such permits for easements herein provided to be reserved, and to permit the use of the lands covered by the lease, or of such other public lands, as may be necessary for the construction and maintenance of mills, mining camps, or other works incident to the mining and milling operations on the lands covered by any lease granted under this Act, or on any other mineral lands. SEC. 79. For the privilege of exploring, developing, mining, extracting, and disposing of the minerals from the lands covered by his lease, the lessee shall pay to the Privileges and Government of the Philippines, through the rents, royalties Collector of Internal Revenue, the rentals, and taxes royalties, and taxes provided by law. The rentals shall be due and payable in advance on the date of the granting of the lease, and on the same date every year thereafter during the life of the lease or any renewal thereof; the royalties shall be due and payable within sixty days after the shipment of the mineral or mineral products from the mines; and the tax at the time and in the manner all other real estate taxes are payable under the law. Before the mineral or mineral products are removed from the mines, the Collector of Internal Revenue or his representatives shall first be duly notified thereof. The rentals, royalties, and taxes, shall be as follows: (a) Rentals.-On all mineral lands of the first, second, fourth and fifth groups provided for under this Act-one peso per hectare or fraction thereof. Fifty per centum of all the rentals collected shall accrue to the province, and fifty per centum, to the municipality in which the mining claim or claims is or are located: Provided, That in case of chartered cities the full amount shall accrue to the city concerned. (b) Royalties.-On all minerals extracted from, or mineral products of, mineral lands of the first, second, fourth and fifth groups as provided for in this Act-a royalty of one and one-half per centum of the actual market value of the gross output thereof; Provided, That in the case of gold mines, their annual gross output shall be subject to a royalty of one and one-half per centum when the value of the said output does not exceed five hundred thousand pesos; two pei centum when thevalue exceeds five hundred thousand pesos but does not exceed one million pesos; two and one-half per centum when the value exceeds one million pesos but does not exceed one Whatever-Wherever the job-We can do it If it can't be moved we will do it on the spot... if it seems impossible-we ' \ will find a way. Electric or gas welding-hard-surfacing oil expeller parts-any metal —very type of work-at a low bid. _i=-* * ~ Years of experience guarantees complete satisfaction. efficient and modern up-todate equipment with our new 800 amp. Arc Welder recently installed in our I r shop assures excellent work. ~LECTRJC ARC (Portable Equipment for Outside Jobs) Fernandez Welding and Cutting Co., l 534 Aviles, Manila Tel. 2-26-95 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

36 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 million five hundred thousand pesos; three per centum when the value exceeds one million five hundred thousand pesos but does not exceed two million pesos; three and three-eighths per centum when the value exceeds two million pesos but does not exceed two million five hundred thousand pesos; three and three-fourths per centum when the value exceeds two million five hundred thousand pesos but does not exceed three million pesos; four and one-eighth per centum when the value exceeds three million pesos but does not exceed three million five hundred thousand pesos; four and one-half per centnm when the value exceeds three million five hundred thousand pesos but does not exceed four million pesos; four and three-fourths per centum when the value exceeds four million pesos but does not exceed four million five hundred thousand pesos; five per centum when the value exceeds four million five hundred thousand pesos but does not exceed five million pesos; five and one-eighth per centum when the value exceeds five million pesos but does not exceed five million five hundred thousand pesos; five and one-fourth per centum when the value exceeds five million five hundred thousand pesos but does not exceed six million pesos; five and three-eighths per centum when the value exceeds six million pesos but does not exceed six million five hundred thousand pesos; and five and onehalf per centum when the value exceeds six million five hundred thousand pesos: Provided, further, That the following rates of deduction from the royalties on the annual gross output of gold payable under the provisions of this section shall be allowed: (1) Fifteen per centum in the case of lode mines producing gold from ores which average less than ten pesos, but more than seven pesos per ton; (2) Twenty-five per centum in the case of lode mines producing gold from ores which average less than seven pesos per ton. The average value per ton of ore shall be determined by dividing the total gross output in pesos for any year by the total number of tons milled during that year for any particular lode mine. (3) Thirty-five per centum in the case of gold placer mines. The term "gross output" of mines or mineral lands shall be interpreted as the actual market value of mineral or mineral products, or of bullion from each mine or mineral lands operated as a separate entity without any deduc tion for mining, milling, refining, transporting, handling, marketing, or any other expenses. The output of any group of contiguous mining claims shall not be subdivided. All the royalties herein provided to be charged shall accrue to the general fund of the National Treasury, and shall be in lieu of the ad valorem tax on the market value of the output of mines provided to be levied and collected, under section fifteen hundred thirty-four of the Revised Administrative Code, as amended by Act Numbered Four thousand fifty-eight. In case mining is carried on upon private lands, the royalty due on the value of the output of such mines under any and all leases granted for the purpose shall be reduced by five per centum of the amount due to the Government under the provisions of this Act, which reduction shall be paid by the lessee to the said land owner. This privilege shall not be granted to any person acquiring an option on the surface right after any mining location has been made on the mineral found therein. (c) Taxes.-All buildings and other improvements built in the land leased, except machines, mechanical, electrical and chemical contrivances, instruments, tools, implements, appliances and apparatus, used in connection with the mining and milling operations on the land leased, shall be subject to an annual real estate tax which shall be paid at the rate and in the manner all other real estate taxes are paid under the law. Fifty per centum of the real estate tax collected as herein provided shall accrue to the province, and fifty per centum of the same shall accrue to the municipality in which the mineral land leased is located: Provided, That in the case of chartered cities the full amount shall accrue to the city concerned. In contracts of lease granted under this Act, it shall be provided that the rentals, royalties, and taxes, shall be payable in accordance with the provisions of existing law. SEC. 80. Failure to pay the annual rentals or royalties required by this Act for a period of ninety days after demand shall cause the lease concerned to Annual rentals lapse and the claim or claims, with respect or royalties to which such failure to pay was made, shall thereupon be open to relocation and lease by other persons qualified to locate and lease mining claims under the provisions of this Act in the same manner as if no location of the same had ever been made, unless the lessee, his heirs, executors, administrators, assigns or legal representatives shall have paid all such annual rentals and royalties due and have resumed work on the claim or claims after such failure and before such relocation: Provided, That no person who may be delinquent in the payment of any rental or royalty hereinabove required(l to be paid on any mining claim or claims held under lease may relocate the same or any portion thereof: Providled, further, That nothing herein contained shall preclude the Goverument from collecting any rental, royalties, or taxes duIe. SEC. 81. Any person, association, or (orporation holding a lease under the provisions of this Act shall perform during each year, while the lease is in force, not Lease holder less than two hundred pesos worth of labor, or of improvements, on each mining claim of tlie first an(d fifthgroup,and one hundre(ld pesos worth of labor, or of improvements on each claim of the second and fourth group: Provided, That in the case of a lease covering a group of two or more mining claims leased or held in common, the total amount of labor or iml)rovements required for the said group may be concentrated on any one of the said group, either on the surface or under the ground. The period within which the work require(l to be done annually on all mining claims shall commence on the first (lay of Jarnuary suc(ceeding the (late of the granting of the lease on the saidl (claim or claims, and shall be completed on or before the thirty-first day of December of the same year: Provide(d, further, That failure to perform the annual labor or improvenments requfired(l herein shall constitute al)an(lonment on the part of the holder alnd the land shall be subject to relocation by other p)ersons. I I i I I i I FOR PROTECTION AGAINST COMMERCIAL AND PERSONAL LOSSES we provide COMPLETE INSURANCE SERVICE at competitive rates and liberal conditions FIRE-EARTHQUAKE-MARINE-AUTOMOBILE PERSONAL ACCIDENT-EMPLOYERS LIABILITY BAGGAGE-PLATE GLASS-ETC., ETC. CALEDONIAN INSURANCE COMPANY LEGAL & GENERAL ASSURANCE SOCIETY LTD. NORWICH UNION FIRE INSURANCE SOCIETY LTD. Over a Century of world wide experience with reputations and financial security second to none. GUTTRIDGE & CHAMBERS INC. GENERAL AGENTS TEL. 2-23-48 - - OFFICE: 108 NUEVA I I i I I I I I. I j IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 37 SEC. 82. Actual expenditures and cost of mining improvements by the holder of a lease or his grantors, having a direct relation to the development of the Assessment claim or group of claims, shall be included in work the estimate of assessment work. The expenditures may be made from the surface, or in running a tunnel, drifts, cross-cuts, or trenches for the development of the claim or group of claims. Improvements of any other character, such as buildings, machinery, or roadways, must be excluded from the estimate, unless it is clearly shown that they are associated with actual excavations, such as cuts, tunnels, shafts, and so forth, and are essential to the practical development of, and actually facilitate, the extraction of minerals from the claim, or the leasehold. Labor performed or improvements made, if any, during the period from the date of the recording of the claim to the issuance of the lease thereon, if the locator or holder thereof or their successor in interest should acquire the lease, may be credited for assessment work on the said claim or claims only for the first period or year within which the work is required to be done under the provisions of this Act. SEC. 83. At any time after the performance of the annual labor or the making of improvements upon a mining claim, but not later than sixty days after Annual Assess- the expiration of the period fixed by ment Work this Act, the lessee or some person in his behalf cognizant of the facts, shall make and file for record with the mining recorder of the province or district in which the claim is situated an affidavit in substance as follows: AFFIDAVIT ()OF ANNUAL ASSESSMENT WORK UNITED STATES OF ANIERICA COMMONWEALTH OF THE PHILIPPINES PROVINCE OF..................... I, --- -----.