Directory_and_Chronicle_1921 — Page 1523

1402

China Fire Insurance Co. Western Assurance Co.

ILOILO CEBU

Law Union and Rock Insurance Co. State Fire Insurance Co., Ld. Kobe Mar. Trans. & Fire Mar. Co., Ld. Tokyo Marine Insurance Co., Ld. Yangtsze Insurance Assn. Co., Ld. Maritime Insurance Co., Ld. United States Lloyd's

Federal Insce. Co. of New York Nippon Yusen Kaisha

White Star Line

Prince Line Far East Service

Hawaiian Philippine Co. Welch, Fairchild & Co.

Iloilo Warehousing Corporation

Sperry Flour Co.

The Bibby Line

Fuso Marine Insurance Co., Ld.

WISE & CO., INC., Merchants-Teleph. 23;

Tel. Ad: Sapiens

F. W. Whiteley, manager

W. A. Foss

A. Yson

G. Larion

Agencies

Guardian Assurance Co., Ld.

Hongkong Fire Insurance Co., Ld. Liverpool & London & Globe Ins. Co.,

Ld.

North China Insurance Co., Ld. Yokohama Fire, Marine, Transit and

Fidelity Ins. Co., Ld.

China Fire Ins. Co., Ld. (Marine) The Texas Company

Union Guarantee Co., Ld.

YAP-TICO, F. M.

YNCHAUSTI & Co., Importers, Sugar and

Produce Dealers

Prosper Verstockt, signs per pro.

J. Salutregul

J. Garcia

F. Urreaga

T. Pasion

F. Lopez

Fritz v Kauffmann, jr.

Augusto Garcia

Julionio Garcia

Antonio Belezarena

Faustino Errea

CEBU

This is the capital of the island of Cebu, and ranks with Iloilo as the second port of the Philippines. It was at one time the seat of the administration of revenue for the whole of the Visayas, but this was removed to Manila in 1849. For many generations it has been an important centre of Roman Catholic Missionary enterprise, and in this connection it may be mentioned that the present Seminary and College of San Carlos was founded by the Jesuits in 1595 as the College of San Ildefonso. Cebu is a well-built town and possesses fine roads. The trade of Cebu consists principally of hemp, sugar, copra and magney. The neighbouring islands of Leyte, Mindanao and Camiguin possess extensive hemp plantations, a large proportion of the produce of which finds its way to Cebu for shipment. There are some very valuable and extensive coal deposits in the island of Cebu, but only a few mines are being worked. The present total output is about 1,500 tons a month, which at present local value amounts to over half a million pesos per annum.

Cebu continues to grow in importance as a trade centre. New wharves have been completed and another one is under construction, and vessels drawing up to 30 feet can load alongside with perfect safety. The annual total production of hemp in the Cebu district is between 25,000 and 40,000 tons. The sugar industry has suffered severely in recent years by drought but with the revised U.S. tariff and present high prices a new impetus has been given to planters, and many abandoned estates are being worked again with success. The production of copra is increasing yearly and is likely to continue doing so for some years to come. The town possesses a fine reinforced concrete Customs House and concrete godowns line the wharf. Indeed, the major portion of the business district is now built of concrete.