Directory_and_Chronicle_1925 — Page 1587

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ILOILO CEBU

Yangtsze Insurance Association, Ld. Maritime Insurance Co., Ld. United States Lloyd's

Federal Insurance Co. of New York Nippon Yusen Kaisha White Star Line

Prince Line (Far East Service) Bibby Line

Admiral Line (Pacific) Columbia Steamship Co.

Hawaiian Philippine Co., Silay Welch-Fairchild, Ld.

Iloilo Warehousing Corporation Sperry Flour Co.

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

Tel. Ad: Sapiens

J. Strickland, manager

C. G. L. Hodgson

A. Yson

Agencies

Guardian Assurance Co., Ld.

Hongkong Fire Insurance Co., Ld. Liverpool, London and Globe Insur-

ance Co, Ld.

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

Fidelity Insurance Co., Ld. China Fire Insce. Co., Ld. (Marine) Texas Co. (P.I.), Inc.

YAP-TICO & Co., LTD., F. M., Import and Export Merchants-10, Aldeguer Street; Teleph. 17; P.O. Box 227; Tel. Ad: Yaptico; Codes: A.B.C. 5th edn., A.B.C. 5- letter, Bentley's and private

Yap Seng, president and gen. mgr. V. Yulo Suajico, agent and assist. mgr. Agencies

Yek Tong Lin Fire and Marine

Insurance and Loan Co., Ld. Yangtze Insurance Association Tokio Marine and Fire Insce. Co., Ld. Phoenix Assurance Co., Ld.

North China Insurance Co., Ld. Yap-Tico Navigation Co.

YNCHAUSTI Y CIA., Importers, Sugar and

Produce Dealers

Prosper Verstockt, signs per pro.

Antonio M. Ruiz

Francisco Lopez | Antonio Belzarens Luis Lacambra Faustino Errea

F. von Kauff-

Augusto Garcia

mann, jr. Julio Garcia ZUELLIG, INC., F. E., Merchants (successor to

Lutz & Zuellig), European Representa tives: A. C. Lutz & Co., Zurich, Switzerland-Tel. Ad: Zuellig

F. E. Zuellig, president O. Schulthess, manager

CEBU

This is the capital of the island of Cebu, and now ranks 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. The Redemptorist Fathers have a mission at Opon, across the Straits. Cebu is a well-built town and possesses fine roads. The trade of Cebu consists principally of hemp, sugar, copra, maguey and, latterly, coconut oil. 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 exten- sive 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 value amounts to about P.350,000 per annum. The Naga Cement Works, situated about 20 miles from Cebu, were completed in 1922 and have a capacity of 1,000 barrels a day, which is more than enough to supply the Philippine Islands.

Cebu continues to grow in importance as a trade centre. New wharves liave been completed and another one is under construction, and vessels drawing up to 25 feet can load alongside with perfect safety. There are suitable berths for three ocean-going vessels at one time and a fourth could be accommodated if the draft were not over 20 feet. The annual total production of hemp in the Cebu district is between 45,000 and 55,000 tons. The sugar industry has suffered severely in recent years by drought, but with the revised U.S. tariff and recent high prices a new impetus was given to planters, and many abandoned estates were worked again with success but low prices have again disheartened planters and the crop is negligible. The production of