-.. —.. —............ —.. -.......-... being first duly sworn depose and say that I am citizen of the... --- —-—........., of legal age, resident of..... ----------—,.., Province of.., Philippines, and am personally of ------------------------ --- ------------- IP iip ne, a d a p ro al acquainted with the mining claims or group of contiguous claims known as..-..-.......... —..-... ---- - lode or placer Give name of the claim claim or of the contiguous claims in the case of a group on which Lease No..-..........-.. was granted on.-.... --- —--—., situated in the barrio of..........-... --- —---—., municipality of,Province of of -------------------------—............ ----.... --- —--—, Province of. ---- -------- Island of. —..,...., Philippines, the declaration of location of which -—..... ---- recorded in the office of the mining recorder of the said province or district in Book No.-....-...... of the Record of Mining Claims, on pages ---. —; that between the....-...- -- day of. —... —.- - 19 —. - and the....- -- day of. —...-.... —.... - -. 19 ----- not less than -----..... pesos worth of labor was performed or improvements made upon said claim or group of claims. Such work was done or improvements made by and at the expense of........ —... —................. —. - the lease holder of said claim or group of claims for purpose of complying with the laws of the Government of the Philippines relating to annual assessment work, and.... ---—............ --- —Here give the names and addresses............................................................................................................ of the miners and other persons who did the work were the persons employed by the said lease holder who did such work or made such improvements; and that said work or improvements consisted of and are described as follows, to wit: Here describe the work done Signature................... Affiant Subscribed and sworn to before me this.......-...... day of..-...............-. 19-..... The affiant exhibited to me his cedula No.....-.. issued in......-... on -.............. Signature ----- -- -............. Notary Public Such affidavit, when recorded in due time, shall be prima facie evidence of the performance of such labor or the making of such improvements, and shall be received in evidence by the Director of the Bureau of Mines and by all courts in the Philippines, as shall also the record thereof or a certified copy of the same. The Collector of Internal Revenue, within sixty days from the date of the receipt of the payment of the rentals or royalties due on any mining lease, or minerals or mineral products extracted therefrom, shall inform the mining recorder concerned and the Director of the Bureau of Mines of such payment, giving the name of the claim or claims, the entry number of the lease, the date of the payment, the number of official receipts, and the name or names of the person, association or corporation for which such payment has been made. The mining recorder, upon receipt of such information, shall cause the same to be entered in his record book and to be posted on the bulletin board of his office for a period of not less than twenty consecutive days. SEC. 84. Whenever the lessee fails to comply with any provisions of this Act or the rules and regulations promulgated thereunder, or with any of the proviFailure of sions of the lease contract, the lease may be lessee forfeited and cancelled by the Secretary of Agriculture and Commerce or by appropriate proceeding in a court of competent jurisdiction, if necessary, and the lessee shall be liable for all unpaid rentals and royalties due the Government on the lease up to the time of its cancellation. SEC. 85. In the event that any mining lease is cancelled by the procedure prescribed in the next preceding section hereof, the Director of Bureau of Mines shall, Cancelled within thirty days after the date of such miling lease forfeiture or cancellation, cause a notice thereof to be posted on the bulletin board of the Bureau of Mines and in the office of the mining recorder of -SOLVEThe Christmas Gift Problem with a Box of "ORIENTE CIGARS" Attractively wrapped in holly paper We will mail it for you, all charges prepaid, to any place in the United States. Your personal card will be enclosed if desired. "EL ORIENTE", fabrica de tabacos, Inc. P. 0. Box 590 MANILA Tel. [phone] Gral. Solano IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

38 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 the province or district in which such claim or claims covered by such mining lease are situated, and the lands covered thereby shall be thereupon open to relocation and lease under the provisions of this Act. SEC. 86. When unoccupied lands of the public domain, not known to contain valuable mineral deposits, is necessary or convenient for mining or milling purPublic domain poses a parcel of such land, not to exceed nine without mineral hectares in extent, may be located for such deposits purpose by any person qualified to locate mining claims under the provisions of this Act, and a lease for such land may at any time thereafter be acquired by the locator for the same period of time and subject to the same terms and conditions regarding the payment of rentals and tax as provided in this Act: Provided, That no such location shall be recorded unless the declaration thereof be accompanied by an affidavit made by the locator, or some person on his behalf cognizant of the facts, to the following effect. That the land covered by the claim is necessary or convenient for specific mining or milling purposes, indicated and described therein, and that no valuable mineral deposits are known to exist within such claim: And provided, further, That if at any time after the said lease has been granted mineral deposits should be discovered within said claim and mineral or minerals be extracted and removed therefrom, on all such output the lessee of the claim shall pay to the Government a royalty of the same rate and subject to the same terms and conditions as are provided in this Act. SEC. 87. All mineral lands not covered by lease shall be subject to real estate tax payable at the same rate and collectible at the same time and manner and Mineral lands subject to the same liabilities and forfeinot covered ture, as drovided for in Chapter seventeen by lease of the Revised Administrative Code, as amended. SEc. 88. There shall be assessed and collected an ad valorem tax of one and one-half per centum of the actual market value of the annual gross output of Minerals ex- the minerals or mineral products extracted tracted taxed or produced from all mineral lands, not covered by lease: Provided, That in the case of gold mines, their annual gross output shall be subject to a tax of one and one-half per centum when the value of the said output does not exceed five hundred thousand pesos; two per centum when the value exceeds five hundred thousand pesos but does not exceed one million pesos; two and onehalf per centum when the value exceeds one million pesos but does not exceed one million five hundred thousand pesos; three per centum when the value exceeds one million five hundred thousand pesos but does not exceed two million pesos; three and three-eighths per centum when the value exceeds two million pesos but does not exceed two million five hundred thousand pesos; three and three-fourths per centum when the value exceeds two million five hundred thousand pesos but does not exceed three million pesos; four and one-eighth per centum when the value exceeds three million pesos but does not exceed three million five hundred thousand pesos; four and one-half per centum when the value exceeds three million five hundred thousand pesos but does not exceed four million pesos; four and three-fourths per centum when the value exceeds four million pesos but does not exceed four million five hundred thousand pesos; five per centumm when the value exceeds four million five huindred thousand pesos but does not exceed five million pesos; five and one-eighth per centum when the value exceeds five million pesos )ut does not exceed five million five hundred thousand pesos; five and one-fourth per centum when the value exceeds five million five hundred thousand pesos but does not exceed six million pesos; five and three-eighths per centum when the value exceeds six million pesos but does not exceed six million five hundred thousand pesos; and five and one-half per centum when the value exceeds six million five hundred thousand pesos; Provided, further, That the following rates of (ledulction from the taxes on the annual gross output of gold payable under the provisions of this section shall be allowed: (1) Fifteen per centum in the case of lode mines prlo(ucing gold from ores which average less than ten pesos, but more than seven pesos per ton; (2) Twenty-five per centum in the case of lode mines producing gold from ores which average less than seven pesos per ton. The average value per ton of ore shall be determined by dividing the total gross output in pesos for any year by the total number of tons milled during that year for any particular mine; (3) Thirty-five per centum in the case of gold placer mines. The term "gross output" of mines or mineral lands shall be interpreted as the actual market value of mineral or mineral products, or of bullion from each mine or mineral lands operated as a separate entity without any deduction for mining, milling, refining, transporting, handling, marketing, or any other expenses. The output of any group of contiguous mining claims shall not be subdivided. The said ad valorem tax shall be due and payable to the Government of the Philippines through the Collector of Internal Revenue within sixty days after the Ad valorem shipment of the mineral or mineral products tax from the mines: Provided, That before any mineral or mineral product may be shipped from the mine, the Collector of Internal Revenue or his representative shall first be duly notified to that effect: Provided, further, That upon failure to pay the ad valorem tax herein levied within the time prescribed, the same penalties or liabilities as provided by existing laws for the collection of such taxes shall be imposed: Provided, finally, That the ad valorem tax herein provided to be paid and collected shall accrue to the general fund of the National Treasury and shall be in lieu of any royalty or other ad valorem taxes imposed by this Act, and by section one thousand five hundred and thirty-four of the Revised Administrative Code as amended by Act Numbered Four thousand fifty-eight. CHAPTER VII. —Timber and Water Rights, Rights of Way, Mine Personnel and Officers Charged with the Execution of the Provisions of this Act SEC. 89. A bona fide holder of a mining claim or group of contiguous claims under this Act, shall have the gratuitous right to cut trees or timber within such Right of bona mining claim or claims for use in the developfide holder of ment or operation of only the said claim or mining claim claims: Provided, That the cutting of said timber shall be in accordance with the rules and regulations prescribed by the Bureau of Forestry: And provided, further, That the land or lands covered by such mining claim or group of claims are not covered by any existing timber concession granted by the Bureau of Forestry. SEC. 90. Bona fide holders of a mining claim or group of contiguous claims under this Act shall also be allowed a gratuitous water right or rights for the developWater rights of ment and operation of such claim or claims bona fide holders upon filing ian application therefor with the of mining Director of the Bureau of Public Works in claims accordance with the existing law of waters andl the rules and regulations promulgated thereunder: I)rovided, That water rights already grante(l or vested through long use, recognize(l and acknowledged by the local custorms, laws and decisions of courts, shall not thereby be inp)airel: Provided, frrlher, That the Government reserves the right to regulate water rights and the reasonable and elquitable distribution of water sup)ply so as to prevent the monopoly of the uise thereof. SEc. 91. When any mine, or mining claim is so situated that for the more convenient enjoyment of the beneficial rights on the same, a road, a railroad, tramEnjoyed benefit way, electric transmission, telephone or telerights on any graph line, or airial transportation thereto mine or therefrom, or a ditch, canal, pipe line, flume, cut, shaft, or tunnel to drain or convey water, ore, waste or trailings therefrom, or a shaft or tunnel for mining purposes, may be necessary for the better working thereof, which road, railroad, tramway, electric transmission, telephone or telegraph line, ailrial transportation, ditch,

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 39 canal, pipe line, flume, cut, shaft or tunnel may require the use or occupancy of a mining claim or claims or other lands, owned, occupied, possessed or leased by another or others than the person or persons or body corporate requiring an easement for any of the purposes hereinbefore enumerated, which purposes are hereby declared to be for the public use or benefit for which the right of eminent domain may legally be exercised, the owner, locator, or lessee of the mine or mining claim first above mentioned, shall be entitled to a right of way, entry and possession for the uses, purposes and privileges of such roads, railroads, tramway, electric transmission, telephone or telegraph line, aerial transportation, ditch, canal, pipe line, flume, cut, shaft or tunnel, in, upon, through, under and across such mining claims or other lands, upon compliance with the provisions of this Act hereinafter provided. SEC. 92. When the owner or occupant of any mine or mining claims desires to work the same, and it is necessary, in order to enable him to do so successfully Right of way and conveniently, that he have a right of of owner or way for any of the purposes mentioned in the occupant foregoing sections, if such right-of-way cannot be acquired by agreement with the owner, occupant, or claimant of mining claims or other lands, over, under, through, across, or upon which he seeks to acquire such right-of-way the applicant may commence and maintain an action in the manner provided in sections two hundred and forty-one to two hundred and fifty-three, inclusive, of Act Numbered One hundred and ninety, and in the Acts amendatory and supplementary to the said sections, now or hereafter in effect, including Act Numbered Twenty-two hundred and forty-nine providing for the exercise of the power of eminent domain by the Government and its subdivisions. At least one of the commissioners to be named in accordance with section two hundred and forty-three of the Code of Civil Procedure shall, in any case brought hereunder, be a mining engineer, duly qualified as such under the laws of the Government of the Philippines, and such mining engineer or engineers need not be land holders or owners of the province where the land is situated. SEC. 93. No person under the age of sixteen years shall be employed in, or about any mine in work connected with mining operation, and no male person or Workers' age persons under the age of eighteen years, nor any girl or woman, shall be employed under ground in any mine. SEC. 94. No person shall have the general direction of the work in, or act as superintendent of, a mine, mill, or quarry, employing more than fifty persons, lMititg working underground at any one time withengieer out being duly licensed as a mining engineer or as an experienced mining or mill foreman certified as such by the Board of Examiners for Mining Engineers, unless expressly permitted to (do so by the Director of the Bulreall of Mines. SEC. 95. The Secretary of Agriculture and Commerce shall be the executive officer charged with carrying out the provisions of this Act, through the Director of the Bureau of Mines, who shall act under his immediate control. SEC. 96. The appraisal or reappraisal, valuation or revaluation of any mine, mining claim or claims with or without improvements thereon, patented, Mine or miiiing leased or otherwise, for the purpose of claim appr)aised raising capital for the formation, or organor reappraised ization of association, partnership or corvaluated or poration or for promotion work, or for re-valuated issuing shares of stock, or for determining the present net value of the mines, shall be made by the Director of the Bureau of Mines or his duly authorized representative, and no such mine, mining claim or claims, with or without improvement thereon, patented, leased or otherwise, shall be accepted as asset or basis of any asset in any formation or organization of association, partnership, or corporation for registration or incorporation without the value thereof having been first appraised or determined by the Director of the Bureau of Mines as herein provided. CHAPTER VIII.-Penal Provisions SEC. 97. All statements, representations, or reports required under this Act, unless otherwise specifically provided herein shall be upon oath and in such form False statements, and upon such blanks as the Director of the representations Bureau of Mines, approved by the Secretary or reports of Agriculture and Commerce, may provide; and any person, making knowingly any false statement, representation or report under oath shall be subject to punishment for perjury, upon conviction therefor by a competent court. SEC. 98. Any person, who, with intent of gain, presents, or causes to be presented, any false application, declaration, or evidence to the Government or False applica- publishes, or causes to be published, any tion, declara- prospectus or other information containing tion fined any false statement relating to mines, mining operation, mining claims or lease, shall be guilty of perjury, if such false statement is made under oath, and shall be punished, upon conviction, in accordance with the provisions of the Revised Penal Code. If such false statement is not made under oath he shall be punished, upon conviction, by a fine not exceeding six hundred pesos. SEC. 99. Any person who willfully and maliciously defaces, alters, removes, or disturbs any stake, post, monument, boundary line, or any other mark Signs, marks, lawfully placed under the authority of this posts, monu- Act, or destroys, injures or defaces any rules, ments unlaw- or notices, which have been posted, concernfully removed ing locations, mining application for leases, mines, and any other related subject, shall be punished, upon conviction, by a fine not exceeding five hundred pesos, besides paying compensation for the expenses incurred in replacing the defaced, altered, removed, or disturbed stakes, post, monument, boundary line, notices, or any other mark. SEC. 100. Any person who, with intent of gain, willfully and unlawfully extracts minerals belonging to the Government or from a mining claim or mining claims Unlawful leased, held or owned by other persons withminerals out the permission of the lawful lessee, holder extracted or owner thereof, or steals ores or the products thereof from mines or mills, shall be guilty of theft, or qualified theft, as the case may be, and shall be punished, upon conviction, in accordance with the provisions of the Revised Penal Code, besides paying compensation for the damage caused thereby. SEC. 101. Any person who, with intent of gain knowingly sells, transfers or conveys any false mining claims or claims or any false right, title or interest in Sold, transferred such mining claims which were not actually or conveyed located on the ground and do not: exist as false mining such claims shall be guilty of estafa and claims shall be punished upon conviction in accordance with the provisions of the Revised Penal Code. SEC. 102. Any person who, with intent of gain, knowingly places or deposits, or becomes accessory to the placing or depositing of, any mineral in and land for Mineral de- the purpose of "salting" and of misleading posits "salted" other persons as to the value of the mineral deposits in such land, or who with intent of gain, knowingly commingles, or causes to be commingled, samples of minerals with any other substance whatsoever, which increases the value or in any way changes the nature of the said minerals or substance, or substitutes samples or mineral for the purpose of deceiving, cheating, or defrauding any person, shall be punished, upon conviction, by imprisonment not exceeding a period of five years, besides paying compensation for the damage which may have been caused thereby. SEC. 103. Any person who willfully and maliciously causes or permits sludge or tailings to accumulate in, or flow

40 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 from his mining claims so as to cause danger, Willfulandmali-injury, or obstruction to any public road, cious causes to rivers or streams or other public property, destroy public shall be punished, upon conviction, by a conveyance fine not exceeding two hundred pesos, bepunished sides paying compensation for any damage which may have been caused thereby. SEC. 104. Any person who willfully and maliciously or with intent of gain, takes water from a mining mill, race, dam, reservoir, or from any other form of Interference deposit, or prevents the water from enterwith water ing said mining mill, race, dam, reservoir, rights previous- or in any way interferes with the full enjoyly granted ment of water rights previously granted and lawfully held by another persons, shall be punished, upon conviction, by a fine not exceeding one hundred pesos. SEC. 105. Any person who willfully and maliciously destroys or injures any structure in or on mining claims, or on sites for reduction works, shall be Destroyers for punished, upon conviction, by imprisonreduction works ment not to exceed five years, besides payconvicted ing compensation for the damage which may have been caused thereby. SEC. 106. Any person who willfully and maliciously sets fire to any mineral, mine, or the workings, fittings, or appliances of a mine, shall be guilty of arson Guilt of arson and shall be punished, upon conviction, in accordance with the provisions of the Revised Penal Code, besides paying compensation for the damage caused thereby. SEC. 107. Any person who willfully and maliciously damages a mine, unlawfully causes water to run into a mine, or into any subterranean passage commuDamaged mine nicating with a mine, or obstructs any shaft by person or passage to a mine, or renders useless, damages, or destroys any machine, appliance, apparatus, rope, chain, tackle, or any other thing which is used in a mine, shall be punished, upon conviction, by imprisonment not exceeding a period of five days, besides paying compensation for the damage caused thereby. SEC. 108. Any person who willfully and maliciously ob structs the Director of the Bureau of Mines, Personnel of the or any of his subordinates or representaBureau of tives, in the performance of their duties Mines in connection with any mine or mines shall obstructed be punished, upon conviction, by a fine not exceeding one hundred pesos. CHAPTER IX.-General Provisions SEC. 109 No grant of lands to provinces, districts or municipalities, to aid in the construction Grant of lands of roads, or for other public purposes, shall include any mineral lands. CHAPTER X.-Transitory and Final Provisions SEC. 110. During the Commonwealth of the Philippines, citizens of the United States or corporaCitizens or cor- tions organized and constituted under the poration of laws of the United States or of any state or U.S.A. during territory thereof, and authorized to transact P. I. Conmon- business in the Philippines, shall enjoy the wealth same rights under this Act as citizens or corporations of the Philippines. SEC. 111. If, for any reason, any section or provision of this Act is challenged in a competent court and is held or declared to be unconstitutional or invalid, Held uconsti- none of the other sections or provisions thereof tutional or in- shall be affected thereby and such other valid section of sections and provisions shall continue to this Act govern as if the section or provision so annilled had never been incorporated in this Act, and in lieu of the section or provision so annulled, the provisions of law on the subject thereof in force prior to the approval of this Act shall govern until the National Assembly shall otherwise provide in the premises. CHAPTER XI.-Repcals SEC. 112. Act Numbered Forty-two hundred and fortythree and all laws, acts or parts thereof, and all regulations, rules and instructions or parts of the same, inconsistent with any of the provisions of this Act are hereby repealed. SEC. 113. This Act shall take effect upon its approval. Approved, COPRA AND ITS PRODUCTS By KENNETH B. DAY AND LEO SCHNURMACHER I During September the copra market continued firm with demand exceeding the supply. In general, conditions continued along the same line ta during the month of August. COPRA: Copra arrivals were fairly heavy. In Manila they were some 10%'. over the average for the last 10 years and 11%, above September of last year, also 15% above the previous month. In Cebu arrivals were 40%, over the average for the last 7 years, 7%, over September, 1935, and 17% over those ofL August. Exports were slightly under those of August. been competitive, and practically no contracts to Europe have been made. In addition, the political condition in Spain has stopped the customary exports to that country. In the Pacific Coast prices for copra ranged from $3.00 to $3.50 and considerable business was done for shipment from ('ebu and outports. Arrivals — Sacks Manila............. 478,578 Cebu........... 458,963 Shipments- Tons Pacific Coast........... 15,448 Atlantic Coast........... 1,829 Gulf Ports............. 2.134 Europe............. 6,126 Other Countries......... 9 Total............ 25,546 Stocks on hand in Manila — Tons Beginning of Month......... 24,727 End of Month........... 28,453 Stocks on hand in Cebu — Beginning of Month........ 17,851 End of Month........... 20,483 COCONUT OnI: The coconut oil market both in New York and on the Pacific Coast has followed the tight copra situation in the Philippines. The market continues largely for export and prompt oil with most buyers reluctant to bid on futures at the prevailing high prices. The New York market ranged from 5 cents to 5-1/2 cents c.i.f. with spot offers for small quantities being The copra market rose during the first 10 days of the month from P12.00 to I14.00, at which KENNETH B. DAY prices many of the dealers decided to unload. LEO SCHNURMACHER - The resulting selling pressure dragged the market down to P13.00 at the middle of the month, but the comparative shortage of supplies coupled low stocks on hand both in the Philippines and with the premium offered for early shipment of the United States, the market appears firm at coconut oil again carried prices as high as P14.50, present levels. after which selling pressure developed and the The European market for copra has at all market declined to r13.50 at the end of the times been under the U. S. equivalent, quotamonth. Due to the expected seasonal decrease tions ranging from ~13/5/0 to ~14/0/0 c.i.f. in production, and in view of the comparatively Mediterranean ports. At no time has Europe

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 41 handled at considerably over the market. Tile Pacific Coast market ranged from 4-3 4 cents to 5-1/2 cents f.o.b. for early shipment. Statistics for the month follow: Shipments- Tols Pacific Coast............... 1,331 Atlantic Coast............... 8,958 Gulf Ports.............. 6,037 E urope........................ 291 China & Japan................. 21 Other Countries................ 23 Total.................... 16,661 Stocks on hand in Manila and CebuBeginning of Month............ 9,098 End of Month................. 8,203 COPRA CAKE AND M;IAL: The condition during the last month in the United States has absorbed all of the Philippine production, which continued throughout September. The large amount of production sold to the Pacific Coast has resulted in rather overloading the market and quotations have dropped from $32.00 to $29.00 per short ton c.i.f., with lower prices in prospect. Statistics for the month follow: Shipments- Tons Pacific Coast................... 5,890 Gulf Ports..................... 458 Europe........................ 4,521 Total.................... 10,869 Stocks on hand in Manila and CebuBeginning of Month............ 5,652 End of Month................. 5,708 DESICCATED COCONUT: The United States market has remained steady during the month. Most mills are operating fairly heavily, but advancing prices for copra have increased the cost of nuts, so that there is very little margin for the operator. September shipments were heavy. being 3,565 metric tons. GEN::RAL: While copra production is keeping up to expectation, the demand continues heavier than the supply and with comparatively low stocks both in the Philippines and the U. S., the outlook is favorable to continue good prices. However, the European market continues well under present values for Philippine copra and ordinarily the Philippines cannot count for any extended period of time on an average price well over the European equivalent. There are also other factors which may have considerable effect on the Philippine market. With the abandonment of the gold standard in France and Holland, it is entirely possible that copra from the Dutch East Indies and Malaya may again be able to compete in the American market notwithstanding the differential of 2 cents per pound in the excise tax. Also, there are several pending suits involving the constitutionality of the excise tax in the United States Supreme Court, on which decisions are expected (luring this session. Yokohama Specie's Annual Statement The Yokohama Specie Bank reports net profit for Jnn.-June 1936 of Yen 17,196,652 including Yen 10,060,937 brought forward the last account. A halfyear dividend of 10%/ absorbs Yen 5,000,000 of the net profit, Yen 1.750,000 is added to reserves, and Yen 10,446,653 is carried forward to the next account. This is the Japanese bank that operates in the Philippines. LUMBER REVIEW By ARTHUR F. FISCHER Director, Bureau of Forestry I)uring the month of July there had been a general increase of Philippine lumber and timb her exports to the principal foreign markets, with the exception of Australia where the export registered considerable decrease from that of the previous month. The exports for the month totalled 23,043,976 board feet as against 18,150,168 board feet for the previous month, or an increase of 27%. Out of the total amount exported, 16,999,432 boardfeet, or 73.7%, was composed of round logs or squared timber and the rest was sawn lumber. Demands for round logs in Japan have been very active. Shipments to that country during the month under review totalled 15,353,464 board feet, all in the form of round logs, compared with 12,523,688 board feet for the previous month, or an increase of 22.6%. The timber exports to that market have been increasing considerably for several months now and it is expected that they are still going to increase as the local timber licensees engaged in exporting round logs are increasing their logging machineries and equipment calculated to give a larger output for export. As repeatedly stated in previous reports, the heavy monthly export of round logs is a matter which needs serious consideration as it affects the local sawmilling industry. Unless some regulative measures are taken by the Commonwealth Government to curtail to a reasonable extent the heavy exportation of round logs, it is very possible that such importers of this product as Japan, with all her advantages over this country, may succeed to gradually take up to a large extent the sawmilling of our timber, a condition which will eventually undermine the Philippine lumber industry. Exports to the United States registered an increase of 32.4C%- over the previous month and 75.5% over the same period of the previous year. Out of the total amount of 4,644,496 board feet exported to that country, 384,568 board feet were round logs or squared timber, and the rest was sawn lumber. Prices in the United States market were steady, and present indications are that Philippine lumber has good prospect in this market this year. Philippine lumber and timber exports to China amounted to 1,478,488 board feet compared with 191,648 board feet of the previous month, or an increase of 671.5c. Compared with the exports for the same period of the previous year, there is noted an increase of 38.7'%. Out of the total amoupt exported to that country, 1,257,160 board feet were round logs, indicating that the Chinese, like the Japanese, are interested in buying Philippine logs, as they naturally wish to favor the labor in their country. As usual, exports to the British markets during the month under review were sawn lumber. Shipments to Great Britain registered an increase of 7.2% over the previous month and 81.4% over the same period of the previous year. The improvement in this market in July was due to active building trade prevailing in that country during the month. Shipments to British Africa also showed an increase of 149% over the previous month. The activity of the local market for the previous month has been maintained during the month under review. Prices were steady, although there were indication of upward trend of prices in the following month. Lumber deliveries exceed mill prodution by 1.5%. The following statements show the lumber and timber exports, by countries, and the mill production and lumber inventories for the month of July, 1936, as compared with the corresponding month of the previous year. Lumber and Timnber Exports for the month of July 1936 CustomsDestination Board Feet Declared Value Japan............. United States...... China............. Great Britain.... British Africa...... Portuguese Africa... Australia.......... *15,353,464 4,644,496 1,478,488 959,936 426,544 87,344 35,616 P 264,286 290,796 28,244 68,200 31,868 6,617 3,435 I I 1 l e Hokoiamna perce i ank (Established 1880) HEAD OFFICE: YOKOHAMA, JAPAN Yen Capital (Paid Up). —.. --- ----------—. -—............... 100,000,000.00 Reserve Funds -..-.. —__.. ---.-____................__ 130,900,000.00 Undivided Profits -------. —..............._- -__........ 10,446,651.83 MANILA BRANCH 34 Plaza Cervantes, Manila S. DAZAI, Manager Telephone 2-37-59 Manager Telephone 2-35-28 Import Dept. Telephone 2 8 t D. Telephone 2-37-68 Remittance & Deposit Dept. Telephone 2-337-58 Export & Current Deposit Account Dept. Telephone 2-37-55 Cashier & Accountant I I IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

42 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 Canada............ 27,136 3,275 Ireland............ 16,536 1,660 Singapore....... 10,176 1,800 Germany........... 4,240 90 Hawaii............ 75 Hongkong.......... Trotal 23.043.976 P 700.346 THE RICE INDUSTRY By PERCY A. HILL of MunoT, Nueva Ecija Director, Rice Producer's Association 195 The domestic market for both rice and Customs- vpalay has eased up Destination Board Feet Declared u p Value somewhat, but with Japan............. 11,544,672 200,523prices approximately United States...... 2,646,608 199,447 the same for deChina............. 1,065,936 47,096 mand is held back by Great Britain...... 529,152 45,117 sheer inability to purBritish Africa...... 201,824 17,104 c e n mny e Portuguese Africa... 31,376 2,125 Australia........... 29,680 2,777 Rice being harvested Canada............ in Albay, and other Ireland............ 23,744 2,265 places serves local Singapor e.......... Singapore....... requirements at lowGermany........... Hawaii............ ered prices but has Hongkong.......... 64,024 7,449 t s little effect on the Total.......... 16,137,016 P 523,903 I general market. Provincial arrivals in MaNOTE: *This represents mostly solid log scale, that is, 424 board feet to a cubic meter. nila for the last month revealed a new low as regards supply. Prices for luxury grades of rice For 9O5 Mills for the month of Jul?/ For1______1__lfotef _are from P7.10 to P7.30 with palay of its class Lumber Deliveries from at P3.15 to P3.20 per cavan of 44 kilos. MaMonth Mills cans from P6.50 to P6.70 with ordinary palay 1936 1935_ from P3.00 to P3.05 per cavan. July............... 20,653,610 18,124,936 Imported rice by the Rice Corporation was Month Lumber Inventory reduced P0.02 per ganta or tP0.26 from P0.28' 1936 13 the majority of the deposits of producers being 326 193 liquidated. The reduction makes the sack of July.............. 32,646,33 3,594,329 imported Saigon No. P5.76, which is not at all Month Mill Production prohibitive to those of means, with jobs, and 1936 1935 producing the export crops. For the month of July.- I 20,333,843 19,5 07,386 July nearly half a million pesos were spent overseas, P446f.029 and imports for August to October NOTE: Board Feet should be used. will be much higherl. Flour imports have increased as they always (do when rice supply is low and prices- hilgh, to about one third above those R E A L E S T A T E of last year. I urbi centers it is chetper and By P. D. CARMAN more economical to use bread, when flour is cheap Addition Hells and rice dear, which takes up some of the slack in the food supply. September transfels cx- To (late the coming crop in the Luzon Plain ceede(l those of Sep- and vicinity looks very well, but root rot is again reported in many localities, for which no remedies tember 1935 by nearly have been discovered by those on the pay-roll, half a million pesos and except to ignore the effects of the plant diseases, all 1936 totals except which of course is to be expecte(d with those unAugust. January to familiar with field conditions. August. January to Sept-ember inclusive- Mining During the Month 1932... 7,832,789 (Continued from page 27) 1933.... 8,177,884 for dredging or for drag-line operation, 1934.. 9,177,042 and good values have been reported. 1935 12,818,323 Negotiations are under way for a new 1936.. 12,018,787 property on which preliminary testing trong-material building construction City of has shown good results. About 500 Manila, January to August inclusive- 000 in gold values has been indicated by 1935..... P1,997,400 1,2 1000 in gold values has been indicated by 1935ntramu... P1,997,400 1936... 4,110,350 work done so far, and it is believed that Sales City of Manila this can be mined at a profit. August September Salacot 1936 1936 Sta. Cruz.... P.599,743 199,813 Higher tonnage and production markSampaloc.7...... 72,879 121,541 ed the September operations of this Tondo........... 79,125 31,980 company. Grinding capacity is being Binondo. 1,093,410 336,.500 increased 10 per cent, and the mill is San Nicolas....... 45,100 16,000 Ermita..... 48,000 108,400 expected to reach its full capacity of 200 Malate.......... 135,391 242,504 tons a day as a result. Paco........... 188,592 62,507 Sta. Ana....50,469 11,728ed Mining Quapo... 159,453 14,690 This company has acqulired about San Miguel.... 24,000 161,200 100 hectares of placer ground in the Intramuros..... 215,000 Paracale district. Captain Thomas Pandacan... 18,630 24, 54 Sta. Mesa........ 57,000 9,7)9 Leonard will he in charge of the prosM0 - pecting and development work on this P2,.571,792 Pl1,556,076 property. MANILA HEMP By H. P. STRICKLER Manila Cordage Company The firmness in the London market, especially for low grades, at the close of last month continued well on to the middle of September; when both the New York and Japanese markets improved following London's lead, and a better demand was noted which resulted in slightly improved prices. This improvement, however, proved to be shortlived, for during the last ten days of the month, all foreign markets quieted down and values tended downward. The local markets in Manila, Cebu, and Davao, however, continued very strong during the entire month, with sellers at the close holding for the maximum prices reached during the middle of the month. Prices of Loose Fiber in Manila Per Picul Augqust 31st CD........ E......... F......... I.......... Jl......... G......... H......... J2......... K......... 11........ L2....... P23.50 19.00 17.75 16.50 14.50 13.00 11.25 13.25 10.25 9.50 7.25 September 30th CD....... P23.50 E........ 19.00 F......... 18.00 I......... 16.50 J1........ 14.50 G....... 13.00 H....... 11.75 J2....... 13.25 K...... 10.75 LJI........ 10.00 L2....... 7.50 TOBACCO REVIEW By P. A. MEYER ~..f RAWLEAF: Purch.ase of the 1936 crop continued throughout the month in C.tgayan while comparatively few transactions are reported from Isabela. September export of 88,006 kilos only, seems tolhave established an all time low. /t. Shipments abroad Se r 1... during September xwere as follows: Rawleaf, Stripped Tobacco and Scraps Kilos Belgium........ 2,586 China............ 5,010 Hongkong.......... 11,000 Tava............423 North Africa... 14 Straits Settlements...... 944 United States..... 68,029 September, 19:36... 88,006 August, 1936.......... 1,086,609 September, 1935............ 128,673 January-September, 1936.... 10,104,405,January-September, 1935.... 12,053,748 CI(:ARs: Comparative figures for shipments to the United States are as follows: Cigars September, 1936......... 16,234,920 August, 1936........ 16,658,599 September, 1935............ 21,825,656 January-September, 1936.. 126,620,142 January-September, 1935... 154,248,795

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 43 L MANILA: Located like the mighty cities of the world, on absolutely unfailing supplies of fresh water (agua dulce) at its meeting with the sea in a land-locked harbor and flanked by a rich hinterland, was a city when Mohammedan pirates controlled the coasts and the stone age peoples controlled the foot hills. MANILA: lWas a city when the conquering nations of the world —Spain, Britain, Holland, America, stalked the seas, their trading galleons behind their frigates. MANILA: Will be a city under the Philippine Conmmonwealth-the social, financial, commercial and governmental center-growing, thriving, expanding with the Philippine Archipelago; moving its activities hither and yon-its governmental buildings may scatter-its shopping district go to the Boulevard where giant sea planes drop in daily from the other mighty cities of the globe. I I I i I I MANILA: Located as it is on a (absoluteljy unfailing fresh water supply at its meeting with the sea in a land-locked harbor, will be a mighty city throughout the ages while ntew civilizations surge again and again 'round the globe-new nations rise -old nations fall and the nations themselves vanish and the races become one. MANILA: Throughout all these ages, changes local and world wide, will coun1t those persons fortunate who own alt control the land on which its people must walk and work and sleep. We salute the Philippine Commonwealth at the end of its first and eminently successful year of operation. San Juan Heights Company Manila ------ IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

44 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 Consuls In Manila: Gabrio Sigray Di San Marzano By BETTY SIMPSON new. Many islanders have travelled to Italy on pilgrimages to Rome, tours of the famed cities of history, trips of study in the arts. Industrially, the reorganized Italian state is particularly interested in mineral products of the Philippines. The heretofore standard exports of hemp and copra dwindle in importance when compared to chromite. Count San Marzano defends his country's peaceful interest in Philippine mineral resources, as he defends-and has defended in many speech during his stay in the United States-her annexation of Ethopia. "Our recent nationhood developed too late in the international status quo for the customary possession of colonies. With a population of 43 million, largely industrialized, Italy needs metal." The need for expansion that sent so many Italians to the United States, where they merged in the American melting pot, now unites the country firmly behind II Duce. Whatever one's attitude regarding League of Nations' sanctions, it is impressive to discover that within 24 hours of their imposition, Italy was regimented to withstand all economic strictures. This was largely possible due to the corporative framework of the state. "Everything in the state, nothing outside the state, nothing against the state" is the Italian motto. The corporations are not those of the American business world. They are horizontal strata of the arts, professions, crafts and other occupations. The American trade union, in contrast, is vertical; that is, a shaft instead of a tunnel. It has no direct legislative representation. The efficiency of Italy's totalitarian structure COUNT SAN MARZANO Consul for Italy The Italian consul has, in the course of his diplomatic career, traveled around the worldbut he has never crossed the Pacific. Opening Italy's first career consulate in the Philippines, Count San Marzano takes up his fourth post. He served as consul first in Brisbane, Australia. Next, his duties called him to Locarno, Switzerland. Thence he went to Denver, Colorado. Finally, by way of Europe and the Suez, he came to Manila. Thus, like Magellan, he has circled the globe not in fact but by mathematics. Inception of the Philippine transition period brings the establishment of a career consulate. Both culturally and commercially, Italy extends her salute. Of course, relations are not extends to the arts, long reverenced. A poet says, "Caesar dreamed him a world ruled well, Dante dreamed heaven out of hell, Angelo brought us there to dwell." Under present Italian law, at least 2 per cent of expenditures for all public edifices must be devoted to the artistic. A corporation exists for the artists, putting them on a firm economic basis. They, too, have a direct say in the government. Incidentally, newspapermen belong to this stratum. Thus the first country in the world to organize its artists gives its accolade to journalists. Count San Marzano comes to the Philippines with a fresh memory of Italy's great strides in the past few years. His first short glimpse of Manila impressed him for modernity, organization, and the keen interest of all in the Commonwealth's first steps. European interest will further center on the Philippines because of the Eucharistic Congress. Lloyd Triestino, which will begin regular service to the islands in November, has booked the Conte Rosso and the Victoria to bring Italian pilgrims Manilawards. With the arrival of some hundreds, the present small Italian colony will be augmented to a goodly number, temporarily at least. The consul will meet all with facility. He speaks numerous languages in their own idiom, a gift he attributes to family inheritance, since his maternal stock is Hungarian and Bavarian; the paternal, Italian. A bit of travelling, combined with fluency in languages, intrigued him into diplomatic service. He was born near Turin, received the traditional education of the well-born, and was graduated from centuries-old Siena as doctor of law. An officer in the Italian army during wartime, he went by horseback from the Albanian coast to Sofia. Half enchanted by the adventure of this trip. already practising the language of the countries he traversed, he felt the summons of travel. Not the least of its rewards, he has found, is the humorous. On this same swoop through the turbulent Balkans, at one town in Serbia the Italians found ominous quiet. Night had fallen. Men were at quarters. Before retiring, Count San Marzano strode through the broad, deserted streets. Suddenly he saw a native, "100 per cent brigand", in his own words. Under his voluminous cape, the Count assured himself of the presence of his revolver. He went on his way. The Serbian swerved to meet him. Face to face they came. Then, in a broken attempt at the international patois that served among strangers, the Serbian muttered "Have you got a match?" A short term in the banking business at London apparently furnished no such amusing interludes. The Denver consulate undoubtedly did. His Americana, the consul will probably unbosom when he meets the American community. His appreciation of a good yarn in true Yankee fashion makes him doubly welcome. THE MANUFACTURERS THE OLD PROSPECTOR SAYS: An annuity provides a lifetime of pleasant memories; a bunch of worthless stock certificates-a lifetime of regrets. INSURANCE COMPANY E. E. ELSER AGENCY KNEEDLER BLDG - MANILA E. L. HALL. MANAGER HEAD OFFICE TORONTO, CANADA ESTABLISHED 1887 LUZON BROKERAGE CO., INC. Derham Building P. 0. Box 591 Port Area ManTel. 2-24-21 Licensed Customs Heavy Trucking Brokers Contractors Foreign Freight Forwarders Wa r e h o u s e en IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 45 Men Downtown H. C. "Andy" Anderson is once again at the managing office of the Manila Hotel, viewing with pride the progress of the Annex. "Andy" says he's glad to be home, and his innumerable friends are, too. After 5 months at the home stamping grounds, "Doc" C. T. Cross takes up his hobby, the dentist's drill, again, with the usual attention to the stock market. Jake Rosenthal returned to the fray fresh from a short vacation trip to China. Having visited on both the American continents, Hubert del Valle of National City Bank, with his family, returned to Manila. The Conrad Weinzheimers are at beautiful Canlubang once more, after an extended visit in the United States. Justice George A. Malcolm is in the Philippines once more, having completed a round-theworld trip. Always a student of international situations, the Judge brings a gloomy picture of Europe, with war hovering. The Hawaiian Clipper brought on a round trip L. N. Montieff of Boeing Company, which has been awarded a contract for even bigger and better Pan-American skyships. The Hawaiian was captained by A. E. LaPorte, and Andre Priester was chief engineer. W. L. Bramwell arrived in Manila to resume the general managership of Warner, Barnes, Ltd. To the gathering of the clan came Jimmie Redfern from Bacolod, Jimmie Tait from a vacation at Mt. Datu, and many another Scot. From the quiet of Binalbagan Estate came John Dumas, greeting his many Manila friends before returning to the province. Wilson E. Wells is back in the Philippines on the High Commissioner's staff, will be detailed here until July. the Islands, resumes his extensive business interests. Hongkong brokers visiting Manila have been M. de Silva, Drummond Moray, James Bertie. Meteorologist from the same city is Willis Clover. Augustus S. Chase, going on leave from the American Consulate at Canton, was at Manila in transit. Headed for England, G. M. Alexander and the Mrs. left Iloilo, stopped off in Manila, and are en route home. Business conditions in Ainerica were keenly Returning from a trip to Europe, especially surveyed by H. Gewald, manager, automotive the home Switzerland, came Gene Muller of division of P. C. C., in a 6 months' stay. Kuenzle and Streiff. Rene Levy took up brokerage duties on his return from a vacation in China. G. van Steenbergen, engineer from Shanghai, came to Manila, taking a trip to Paracale for a chat with his friend, A. Novacki. Another Shanghai tripper was S. G. Kirkland of Corbin Lock and Hardware. J. W. van Riet of K.P.M. (we can't spell it or pronounce it either) made his second visit this year to Manila, reports continued excellent travel business to the Dutch colonies. Stopping for several weeks, M. D. Cooper surveyed the Philippine situation from the standpoint of the Chrysler. Judge and Mrs. Curtis D. Johnston of Cebu spent a week in Manila during September. Miss Gwen Dew and her typewriter ---touring the world for the Detroit Newvs-have been gathering dope for articles these past weeks. Just recently she headed for Baguio: the boom has yet to be nide news in the home papers. You forget that the Yankee eye sees novelty where the oldtimer just figures something as coslumbrc. It takes the newcomer to glance around antd pick out what thrills the home folks. The young la:dy has that faculty, and plenty of courage! W'trren Garwiek went to Baguio for a short trip, getting a breath of a tourist excursion lie so often recommends to Manila Hotel guests as a change from the lowland hurry anld hustle. T. D. Cochrane, Far Eastern manager for Paramount Films, arrived in Manila on the President Hoover to stay some weeks. He discovered F. C. IIenry, erstwhile perennial bachelor, had dashed to Hongkong and committed matrimony, but was returning to manage the Manila office as before. W. J. Kearney, of Californian Aztex Brewing, was a Manila visitor en tour of the world. We told him the weather is unusual. Curtiss Wright Export Corporation has Bruce G. Leighton in the Far East on business. J. A. McGee, export manager of I. B. Williams Company, looked in on Manila during a world trip. From the Canadian gold mining district comes G. L. Oates, geophysicist, to join the Radiodore. John A. Kincaid and folks of Philippine Long Distance are with us after a splendid 5 months' vacation at home. Joseph A. Connor returns to brokerage after a restful vacation in China. After three years in Spain, Enrique Carrion is back amid the comparative peacefulness of Do your friends a favor! Direct them to The Manila Hotel the leading hotel in the Orient where they will have LUXURIOUS COMFORT at MODERATE RATES Provides every Western convenience combined with every Oriental luxury American Plan Only H. C. ("ANDY") ANDERSON Managing Director -- ---- BOSC H Ama8~ SEfIC SBiaNL I-1. _ Finest Electrical and Mechanical Service for any make of car. ]1I Painting, Upholstering, Greasing, Washing and Spraying. Owned and Operated by C. ILLIES & CO. 550-554 San Luis, Ermita Tel. 5-69-89 IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION TH*E AMERICAN CHAMBER OF COMMERCE JOURNAL

46 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 SHIPPING REVIEW By H. M. CAVENDER General Agent, The Robert Dollar Co. From statistics compiled by the Associated Steamship Lines, during the month of August there were exported from the Philippines the following: August 1936 exports from the Philippine Islands amounted to 163,013 revenue tons, making a grand total of 1,921,401 tons for the eight month period as against 1,273,035 tons for the corresponding period 1935. The gain of 648,366 tons indicates a very satisfactory condition. Sugar shipments dropped to 19,615 tons-all to the United States-leaving 62,000 tons as unfilled quota. Sugar shipments will probably remain at low figures until December. The United States market took only 9,361 tons of coconut oil-Europe none. 27,897 tons of Copra went forward, 16,557 tons to the United States-10,840 tons to Europe and 500 tons to Mexico. Shipments of cake and meal amounted to 7,917 tons, Europe taking 4,750 tons and the United States 3,167 tons. Desiccated Coconut held its own with 6,091 tons (40 cu. ft.)-all to the United States except 25 tons. Hemp shipments fhow a decided slump as compared to July. The United States market took 14,968 bales, Europe 49,066 bales, Japan 52,562 bales and 5,248 bales to other districts-a total of 121,844 bales. Lumber and logs shipments totaled 4,167,429 feet. The Japanese shipments were only 1,489,761 feet. The United States, Europe, China, Africa and Australian trade was normal. 5,114 tons of Molasses were shipped to the United States and 1,060 tons to Japan-a total of 6,174. Mineral shipments for August-Japan took 50,737 tons of iron ore and the United States 788 tons of chromite. Rope shipments amounted to 2,240 tons, with Spain taking 1,976 tons. Cigars and cigarettes account for 743 tons (40 cu. ft.) Minor products show shrinkage-buntal fiber, gums and vegetable lard. Canned pineapples held their own with shipments of 1,369 tons. Increases were registered in embroideries, rattan furniture, kapok, kapok seeds, rubber, cutch and derris roots. Cotton, 82 measurement tons, and Ramie fiber, 106 long tons, are new commodities in this trade. Passenger traffic for the month of August 1936 showed an increase over the figures for last month, as well as for August 1935, in both first and intermediate classes. Third class continued fairly steady. The following figures show the number of passengers departing from the Philippines during August 1936: Tr..... Were Carried in With American BotMiscellaneous Of Which toms With To Tons Sailings Tons Sailings China and Japan............................... 63,478 40 566 8 Pacific Coast Local Delivery.................... 27,158 16 18,382 9 Pacific Coast Overland.......................... 779 12 579 7 Pacific Coast Intercoastal........................ 3,439 12 2,869 8 Atlantic and Gulf............................... 40,179 21 4,552 7 European Ports................................. 25,688 22 100 3 All other ports.................................. 2,292 23 445 8 A GRAND TOTAL of 163,013 tons with a total of 85 sailings (average 1,918 tons per vessel) of which 27,493 tons were carried in American bottoms with 14 sailings (average 1,964 tons per vessel). I I LI L toA HN e E For Every Need and Purpose WORKMEN'S FIRE COMPENSATION MARINE PUBLIC AI LIABILITY ACCIDENT AUTOMOBILE PLATE GLASS ATLAS ASSURANCE CO. LTD. THE EMPLOYER'S LIABILITY CONTINENTAL INSURANCE CO. ASSURANCE CORPORATION LTD. ORIENT INSURANCE COMPANY INSURANCE COMPANY OF NORTH AMERICA General Agents i. E. ELSEC, INC. Telephone 2-24-28 - MANILA - Kneedler Building China and Japan....... H onolulu................ Pacific Coast............ Europe via America..... Straits Settlements and Dutch East Indies..... Europe and Mediterranean ports beyond Colombo.. Australia............... America via Suez....... Total for August, 1936... Total for July, 1936...... Total for August, 1935.... I rntermeFirst d(ate 55 153 3 2 48 34 6 0 16 12 24 15 8 0 0 1 160 217 150 206 139 203 Third 163 8 17 0 9 1 0 0 198 145 219 I OPTIMUS LANTERNS ~ r 'THE NIGHT SUN Radiant Illumination at low cost The Ideal Lamp for Mines, Centrals and Plantations Sold By All Dealers i'i7 rilp.' Sole Agents: DY BUNGIO & GO,, INC. Head Office: 191-213 Muelle de Binondo, Manila, P. I. i IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

October, 1936 THE AMERICAN CHAMBER OF COMMERCE JOURNAL 47 PRINCIPAL EXPORTS - - -- --- - --,, August, 1936 Monthly average for 12 months August, 1935 previous to August, 1936 Commodities Quantity Value % Quantity Canton (Low Grade Cordage Fiber).......647,555 52.01 0.3 487,71 Cigars (Number)...................................... 518, 1 4 Coconut Oil....................................................... 7,51 6,872 1.195,377 8.0 7,347 2( Coconut Oil 16,868,960 518,689 3.5 15,698,4 Copra..................... 7,516,872 1,195,377 8.0 7,347.2 Copra,Mea11i.............................:32,159,906 3,107.272 21.0 21,252,0 Corda e......................................... 8,256,5:31 255,982 1.7 8,(87,3' Cordage............................................................ 481,722 177,869 1.2 506,7 Desiccated and Shredded Coconuts.............3,495,1;3. 886,393 5 9 3,167,9' Em broideries....................................................... 75,529 Hato (Number).'''''. 754,529 5.1 H ats (N um ber)..................................................... 4 86,99 () 32, Hemp.61,5:34 86,996 0.6 132,2( Knotted Hemp.............. 468.804 17,672 0 1 8,5 Knotted Hemp.15,661,619 2,992,855 20.1 15,112,41 Leaf Tobacco..................................................... 17,6721 239,83 0 1,5 Lumber (Cubic Meters):::............:::.......... 1,788,721 239,8930 1 (i 7, Pearl.u;tto.. (G s...s.....):..1........................... 1729,729 171,065 1.2 1,134,5( SugaT~r...... P 72,455 47,648 0.3 54,51 AllOther Products"............................. 19,258,561 2,534,498 17.0 65-,530,54 All Other Products...... 1,455,945 9.8 Total Domestic Products.4,734,525 United States Products..................2........................ 11123 Foreign Countries Products,:......::.*.'4 111,239,888 Grnnd Totall.P14,889,652 T:A_ qu........... antities are in kilos except where ot........................................ 52 NOTE:-All quantities are in kilos except where otherwise indicated. Value % Quantity Value % 87 P 27,491 0 2 398,177 1 28,283 0.1 75 465,809 2.7 16,542,460 503,680 2.3 66 1,118,924 6.4 13,756,926 2,095,568 9.6 38 1,730,679 10.0 25,434,832 2,244,023 10.3 7(0 264,572 1.5 9,186,361 278,179 1.3 45 164,638 0 9 520,142 170,838 0.8 77 719,162 4.1 2,908,746 722,348 3.3 748,560 4.3 844,182 3.9 )3 61,915 0.4 44,944 76,072 0.4 69 1,782,708 10 3 14,363,217 2,600,347 11.9 27 10,605 4,676 6,206 27 217,091 1.2 1,603,785 430,526 2.0 81 225,032 1.3 9,651 293,401 1.4 0) 79,269 0.5 16,015,509 154,406 0.7 46 37,222 0.2 61,192 38,900 0.2 40 8,614,162 49.8 75,938,664 10,326,336 47.0 1,065,553 6 2 1,016,175 4.7 r17,333,400 98.7 P21,829,470 99.2 235,832 1.3 149,637 0.7 8,833. 20,659 li1lq n'~'... -n -c -.zz rl7',uus,05 r21,599,70(6 PRINCIPAL IMPORTS. -....... - I CARRYING TRADE IMPORTS Monthly average for August, 1936 August, 1935 12 months previous Articles to August, 1936 Value % Value % Value % AutomobilesP 592,065:3.5 P 482,907 3.2 P 527,900 3.4 Automobile Accessories 202,90i 1.2 220,243 1 5 156,532 1.0 Automobile Tires.... 330,570 2.0 151,680 1.0 197,411 1.2 Books and Other Printed Matters. 127,140 0.8 167,365 1.1 170,526 1.1 Breadstuffs Except Wheat Flour. 115,466 0.7 91,070 0.6 101,700 0 6 Cacao Manufactures Except Candy... 72,589 0.4 77,982 0. 5 72,176 0 Cars and Carriages. 103,707 0.6 61,455 0.4 115,139 0 7 Chemicals, Dyes, Drugs, Eta, Coal..513,031 3.0 508,744 3.4 465435 30 Coffee Raw and Prepared. 123,43 0.7 115,49 0 109,54 0 7 cious Stones Unset.. - 124,188 0.7 44,811 0.3 43,637 0.3 Earthen Stones andChinaware..11:3,541 0. 7 5.3,020 0.4 79,944 0. Eggs andPreparations of 20,282 0. 1 14,469 0.1 24,016i 0. 2 Electrical Machinery.... 404,399) 2.4 371,212 2. 3 434,510 2.7 Explosives.128,004 0.8 229,151 1.3 133,369 0.9 Fertilizer 123,)08 0. 7 295,542 2.0 295,489 1.9 Fish and Fish Products. 17:3,521 1.0 179,562 1.2 260,753 1. 6 Fruits and Nuts. t 146,728 0. 9 153,058 5.0 229,818 1. 4 Gasoline 199,842 1. 26,3 1.7 490,561 3 1 Glass and Glassware., I, 123,9:31 0. 7 160,960 1.1 127,573 0 8 India Rubber Goods., 171,298 1.0 172,449 1. 1 118,816 0 8 Instrument and Apparatus Not Electricaf.... 97,294 0.6 60,717 54,313 0.3 Iron and Steel Except Machinery 1,672,91 99 1,228,887 8. 2 1,375,843 8 8 Leather Goods.. 8,428 0 5 20f4,567 1 4 179,112 1 1 Machinery and Parts of 868,3:38 5.1 737,972 4 9 856.669 5 Matches............ 16,087 30,26 0.2 16,763 0 2 Meat Products. 17:3,282 1.( 227,069 1? 24,5.32 1 f Motion Picture Filmns. 2(,57 (. 1 41,724 0. 3 45,604 0 3 Oil, Crude:.......... 31:3,190 1.) 9 2S(,068 1 9 360,'62 2 3 Oil, Illuminting.1. IS,,467 1.1:38.522 01 3 230,69 1 4 Oil, Lubricating. 1.57,464 (444 220,.591 1 5 123,878 0 8 Oi01, not Separately Listed..f6l,7s 0 4 58,125 0 4 87,778 0 f Paints, Pigments, 4,arnish, E......... 42 7 0. 118,709 0.8 s 142,00 0 Paper Goods Except Bookrt es....... 426,605 2 5 4:137,188 2. 9 376,581 2 4 Perfumery and Other T'oilet Goods.. 11,212 0 7 1298,63:9 0.2253 (. 5 Photographic Equiposent and Supplies.4 418:1S3 02 43.459 47,328 0.3 Rice i ce,.,, 7 2 0 9 7,595 0. 2 154,490 10 Shoes and Other Foot-..7 3 10 ware. 55.4,'47 0.: 52,52 1 0:1:9,1987 1. 3 Silk Goods.54. 4S,7:32:1 2 490,284 3 3 487, 15 Soaps.o 75,510 0 4 440.0(4(4 () 41 71,681 0 r) Slgar and Molasses.: 22,43::3 0 1 35,979 0 29985 0 2 Tobacco and Mlanufactures of.. 29,58 1 7 59,26:3 57 663,844 4 2 Vegetables. 22 7.9,7.72 1. 4 24:3,1) 1 284,718 10. VeMetableFibreandianufactures of... 2:3:4,441 1 4 18:3,141 1:1 264,987 1 7 Wheat Flour.. 855,2141 5 1 5:3(,11(4 5 521,2:38 3 3 Wood, Reed, Bamboo and Rattan........... 77,511 0 5,48 ( 4 9(:36:3 )5 Woolen Goods.. 1:1,.54 1) 8 79.346 () 5 82,2(49 ((.5 Other Imports........1,1,)4.537 7 1,326,54 8 4 GiandTotal... (li1.S,l 8 P14. 457538 PI5).700.216 I Monthly average for August, 1936 August, 1935 12 months previous Nationality of Vessels to August, 1936 Value % Value % Value % American............. p4,454,602 26.0 P4.495,488 30.8 P5.348,642 33.2 British................. 5,795,634 34 5,586,026 38.3 4,830,575 31.8 Chinese..... 54,477 0. 3 29,199 0.2 40,176 0.3 Danish................. 359,619 2.0 365,128 2.5 335,884 2.2 Dutch................ 1,206,421 7.3 865,904 5.9 806,129 5.3 French.............. 44,884 0.3 6,303 German.............. 1,115,238 6.8 728,838 5.0 826,374 5.5 Greeks................. 38,701 0.2 8,067 17,155 0.1 Italian................ 94 278 Japanese............... 1,651,152 10.1 1,517,198 10.4 1,510845 9.8 Norwegian............. 1,554,930 9.4 396,549 2.7 1,282,087 8.3 Panaman.............. 21,371 0.1 434,874 2.8 255,973 1.2 Philippines............. 43,969 0.2 1,896 Swedish................ 161,825 1.0 164,311 1.1 92,738 0.6 By Freight............. P16,458,033 97.6 P14,636,465 97.2 P15,355.055 98.3 By Mail.............. 403,155 2.3 321,072 3.8 345,164 1.7 Total... P16,861,188 P14,957,538 P15,700,216 EXPORTS Monthly average for August, 1936 August, 1935 12 months previous Nationality of Vessels to August, 1936 Value % Value % Value % American............. P4,505,277 30.5 P5,393,899 30.8 P7,254,271 33.0 British................. 3,270,920 22.1 3,565,256 20.3 4,990,168 23.0 Chinese.... 152,261 1.0 50,000 0.3 15,127 Danish................. 539,056 3.6 1,690,214 9.7 911,913 4.2 Dutch............... 787,593 5.3 526,630 3.0 767,754 3. 5 French................ 4,215 358 German................ 530,180 3.5 104,376 0 6 363,255 1.7 Greeks......... 35,000 0.2 30,000 0.2 13,802 Italians................ 151,181 1.0 101,540 0.5 Japanese............... 2,184,664 14.7 4,477,945 25.7 4,777,211 21.8 Norwegian.. 2,561,204 17.3 664,957 3.8 2,201,796 10.1 Panaman............... 910,347 5.2 297,156 1.3 Philippines............. 4,689 Swedish................ 184,361 1.2 74,740 0.4 193,270 0.9 By Freight............ P14,801,697 99.4 P17,472,579 99.4 P21,892,310 99.5 By Mail............... 87,955 0.6 105,486 0.6 107,456 0.5 Total.............. P14,889,652 r17,578.,065 21,999,766 TRADE WITH THE UNITED STATES AND FOREIGN COUNTRIES Monthly average for August, 1936 August, 1935 12 months previous Countries to August, 1936 Value % Value % Value % United States.......... P18,253,861 57.6 P24,159,951 74.3 P27,341,743 72.0 United Kingdom........ 1,282,333 4.0 663,090 2.0 1,007,994 2.7 Australia............... 599,369 1.9 268,338 0.8 407,708 1.8 Austria................ 2,789 3,877 8,948 Belgium................ 335,238 1.1 234,494 0.7 242,306 0.6 British East Indies..... 415,715 1.3 273,000 0.8 346,436 0.9 Canada................ 371,509 1.2 215,425 0.7 279,154 0.7 China............... 773,930 2.4 598,026 1.8 599,169 1.6 Denmark........ 69,366 0.2 109,998 0.3 138,444 0.4 Dutch East Indies...... 451,874 1.3 314,543 1.0 360,632 0.9 France.....4.......... 459,546 1.4 295,831 0.9 459,910 1.2 French East Indies..... 191,747 0.6 84,103 0.3 172,815 0.5 Germany............... 1,074,019 3.4 637,791 1.9 810,207 2.1 Hongkong.............. 307,149 0.9 215,142 0.7 164,667 0.4 Italy................ 191,238 0.6 31,202 0.1 178,485 0.5 Japan.................. 4,193,888 13.2 3,398,250 10.4 3,461,381 9.2 Japanese-China........ 19,654 84,905 0.3 37,253 0.1 Netherlands............ 1,543,998 4.8 150,699 0.5 595,363 1.6 Norway................ 65,229 0.2 16,497 35,792 0.1 Siam.................. 15,348 10,288 26,151 Spain.................. 384,669 1.2 431,953 1.3 525,510 1.4 Sweden................ 152,147 0.5 100,657 0.3 108,481 0.3 Iwitserland............. 114,012 0.4 76,062 0.2 94 008 0.2 Other Countries...... 481,612 1.5 161,491 0.5 297 425 0.8 TRADE WITH THE UNITED STATES AND FOREIGN COUNTRIES Monthly average for August, 1936 August, 1935 12 months previous Ports to August, 1936 Value % Value % Value % Cebu.. P r.250,:75 16.5 3P4,040,903 12.4 P4,934,272 13.0 Dvao... 1,1,271 4.8 994,217: 1 1.413,395:3.7 Iloilc.................. 1,595,684 5.0 3.892,183 12.0 7.028,741 19.0 Jolo.. 78,13 0.2 51,41: 0.2 38,398 0.1 Legpi................ 1393,563 4 4 551.871 1.7 906,897 2.3 Manila.... 21,514,64 67.9 22,552,510 69.2 23,023,877 61.0 Zamboanga............. 387,130 1 2 452,506 1.4 354,600 0.9 Total.............. P31,750,840 P32,535,603 P37,699,982 ( I i Total.............. P31,750,840 P32,535,603?37,699,982

48 THE AMERICAN CHAMBER OF COMMERCE JOURNAL October, 1936 RAIL COMMODITY MOVEMENTS By LEON M. LAZAGA Traffic Manaldr, Manila Railroad Compan, FREIGHT REVENUE CAR LOADING i I I 2 The volume of commodities received in Manila during the month of Septemher 1936, via the Manila Railroad Company, are as follows: Rice, cavanes..37,119 Sugar, piculs...126,138 Copra, piculs...136,385 Desiccated Coconuts, cases. 32,343 Tohacco, hales. 272 Lumher, hr ard feet. 338,147 Timher, kilos..... 1,507,000 Rice............. Palay............ Sugar Cane. Copra.. Coconut........... Molasues........... Hemp............ Tobacco........... Livestock........... Mineral Products........ Lumber and Timber...... Other Forest Products. Manufactures..... All others including LCL FREIGHT CARS TONNAGE Decrease 1936 1935 1936 1935 Cars Tonnage 814 821 10,557 10,844 (7) (287) 10 35 85 342 (25) (257) 228 91 7,193 2,621 137 4,572 8e6 876 6,025 6,283 (70) (258) 143 61 1,566 620 82 946 3 50 102 1,505 (47) (1,403) 1 6 (1) (6) 6 8 60 67 (2) (7) 3 9 7 32 (6) (25) 283 1 95 3,216 2,082 88 1,134 166 138 4,217 3,658 28 559 6 6 3 46(7) 154 122 2,111 1,602 32 509 2,637 2,486 18,244 1.5,311 151 2,933 52Sf) 4899 43.22 4,5-.019 c 360F -8,403 L SUMMARY Week ending Sept. 5... 1,309 1,246 14,544 11,116 63 3,428 Week ending Scpt. 12... 1,462 1,256 1.5,000; 11,770 20(1 3,236 Week ending Sept. 19.. 1,230 1,138 12,70)7 10,886 92 1,821 Week ending Sept 26.. 1,258 1.2Sf) 11,165 11,247 (1) (82) TOTAL.. 5,259 4,899 5:3,422 45,019 360 8,403 NOTE:-Figures in parenthesis 'indicate decrease. The freight revenue ear loading statistics for four weeks ending Septeruher 26, 1936 as compared with the same period of 1935 are given helow: A 'I BUSINESS AND PROFESSIONAL DIRECTORY Kerr Steamship Co., Inc. P.O0. Box 1394 Telephone 22070 Philippines Cold Stores General Agents J. A. STIVER Wholesale and Retail "SILVER FLEET" Attorney-At-Law-Notary Puhlic ____ Express Freight Services Certified Public Accountant Dealers in Philippines -New York-B ost ton Administration of Estates American and Australian Philippines-Pacific Coast (Direct) Receiverships Refrigerated Produce Roosevelt Steamship Agency Investments Collections A gents Income Tax STORES AND OFFICES Chaco Bldg. Phone 2-14-20 Manila, P. I. 121 Real, Intramuros Manila, P. I. Calle Echague Manila, P. I. THlE COMMONWEALTH OF THE PIIILIPPINE ISlANDS RUI-,IEAU: OF POSTS American Chamber of (Ifequired by Act 2380) C om m er ce Journal The undersigned WAttIER J1. RtOBB, Edifor, P. 0. Box 1638-Manila-1811 David nila, P1. I., after hav-ing been dulfy sworn in aecord once with Iaw hcreby submoits the following RATES: Philippines P4.00 per statetment of ownershuip, toanagenient, circulation, etc., as required by Act 258f) of the Philippine year-United States $2.00 per l~egisloture:,feel Editor, WVALTER.1. llOtto P'. 0. BOX 1638, year-Foreign Countries $83.00 Manila. peryer.Publisher: The Aniericon (bomber of Cowper year.nerce of the Philippine Islantls. Business Maniager, VsAtTEnt J. oifens, P. 0). lBon 1638, Manila. ___ __ __ __ __ ___ __ __ __ __ ___ __ __ __ __Owners or stoekholdere,: The A mnerican Chamber of Comnorrevce:1 the Philippines. j~ilf ondho~lders, mnortgages, or ofther sectirity hotlders of one per cent or snore of total value: Total cruain-120 CHINA BAN KIN G~ Manila, 1'. I., S1pt, 25th, 1936. WALTER J1. ltOBB. C O0R.PO R A TI[O N Subscribedl and sworn to before me this 25th of October, 1936, tse deelarant havisug exhibitedl his MANILA, P. 1. eedtsla F-77057 inesuesd at Manila, P). I., on February 26i, 1936. IBRAULIO DE VERA Sup(. Instpection Dieisioa Domestic and Foreign Banking of Every Description Bureau of Polst IN RE3POVDIN G TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL

* a* Itr - -..r.rl, Creosote Is An 'Antidote' for Ants White ants simply will not associate with creosote or anything that has creosote in it. Taking advantage of this knowledge it will pay you to use nothing but Even No. 10 Signal Will Not Stop It,.. I s11,~Ir 1 CCILIJ4SUI LUMBER Rot is another problem that causes large losses. Again creosoted lumber brings a great saving. Actual use of this has proven that it will prolong the life of lumber for many more years. We have ample stocks for all purposes, including piles and ties. ATLANTIC, GULF & PACIFIC COMPANY,~A.34 ELECTROLUX THE SERVEL, Z/;.a |s No. 10 Typhoon Signal means high winds and destructive floods. Underground pipes are not affected by winds; the United States had exceptional floods the early part of this year, but in no case did these affect the operation of the ELECTROLUX. We in Manila have had our experiences with both in the past and the ELECTROLUX has always stocd the test. That is why you will find the ELECTROLUX the most dependable and economical automatic refrigerator available today, protecting your food supply without interruption. If you intended buying ANY refrigerator, or are replacing an old one, make us prove our claims about the ELECTROLUX. MANILA GAS CORPORATION Display Room: 136-138 T. Pinpin I I I - - - - - - -- - - A A IN RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF CMMERCE JOUKRVAL

clLdL i,,. i) r Ir r ii $ i: )xr C.4r., * r. C ft ') r I I -V9-, ',,,I:;~;,~~~;'9, i i -,Y 4 t'f* _, I7. 4 I I I I I i i i I I i I I i I I i I I i I i i I i I r I - - f - * I THE Spoti STUDEBAKERS a _ t Cars 1 9 3 tigt Cars of 1937 i II I I I i I I I i I i I I i i i I I i I I i I I i I I i I i I in NEW AND MORE BEAUTIFUL HELEN DRYDEN STYLING * WORLD'S LARGEST CARS IN LUGGAGE CAPACITY * WORLD'S FIRST FULLY WEATHER CONDITIONED CARS * WORLD'S FIRST CARS WITH DUAL ECONOMY OF FRAM OIL CLEANER AND OVERDRIVE * NEW UNDERSLUNG REAR AXLES GIVE ROOMIER INTERIORS AND MORE RESTFUL RIDING * WORLD'S ONLY CARS WITH AUTOMATIC HILL HOLDER * WORLD'S STRONGEST AND SAFEST ALL-STEEL BODIES I I t I i i I I I I I i I I i i I i i i i I I I I i I i I Again Studebaker leads off the new motoring year with cars that are the sensations of the motoring world! Magnificent new Presidents! Impressive new Dictators! Champion in every inch from top to tyres and bumper to bumper! The photograph above does only half justice to the vigorous, clean-cut, refreshing new style lines that make these new Studebakers the spotlight cars of 1937! Silvery "Winged Victory" radiator grilles and bonnet louvres! Beautifully rounded one-piece bonnet tops that lift up from the front! Torpedotype headlamps mounted on the bonnet! Sweeping mudguards! Coloured running boards! Domed disc wheels. And the interiors, styled anew by gifted Helen Dryden, are the richest, most luxurious your eyes have ever seen. But the real thrill is in driving these new Studebakers! Arrange to do so now! See for yourself how much more you can get in an exciting new 1937 Studebaker than you ever thought a little money would buy. * An Inpressive new Dictator Six A Magnificent new President Eight I MANILA MOTOR COMPANY, INC. l Manila 937 Ongpin-Tel. 2-22-95 Bacolod - — ~ --- —- - II`~~~ --- —--- -- -I I RESPONDING TO ADVERTISEMENTS PLEASE MENTION THE AMERICAN CHAMBER OF COMMERCE JOURNAL MCCULLOUGH PRINTING COMPANY